Why Our Relationship with Money is Important?

Money is complicated issue. In a culture where success is measured by wealth, it’s easy to transpose our self-worth with our net worth.  This confusion can fuel low self-esteem and a lack of self-confidence if you’re not a ‘bajillionaire.’

Money is also the number one stressor in people’s lives– studies show that 3 out of 4 Americans include  money at the top of the stress list.  Interestingly enough, in my work as a financial coach I have found that financial problems and issues have less to do with how much money you have and more to do with how you feel about money. Negative feelings can lead to negative outcomes.

Some people may even view money as the enemy if they feel undeserving or feel they will never have enough. The resulting stress makes it easy to blame life’s problems on money and choose to avoid it or think that all your  problems can be solved by money.  This perspective reflects money disorders that create more challenges than anything.

RESTRUCTURING OUR RELATIONSHIP WITH MONEY.

Our relationship with money evolves over our lifetime. From a very young age our influences can come from our parents, family, and community, regardless of whether money was discussed or avoided, or whether felt safe and protected.

As we grow older, our friends, colleagues and partners start to become major influencers in our relationship with money. At this point, social influences through television and other media become a major contributor in our relationship with money, fueling consumerism and feelings of ‘not enoughness.’.

The more we understand our relationship with money through better understanding where and why our thoughts, feelings and beliefs around money come from, the more likely we are to become aware of our  core beliefs and implement healthier financial habits

DEVELOPING HEALTHIER FINANCIAL HABITS

Our financial behavior is an outcome of our relationship with money. Your financial behavior determines your circumstances which in turn determine your financial health.

As we begin to unravel your relationship with money, discover your money stories and evaluate your core values and shift the perspective of exclusively budgets and spending plans, we can begin to focus on healthy financial habits that help you focus on what’s important to you.

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