Unveiling Your Money Habits: What You Need to Know
Much of our daily behavior relies on habits. From our morning routine to preparing for bed, our habits play a significant role in our everyday lives. But did you know that the same principle applies to money? Your views, attitudes, and belief system about money shape the way you approach, discuss, and further your financial vision.
In a study conducted by financial psychologist Brad Klontz, he found that people hold unconscious beliefs about money that can greatly impact their financial habits. These unconscious beliefs, known as money scripts, are typically learned during childhood and adolescence.
Think back to the way your parents or guardians talked about money. Did they pinch pennies and maintain a frugal lifestyle? Were they stressed about money? How did they approach the topic of money with you, if at all? These questions can help you think critically about the money beliefs you’ve been internalizing for decades.
Klontz identified four money scripts: Money Avoidance, Money Worship, Money Status, and Money Vigilance. Each of these scripts can shed light on your financial actions and behaviors, providing valuable insight into your relationship with money.
But don’t fret – these money scripts don’t have to define your future actions. By rewriting your money script and understanding how you relate to money, you can take meaningful steps to improve your relationship with money, balance your spending and saving, and align your financial habits with your core values and goals.
Our team at [Company Name] is passionate about helping people build a life they love, starting with a healthy relationship with money. If you’re ready to learn more, why not set up a call with us today? Let’s explore how a healthy money outlook can expand your life.
