We are each the sum of our experiences, and that includes our experiences with money. From childhood on, we learn money patterns from our parents, families, partners, friends, and peers.
We may also be fortunate enough to learn some money skills from educators or writers, but that information will only affect our personal money experiences if we actively choose to incorporate it into our money practices.
Our history of experiences with money is our Money Story, and it is useful to tell and witness that story in order to take charge of your money.
Everyone may have different feelings about their Money Story: pride, shame, attachment, embarrassment, confusion, anger. Regardless, your Money Story can help you understand why you developed certain money patterns and why you may adhere to particular money beliefs.
For each moment in your Money Story, delve in deeply to the memory:
- How old were you?
- What was the experience?
- How did it affect you and your actions related to money?
- What were your feelings about the experience?
- How do you feel about it now, after time has passed?
Once you actively acknowledge your Money Story, it’s easy to fall into negative patterns when recalling these memories. Instead, it’s important to consider your Money Story in a productive way:
- Remain free of judgment
- Be compassionate to your past selves
- Engage in a practice of self-forgiveness where necessary
Once you have accepted your Money Story and become open to what it can teach you about your money patterns, you’re on your way to transforming your relationship to money and changing your future.
So what’s your Money Story?