We all love money, and we all want more of it, but knowing how and why you spend it like you do, might be an answer to your lack of money troubles.
Your attitude towards money was probably set when you were between birth and 7 years old. What our parents’ attitude towards money was, has a lot of bearing on how we think of it today.
Were you told that “money is dirty”, “money doesn’t grow on trees”, “money isn’t the answer to your problems”, “money isn’t a woman’s concern” or “save it for a rainy day”? Do any of these sound familiar?
So, let’s delve a little deeper to find out. Are you a spender, a hoarder, or an Ostrich? Do you spend all your money as soon as you get it, so at the end of the month there is nothing left? Or do you keep it and find it difficult to actually spend any on yourself? Or have you no idea about your money, your husband deals with all that? Or you know you have money, but have no idea of how much exactly?
Think of a large number, a really big large number, one that you think is big. Now, think of that number sitting in your bank account? How does that make you feel? What feelings does it give you? Are you happy, guilty, fearful, uncomfortable, how do you feel?
Our natural assumption is that having lots of money in your account would feel fantastic but that is not always the case. Sometimes, just the thought of having a lot of money in your account is overwhelming, and you have no idea what to do with it. It’s a frightening experience.
On the flip side, if you imagine your bank account with no money in, that for some people is terrifying but for others they think great I have spent it all.
Surprisingly, we all have different feelings about money. Having lots of it is not always as good as you might think.
In joining one of my financial freedom programmes, we look through your relationship with money plus look at your money mindset and see how your beliefs might be impacting your spending. The great thing is, your mindset can change, as can your relationship with money and I’m super excited to help you do just that!
Find out how I can help here.