Before we can transform our financial lives, we need to get past the illusions that are holding us back. Many of those illusions were learned from our parents, who learned them from their parents. Take a pen, paper, and a few quiet moments to reflect on the financial lessons you learned in childhood. Jot down anything that comes to mind, without judgment. Here are a few questions to get that process started for you:
- What facts and fictions were you taught about money growing up?
- What good and bad habits did you learn?
- What feelings and fears did you absorb?
- What successes and failures did you witness?
- What childhood financial lessons and illusions have you carried into your adulthood?
Your story doesn’t need to be long, but it should describe the financial truths you live by today.
The big question is, how true are those truths? If you’re ready to let go of your financial illusions, read my book Mindful Money: Simple Practices for Reaching Your Financial Goals and Increasing Your Happiness Dividend.