Good money habits aren’t just about knowing the right tips. It’s also about how we feel about money deep down. Sometimes, those feelings can make us act in strange ways with our money. Dr. Alex Melkumian believes that to get better with money, we need to understand these feelings first.
Another expert, Dr. Bradley Klontz, has named these feelings “money scripts.” These scripts are like hidden rules about money we carry in our minds. Natasha Knox adds that they come from things we picked up when we were young. It’s interesting because two people can grow up in the same place but feel very different about money.
Let’s dig into a couple of these “money scripts”:
- Money Avoidance: Some folks feel uneasy about having too much money. They might think that being rich means being mean or greedy. This can make them avoid dealing with money. To get past this, Klontz suggests looking at good people who have money and see how they use it for good.
- Money Worship: This is when people think that money is the key to happiness. They feel that the more they have, the better. The catch? Money can’t buy all kinds of happiness. Klontz thinks the trick is to focus on things that genuinely bring joy, not just things that have a price tag.
[Curious about the other money scripts and how they impact you? Click here to see the full list.]
