We all have our own attitudes, anxieties, and myths that we have developed about money. We believe that these beliefs are not inherited, but are learned. They are learned from prior experiences and they impact our money decisions- how we spend, how we save or don’t save, and how a feeling, emotion, or situation can trigger an impulse buy.
It’s important to identify your beliefs and feelings about money especially when they contradict your goal of becoming debt-free. This identification process is sometimes easier when you are able to take a step back and look at your patterns as opposed to individual instances. Identifying patterns and emotional drivers will improve your awareness. When aware, we can deal with our problems more effectively.