Question your beliefs



Most of us have a variety of long-held beliefs that we accept without question: the sun will come up in the morning, a piece of dropped toast will land butter-side down, etc. Sometimes, though, it pays to question your long-held beliefs, especially when they relate to money.

This is because many of us learned things about money as a child that we probably accepted without question. Those beliefs may or may not be accurate and applicable to the world we find ourselves in today. It can pay to examine and challenge those beliefs.

For example, if dinnertime at your house was filled with arguments about money, you might have learned that money (or the lack of money) makes people unhappy. If your parents constantly spent every penny, you might have learned that when things we good, you’d better take advantage, because they wouldn’t be good for long and there was no point in trying to save for a future that might never come. Or maybe you learned that money could be used to soothe hurt feelings, buy someone’s forgiveness, or just make you feel better via retail therapy. Maybe you actually learned good money-management skills that ARE still applicable.

The point is, you won’t know — unless you take a moment to question your long-held beliefs about money. Do they still apply to your life? How are they affecting you? Would you be better served by changing them?

What you believe affects how you act, which in turn affects the things that you experience. Make sure that you’re acting in line with beliefs that are accurate and beneficial.

Posted in Financial health on Jun 19, 2008

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