What is Your Money Story? – High Road Financial Planning
have a question about your financial goals? 705-719-3930 Sandra@HighRoadPlanning.com

What is Your Money Story?

We all have a money story. Some of us have more chapters in our stories than others. Some of us are more attached to our stories and are committed to maintaining our part in the script, that may or may not be serving us. Some may feel ashamed by their story and feel uncomfortable sharing it.

Whatever your personal experience and history with money, your story must be told (if only to yourself) so that you can witness it objectively and observe your relationship with money – so that you can discover how you have manifested certain beliefs and behaviours in regard to your relationship and behaviour with money. According to one of my mentors, Deborah Price, we should all reflect on our money story. A simple way to get started is to write all the memories you have related to money – go as far back into your childhood and you can recall. See if you can start to see a pattern of messages that may be influencing you today. Once you see the patterns, you may know just what you need to do to start changing those patterns or you may wish to chat with a Money Coach who is trained in guiding you through a process of self-discovery and build strategies that serve you.

Over time, we develop money scripts that we repeat to ourselves and others. Money scripts are beliefs that are often only partial truths about money and don’t apply to all situations but they are everywhere and in every social group. Behaviours can vary widely depending on how money scripts manifest themselves. Everyone has money scripts. Unconscious money scripts and the behaviours they create can sabotage your goals and dreams.

Some common money scripts…

‘Money is Bad or People with Money are Bad’ – People who live this script have a hard time achieving financial success. They unconsciously arrange their lives so that they don’t  accumulate their desired wealth because they make a series of self-destructive financial decisions throughout their lifetime. Money isn’t good or bad – but it certainly is emotionally charged.

‘More Money will make things better’ – Most times the arbitrary ‘more money’ and ‘enough’ points continues to move out of reach; believing that fulfillment, meaning and acceptance come when they get more but more is a never ending target.

‘Money is unimportant’ – This belief often shows itself in poor financial planning, financial challenges, lack of focus/concern about financial matters. We need to care for our money as a resource – just like health, relationships, time, careers and family because it influences all areas of life.

What do you believe?

Without analyzing your thoughts, complete the sentences below with your first response. Some may jog your subconscious storehouse of beliefs around money, some may not. The important thing is to just write your first thoughts.

  • You only live once so…
  • You don’t know what the future will bring so…
  • Wealthy people got that way by…
  • Poor people are poor because…
  • If I had more money…
  • What I would want my children to understand about money is…
  • I work hard so I am entitled to…
  • Parents owe their children…

Next, write your FIRST THOUGHTS about money and…

  • Happiness
  • Communication
  • Spending
  • Responsibility
  • Saving
  • Power
  • Control
  • Wellness

Of course this is simply a very cursory view of Money Scripts. If you found this exercise interesting, send me an email with your thoughts and let me know if you would like me to send you the complete exercise. sandra@highroadfinancialplanning.ca


What if your beliefs become our thoughts; your thoughts become your words; your words become your actions become your habits; your habits become your values; your values become your destiny?

Mahatma Ghandi


With Gratitude,

Sandra Stewart

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