I recently finished an interesting book by Brad Klontz, Rick Kahler and Ted Klontz called Facilitating Financial Health.There were many words of wisdom in this book, but what I found most intriquing was the list of the most common "Money Scripts". Money scripts are in essence the underlying beliefs we hold about money. We all have them and they effect our lives: How we save, or don't; the occupations we choose; how we interact with others in finanical situations; our investment strategies and estate planning; and more.
Not all money scripts are dysfunctional, but taking an honest look at your own attitudes about money will help you take a more reasoned and rational approach to living your life, thus increasing the likelihood of "Financial Health".
The Klontz Kahler's Top Ten list of money scripts are:
- More money will make things better
- Money is bad
- I don't deserve money
- I deserve to spend money
- There will never be enough money
- There will always be enough money
- Money is unimportant
- Money will give me meaning
- It's not nice (or necessary) to talk about money
- If you are good, the universe will supply all your needs.
Financial conflicts among families, couples, workers and business partners are common. Many times they are rooted in very basic differences we have regarding our relationship to money. It may be worth your while to take a little time to think about your own personal money scripts. You may be surprised at what you learn.