Are Your Childhood Money Beliefs Draining Your Finances?

What were you taught about money when you were a child. These values could have been discussed from your parents or unknowingly taught by example. For instance, if one or both of your parents constantly complained about money and worried they would not have enough, you may have developed a belief system that money is scarce and hard to come by. Therefore you may hang on tight to your money, rarely ever take risks and therefore stay in the mode of struggling and surviving. On the other hand, if you had an authority figure demonstrate the possibilities one has when they open up to the world’s optimism and opportunities, you may be more willing to open up to them.

Make a list of the negative beliefs concerning money that you have carried with you throughout your life, such as:

  • Money does not grow on trees.
  • Who do you think you are Miss Moneybags?
  • Money is the root of all evil.

Now that you have written those old thoughts down, think about how they have influenced the life choices and daily behavior in your career, relationship, and personal fulfillment. We think it only affects our bank account, but in reality, if you did not have those negative beliefs, you may have made very different choices in your past.

  • Have you taken a career you did not want because of your fear of money?
  • Have you stayed in a relationship because of your fear of money?
  • Have you stopped doing things you love because you are afraid you will be without funds?

I am not invalidating your choices, I am just suggesting to take an honest look and see how powerful those childhood money beliefs can impact our entire lives. Mind-bending, huh? The good thing is that we can shift our money thinking. And this can be one of the most powerful steps in accessing an abundance of wealth.

Think about it. If you just expect and know money is coming freely and easily to you, you will have much less hesitation to take risks and put yourself out there. And the more you put yourself out into the world, the more opportunity you will find. You cannot find it sitting tight at home holding onto your nest egg. Do not confuse this with the idea that impulsiveness or spending with abandon is a good practice. Rather It is a knowingness that you are presenting to the world that “money is coming”. To seal the deal, follow this knowingness with consistent daily action toward your goals.

Do you feel drained by your money beliefs? Let me know how these tips work for you!

Blast Off! The Surefire Success Plan To Launch Your Dreams Into Reality by life and business strategist, Allison Maslan, will cut to the core of what is holding you back and give you the solutions and a step-by-step plan to reclaim and re-invent your life and career.

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Allison Maslan

Allison Maslan

Allison Maslan, CEO of Pinnacle Global Network, is the Wall Street Journal Best Selling Author of Scale or Fail, which is endorsed by Daymond John and Barbara Corcoran of Shark Tank. Allison’s built 10 successful companies starting out at age 19.

Now she and her team of CEO Mentors pay it forward by helping business owners scale their companies, fast-track their success, and create a more meaningful life. Pinnacle Global Network, a world leader in scaling companies and empowering business leaders has guided thousands of CEO's and Founders to success over the past decade. Allison’s been featured in Inc., Success, Fortune, Fast Company, and Forbes Magazines, is a regular contributor to Entrepreneur Magazine, and a featured expert on ABC, CBS, NBC, CNN, and Fox across the US. She is also the host and producer of The Scale or Fail Show podcast, and the Women Who Own it Podcast in partnership with WBENC, the largest certifier of women-owned businesses in North America.

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