Today I want to talk about the number one money block – your family money legacy.
If you have money issues then you’ll want to listen to this audio (below).
What your family believed about money and what you experienced growing up formed your money beliefs.If you’re not happy with your money situation, pay attention to your thoughts, beliefs + behavior. Click To Tweet
Those beliefs are the root cause of any money issues you’re experiencing in your life today.
If you’d rather listen in to today’s post click play below.
Just as your DNA is a combination of your mother and father’s genetics, so if your family money DNA – this is your money legacy that’s been passed down through many generations and not questioned.
What you saw, heard and experienced with money before age 7 is imprinted in your subconscious mind.
This is not your parent’s fault, because they learned about money from their parents.
Your subconscious mind is much more powerful than your conscious mind.Your subconscious mind controls 95% of your habits and behaviors and what you believe is what you act out in life. Click To Tweet
Let’s talk about money beliefs. These are just some common beliefs I’ve heard over the years in my classes.
- Money doesn’t grow on trees.
- What do you think, I’m made of money?
- Making money is hard work.
- I can’t make money doing what I love.
- Rich people are snobs or they’re mean or greedy.
- Bad things happen when you make a lot of money.
- People in my family don’t make a lot of money.
- Money has to come from outside of me (from someone else).
In order to change your money situation, you first must become conscious about what you saw, heard, and experienced growing up because that’s in your subconscious mind.
You’ll create a life based on what you believe because you take action based on your beliefs.
So how do we change our beliefs?
When you understand what you believe, the next step is to watch your behavior and emotions with money.
If your actions (spending or avoiding looking at your finances) are at odds with what you consciously want, you’ll begin to notice that your conscious mind is at odds with your subconscious mind.
work with your subconscious mind
Find the belief of fear and then understand why you’re doing what you’re doing with money then change it.
Once you understand what your beliefs are and how it’s impacting your life, now you take steps to make a change. If you don’t change, you won’t be able to transform your relationship with money.
Change your inner world to change your outer world.
This is a key point for me to reinforce.What you think and believe is what you'll create in your physical world. Click To Tweet
That’s the power of your thoughts and beliefs.
One way to help get your subconscious mind on board with your conscious mind is to make declarations.
Put your right hand over your chest and declare out loud affirmative statements that feel calming to your body and mind.
“It’s safe for me to look at my finances.”
“There’s no limit to how much money I can make.”
“I am a money magnet.”
Notice if anyone of those declarations caused you to feel nervous, you have work to do;)
Your family money beliefs
So what did your family say about money?
My father said that I had to work hard to be successful.
That belief became hard wired in my subconscious and it drove my behavior until I became conscious of it and started to make changes. It’s a constant process for me to overcome.
I also heard that money doesn’t grow on trees.
Were finances discussed openly in your family?
Did your parents argue about money?
What emotions did your family associate with money?
We adopt beliefs and think they’re true without questioning them.
So break the legacy now.
When you break your family money legacy, you’ll be able to make the money of your dreams.
Be a role model for your family and children.
Model how to move out of fear and build a solid relationship with money.
You want to care and nurture this relationship just as you would any relationship that you value.
We tend to beat ourselves up about what we’ve done in the past. You are innocent. You just didn’t know any better.
I love Oprah’s quote, “When you know better, you do better.”
One of the most important things you can do to improve your financial situation is to understand your money story.
It’s important to identify your existing relationship with money—what you’re saying about money, how you feel about it, what you believe about it, and how you use it.
So the key is to learn to observe what you’re thinking and discern the inner critics – the critical voices we all have in our heads that we automatically believe.
That is the voice of the ego. It’s trying to protect you yet it will keep you playing small.
Begin to listen to the only voice that matters – your Higher Self (intuition or soul) and learn to notice when your ego (little self) is on overdrive reacting to fear.
When you can question what you’ve believed all of your life that was a negative money story, belief or fear, this leads to your freedom.
Most of the time we walk around believing the opposite because the mind will seek evidence for anything it believes to be true.
When you get conscious of the stories you’re telling others and begin to observe them, it’s important to ask yourself, do I really want to be telling that story?
Is it empowering or dis-empowering?
This is why we question what we believe about ourselves and find our own truth.
Answer these questions to begin to develop your money story:
Did your family experience a defining moment around money?
A defining moment shapes our beliefs – we take away from that experience a meaning.
If your family experienced a catalytic event – one that was significant such as losing family wealth, losing a job, living through the Depression, or a divorce that caused financial duress, this would shape your beliefs about money.
Did your family experience sudden wealth or financial success?
What memories do you have of your parents discussing money?
Did they argue about money or did one parent have a different view on spending and saving than the other parent?
What emotions did your family associate with money?
What sayings did your family have about money – rich people are greedy or that people like us can’t keep money or make money?
What did you witness as a child between your parents around handing money?
What emotions do you experience regularly around financial decisions?
I recommend that you become clear about the story you’re telling yourself and others about money.
Get conscious of your thoughts, beliefs and fears around money and what you have been carrying around since childhood (your money legacy).
Decide to change the story if it’s not empowering you.
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