Identify triggers that impact your financial choices from "summary" of Know Yourself, Know Your Money: Discover Why You Handle Money the Way You Do, and What to Do about It! by Rachel Cruze
Understanding the triggers that influence our financial decisions is crucial in gaining control over our money habits. These triggers can be deeply rooted in our past experiences, emotions, and beliefs about money. By identifying these triggers, we can begin to untangle the complex web of influences that impact our financial choices.
One common trigger is our upbringing and the money messages we received from our parents or caregivers. Our attitudes towards money are often shaped by the way money was handled in our childhood home. For example, if we grew up in a household where money was a source of stress and conflict, we may carry those negative associations into our own financial decisions as adults.
Another trigger is our emotions, which can heavily influence how we spend and save money. For some, shopping may be a way to cope with stress or anxiety, leading to impulse purchases and overspending. Others may avoid dealing with money altogether due to feelings of shame or inadequacy. By recognizing how our emotions impact ...
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