Understanding how you view money is crucial 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 how you view money is crucial because it affects every financial decision you make. Your money beliefs are shaped by your family, experiences, and culture, and they influence how you handle money on a daily basis. Some people see money as security, while others view it as a source of power or freedom. Your money mindset is deeply ingrained in your subconscious, but once you become aware of it, you can start to make intentional changes.
When you understand your money mindset, you can identify any unhealthy beliefs or behaviors that may be holding you back. For example, if you have a scarcity mindset, you may hoard money out of fear of...
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