{"id":75163,"date":"2024-04-03T04:52:00","date_gmt":"2024-04-03T09:52:00","guid":{"rendered":"https:\/\/www.success.com\/?p=74798"},"modified":"2024-11-05T14:06:08","modified_gmt":"2024-11-05T20:06:08","slug":"our-relationship-with-money","status":"publish","type":"post","link":"https:\/\/www.success.com\/our-relationship-with-money\/","title":{"rendered":"From Our CEO: How Our Relationship With Money Is Influenced by Our Past\u00a0"},"content":{"rendered":"\n

Is it true that our relationship with money is a direct reflection of our parents\u2019 or guardians\u2019 attitudes toward finances<\/a>? This question was posed to me at a conference several years ago, and it has stuck with me. While it seems obvious that our childhood experiences play a significant role in shaping our behaviors as adults, their profound impact on our financial goals<\/a>, decisions, and how we think about money is certainly something I underestimated.<\/p>\n\n\n\n

How our past influences our relationship with money <\/h2>\n\n\n\n

Growing up, my parents\u2019 views on money were starkly different. My mother enjoyed the hunt for a good deal, proudly discovered ways to use coupons and believed in saving for a rainy day. On the other hand, my father believed in the value of a reputable brand, prioritized quality over quantity and cherished unique experiences. Growing up with consumer models that were complete opposites was certainly confusing for me as a child, but it imparted valuable lessons on the importance of both saving and investing, as well as the power of choice.<\/p>\n\n\n\n

The concept of choice has become a recurring theme in my financial journey. So, I wondered: How has the psychology of money influenced my decisions (both big and small) and how might I improve my financial success in the future?<\/p>\n\n\n\n

The psychology of money on financial decisions <\/h2>\n\n\n\n

I am not a financial expert by any means. However, I am constantly trying to improve all aspects of myself and seek to identify where I might remove roadblocks to achieve greater success. Pondering this triggered a deep dive into my psychology with money.<\/p>\n\n\n\n

I asked myself: <\/p>\n\n\n\n