Do You have a problem with your money relationship?
Perhaps you are too worried when dealing with money, or you believe you do not deserve the money you have earned.
We don't have a transactional relationship with money, according to Dr. Deka. We have an emotional bond instead.
This is because "money becomes a part of our emotional environment as youngsters far before our reasoning brain starts operating." As a result, our connection with money becomes more emotional."
This is why we begin to associate feelings with money, such as happiness, sadness, guilt, fear, wrath, sorrow, and humiliation.
Here are some examples of how emotional attachment to money affects our understanding of money.
Money guilt
For example, when a youngster is repeatedly informed that you don't deserve this, you don't deserve that, or you need to do more in order to earn this,If the youngster accepts and believes these remarks, they may grow up to be people who feel guilty when they are given something or even when they have to ask for what they actually deserve.
Money phobia
Furthermore, the scarcity mindset is inheritable, which means you might get it from your parents.
How can I handle these financial issues?
- Determine the emotion you have associated with your money. You have to figure out what the worst thing that can happen to you with money is, he says. Write down any emotion you're feeling, whether it's guilt, wrath, or terror.
- From whom did I learn this in my life? --Whether it's your grandmother, grandfather, mother, father, or sibling, once you realise whence you got this concept, you'll be able to realise that most of your thoughts about money aren't even yours to begin with.