Why does your money story even matter? If you are trying to change the way you behave with money, why bother looking into your past? Because to deal with money well, you need to know what goes in the background of your mind. Often an echo of a memory can pop up – sometimes at the oddest times – with an unhelpful effect on your money habits.
It all kicked off when the other day we were enjoying time with friends who had come to stay with us for a couple of days. As always happens with my friends now, the conversation turned to money – how much we’d like to have, what we’d do with it and how to invest.
When you are trying to make good decisions about money – it is so tempting to just focus on the numbers and ignore everything else – right? Wrong. If that were the case, we could let our calculators make the decisions for us.
In money coaching we talk a lot about taking agency and responsibility for your own money matters. But what happens if someone is controlling you by controlling your access to money? Financial abuse is a lesser known form of abuse which can take place in intimate relationships, in exploitation of older or more vulnerable people – and can happen to people of any gender in any form of relationship.
When clients come to me for negotiation skills coaching, many struggle to separate negotiation from ideas of fighting, argument and conflict. The core of this is that many people – especially women – see negotiations as risky situations threatening their relationships. When you need to negotiate with your partner or employer – you may worry that asking for more could undermine your relationship.
When you have to sit down and explain money issues to a 5 year old, sometimes what they say back to you will change the way you think, completely. This is how listening to Hamilton led to a complete change in view about taxation.
Break the taboo around talking about money with this simple tool – the Money Pizza! Get a handle on where you really are with your money, and where to focus your efforts. The Money Pizza. It’s tasty. You’ll like it.
Marketers are desperate to part you from your money this Christmas – and after the 2020 effect on sales, they are going to do whatever they can to get your cash. But once you know what to look out for, and what to consider – you will be far less likely to be sucked in.