harness the power

what is your money mindset?

Money is much more than a medium of exchange for goods and services. Money reflects our personal values and the hard work we put into earning it. How we treat money, save it and spend it, is a reflection of our internal beliefs - our money mindset.

When it comes to money, we all have strongly held beliefs, whether or not we realize it. Many of these beliefs grew out of childhood and come from lessons we learned from our families or picked up through life experiences.

Why does mindset matter?

Your money mindset matters because understanding our internal beliefs helps us make smarter financial decisions and avoid the behaviors that can potentially damage financial health.

So, how much do you know about your money mindset? Answer the questions below to discover more about your money beliefs and unlock key insights about your mindset and the behaviors holding you back from achieving your financial goals.

When was a time that I felt good about money?

Why did I feel that way?

What does success look like to me?

How will I know when I get there?

When was a time that I felt GUILTY or NEGATIVE about money

Why did I feel that way?

What am I grateful for in my life?

Am I staying focused on the things that matter?

the key

your mindset is the key to your financial health

What does the word “money” bring to mind? Are the associations positive or negative?

Beliefs about money are complicated. It’s a symbol of one’s self: respect, love, freedom, control, power, worth, and much more (depending on the person).

Having a healthy relationship with money and using it to create success requires you to understand the beliefs and internal scripts driving your behavior. Trying to build strong financial habits without the right mindset is like driving down the highway with your emergency brake on.

Talk with someone who understands money mindsets.

If you are looking to understand how to shift your money mindset and improve it, consider talking to your financial professional.

One of the best services financial advisors can provide is that of a coach and accountability partner.

Financial professionals think about wealth in terms of the opportunities it offers and as a tool for good, but they also understand that everyone who walks through the door doesn’t view money the same way. For some people, money is uncomfortable and something they’d rather not think about. Others tie wealth to their definitions of success and self-worth.

No mindset is better than the other. What is important is understanding your own.

beliefs and identifying how they drive your decisions and your behavior. If you can recognize the negative aspects of your money mindset, you can manage your emotions and fears better – and you can recognize and start to change bad habits.

Identifying and changing negative behaviors associated with your mindset are key to making the best financial decisions. 

Investment Advisory Services offered through Trek Financial LLC., an (SEC) Registered Investment Advisor. Information presented is for educational purposes only. It should not be considered specific investment advice, does not take into consideration your specific situation, and does not intend to make an offer or solicitation for the sale or purchase of any securities or investment strategies. Investments involve risk and are not guaranteed, and past performance is no guarantee of future results. For specific tax advice on any strategy, consult with a qualified tax professional before implementing any strategy discussed herein. Trek 23-541