The Money Story You Heard Growing Up May Still Be Making Your Financial Decisions Today

The Words About Money You Heard as a Child and What They Are Still Doing to You Now

What did you hear about money growing up?

Maybe it was money does not grow on trees. Maybe it was we are not rich people. Maybe it was debt is always bad. Whatever the specific words were they landed in your head at an age when you had no framework to evaluate them and no ability to question whether they were true.

And here is the thing. Those words may still be making financial decisions for you today.

Where Your Money Story Came From

Your family gave you your first money story. Not intentionally in most cases. Not because they wanted to limit your financial thinking or hold you back from building wealth. They gave you the story they had which was shaped by the story their family gave them which was shaped by the experiences and circumstances that defined their relationship with money.

Those inherited beliefs become the lens through which every financial decision is filtered. Why homeownership feels scary even when the numbers suggest it is the right move. Why saving feels hard even when the income is there to support it. Why debt feels dangerous even when strategic use of debt is what builds the assets that produce long-term wealth.

The Good News About Your Money Story

As Dave Weston at the Dave Weston Group with Hallmark Home Mortgage explains your family only wrote the first chapter. You get to write the rest of the book.

If you have ever wondered why buying a home feels overwhelming or why building savings feels like running uphill the answer may not be that you are bad with money. It may simply be the story you have been telling yourself for decades without ever examining where it came from or deciding whether it still serves you.

Identifying that story is the first step. Questioning it is the second. Writing a different chapter is the third and it starts with one conversation and one new habit at a time.

Money Management Wednesday

Dave Weston hosts Money Management Wednesday every week dedicated to building smarter money habits through honest and practical conversations about how we think about money and how to think about it better.

Follow along every Wednesday and reach out to Dave Weston with the Dave Weston Group at Hallmark Home Mortgage whenever you are ready to start writing a new chapter in your money story.

Sources

ConsumerFinancialProtectionBureau.gov
MortgageNewsDaily.com
Investopedia.com
NationalFoundationForCreditCounseling.org
BankRate.com