We cannot change a reality we deny exists, so if you want to enhance your relationship with money, you must first know what it presently is. In this and the next post, I’ll introduce you to simple exercises you can use to “stir the pot” and begin to gather evidence as to what your relationship with money is like. (Remember: “Money” refers to all types of financial / material means.)
Step 1: Identify your Money Scripts
Money Scripts are the automatic thoughts we have in regards to money.
Exercise 1: Brainstorming
Take out a blank sheet of paper. Read through the following list – one item at a time – and consider how each relates to money. Write down whatever pops into your mind.
Don’t filter! Don’t judge! Don’t rationalize!
The key to brainstorming is to let the thoughts flow freely and easily. There will be time later to consider what you have written down.
Give yourself 15-30 seconds with each word, then move on to the next. Remember, there is no right or wrong answer – simply write down what first comes to mind.
Wealth
Happiness
Success
Debt
Family
Obligations
Work
Taxes
Saving
Pain
Values
Trust
Luck
Spending
Children
Bankruptcy
Harmony
Conflict
Regret
Shopping
Rights
Poverty
Inheritance
Giving
Fantasy
Honesty
God
If there are other words you’d like to brainstorm, go for it! Add them to your list. This exercise will help you practice noticing your thoughts.
Exercise 2: Real-time Tracking
Over the next week, keep an ongoing log of your thoughts regarding money. While you’re in a store, paying bills, considering your work, parenting children, chatting with friends, day dreaming … what are your Money Scripts? Write these down.
Remember, this isn’t a matter of “good” or “bad” – it is what it is. Each script is evidence of the experiences that have shaped your relationship with money into what it is today. They are grist for the mill of enhancing your relationship with money.