I’m no expert, but I’m pretty sure bad spending habits have nothing to do with money and everything to do with the way we feel.
I know I already kinda talked about this a couple of weeks ago (you can read the post here) but I want to dig a little deeper.
Not everyone who struggles to save has low self-esteem, but everyone who struggles to save is having that problem because of the way they feel about money.
This is why we can’t stick to the strict budgets we impose on ourselves for more than 4 days. This is why we can live in the age of information, with 50 million articles on the net called ’10 easy ways to save more money’, and we’re still struggling.
None of these things deal with the way we feel.
If you actually want to save money start paying attention to the stories you tell yourself.
In the words of Seth Godin:
We tell ourselves a story about how we got that money, what it says about us, what we’re going to do with it and how other people judge us. We tell ourselves a story about how that might grow, and more vividly, how that money might disappear or shrink or be taken away.
And those stories, those very powerful unstated stories, impact the narrative of just about everything else we do.
So yes, there’s money. But before there’s money, there’s a story. It turns out that once you change the story, the money changes too.