Changing Financial Habits - It is a Reflective Journey

Last time we delved into the fascinating realm of neuroplasticity, unravelling the intricacies of our brain’s ability to transform and adapt through experiences that push us beyond our comfort zones. Now, let’s explore how can we use this concept to reshape our behaviours around money and finances.

According to James Clear, author of “Atomic Habits,” the initial step towards behaviour change is awareness. Many of our financial habits and behaviours are deeply rooted in our upbringing, parental influence, or our environment. Unearthing these ingrained beliefs can prove to be challenging! This is where I can help.

Through a series of exercises and questions, I guide my clients on a reflective journey through their past money memories. By recalling early money memories and examining past financial decisions, along with the emotions that are intertwined with them, I can help clients identify recurring patterns in their behaviours.

Once we have identified these patterns, we can now sift through them. This process allows us to distinguish which behaviours contribute positively to one’s financial well-being and those that are holding you back. When it comes to financial decision-making, some behaviours are indispensable for fostering confidence and a feeling of well being, while others create doubt and regret.

By identifying and understanding these patterns, we pave the way for meaningful change. Together, we can cultivate behaviors that empower you in making sound financial decisions, while simultaneously working to shed those that may be hindering your financial growth. This personalized approach, rooted in the principles of neuroplasticity, not only acknowledges the impact of your past but also empowers you to redefine your relationship with money for a more prosperous future.