019 It's Not Your Fault: Saving Money Is Hard, Part 1

Did you know that your beliefs about money, saving, and investing were most likely formed when you were just 6 or 7 years old? The truth is that we imprint the beliefs and emotions of our parents, neighbors, and pop culture when we're too young to even realize what's happening. And the consequences can be disastrous. Most of us have 1 of 4 "Money Scripts" that determine how we emotionally deal with money -- and those emotions time and again are more powerful than your well thought out financial plan. This is the main reason why "smart people do dumb things" with their money, according to Dr. Brad Klontz, author of Psychology of Financial Planning. In this week's episode we take a deep dive into the different Money Scripts to help you understand how 6-year-old you consistently gets in the way of achieving the life and financial goals you set for yourself as an adult. More importantly, we also discuss 1-2 simple daily things you can do to overcome these emotional obstacles and get back on track taking control of your finances. Don't miss an episode: subscribe today on Apple or Spotify today, and opt-in to our weekly newsletter by signing up HERE! Time is almost up to pre-order our mini-course, "Financial Freedom in the Military" and get FREE access to the course when it launches!!! Sign up here: https://www.militarywealthcoach.com/joinus For a complete library of our episodes, blog posts, and more, visit www.militarywealthcoach.com, and follow us on all the socials by searching for Military Wealth Coach or @mwc112358.