Are Your Money Habits Sane or Just a Product of Your Past? It's not what you think
- Aug 24
- 3 min read
Why your "crazy" isn't crazy at all
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Ever see someone make a financial move that just makes your brain short-circuit? Maybe a friend blows a huge bonus on something silly while you are diligently saving. Or a family member panics about a market dip that you know is just a blip. It feels crazy right The thing is no one is crazy when it comes to money. We all just have a unique set of beliefs about how the world works and how money fits into it. Your experiences are the greatest teachers you will ever have and you're anchored to them for life.
Think about it You were raised by certain people with certain values in a certain part of the world and in a certain economy. The person who grew up in poverty looks at risk and reward in a way a millionaire's kid could never fathom. Someone who lived through high inflation remembers prices skyrocketing while their paycheck stayed the same and a person who saw their wealth vanish in a stock market crash has a completely different view on investing than someone who has only seen the market go up up up.
What you've lived through is so much more powerful than anything you can read in a book or a spreadsheet. You can study all day about stock market crashes but you'll never feel the gut-wrenching dread of coming home and wondering if you made a mistake that will ruin your kids' future. This is why people from different worlds see things so differently. Take a moment to think about the lotto ticket. People in the lowest income groups spend hundreds of dollars on them even when they cant afford a small emergency. It seems totally illogical to those of us who have a safety net but for them its the only tangible dream they can afford...
