Your Money Narrative
Understanding Your Story to Build a Stronger Financial Future
by Amy Cook
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Pub Date Jan 02 2024 | Archive Date Jan 02 2024
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Description
Your Money Narrative: Understanding your story to build a stronger financial future.
It’s not about the money.
Storytelling is a part of each one of us. We tell ourselves stories every day, based on our past encounters, and we mold them over time so they stay relevant with our growth. Our financial stories are no different than the plotlines in our personal lives, however; they can have a profound effect on how we manage our future.
Children of the Great Depression lived through a time of scarcity, which shaped how they viewed their money as adults and how they ultimately passed down their money narratives to their children. These same stories can run rampant for generations if they are not unpacked with curiosity and care. By asking the why, you can unlock the power you have over your finances and tackle the hidden meanings you attach to money.
Why do you spend more than you have?
Why do you feel guilty when you spend money on yourself?
Why do you save and spend differently than other people?
It all comes down to your personal financial narrative and the steps you can take to build a stronger future and land on a lasting legacy.
So, what’s your money narrative?
Featured Reviews
I was expecting another run of the mill finance book.
This book is NOT That.
I was surprised to see that there are stories about average people trying to make it through life.
I loved how the author had the stories, then asked what the person's money narrative was and then explained in some detail about their situation and what they should be aware of.
At the end of every chapter she had the DO's and Don'ts and further reflections.
I thought that this was a pretty basic book. I liked the structure, I just wanted more. I felt like I had barely scraped the surface of what could have been included.
I can't wait to see what else the author has in store.
This is NOT your typical book on “budgeting tips”. It guides you through your own specific financial story, no matter what that may be or what stage of life you may be in. Rather than feeling embarrassed of your financial struggles, it shows that so many others are having the same struggles and offers the most realistic way to take ownership of your own financial security.
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