What are the hidden meanings of your money?

Let's examine your unquestioned assumptions about money and its role in your life. 

1. Where unconscious biases about money come from.
2. That money has a different hidden meaning for each of us.

Women in particular have historically been given messages by society that managing money is 'not for them' – that they should 'leave it to the men'! Even as children, girls in the UK receive less pocket money than boys, and these differences seem to be the result of surprisingly widespread unconscious bias.

During Money Rally: Money Madness (2020), Charlotte Church left us all thinking about the hidden meaning of money when she discussed how many of us see money as 'dirty'. What do you think?

When we talk about 'money', there's often a huge range of other meanings attached that we don't think to say out loud. Those silent meanings reflect our beliefs and, in turn, are reflected in our behaviour. They could include security, power, freedom, love, independence, self-worth…

But we can help set you on the path to uncovering them by examining your thinking. 

We inherit our money attitudes largely from our parents and our surroundings. We then hold onto these attitudes, and they can end up impacting our investment decisions, as well as how we generally behave around money.

Try to find out about your unconscious relationship and attitudes towards money and what it means to you. This is the first step to taking better control of these beliefs and, where needed, change them so that you can be in the driving seat of making money work for what really matters to you rather than being held back by them. 

In our next module You're not alone, we all worry about money, we will go through common apprehensions and concerns regarding money and how to open up about them.