Healthy Beginnings

Are Your Hidden Beliefs About Money Sabotaging You?

300-moneyby June Milligan, M.Ed., CCHt |

It is so important to become aware of our financial mental programming, those beliefs around money, which may be subconscious, but keep surfacing in our lives in dysfunctional ways.

What are your beliefs about money? It‘s vital to become consciously aware of them, because until we do, they can sabotage us and paralyze our dreams and goals. Most mental programs were laid down in childhood, and if repeated often became a part of our belief systems, whether they made any sense or not. If those ideas were dysfunctional, we will re-create them unconsciously in self-defeating scenarios throughout our lives.

Today, more than ever, there is a need for inner work focused directly on financial therapy, in order to reduce financial stress and improve financial health. A financial counselor will give lists of things to improve. Unfortunately, they are not trained to address hidden money beliefs.

Money beliefs may be sabotaging our best intentions around finances. Most people are not aware of their “mental tapes,” they live their lives in a significant amount of worry caused by frustration of consciously wanting to be responsible. The situation becomes worse if your spouse has different money programming than you. In fact 72% of Americans report that money is their number one stressor, ahead of work, children or health, becoming the most common cause of family disagreements.

Money beliefs are generational, and beliefs drive our behaviors. If your spouse internalized the belief “one has to work hard for money” and “it is not easy to come by”, and you have the programming “money is to be spent, not saved”…there will be considerable conflict in your family.

Write down your thoughts or statements about topics on the rich versus the poor, marriage, work, relatives, happiness, borrowing, saving, love, budgets, employers, etc. Then circle the five statements that trigger the strongest feelings. Then determine why you believe and feel that way and whether or not those beliefs are serving you. These processes bring awareness to what is hidden. It is satisfying to finally have an “ah ha” moment and understand why you think and do certain things. This is the first step to making a change. The second step is to obtain knowledge that encourages financial responsibility, and third is to be willing to change.

The term “retail therapy” is well known and joked about. We engage in retail therapy (buying things we can’t afford or don’t need) when we’re sad, stressed, angry or unhappy. Using instant gratification to temporarily feel better is unconsciously learned behavior from childhood.

In these unsure times it’s imperative to become conscious of dysfunctional childhood programming around money. One should stay abreast to help your own family feel secure and to function happily.

Is it time to understand your behavior regarding money? Yes, now is the time to address subconscious programming and the core reasons surrounding money issues and therefore receive much needed emotional and financial relief.

If you want to change your life around finances, here are some resources:

  • Work with a trained hypnotherapist to receive a financial therapy session and change core beliefs around money issues.
  • Work with a financial planner to organize your current finances and create future strategies.
  • Work with a life coach.


  1. Wealth Beyond Reason by Bob Dole; Trafford Publishing (2006)
  2. A Happy Pocket Full of Money by David Cameron Gikandi; Xlibris Corporation (2008)

For more info, contact June Milligan, specializing in helping people learn how to let go of unproductive thinking (775) 786-9111.