What is your money programming?
I had a visit with The Blog Doctor the other day. He said I wasn’t blogging enough — “but, what do I blog about on a daily basis?” I asked him.
“Blog about life and what happens to you everyday” was his reply.
So here goes, Mike…
I had a conversation with my sister last night. She told me she just bought a new Chrysler Pacifica and it got me thinking about our own money programming and how it comes to be.
Now, my sister and I grew up in the same house, had the same parents, but have drastically different money programming. It would never occur to me to go buy a new car because I could afford the payments. In fact, I haven’t had a car payment in 5 years. To that end, I asked her why she decided to get a new car. Her answer was the 8 year old car she had (with 45,000 miles on it) was starting to show it’s age and they were going to have to put some money in it.
I’m not passing judgment at all as to whether or not she should’ve gotten a new car, but I do maintain that we all have a certain amount of programming when it comes to money. Some of us think in terms of the here and now — I’ve got the money here, I’ll spend it now. Some of us think in terms of saving for a later use — save now to spend later. And still others (I lump myself in this category), think of money in terms of what ASSETS it can ACQUIRE so that the flow of money from that asset is continuous.
More than likely, your parents, friends, spouse, teachers, society, etc. have all contributed to your current money program. Examine it, break it down, and see if you are completely in alignment with your current money program. It may be time for a little reprogramming!
