I’ve made tons of financial mistakes, even as a money coach and personal finance author.
One big money mistake I made, was not listening to my financial adviser when she tried to get me to move into real estate investing and start creating passive income 4 years ago.
I held onto that mistake for years and spent years beating myself up for not listening to her, until I realized it was affecting my relationship with money.
When we hold on to a financial mistake and we keep thinking about what we should have done better or we keep replaying how badly we screwed up, we teach our mind to focus on that mistake and we keep the energy of that mistake alive and store those memories in our bodies.
The longer we keep that energy alive, the more we berate ourselves, blame ourselves and victimize ourselves, the more we start to doubt ourselves with money, which impacts the way we behave with money in the future,
If left unresolved and unhealed, this doubt and victimization can also be passed down from generation to generation.