Well+Good Talks: How to Have a Healthy Relationship with Money in 2023

Well+Good Talks: How to Have a Healthy Relationship with Money in 2023

Understanding Where Your Money Attitude Comes From

Many of us develop our attitudes about money early in life, influenced by our families and environments. If money was a taboo topic growing up or if your family struggled financially, you may have internalized fear or scarcity thinking about money.

Recognizing where your current money mindsets stem from can help you start reshaping your relationship with finances.

Letting Go of Guilt and Shame

Feelings like guilt and shame often prevent us from making progress towards financial wellbeing. Self-judgment keeps us stuck in unhealthy cycles.

See if you can approach money matters with more self-compassion, letting go of self-blame. This creates space for positive changes.

Getting Clear on Your Values

Clarifying your personal values allows you to make financial decisions aligned with what matters most. Are aspects like security, freedom, contribution, or growth most important?

Connecting finances to values helps ensure your money fuels a life you feel good about.

Cultivating an Abundance Mindset

Scarcity thinking causes stress and narrow, limiting perspectives about resources.

Try cultivating a mindset focused on abundance – seeing life as full of possibilities and enough for everyone. This outlook breeds more financial ease and optimism.

Surrounding Yourself with Support

Having people to turn to who help you feel safe and heard around money topics makes a big difference. This could be a financial advisor, therapist, community group, or trusted friends.

Don’t underestimate the power of feeling understood as you work to improve your relationship with finances.


Where do money mindsets come from?

Money mindsets often stem from our upbringings and early life experiences with finances, shaped by our families and environments.

How can I let go of money shame?

Practicing self-compassion and releasing self-judgment creates space to improve unhealthy financial patterns.

Why clarify my money values?

Understanding your personal values allows you to make financial decisions that align with what matters most to you.

What is an abundance mindset?

An abundance mindset is about viewing life with a lens of possibility and more than enough resources for everyone, rather than limitation and scarcity.

Who can support my financial wellness?

Trusted people like financial advisors, therapists, community groups, and friends who help you feel safe and understood provide meaningful support.