Money Script Categories: Money Avoidance

Money scripts are beliefs we have acquired about money and how it works. We are usually unaware of these beliefs, in part because we see them as facts—"just the way it is." We typically hold 50 to...

How Healthy Life Habits Can Save You Money

Is maintaining good physical health a worthwhile investment? The statistics suggest that in the long run, poor health will cost far more than the money or time it takes to maintain good health. Most...

Eight Aspects of Financial Trauma

In a recent column, I discussed financial trauma—money-related occurrences that, either as single extreme events or chronic patterns, can overwhelm a person and become traumatic. Some emotional...

Leaving Money Wisely To A Spendthrift Heir

A common estate-planning question is whether it makes sense to leave inheritances with strings attached. My typical answer is "it depends." It's natural to want your legacy to be used wisely, but...

Recovery From Financial Trauma

When you hear the word "trauma," what comes to mind? The death of a loved one, severe injury or illness, a natural disaster, physical or sexual abuse, wartime combat? These are the things that I...

The Financial Freedom of Owning Less

"Money is freedom." This popular money script contains considerable truth. Having money can provide a lot of options and flexibility that are not possible without money. However, since all money...