Emotional & Psychological Impact
Financial Stress that can lead to trauma responses; individual avoid money decisions altogether
Financial Freeze
They often equate financial success with owning this
What is a Home
Link self worth to net worth
What is Money Worship
Controlling Someones Access to money, financial decisions and/or accounts
What is Financial Abuse
Naming the experience that shaped your relationship with money
What is identifying your money memories
Financial trauma can trigger mental condition, especially when linked to housing insecurity or job loss
What is anxiety or PTSD
What is retirement plan
What is a pension
I shouldn't talk about money
Money Avoidance
Survivors Might feel psychological affect where they do not trust other or themselves making money decisions
Visual tool maps out your financial journey, showing events, turning point and lessons
What is a money timeline
Some families believe this myth, which discourages saving or planning for the future.
What is we will never have enough; why even try
Big Investors in this stock based savings
What is 401(k)
If I just had more money, my problems would go away
Money Worship
Deceptive Acts such as forging checks and/or misusing someone Elses credit
What is financial manipulation?
Rewrite beliefs about money
What is money affirmations
Only Path to financial success
What is college and/or get job
They receive this type of payment with wages
What is a paper check
Secret savings and reluctant to share financial information
What is money vigilance
Cyle of poverty, limited access, and financial stress repeat across generations
Intergenerational poverty
Identify your personal values around money and security
What are financial priorities
Government program was key part of their retirement.
What is Social Security
The discriminatory practice denied loans to community of color
What is Redlining
Financial Stable but still do not believe have enough
scarcity mindset
Type of loan that produces a cycle of debt
What is a payday loan?
Share Money Lessons across multiple generations
What is legacy dialogue