Can Your Past Change Your Financial Life?

Can Your Past Change Your Financial Life?

Two hands holding up a red clock against a blue background
Malvestida Magazine on Unsplash

History repeats itself. That is, if you forget about the past. I think a big key to unlocking financial success lies in who you are as a person. You need discipline, contentment, motivation, wisdom, and more. Having said that, all the different facets of your character will affect the progress of your financial life. Today, I want to look at one of those facets: Your Past.

Now, I’m not asking you to lay in my psychiatrist chair and look at ink blots. It’s much simpler and clearer than that. If you want your past to help change your financial life, it boils down to one question: What are your financial habits? This question can seem daunting, but it’s simple. Your actions speak louder than words, and they also say a lot about your heart.

What are financial habits?

Your financial habits are formed by not only what you do with your money, but also how you view it. For example, if you view money as a tool, you are going to have a much easier time managing it. On the other hand, if you view all your money as a reward (which some of it should be at times), it’s going to be harder to control it when you can’t enjoy all of it. The way you view money affects how you treat it.

How will my habits change my future?

So here’s the kicker: If you change your habits, you’ll change your future. Look at your past and see the good and bad money routines you have formed. Then, identify the ones that need to be changed and double down on your good habits. If you do this, you will be using your past to change your financial life.

Why should I care?

This is more than just managing your behavior. By looking at your past, you are discovering who you are right now. You are deciding to be a little bit better than who you were yesterday. It’s about becoming the person God has created you to be. As Scripture says:

Guard your heart above all else, for it determines the course of your life.

Proverbs 4:23

Take a look at your heart and ask God to help you make the changes you’ve needed to hit the next level in your finances. You can do this!

What habits have you been changing? Leave a comment or chat with me here.

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