Shame interferes with a person’s ability to manage their finances successfully. Financial responsibility is not necessarily a function of how much money a person makes. Financial responsibility is based on a person’s attitude about money. Financial responsibility consists of effective and efficient use of resources. The manner in which shame effects finances may not be as obvious as it is in other areas of a person’s life. Shame-based people doubt that they can be financially responsible. They usually don’t believe they deserve success financially. Many times a shame-based person does not have enough money because they are underemployed. Why are they underemployed? Because they don’t believe they can get or deserve a better paying job. Shame-based people usually reject discipline. Therefore, it is hard for them to follow a budget. Saving on a regular basis can be nearly impossible for shame-based people. The same thing goes for investment. Delayed gratification is not a strong characteristic of a shame-based person. If you buy to feel good or to make up for a loss, then you are probably spending out of your shame. Your performance based blueprint tells you to spend more and more. It tells you to buy bigger and bigger.
Learn more by reading January 2012 Love in Action Newsletter @ Newsletter Archives
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