Latest / Success Story with Scott Clary / Lessons - What Is Money Trauma? | Ken Honda - Japan's #1 Money Psychology Expert
Transcript
- 0:00In this lessons episode, discover how deep-seated money trauma from childhood shapes financial
- 0:04decisions and limits potential. Learn why healing these early wounds is essential for personal
- 0:09and professional growth and understand how forgiveness and compassion at reflection can transform
- 0:13your relationship with money.
- 0:16You're known as one of the names you go by is the Zen millionaire. Zen is obviously very important
- 0:35to you and very meaningful in this whole framework of asking these thoughtful questions that require
- 0:42you to think deeper and go be at the go below the surface. If you would help somebody understand
- 0:49maybe why Zen is important but more than Zen, the concept of asking questions to help you look
- 0:57at the world in a different way and maybe a better way, explain that and help people understand
- 1:04the questions they should be asking themselves that could unlock a different view towards money,
- 1:10towards wealth, towards success, even like an exercise somebody could do right now that is in a
- 1:16really dark place. Right, so you know every once in a while we fall into this dark place that
- 1:23nothing works and then people's around us seem to be very cold or indifferent or sometimes mean.
- 1:31It's because our world or in a world is made of anger, resentment and frustration and that
- 1:39will be protected out. So when you are having a hard time or just struggling, you have to breathe in
- 1:47deep and then relax and you can have a different life. But in order to do that you have to
- 1:55take a look at your life in a totally different way. The reason why you have financial issues for
- 2:02example is that you're making too little and spending too much and you're in the wrong place.
- 2:09But if you just find your own reserved seat which means that if you find a good environment
- 2:19to lift you up, you will do well. You happen to be in a bad place at the bad timing.
- 2:26So you have to find who you are and what you're good at and if you do more of what you're good at,
- 2:33you get promoted, you get paid well and you get moved to a place where people respect you,
- 2:40love you and appreciate you. So you have to find the right place for you. It takes time,
- 2:48sometimes it takes a few years but it's okay because life is a fun trip or process to find
- 2:59your best place, find your best partner, find your best friends and you can surround them with the
- 3:07people that you care about. So it doesn't really matter where you're stopped. Entrance is not the
- 3:15most important place. Exit is very important. Where you end up is more important because it doesn't
- 3:23really matter if you're just a junior high school dropout or Harvard graduate school graduate
- 3:34because what you end up doing it means a lot more so for example you can give instead of what you
- 3:43have done or you're having done. I love that. That's very important. That's so, so important and
- 3:50you speak actually about you go a step further in terms of what we believe is true and
- 3:59and how we look at the world when you go back to childhood and you speak about money trauma because
- 4:05you speak about the perception of money and how basically it's scarred us and like the money wounds
- 4:11that we have as a child. So we have these money wounds as a child and I would love for you to
- 4:16explain that but then we also have the school we went to, the friends we have, the degree that we
- 4:22did or didn't get. We have all these things that impact how we see the world and so many people
- 4:29have this hard time breaking out of I would say you know after 25 years old our view of the world
- 4:36for most people doesn't change too too much that's what's the sad thing about it. They just
- 4:41all these learned experiences make them see the world a certain way and some people do the work
- 4:47and try and sort of break out of this shell that their parents have molded them into and that
- 4:51you know school high school and university and college have molded them into but a lot of people
- 4:56don't and I think that that's what actually hurts a significant amount of people and it really
- 5:01inhibits their potential but this is besides the point I want to go back to money wounds,
- 5:07money trauma because the rest of what I'm talking about is really just like your experience
- 5:13professionally and academically that impacts how you perceive yourself but what is this money trauma
- 5:17that I've never heard of this before but I'm really excited to understand like what it means
- 5:21for the jobs I take on the the the the risks in terms of investment the things that I spend money
- 5:29on the the companies I want to start so how does this play into it. So I remember whatever I hear
- 5:37word birthday present I remember my seventh year birthday you know I think I was thinking I'm
- 5:46already an adult so I wanted to have a mountain bike you know it's a very expensive you know
- 5:53very stylish one and I thought it's cool you know I'm grown up enough and my parents said
- 6:00that's too expensive and I was so hurt you know I I'm not worth it you know that he then meant
- 6:09that you're too early for that and they're they're they're right because I cut my forehead here
- 6:18and here because of the bike accident afterwards after my parents parents sometimes know best
- 6:24but I know but at the time I feel like I'm on worthy of this expensive gift you know I'm a cheap
- 6:31boy is what I what I what I thought and then I was denied a few times later on when I was 14 15
- 6:40there was this homestay program to LA Los Angeles or a mayor born in in Australia I wanted to
- 6:49learn English but by then my father was a heavy alcoholic so I talked to my mother and she said
- 6:59okay when you when your father is a good mood is in the good mood talk about your homestay
- 7:06uh and I sighed because in my home that means never in home my mother my father is never in the good mood
- 7:13so that means I forget it right so I just had to brochure ready when I find my father is even
- 7:20in a little bit better mood and when he's in good mood I was going to and then pitch my
- 7:28homestay program for him but he never happened because if I did my father get gets angry
- 7:35at me or my mom and he could get obviously right so I still remember on the day that the
- 7:41airplane goes somewhere my friends are going to either LA or Australia and I was like oh my god you
- 7:51know I'm I never felt jealousy for uh for anything like I was so jealousy I was I was going to die
- 7:59I was going to burn in my jealousy and by the way last year uh after 40 years I landed in the
- 8:07soil of Australia and I almost cried because my dreams of 40 years you know of course I could go
- 8:15but I my trauma like oh whenever I heard Australia you know my heart ached so um every one of us
- 8:25had some kind of funny trauma sometime big like your parents are divorced because of money
- 8:33and you're heavily scolded or I know a person who was kidnapped for money you know so a lot
- 8:42of money related trauma happened in our childhood and unless we feel the side effect after effect
- 8:50of that is when we want to buy something this uh uh deep voice saying you're too cheap you know
- 9:00this is too expensive for you when you want to start your own business no no you can't make it
- 9:05because you you didn't you didn't deserve uh ballet lesson or soccer lesson or nice summer camp
- 9:13why such a failure can't study business as a succeed so subconsciously all these traumas
- 9:21just taught you and limit you and I've struggled with that because later on I wanted to study
- 9:28English and do something internationally but it took me almost um 40 years since I started
- 9:36thinking about that so uh unless you heal your money money trauma or money scars you know we limit
- 9:46we tend to limit those self in a small box you have tips on where people can even begin
- 9:54to start healing because that's some deep rooted stuff that's going back
- 10:00a very very long ways right right so you don't need to meet uh see uh see your your therapist
- 10:06and it's it's very simple if you're willing to do it you know it you may in your imagination go
- 10:12back to your living room like 30 years ago 40 years ago and just look at your parents in your own
- 10:19eyes adult eyes and then your parents are maybe younger than you are now you know
- 10:26during their 20s or early 30s right so um you can see your parents kind of like puzzled
- 10:33uh we don't have the money you know so to send uh send the kid a child to express
- 10:39if summer school or ballet lessons or uh you know Disneyland or whatever and then uh you can see
- 10:50they're they're as they're so confused and they feel so shameful so instead of just
- 10:56confronting their shame and uh anxiety around money they turn it on to their kids and they
- 11:02made their little one a bad guy so like you're too expensive you know what do you think we
- 11:09we are made up you know we're in a matter uh money you know stuff like that or even even in a very
- 11:14upsetting tone so you can see uh 70 year old a 10 year old boy or girl girl saw her because of
- 11:23the comment that your young parent made so you can say you can go to close to your um your boy or
- 11:32girl and say it's okay okay you know right it's not your fault it's just your parents didn't have
- 11:38money so um so that's why they cannot afford it but if they have if they have the money
- 11:46they'll of course they'll be happy to give it to you so it's not your fault and they just hug
- 11:53your uh you know a child uh your self many years ago and then be with the boy be with a girl
- 12:03and then just give a blessing to the young parent because they they didn't know much about money
- 12:11they were as confused you know they're young they maybe came a little smarter but they didn't know much
- 12:20so uh do you want to blame them you know for it for being ignorant and if you have compassion and
- 12:26love for them you can send love to your parents as well so by looking at your young parents as
- 12:33innocent uh ignorant people and you accept them as who they are and if you can forgive them
- 12:41just give them your blessing and by doing that you realize okay nothing wrong with me
- 12:49that I can start my own business I can just invest in new things I can get married in
- 12:55or nothing stops me uh at least at least money doesn't stop me thanks for tuning in if you found
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- 13:11episode see you in the next one