Money scripts — typically unconscious beliefs about money — are significantly associated with problematic financial behaviors including compulsive buying, hoarding, and financial denial.

Evidence

How Clients’ Money Scripts Predict Their Financial Behaviors (Journal of Financial Planning)

Categorization

• corroborated: 2 independent passages support this claim
• XREF: connects to: Personal financial decisions reflect deeper emotional struggles. — Hamlin Garland Munseys, A Daughter of the Middle Border, 611; Financial habits often reflect deeper emotional struggles, like feelings of betrayal, neglect, or unmet needs. — Is Anger Behind Your Financial Self-Sabotage?; Mental budgeting influences financial behaviors and financial stability, with self-control moderating these relationships. — The Interplay of Mental Budgeting, Self-Control, and Financial Behavior: Implications for Individual Financial Well-Being (+3 more)

Related

• Money scripts are unconscious childhood beliefs about finances that drive adult financial behavior through encoded fear and shame. (similarity 0.88)