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Saving Advice
Saving Advice
Lifestyle
Riley Schnepf

How to Unlearn Generational Scarcity Without Blowing Your Budget

pile of change, pennies and dimes
Image source: Pexels

If you’ve ever felt guilty for spending money, even when you can afford it, you might be dealing with more than just frugality. You could be carrying a generational scarcity mindset: the deeply rooted belief that money is always about to run out, no matter how much you have.

For many, this mindset doesn’t come from personal experience but from the legacy of parents or grandparents who lived through economic trauma: recessions, layoffs, housing crashes, food insecurity. And even though you may not be living paycheck to paycheck anymore, those inherited fears can still whisper in your ear every time you try to enjoy your money.

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