Are we making God in our own image?

Does our picture of God shape who we are, or do we select our picture of God that matches our desires and likes? And if it is the second does that mean we are making God into our own image? After all our life experiences shape how we see the world and how we interpret it, a good example of this is the change in how we see things now to how we saw them 10 years ago. As such does this limit of experience limit how much of God we understand or what aspects of God we understand?