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284: 5 Steps for Finding Financial Peace of Mind

284: 5 Steps for Finding Financial Peace of Mind

FromThe Simple Sophisticate - Intelligent Living Paired with Signature Style


284: 5 Steps for Finding Financial Peace of Mind

FromThe Simple Sophisticate - Intelligent Living Paired with Signature Style

ratings:
Length:
29 minutes
Released:
Jun 15, 2020
Format:
Podcast episode

Description

"Being in touch with [the essence] of ourselves as we make financial decisions is as good as it gets. Money is a store of life energy, and when we can channel that life energy into an expression of what is most dear to our soul, an exciting alignment takes place between our financial and spiritual lives . . . more than just having enough, our essence is deeply loving, contented, and grateful, not from any effort but as its most natural expression . . . In fact, when we are identified with that part of us that already has enough, that has arrived, that feels efficiency rather than scarcity, impulses of love and generosity arise naturally and without effort." —Brent Kessel, author of It's Not About the Money Money can seem to be the fix for everything or the curse, but it need not be either, and can be in our control, largely when we shift how we approach our view and role of money in our life. Today I would like to share with you key insights I discovered after reading Brent Kessel's book It's Not About the Money in which he dives into the unconscious emotional psychological nature money plays in our lives and how and why we make the decisions we make - for better or worse. 1.Understand how your emotions are related to your relationship with money What is your Core Story when it comes to your relationship with money? When you understand this inner dialogue that is unconsciously being told and accepted, thus guiding your decisions when it comes to what you believe will make you happy, you begin to take control of your relationship with money and improve the quality of your life. Why? Because you are now living consciously, and your decision making improves as it aligns with your true essence as Brent Kessel describes - your true self, what will make you feel truly content, outside of what society has impressed upon you. Below are a couple of the questions to begin asking yourself to get to the truth of what your Core Story actually is: What is your most painful memory related to money? When have you been most positively and negatively moved by money? What were you taught was most important about money? What is your biggest fear about money? While we need to live in the present to live well, understanding the past events of our lives and how they have scripted our thinking about money is vital. The Core Story is accepted Kessel writes because "whatever the content, with the unconscious hope that if we follow it, we'll be protected from feeling difficult or painful emotions." Simply understanding what your Core Story is not going to improve your relationship with money. Rather, it is an ongoing job that begins with awareness, but then is followed up with "skill, intention, and perseverance to lessen the hold of our unconscious condition . . . we must keep working to identify and retain the healthiest parts of our story's message - [for example, the good saving habits, the on-time bill paying, etc.] - while at the same time letting go of the extreme and unhealthy behaviors and attitudes it has engendered in us." 2. Do the necessary work within to achieve the outer results you seek "Though outer wealth rarely leads to inner wealth, inner wealth often does lead to outer wealth." Kessel speaks of the Middle Way being the chosen path to take in order to have a healthy relationship with money and our understanding of wealth. In other words, "true freedom lies neither in self-indulgence nor in austere asceticism". When we choose to do the inner work that is necessary, it requires of each of us to use our mind, and think critically, which means that we must think well and not rely on defaults and habits that are unproductive to our goal of cultivating "healthy wealth". I especially appreciated the author's sharing of his conversation with the Dalai Lama when he [the Dalai Lama] responded to the question about a method for happiness for Americans. "When there's too much stress or too much worry, look inward! Read mo
Released:
Jun 15, 2020
Format:
Podcast episode

Titles in the series (100)

The simple sophisticate is someone who prefers quality over quantity, sensible living over mindless consumption, personal style instead of trendy fashions, has an insatiable curiosity for life’s endless questions and a desire to live a truly fulfilling life rather than being led around by the nose. Inspired by her lifestyle blog The Simply Luxurious Life, Shannon Ables (the original Simple Sophisticate) shares with listeners tips on how to live a refined life on an everyday income. From achieving your goals, preparing a memorable meal, creating a capsule wardrobe, traveling the world (Francophiles tune in as Paris is a favorite destination), and living life to the fullest without breaking the bank, living well is really quite simple.