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502 - The Role of Mindfulness in Finances

Tiny Leaps, Big Changes
Tiny Leaps, Big Changes
Episode • Mar 3, 2020 • 11m

In this episode, we look at the role that mindfulness plays in our personal finances. 

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"Mindfulness and healthy finances create a virtuous cycle, where 1) mindfulness improves your finances, and 2) improved finances gives you more freedom to pursue a more mindful, compassionate, and fulfilling life."

  • Being mindful with your finances allows you to improve your finances
  • Improving your finances gives you freedom to be more mindful

Definition of Mindfulness: The quality or state of being conscious or aware of something

Questions to Ask Yourself:

  • How much do you spend
  • How much do you make
  • When are your bills due
  • How much debt do you have
  • What is that debt costing you monthly?
  • What is your APR?
  • What is your plan?

Resources:

https://www.mindfullyinvesting.com/ride-the-virtuous-cycle-of-mindful-personal-finances/

Tiny Leaps, Big Changes • 502 - The Role of Mindfulness in Finances • Listen on Fountain