{"id":47170,"date":"2016-02-25T13:29:24","date_gmt":"2016-02-25T18:29:24","guid":{"rendered":"http:\/\/wanderlust.com\/?p=47170"},"modified":"2016-02-29T11:38:15","modified_gmt":"2016-02-29T16:38:15","slug":"5-ways-to-become-more-mindful-about-money","status":"publish","type":"post","link":"https:\/\/wanderlust.com\/de\/journal\/5-ways-to-become-more-mindful-about-money\/","title":{"rendered":"5 Ways to Become More Mindful About Money"},"content":{"rendered":"<p><em>This piece is from our partners at Sonima. Find more like it <a href=\"http:\/\/www.sonima.com\/?utm_source=wanderlust&amp;utm_medium=syndication&amp;utm_campaign=site\" target=\"_blank\">here<\/a>.<\/em><\/p>\n<hr \/>\n<p>I\u2019m the first to admit it: I love shopping and I tend to live for the moment. I took a quiz recently that tested my financial know-how, and for the question: \u201cWhat would be considered a long-term financial goal?\u201d I chose three to six months; the right answer is more than five years. Most of my spending isn\u2019t exorbitant\u2014thrift store finds, the occasional Zappos splurge, too much eating out\u2014but, over time, it started weighing on my wallet as well as my mind.<\/p>\n<p>The first time my domestic partner suggested putting together a budget, I <a href=\"http:\/\/wanderlust.com\/journal\/7-ways-eradicate-negative-relationship-money\/\" target=\"_blank\">fought back<\/a> tooth and nail. To me, spending by the numbers felt stale, controlling, the diametric opposite of spontaneity and freedom. My worldview basically boils down to \u201cLife is a vacation\u201d\u2014and everyone knows that you don\u2019t watch your spending when you\u2019re on vacation.<\/p>\n<p>Our attitudes and actions <a href=\"http:\/\/yoganonymous.com\/make-money-mindful-the-playful-energy-of-money\" target=\"_blank\">around money<\/a> can be significant indicators of the emotional and spiritual issues we\u2019re grappling with\u2014even, or perhaps particularly, those we haven\u2019t fully acknowledged yet. It\u2019s like a shark fin: If there\u2019s a herd of credit cards cresting the waves, you can be pretty sure there\u2019s something dangerous under the water.<\/p>\n<p>The Kundalini Yoga teacher and entrepreneur <a href=\"http:\/\/www.gurujagat.com\/\" target=\"_blank\">Guru Jagat<\/a>, who has three yoga centers, a record label, a forthcoming book with Harper Collins, and a vision to found spiritual centers around the world, says that money (like sex) is \u201cfinal frontier stuff\u201d\u2014it can be a catalyst for deep investigation of the self. \u201cBusiness has been such a powerful place for me to work with my spiritual maturity, to realize illusion, and exercise bravery,\u201d she says. She teaches that there are ultimately two channels we can choose between: prosperity or poverty.<\/p>\n<p>\u201cWe bring our histories with us when we deal with money,\u201d says <a href=\"http:\/\/www.moneyandempowerment.com\/\" target=\"_blank\">Judith Gruber<\/a>, a licensed clinical social worker, psychotherapist, and life, business, and career coach, who specializes in helping people develop a healthy and balanced approach to money. \u201cIt reveals how we feel about ourselves, what we believe, and how we value ourselves.\u201d For example, if you have a hard time buying things for yourself, you might be neglecting your <a href=\"http:\/\/wanderlust.com\/journal\/the-magic-of-loving-yourself-first\/\" target=\"_blank\">self-care<\/a> in other ways as well.<\/p>\n<p>If you\u2019re ready to <a href=\"http:\/\/www.sonima.com\/videos\/releasing-unhealthy-patterns\/?utm_source=wanderlust&amp;utm_medium=syndication&amp;utm_campaign=site\" target=\"_blank\">shed light<\/a> on your financial life\u2014and you\u2019re looking for something more than recommendations for user-friendly budget software\u2014here are five ways to begin forging a more conscious relationship with money and with yourself.<\/p>\n<p><strong>1. Identify what kind of spender you are, and how you got that way.<\/strong><br \/>\nBefore you can change your behavior around money, you need to examine the feelings and beliefs that underlie that behavior. Gruber suggests writing a \u201cmoney autobiography\u201d that traces what you were taught about money as a child and the emotions that come up for you around wanting, getting, and spending. Her concept of the \u201cMoneyMask\u2122\u201d theorizes that the way we spend reflects the emotional wounds we received early in life. We might overspend to impress others and feel powerful, or we might <a href=\"http:\/\/yoganonymous.com\/the-goddess-guide-to-letting-go-of-scarcity-issues\" target=\"_blank\">hang on tight<\/a> to what we\u2019ve got because we\u2019ve never felt fully satiated and cared for. Money coach and psychotherapist Olivia Mellan, author with Sherry Christie of <em>Money Harmony: A Road Map for Individuals and Couples<\/em>, has identified six major money personality types: the Hoarder, the Spender, the Money Monk, the Avoider, the Amasser, and the Money Worrier.<\/p>\n<p><strong>2. Be aware of when and why you\u2019re spending money for purely emotional reasons.<\/strong><br \/>\nRetail therapy isn\u2019t necessarily a bad thing, but it\u2019s important to recognize and acknowledge it, says Guru Jagat. \u201cYou always have to ask yourself, what are you trying to fill up?\u201d she says. \u201cHow quickly do you feel empty again after consuming? There\u2019s no shame in it\u2014just be aware of it. I\u2019m always very aware of when I\u2019m doing retail therapy because I need to blow off <a href=\"http:\/\/wanderlust.com\/journal\/aparigraha-learning-to-let-go\/\" target=\"_blank\">some steam<\/a>, and I give myself a budget.\u201d (She also makes a point of doing her retail therapy locally to support fellow entrepreneurs). To help identify patterns and habits, Gruber suggests keeping a financial journal to track your day-to-day actions and reactions around money. Don\u2019t judge yourself, she stresses\u2014simply observe.<\/p>\n<p><strong>3. Use a budget as a tool to cultivate balance, gratitude, and healthy boundaries.<\/strong><br \/>\nCrafting a budget can be \u201cexpansive rather than constrictive,\u201d Gruber says. See the glass as <a href=\"http:\/\/yoganonymous.com\/monday-morning-mantra-keep-a-sense-of-wonder-through-gratitude\" target=\"_blank\">half full<\/a>\u2014instead of focusing on what you can\u2019t afford, look at everything your money is doing for you. Just as kids are said to crave boundaries, &#8222;Spender&#8220; types like me function better with clear delineations around what\u2019s acceptable. As my partner kept pushing for a budget, and as college tuition for our daughter loomed closer, I eventually caved. At first, when we sat down at our respective devices to measure our income and outflow each month and categorize where it was all going, it felt like a tiny torture. But, gradually, I began to take some satisfaction in seeing how closely we could make the reality match the pie-chart wedges on the screen. And\u2014coincidental or no?\u2014we collectively began earning more and spending less.<\/p>\n<p><strong>4. Know that you can pursue the spiritual without renouncing the material.<\/strong><br \/>\nThe stereotype of the ascetic with a beggar\u2019s bowl is not applicable or desirable for most contemporary Americans, says Guru Jagat. \u201cWe\u2019re still working with these polarities\u2014people think they have to be poor and <a href=\"http:\/\/wanderlust.com\/journal\/brahmacharya-the-divine-nature-of-desire\/\" target=\"_blank\">give away<\/a> all their possessions to be spiritual,\u201d she said. Her teacher, Yogi Bhajan, who is credited with bringing <a href=\"http:\/\/yoganonymous.com\/what-is-kundalini-yoga\" target=\"_blank\">Kundalini Yoga<\/a> to the West, taught that financial health reflects the state of one\u2019s relationship with the external world; the definition of true prosperity, he said, was the ability to support 25 families. \u201cHe was very clear that we are not sadhus,\u201d Guru Jagat said. \u201cKundalini is a householder\u2019s science. He came to America with 35 cents in his pocket and he was a multimillionaire when he died.\u201d (Yogi Tea and Peace Cereal are among the products produced by the 17 businesses he helped create). On a psychological level, Gruber posits that people who wear the \u201cSpiritual MoneyMask\u2122\u201d are using a disdain for wealth as a cover for their unwillingness to face deeper issues around money.<\/p>\n<p><strong>5. Fill the hole with something else.<\/strong><br \/>\nWhether we\u2019re hoarding it or spending it, an unbalanced relationship with money is typically a way to fill what Guru Jagat refers to as the \u201cgaping maw\u201d inside us. Experiment with other approaches to finding meaning and pleasure in life: meditation, yoga, service, creativity, time in nature. Guru Jagat\u2019s Kundalini-based \u201cyogic prosperity technology\u201d focuses on training the mind and the nervous system \u201cto look for grounded experiences throughout the day, so the comings and goings and ups and downs don\u2019t shake you as much.\u201d She says: \u201cMore and more people are realizing that no amount of money or success will make life better unless you have your mind dialed into experiencing it in a proper way. If you compass your life to serve something bigger than your own personal neuroses and limitations, to be of service or to create or whatever [is right for you], that in itself is the greatest step toward prosperity.\u201d<\/p>\n<p><em>This story was originally published on Sonima by <a href=\"http:\/\/www.sonima.com\/author\/tresca-weinstein\/?utm_source=wanderlust&amp;utm_medium=syndication&amp;utm_campaign=site\" target=\"_blank\">Tresca Weinstein<\/a><\/em><\/p>\n<p>\u2014<\/p>\n<p><em>This story was originally published on Sonima.com. If you enjoyed this story, check out these other articles:<\/em><\/p>\n<p><a href=\"http:\/\/www.sonima.com\/meditation\/intention\/?utm_source=wanderlust&amp;utm_medium=syndication&amp;utm_campaign=site\" target=\"_blank\">How to Tap the Power of Intention This Year<\/a><br \/>\n<a href=\"http:\/\/www.sonima.com\/meditation\/how-to-practice-mindfulness\/?utm_source=wanderlust&amp;utm_medium=syndication&amp;utm_campaign=site\" target=\"_blank\">What Does It Really Mean to Live Mindfully?<br \/>\n<\/a><a href=\"http:\/\/www.sonima.com\/yoga\/why-practice-yoga\/?utm_source=wanderlust&amp;utm_medium=syndication&amp;utm_campaign=site\" target=\"_blank\">Why Practice Yoga? The Many Ways It Changes Us<\/a><\/p>\n<p><a href=\"http:\/\/live-wanderlust-fest.pantheonsite.io\/wp-content\/uploads\/2015\/07\/sonima-logo.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-28916 size-thumbnail\" src=\"http:\/\/live-wanderlust-fest.pantheonsite.io\/wp-content\/uploads\/2015\/07\/sonima-logo-150x150.jpg\" alt=\"sonima-logo\" width=\"150\" height=\"150\" \/><\/a><em><a href=\"http:\/\/sonima.com\/?utm_source=wanderlust&amp;utm_medium=syndication&amp;utm_campaign=site?utm_source=wanderlust&amp;utm_medium=syndication&amp;utm_campaign=site?utm_source=wanderlust&amp;utm_medium=syndication&amp;utm_campaign=site\" target=\"_blank\">Sonima.com<\/a>\u00a0is a new wellness website dedicated to helping people improve their lives through yoga, workouts, guided meditations, healthy recipes, pain prevention techniques, and life advice. Our balanced approach to wellness integrates traditional wisdom and modern insights to support vibrant and meaningful living.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our feelings about money can reveal deeper emotional and spiritual tendencies. <\/p>\n","protected":false},"author":1622,"featured_media":47249,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1057],"tags":[1854,182,260],"class_list":["post-47170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wisdom","tag-emotional","tag-kundalini","tag-money"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.0 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Five Ways to Become More Mindful About Money<\/title>\n<meta name=\"description\" content=\"Our feelings about money can reveal 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