Do You Love Your Yoga Practice? You Can Apply it to Your Finances
Do you do yoga? Do you love yoga? I do. My yoga practices goes back 20 years (because, evidently, I’m Old), and I don’t know what I’d do without it. Over those years, I’ve accepted a lot of the lessons that yoga tries to teach you.
And recently, musing over how to most effectively communicate with clients about their finances, how to help them actually make changes to their finances, it has dawned on me just how many parallels there are between a good yoga practice and good personal financial planning.
You Really Really Want to do [Fill in Your Thing Here]. Are You Simply Waiting for Permission?
Do you have a Big Idea for your life? Quit your job and start your own business! Take a sabbatical! Buy an expensive home! Go back to school! And is it So Big that it’s Too Scary to contemplate doing on your own? One of my favorite things to do with my clients is to say “Yes, you can.” Are you simply waiting for someone to give you permission?
Taking Action: Focusing on Your Circle of Influence
by Matthew Broom, Forward Focus Financial Planning, LLC
When playing poker the only thing completely in your control is your decisions. The decisions you make are based upon imperfect information, but focusing on the probability of your hand being a winner is your best bet. The cards on the table are the environment that we all get to make choices in. The cards you’ve been dealt can change that environment. Focusing on how you play the cards is within your circle of influence. Almost everything else at the table falls into the circle of concern.
Your Gratitude Adjustment: Rituals to be More Grateful in Your Life
Practicing gratefulness and gratitude are much easier said than done. Learn some rituals to help you embrace these practices better in your everyday life!
For more on understanding your money mindset, be sure to check out Good Financial Reads: Behavioral Finance.
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