The Art of Feminine Financial Finesse
Kimberly Wilson, author of the new book Tranqulista: Mastering The Art of Enlightened Work and Mindful Play, talks with us about how you can take control of your finances and use your money to support a greater good.
Here are her 3 tips for Livin' La Vida Tranquilista for women wishing to establish a mindful money management:
1. Dig deep into your financial Feelings. A great use of our feminine is participating in girl chats so why not invite your friends over who can bond with you over this financial freedom questionnaire... Ask yourself some questions to uncover some of the emotions behind your relationship to money.
Tranquil Tip: Ponder how getting clear on your finances would make your life more tranquil.
2. Curb Retail Therapy Debt and Impulse Buying.
I know its tough for the modern girl to maintain financial balance with so many temptations, but this is where your tapas and brahmacharya (one of the 8 limbs of yoga that means self control) will come in handy. Maybe you will find yourself blowing your annual clothing budget during the post holiday sales in January, or you're a bibliophile who cant say no to the latest Oprah book-club selection. Sure, buying a home or investing in your education will set you back numerous years, but they're more important than leopard print stole with pink satin ribbons. Keep in mind the concept of short term delayed gratification for long term benefit.
Tranquil Tip: Stretch your dollars by shopping at discount stores, buying bulk classes at the yoga studio, and joining girlfriends for drinks and dessert instead of dinner.
3. Create Financial Fantasies. Every good financial fantasy has 3 key parts... ENVISION, DEFINE, & GET SUPPORT.
Tranquil Tip: Donate anonymously to a charity or person in deed without looking for any tax benefit or even gratitude. Think secret Valentine meets good cause. Do it because it feels good. Let this be part of your spiritual practice of giving back.