Money On My Mind

By David Geller   |   February 2, 2015

How often do you think about money? Do you worry about losing your money or not having enough for retirement? How often do you look at your investments or calculate your net worth? Do you worry about paying your bills? Do you use money as a measuring stick for knowing if you’re getting ahead or falling behind?

It’s easy to obsess about money. Easy, but not helpful.

As humans, we can focus our attention on only one thing at a time. When we obsess about money, we diminish our ability to live in the present, to connect with the people around us, or simply to have fun.

Our financial situation doesn’t change very much every day. A well-diversified portfolio doesn’t need daily monitoring. Worrying about our bills doesn’t help get them paid. Using money as a measuring stick just distracts us from what really matters in life.

Turning off our mind’s money chatter is not easy, but it is possible if we take some simple steps. Turn off the financial talking heads. Check your portfolio every month, or better yet, every quarter or even annually. If you are a worrier, set aside ten minutes a day to worry about money and banish those worries for the rest of the day. Cultivate a sense of gratitude for your abundant life blessings.

How can you think less about money?

David Geller

About the Author

CEO David Geller co-founded the firm in 1991 and led the creation of Behavioral Wealth Management. Recognized on numerous prestigious "top financial advisor" lists, David is an in-demand speaker for professional groups and JOYN workshops. His writings have appeared in The New York Times, The Wall Street Journal and The Huffington Post.

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