Mindful Wealth: Cultivating a Balanced Approach to Financial Success
18 October 2024

Mindful Wealth: Cultivating a Balanced Approach to Financial Success

Inspired Money
About

In this episode of the Inspired Money Live Stream Podcast, we discuss how mindfulness can transform the way you approach wealth and financial well-being. Our expert panel includes sustainable investing advocate Marco Vangelisti, financial therapist Amanda Clayman, wealth and wellness coach Leah Davis, and Leisa Peterson, author of The Mindful Millionaire. They share practical insights on how mindful practices can reduce financial stress, improve decision-making, and align finances with personal values.

What is Mindful Wealth?

Mindful wealth focuses on aligning financial decisions with personal values. This episode explores strategies like sustainable investing, mindful spending, and reducing money-related stress. The panel discusses how these practices can boost both financial health and overall well-being. They cover the role of gratitude, generosity, and ethical investing in building a successful financial life.

đź•’ Episode Insights
    Mindful Financial Planning: Amanda Clayman explains how mindfulness in budgeting and spending can lower financial anxiety. This approach helps people make thoughtful choices and reduce stress. Aligning Investments with Values: Marco Vangelisti emphasizes the benefits of sustainable investing. He shares tips for choosing investments that reflect your values and support positive change. Financial Empowerment through Mindfulness: Leah Davis focuses on how mindfulness can help women, especially women of color, gain control over their finances. She highlights the importance of financial literacy and self-awareness. Integrating Gratitude and Generosity: Leisa Peterson explains how gratitude can improve financial well-being. She encourages adopting generous habits, which can bring a sense of fulfillment and reduce anxiety. Building Financial Autonomy: The panel provides strategies for managing debt, building income streams, and avoiding comparisons to others. They discuss the importance of making financial decisions based on personal goals, not external pressures.
Tips for Mindful Budgeting and Spending

Amanda Clayman discusses how to practice mindful budgeting by staying aware of emotional triggers and setting realistic goals. By focusing on intentional spending, people can make choices that support their financial and personal well-being. The panel also shares tips for managing debt mindfully and increasing awareness of spending patterns.

Ethical and ESG Investing

Marco Vangelisti promotes ESG (Environmental, Social, and Governance) investing as a way to earn returns while making a positive impact. He provides guidance on how to integrate ESG factors into investment choices. Leah Davis also explains how beginners can start with sustainable investing that matches their values.

Managing Financial Anxiety

Amanda Clayman shares techniques for reducing financial stress, including the importance of self-compassion. Marco Vangelisti adds that focusing on long-term goals can help reduce the pressure to make quick financial decisions, leading to a healthier relationship with money.

The Role of Gratitude and Generosity in Financial Wellness

Leisa Peterson highlights how gratitude can positively impact financial habits. Leah Davis explains that generosity can create a sense of abundance and help reduce financial worries. Together, these practices can improve your overall financial well-being and bring a deeper sense of satisfaction.

Meet Our Guest Panelists
Marco Vangelisti: A pioneer of Positive and Restorative Investing™, Marco has over two decades of experience in finance, focusing on ethical investing and financial literacy. He is a founding member of Slow Money and an advocate for aligning investments with social responsibility. Visit Marco's Website
 
Amanda Clayman: A respected financial therapist, Amanda helps individuals navigate the intersection of emotions and money. Her work includes hosting the Audible Original podcast “Emotional Investment” and creating financial wellness courses for LinkedIn Learning. Visit Amanda's Website
 
Leah Davis: As a Wealth and Wellness Coach, Leah empowers women, especially women of color, to achieve financial stability through mindfulness and financial education. She combines holistic coaching methods to promote financial independence. Visit Leah's Website
 
Leisa Peterson: Author of The Mindful Millionaire, Leisa is a financial coach who helps individuals connect self-worth with financial success, encouraging mindful approaches to building wealth. Visit Leisa's Website