27- Dharma and Being Mindful About Your Money

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.6 • 1.6K Ratings

🗓️ 26 July 2020

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

We were supposed to talk about dividends this week, but decided to talk about the concept of dharma and finding purpose in the things that we enjoy doing. We also discuss the difference between making a promise to yourself and setting goals. Investing starts with making a promise to yourself to do it. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi everybody I'm Phil Towne I'm Phil Towne I'm Danielle Town and welcome to the
0:08.6	Invested Podcast where we discuss what are we discussing mindful money? We are talking about mindful money which is something you started talking about.
0:17.3	Yeah, and I don't think I really actually understood what you were actually talking about when it came to mind mind I understand what I'm talking about I know I'm talking about
0:25.8	rule number one which is don't lose money how is that mindful but what are you
0:32.2	what is mindful anyway?
0:34.8	I think mindful is just being aware, like noticing being aware of what you're doing,
0:39.6	being conscious about what you're doing.
0:42.4	And I think with when it comes to money and investing,
0:45.1	a lot of people like me have no interest in that,
0:48.8	as I've said lots of times.
0:50.6	And you just want to like literally figuratively stick your head in the sand and
0:57.9	literally not do anything about it. And whimper? No, you don't even
1:02.2	whimper because you're not even conscious that you're doing it.
1:04.4	Oh, okay. That's the point of the consciousness. Well, mindful just sounds like granola to me, man.
1:09.5	I know, it's got to be... It's worth that a lot of people use that... Yoga word that nobody likes it because it's so vague.
1:16.0	It's Zen.
1:17.0	It's...
1:18.0	There's nothing wrong with that.
1:19.0	It's just that it's...
1:20.0	Nothing wrong, don't get me wrong.
1:21.0	I'm all into it.
1:22.0	It's just that it's a bit vague, that's all.
	...

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