- Paperback: 304 pages
- Publisher: New World Library (February 10, 2017)
- Language: English
- ISBN-10: 1608684369
- ISBN-13: 978-1608684366
- Product Dimensions: 5.4 x 0.7 x 8.4 inches
- Shipping Weight: 12.8 ounces (View shipping rates and policies)
- Average Customer Review: 13 customer reviews
- Amazon Best Sellers Rank: #132,565 in Books (See Top 100 in Books)
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Mindful Money: Simple Practices for Reaching Your Financial Goals and Increasing Your Happiness Dividend Paperback – February 10, 2017
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“DeYoe pierces common money illusions and focuses readers on the elements that underpin true happiness.”
― Tadas Viskanta, founder and editor of Abnormal Returns
“Mindful Money, a book grounded in a belief system that is deeply compatible with my own spirit, teaches the lessons I have been waiting for.”
― from the foreword by Alice Walker, Pulitzer Prize-winning author of The Color Purple
“Mindful Money provides a commonsense and inspirational framework that serves as a road map to happiness and offers a thoughtful reassessment of how money is just a tool, not the destination.”
― Burt White, managing director and chief investment officer of LPL Financial
“If there were a smarter and better way to manage your money and your life, you’d want to know right away. So open this book and start reading.”
― Bob Seawright, chief investment officer of Madison Avenue Securities and blogger, Above the Market
“Teaches you to put wealth-building ideas into action. . . . If you read one money book this year, let it be Mindful Money.”
― Barbara A. Friedberg, MBA, MS, expert investor and author of Invest and Beat the Pros
“[DeYoe’s] advice is solid, his delivery is assured, and his claim of discovering the key to happiness is surprisingly plausible.”
― Publishers Weekly
About the Author
Jonathan K. DeYoe, CPWA, AIF, is a California-based financial adviser with twenty years’ experience and a longtime Buddhist. In 2001 he founded DeYoe Wealth Management, which works with families and institutions. He lives in Berkeley, California.
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Monastics have simple rules for money, and if you read about lay people in Buddhist texts, you're reminded that merchants are evil cheats and money is a dead end path. So lay people are left wondering how money plays into their spiritual lives, which leads to perhaps not handling it properly or dealing with a literal embarrassment of riches. One of my favorite Buddhist texts puts it like this:
In the beginning wealth makes you happy and envied;
But however much you have, it never seems enough.
In the middle miserliness tightens its knots around you:
You can't bear to spend it on offerings or charity.
Your wealth attracts enemies and negative forces,
In the end, wealth's a demon that puts your life in danger.
How frustrating to just look after wealth for your enemies!
I've cast off this millstone, which drags us down into samsara.
I want no more of this devil's lure.
-Jetsun Milarepa from Words of My Perfect Teacher: A Complete Translation of a Classic Introduction to Tibetan Buddhism (Sacred Literature)
Mindful Money takes on personal money management for the spiritually minded with a light touch. It dispels the money illusion we live with, taught by the pundits and money gurus. It simplifies strategies and goals, asking the reader to define their money priorities and accepting the limitations of work and savings. It asks you to define meaning through relationships, generosity and gratitude and work towards those well defined goals, rather than frittering away money on illusory bobbles that don't bing us happiness or fulfill our goals. It takes a middle path.
Mindful Money throws light into the dark spaces of the mind reserved for our uncomfortable relationship with work, money and our materialistic needs, warranted or not. In Buddhist terms, it would be a "path text," describing how fortunate we are to have come to this point, how left to our own devices we're often mired in illusion, and finally, providing a way out towards well intended financial goal. Mindful Money isn't truly a religious or spiritual text, but it's certainly compatible with those who would rather be reading one.
Ugh. Budget. Ugh. Planning. Ugh. Saving. I suspected I was not cut out for this. But then, he turns things around. Let's put money in perspective. No sense being rich if you are too sick to enjoy it! He spends as much time on the "pillars of happiness" as he does on working your spreadsheets. The first pillar is health. I knew it! Then engagement, being involved. The third is our relationships, and fourth is finding meaning in life. Fifth is accountability, taking responsibility for our choices. Sixth is generosisty, seventh is optimism, and eighth is gratitude. Hmm. Money, wealth, financial security was not mentioned. But I like this stuff better. I know when I'm feeling good, I'm less likely to go shopping.
Most recent customer reviews
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