What follows below are basic notes from a reading of Khorosh Ostowari’s cool book on money anxiety. I read it about 5 years ago and jotted down some observations. It’s a great book, and very helpful reading if you or any of your business partners are having money stress!
- It’s pretty clear from 2008 and 2021 that fortunes can be lost overnight
- Coming to money from a very conscious and embodied place is not so much a tool for financial gain, but instead a way to lose fixation from financial gain
- Will this book teach you budgeting? No, you can use Monarch or other apps and other books for that.
- The book will teach you how to change mindset, how to get out of “money anxiety disorder” and into peace
- Americans have far deeper money anxiety than people from other nations
- Key Questions to think about
- How do you define prosperity?
- What is your unique gift to this world?
- Are your job, lifestyle and current financial situation helping you realize your goals?
- Are your job, lifestyle and current financial situation obstacles that prevent you from experiencing true financial, creative and spiritual freedom?
- Is anxiety about money preventing you from being content with your life?
- Key thing that people with money problems have in common (also incarcerated people) - they haven’t been able to manage stress well/properly
- Inflation is going to keep going up, and there’s not much we can do, so this is a very real way to perform a mindset shift
- We have a choice to have a fear-based vs. an abundance based relationship with money.