Money and yoga. We don’t typically think of the two together. Why would we? One creates stress and anxiety while the other instills balance and peace. We don’t feel relieved when the markets go down and we don’t celebrate when we pay the bills. Who would want to reflect on stressful things when trying to find inner peace during “downward dog?”
Financial planning and yoga are two of my passions, so when The Wall Street Journal decided to publish an article about the two, I couldn’t pass up the chance to reflect and share. It turns out that the integration of yoga and money is older than we might think, according to modern yoga researcher, Mark Singleton.
Yoga requires deep concentration and discipline. When we think of this in terms of our financial lives, the two don’t seem so different. As your financial advisor, we practice disciplined asset allocation, diversification, and structured rebalancing to help you maintain balance during turbulent markets. We also look beyond market returns to ensure that your life aspirations are considered when developing and maintaining your comprehensive financial plan. As in yoga where body and mind work as one to maintain balance, so must your personal goals and ongoing decisions work together to achieve harmony in your financial life.
Many times smart decision making is clouded by our emotions and past experiences. Deep breathing practiced in yoga can help lower stress levels and in turn, increase clarity when facing tough financial decisions. Utilizing discipline practiced in yoga may be just what you need to let go of your fears and bring you one step closer to achieving your financial goals.
I realize that for many, the idea of combining yoga and money seems far-fetched. Don’t worry, I won’t ask you to bring your yoga mat to your next meeting (unless you want to of course!), but the next time you are feeling stressed or anxious, try breathing in deeply for three seconds, holding it in one second, and breathing out for six seconds. Repeat the technique a few times if necessary and reflect on the difference it makes. Maybe your next trip to the dentist is a perfect time to give it a whirl. Until then, “Namaste.”
Read the full article from The Wall Street Journal here.