How Do I Stop Obsessing About Money?

Hi there! It's a very interesting question indeed. The whole human race gets stuck with the three key aspects of life: love, sex, and money. However, if we consider life consciously, these elements are important for our well-being, but not the core of our existence. Suppose you have to face a rare health condition or a significant challenge, and if you do not prioritize your health, you cannot appreciate the value of money. Conversely, with good health and a sound mind, you can find solutions to financial issues that arise.

Money is a tool we use to enhance our lives, not the essence of them. It is essential to find a balance and not overly obsess about it.

Handling Abundance and Scarcity

There are two possibilities:

1. Having a lot of money: Great, now your concern should be how to maintain and grow your wealth. It's important to give it attention but not to the extent that it hampers your other life aspects.

Do not violate the law. Pay your taxes legally and do not succumb to illegal tax avoidance methods, no matter how secure they seem. Banks provide a safe option, like Fixed Deposit (FDs). These provide good returns after tax deductions. Though many banks offer automatic renewals, be mindful of them. Do not flaunt your wealth, as it may attract unwanted attention. Instead, enjoy your hard-earned money.

These steps can help you maintain peace of mind.

2. Not having much money: A good reason to work towards having some. Focus on generating wealth without getting depressed or feeling undervalued. Accept it as a challenge and enjoy the process.

Be cautious about schemes and scams that promise easy money without significant effort. I have not come across a single source of quick money without hard work. Focus on wealth-building without letting the focus on money get to you.

Strategies to Break Free from Money Obsessions

Actually, you should feel good about focusing on money, but if you're concerned about obsessive thoughts, here are some points:

Pick a Skill and Master It: Choose a skill and strive to excel at it. Once you master one, don't be afraid to learn another, but ensure they are diverse and not too similar. Embrace Digital Payments: Try to use digital payments more often than cash payments. This not only simplifies transactions but also keeps you from thinking too much about money. Engage in Diverse Activities: Read books and watch movies that are not related to finance, economics, or money. This will help shift your focus away from monetary concerns. Maintain Social Balance: Avoid becoming too socialized. Spend time on things that build your career and future, and set short-term goals to achieve them. Visualize a Balanced Life: Imagine scenes that are more centered on personal growth and well-being rather than finances. Reflect on the abundance of other aspects in your life that are not material.

By following these strategies, you can achieve a sense of financial freedom and reduce the tendency to obsess over money. Remember, money should be a tool to enhance your life, not the central focus.