Financial Tips: Financially Mindfulness

• Reduced Impulsive Spending

• Be conscience and responsible

​​

Financial mindfulness is the practice of being fully present and aware of your financial activities without judgment or emotional reactions. It involves being conscious of where your money is going, understanding your financial habits, and making deliberate decisions instead of impulsive ones. At its core, financial mindfulness is about bringing a moment-to-moment awareness to financial decisions, echoing the broad mindfulness techniques used in mental and emotional health.

Proverbs 27:23 says that we should “Know well the condition of your flocks, and give attention to your herds,”

If you look at Genesis 13:2, it says,”Abram had become very wealthy in livestock and in silver and gold.”

Isn’t it interesting that in this verse, livestock is mentioned BEFORE silver and gold in defining his wealth?

The point is that a modern take on Proverbs 27:23 might read like this, “Pay attention to your money and know what’s going on with it.”

I believe God wants us to know exactly where we are financially, so He can get the glory when He does the miraculous in our finances.

Find out where you really are – your starting point if you will – so you can start building your testimony.

* Reduced Impulsive Spending. Be aware of your spending habits, you are less likely to make impulsive purchases. Mindfulness helps you pause and assess whether a spending decision aligns with what matters most to you, therefore leading to better spending choices. Pause before purchasing and ask yourself if you need it.

Financial mindfulness provides the mental clarity needed to face and tackle debt. Applying mindfulness leads to a better understanding of the emotional triggers that lead to excessive spending. This reduces the tendency to experience the Ostrich Effect, which can help you create a more effective debt repayment strategy.

​

Luke 16:11, Luke 14:28-30, Proverbs 21:5

Proverbs 3:5-6

Trust in the Lord with all our heart and not rely on our own understanding. This trust extends to our finances, where we often feel the greatest anxiety and control. Trusting God with our finances means acknowledging His sovereignty and goodness.