Developing Your Money Mindset: “You as Steward and Your Money as a Tool”

The Maven’s Keys to Financial Contentment is my idea that true financial contentment can be found when an overlap of money and beliefs occur. Many people ask the question of how to be “financially content” and this is a discussion to uncover those answers.

Podcast Details:

Podcast Title:  Developing Your Money Mindset:  “You as Steward and Your Money as a Tool”
Podcast Series: The Maven’s Keys to Financial Contentment

 

The Maven’s Keys to Financial Contentment is my idea that true financial contentment can be found when an overlap of money and beliefs occur.  Many people ask the question of how to be “financially content” and this is a discussion to uncover those answers.

 

(HEAD OVER TO YOUTUBE FOR THE VIDEO VERSION)

 

So we’ve been talking about developing your money mindset and we want to wrap things up today with how we should view money.

 

Last week I talked about Marvel Comics and this week I’ll stay with the entertainment theme and talk about The Count of Monte Cristo.  So the movie is obviously adapted from the book by Alexandre Dumas.  My generation is probably more familiar with the film with Jim Caviezel and Guy Pearce.  And to me this is the classic example of stewardship gone awry at least at first.  But there are some lessons that I think are appropriate for our discussion in developing your money mindset.

 

So the first lesson is:

 

  1. Finding out that [the money] is not yours – Developing your money mindset involves realizing that money comes and it goes.  You should master its use as tool, not let it master you.
  2. Finding a higher purpose for it is more enjoyable  – In the movie, “The Count of Monte Cristo”, the main character realizes his plot of revenge isn’t as satisfying as using the money for a higher purpose.
  3. Finding its proper use brings more of it  – Those in our society that adopted a “stewardship” mentality have found out that they actually attain more money.
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About Me:
Dominique Henderson, CFP® is founder of DJH Capital Management, LLC., a fee-only, registered investment advisory firm specializing in comprehensive financial planning and wealth management.

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