Yin & Yang Financial Principles With Amida Wealth
June with Amida is all about the energy of the father figure – bold, strong, and empowered. It is the season of Leadership, Guidance, and Yang energy. On this final day of June, we celebrate the balance of both!
At Amida, our fivefold elements of wealth are: health, career, finances, relationships, and personal growth. We always say that when the elements of wealth are in alignment with our values, we experience harmony and wealth energy. In other words, Ying & Yang. Yin and Yang are opposites that balance and complete each other. While Yin represents feminine, passive, and receptive qualities, Yang represents masculine, active, and assertive qualities. This concept can be applied to various aspects of life, including money.
Yin & Money
Yin qualities associated with money include saving, preserving, and being cautious. It involves being mindful of expenses, allocating funds, and building financial security. Yin aspects of money focus on stability, frugality, and long-term planning. Saving for emergencies or retirement, avoiding unnecessary expenses, and maintaining a financial lifestyle that is in alignment with our values, reflects the Yin aspect of money.
Here are a few books that discuss the connection between Yin energy and money:
- “Sacred Success: A Course in Financial Miracles” by Barbara Stanny
- “Money, A Love Story: Untangle Your Financial Woes and Create the Life You Really Want” by Kate Northrup
- “The Energy of Money: A Spiritual Guide to Financial and Personal Fulfillment” by Maria Nemeth, Ph.D.
Yang & Money
Yang qualities associated with money include earning, investing, and taking calculated risks. It involves actively seeking opportunities for financial growth and expansion. Yang aspects of money focus on generating income, investing in assets, and leveraging resources to create wealth. Entrepreneurship, strategic investing, and taking calculated risks in pursuit of financial goals represent the Yang aspect of money.
Here are some books that discuss Yang energy and money:
- “The Millionaire Mind” by Thomas J. Stanley
- “Think and Grow Rich” by Napoleon Hill
- “The Richest Man in Babylon” by George S. Clason
Financial Yin & Yang Balance
Above all, the balance & harmony of both is essential. For example, too much Yin (oversaving and being overly cautious) may result in missed opportunities for growth or enjoyment. Additionally, too much Yang (overspending and taking excessive risks) may lead to financial instability, debt, and potential losses.
Finding the right balance between Yin and Yang in money management involves:
- Allocation and Cash Flow Management: This involves creating an allocation strategy, tracking income and expenses, and effectively guiding cash flow to ensure you have enough money to cover your needs and save for the future.
- Income and Expenses: Review your income sources and calculate your total monthly income. Then, track your expenses by categorizing them into Green & Red Zone financial categories.
- Review Savings and Investments: Evaluate your savings accounts and investment holdings. This will help you understand your current savings rate and investment progress.
- Consider Future Goals and Milestones: Identify your short-term and long-term financial goals, such as buying a home, saving for education, starting a business, or retirement. Evaluate your progress towards these goals and consider whether adjustments need to be made to your financial plan. Above all, be sure to read our Amida blog: 7 Key Areas of Financial Planning
Amida Wealth Family Conversations
At your next family or friends gathering, share this blog! Living in alignment with our values is essential to live a healthy, wealthy, fulfilled life. In other words, Yin & Yang energy must be present – regardless of gender. It is important to note that yin & yang is present in all of all, in all ways. Discuss this topic and encourage those around you to expand the Amida way.
Final Thoughts
As we conclude the month of June, we leave you with empowerment, encouragement, and motivation to achieve all of your financial dreams. Remember that you never have to go through this wealth journey alone – Amida is always one phone call and email away. If you enjoyed this topic, be sure to read out blog about The Yin & Yang Approach To Self Care.