#544. The Dharma of Money | Spencer Sherman
When we think about Buddhism or the dharma, we probably don’t think about money.
But when the Buddha laid out guidelines about how to make an ethical livelihood, this didn’t preclude material success. This episode is part two of this week’s series on money, and dives into how we can bring Buddhist principles to an area of our lives that can create so much fear, greed, and dread.
Spencer Sherman is the founding CEO of Abacus, a values-driven financial firm, and certified mindfulness teacher. He teaches the Fearless Finance program and The Mastery of Money program for NYU’s Inner MBA program. He is also the author of The Cure For Money Madness.
In this episode we talk about:
- How to identify and reframe our potentially harmful beliefs about money
- How to apply the Four Brahma Viharas to having a healthier relationship with our finances
- How to use the RAIN technique when we become anxious about money
- Spencer’s ‘Enough Practice’ designed to give us a sense of equanimity
- How generosity helps us let go and can create a sense of abundance
- How mindfulness of money can key us into interconnection
- And whether you can actually be a successful investor if you’re guided by Buddhist values
Where to find Spencer Sherman online:
Other Resources Mentioned:
- Four Better Ways to Relate to Money by Spencer Sherman (Lion’s Roar)
- RAIN practice
- Insight Meditation Society (IMS)
- Eight Worldly Winds