Personal Finance
What Does Mindful Living Have to Do with Saving Money?
By ValueChampion  •  November 21, 2019

Mindfulness has been a buzzword for quite some time now, and it has also become a multibillion dollar industry. The practice focuses on developing awareness through a regular practice of being in the present, which can lead to calmness and mental clarity. Meditation and other mindfulness practices have positive health impacts, but can being more mindful also help you to save money?

Benefits of Applying the Mindfulness Concept to Our Daily Life

The absence of mindful decision making can impact all facets of your life. For example, research suggests that we make 200 decisions about our food intake everyday, though many of us probably cannot recall all of these thought processes. If we are not conscious of what leads us to make food selections it is reasonable to expect that we are also overlooking financial decisions. Furthermore, mindful living may help to put financial decisions into perspective. Through mindfulness,

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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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