It has been exactly a year since I became a certified yoga teacher. It is such a joy to be able to confidently share I have learnt with my students.
What was even more gratifying was I also now see parallels between yoga and another very important aspect of my life: money management. A disciplined practice, self-observation and the pursuit of balance – these are common yogic tenets that can be applied to money management too.
Discipline
Yoga demands discipline; your body will tell you when you skip too many practices. Similarly, money management requires discipline - discipline to see that you resist temptations, control expenses and build up enough savings for retirement. Results cannot come if it’s a one-off or haphazard effort.
But how does one instill discipline in money management? Aim to “pay yourself first” by saving a fixed percent of your monthly income. For us ...
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