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Transcripts


December 20, 2002:
Making Peace With Money
Interview with Jerrold Mundis, author of Making Peace With Money


Mike Carruthers:
In your life, is money a source of worry or a source of joy?

Jerrold Mundis:
Making a commitment to living a better life with money almost in itself will trigger an increase of the money that flows into your life and a relaxing of your attitudes towards it.

Jerrold Mundis, author of the book Making Peace with Money.

Sir Edmund Hillary, one of the first people up Mount Everest, as you might recall, said that once the commitment is absolute, all providence moves in support of that commitment. I really don't want to sound magical about it, but once the commitment is there, everything does seem to start to fall in line.

The fact that the US has one of the lowest savings rates in the world shows, says Gerald, that we need to change the way we think about money.

Saving is not money that's being taken away from you-it's actually money that I'm spending. When I'm saving, I'm truly spending that money. What I'm doing is I'm buying an investment and I'm purchasing something that's going to be beneficial for me.

And paradoxically, being generous often brings more abundance.

I give money away on a regular basis myself. One of the ways that I do it is I pick a name at random out of the residential telephone pages, I address an envelope to that person, I put a $50 bill in it with a small note just saying, "Hey, I appreciate that money comes into my life and goes through my life." I mail it, I forget that person's name, and I never wonder who that person was.

At somethingyoushouldknow.net. I'm Mike Carruthers and that's "Something You Should Know."


 
 

 

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