Think ancient philosophy has nothing to do with your bank account? Think again! This episode brings a powerful dose of Stoic wisdom to your modern financial world. Joined by special guest co-host Kathleen from the Minimalish Mom podcast, we’re uncovering how the timeless principles of Stoicism, like focusing on what you can control and accepting what you can’t, can transform your money mindset and lead to genuine financial peace. Prepare to learn how a philosophy often misunderstood as emotionless is actually your secret weapon for navigating market volatility, managing debt, and finding true wealth beyond the numbers.
Kathleen joins this week’s podcast as we talk about:
– Defining Stoicism: What it is and what it isn’t
– The Stoic principle of focusing on what you can control in your finances
– Practical applications of Stoicism for budgeting, savings rates, and debt management
– How accepting market volatility and unexpected expenses can reduce financial stress
– The concept of virtue as the only true good and its impact on ethical spending and generosity
– Living in accordance with reason and taking a long-term financial perspective
– Stoic exercises for financial well-being
– The power of visualization, journaling, and gratitude
– Our favorite Stoicism books and resources
Show References:
- The Daily Stoic by Ryan Holiday (sign-up for his free daily Stoicism email)
- Book: Stillness is the key by Ryan Holiday
- All of Ryan Holiday’s books on Stoicism
- Book: The Practicing Stoic: A Philisophical User’s Manual
- Minimalist Mom on Instagram
- Minimalish Mom podcast Ep. 2: The Origin Story of More Joy, Less Hedonic Treadmill
- Minimalish Mom podcast Ep. 5: Living Lagom (Finances)
- Minimalish Mom podcast Ep. 35: Who Cares What “They” Say: Embracing Our True Selves in Middle Age
- Minimalish Mom podcast Ep. 39: The Art of Reframing – Frugalitt as Luxury
- Minimalish Mom podcast Ep. 45: Break the Shopping Habit – And Discover What You’re Really Seeking
- Inside Out Money episode #021 – What is enough?
- Inisde Out Money episode #030 – Simple joys and the art of saving money