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Money, Magic and Paganism
by Taylor Ellwood
Ever heard of the stereotypical
“poor pagan”? The one who barely lives
paycheck to paycheck, drives a hunk o’ junk around because s/he has no credit,
and never seems to get ahead? This
stereotype, when it comes to money, is justified by the idea that being poor is
virtuous. The rationalization is that it’s okay if you’re in debt, don’t have
much money--you’re keeping it real by not too materialistic or capitalistic.
But this virtue of being poor isn’t really a virtue at all. For many (but not
all), it’s a rationalization for why a person is poor, so that s/he can feel
better about his/her decision to stay poor. Pagans aren’t alone in this, but it
seems that we are pretty good at providing reasons for accepting poverty over
wealth. For those pagans who are disabled or chronically ill, poverty may not
be a choice, but instead an unfortunate reality that can’t be avoided. Even so
I have a suggestion at the end of this article as to how we as a community can
help the members of our community who aren’t as well-off because of situations
radically out of their control.
While you don’t
have final say on how much you’re paid at a job, or the social situations
you’re in that can negatively or positively impact your life, you can decide
what you choose to do with your money. Even the debts you pay were debts that
you took on, whether it was to purchase luxury items on a credit card or to
deal with an unfortunate situation such as a car accident. You may never have
complete control over your life or the situations you’re in. But you do have
control over your reactions and how you choose to deal with a situation.
You also have
complete control of your attitude when it comes to money--but you might not
learn you have that control until after you’re knee deep in debt and sinking
further. The problem that many people face (not just pagans) is that they
aren’t educated in financial literacy, i.e. how money works. High schools generally
don’t teach many classes on finances and other real-world issues and unless you
decide to take courses in college about accounting or other related majors you
likely won’t get the education there. At home, unless your parents talk to you
about money and how they handle it you likely will only learn how they handle
it from observation. (And, of course, if your parents don’t handle money well,
chances are you won’t either if you use them as examples!) Most of us learn what
not to do with money, and that through hard experience, which is the absolute
worst way to learn about finances.
This is because
you usually have to make costly mistakes to learn. Run up some credit card
bills and you’re stuck with high interest rates and struggling to pay the debt
off. Don’t put money away into savings or investments and you may find yourself
working a fast food job in your eighties. Spend too much on books, video games,
and other luxuries and you may not have enough money for the bills, therefore
accumulating even more debt. Live paycheck to paycheck and when something big
comes along, such as the transmission going out on your car, or an uninsured
medical emergency, you’re not going to have any way to pay for it. None of
those experiences strikes me as particularly virtuous or desired.
Pagans don’t
have to be poor. I suggest, in fact, that we adopt the attitude that having
money is a good thing. Money is good to have because it can insure relative
self-sufficiency, and it can pay for unexpected situations, such as an accident
or sickness. Money can pay for education and provide security for old age, and
it can allow you to travel to other countries and experience other cultures at
their source. Of course, those are just a few reasons why having money is good;
I’m sure you can think of plenty of others.
We first need to
look at our current attitude toward money. Take a moment and look at a bill or
a checkbook or something else that’s financially relevant. Take a pen in your
hand and on a blank piece of paper write down your initial impressions when you
look at the financial artifact and think of your monetary situation. If you
find yourself writing and/or thinking of money in negative terms then you need
to adjust your attitude. The reason you need to adjust it is because your
attitude about finances is sabotaging the conscious choices you make when you
have money.
Because most
people haven’t been taught financial literacy we usually have negative
experiences with money. This negativity imprints and we soon regard money as an
affliction or a problem as opposed to a means of offering potential security
and/or freedom from bad circumstances. Certainly this was the case for me, up
until recently. I always had some form of debt that needed to be paid off and
yet no matter how I tried I just couldn’t seem to get ahead or feel confident that
my money would last beyond the current paycheck. But one day, having complained
about money for the umpteenth time, I happened to pick up a book Rich Dad, Poor Dad: What the Rich Teach
their Kids About Money--That the Poor and Middle Class Do Not! by Robert
Kiyosaki. The core concept I got from this book was that I alone was
responsible for how I spent my money and that my education about money and how
I thought and felt about it greatly shaped my spending of it. This
seems like such an obvious point, but to someone who felt that money was an
amorphous force that controlled his life, I found it to be liberating. No
longer did money control me. Instead I could take control of it.
I suspect that
many other pagans, were they to examine their attitude about money, would come
to a similar realization. Although this awareness is liberating, we still need
to undo the negative attitudes we have. There are a couple of ways to start doing
this and I’ve found both of them have really helped me get a handle on my
financial situation.
Meditation, Magic, & Consciously Loving Money
My first solution involved
meditation. I prefer using Taoist meditation practices that involve dissolving
internal energetic blockages. These energetic blockages usually also have
emotions, beliefs, and attitudes attached to them. By dissolving the blockages
I can allow myself to feel those emotions, beliefs, and attitudes, and then
consciously change them so that they no longer sabotage me. However,
any technique will do provided it allows you to enter into a state of mind
where you are receptive to examining and changing your beliefs on a particular
subject. The reason this is important is because our everyday mundane
consciousness tends to operate on autopilot, which means we don’t always
examine why we are doing what we are doing. By being contemplative and
reflective about the problem we can see it from a perspective outside the
everyday tunnel vision. This in turn can lead to conscious change.
Once you’ve
examined the attitude and decided you want to change it, you need to determine
what you will change it into. For example, I changed my attitude of money from
dislike into love of money. I decided that I would love money and in return
invite it to love me. Using meditation, I changed my memories of bad experiences
with money into positive experiences where I learned to love money. I
visualized myself in the various moments where I’d gotten negative imprints
about money. I then visualized myself changing the actual occurrences into ones
that were more positive in terms of how I handled money and felt about it
afterwards. Through these meditations I was able to undo the negative imprints
and create more positive ones that helped me feel more comfortable with
handling money.
To reinforce this positive attitude further
I decided to create an entity that would encourage my wife and me to love money
and become more knowledgeable about it. My wife made a pouch out of blue leather
(we associate the color with money). In the pouch we placed a couple of coins
and other personal effects that represented our desire to change our attitude
and approach to money. I then came up with a phrase: “I love money”. I took out
the repeating letters, condensing the phrase into “Ilvmny”, which was now the
name of the entity. To bring the entity to life we decided that the energy that
would feed it would be both the spending and receiving of money. Every
transaction would give the entity energy to perform its task, which was to help
us cultivate better financial habits. Our first transaction was to go out and
buy books on money management. After each purchase and every time we make a
sale, deposit a check, or invest in stocks we hold the pouch and say, “Thank
you Ilvmny.”
Although my
first solution was to use magic to help me change my attitude, I also knew I
needed to learn more about money. It wasn’t enough to have a positive attitude
about magic. Something I’ve noticed in myself and many other people, Pagan and
otherwise, is a decided lack of knowledge of how money works. Living from
paycheck to paycheck illustrates this because it involves using money strictly
for day to day survival with little preparation for the future. My second
solution was to acquire financial literacy.
Financial Literacy: Making Money Work For You
When you live paycheck to
paycheck you’re working for money. This is what seems to happen to a lot of
people. We go to work, we make money and we spend it, putting little, if any,
aside for a rainy day or retirement. When a situation does come up we wish we
had more money to solve it, even though it’s not really more money that will
solve the problem — it’s making money work for you.
First, you first
need to learn how money works. If no one talked with you about money and how to
use it responsibly then what you need to do is educate yourself. This doesn’t
have to involve evening classes at a college (and in fact that would probably
be the most expensive and least successful way to learn about money in the
immediate real world). Instead, I’d suggest going to your local bookstore or
library and looking in the business and finance section. You’ll probably want
to get several books on how to handle personal finances because you never want
to get just one person’s opinion on any situation, let alone how to handle
money. I’ll list a few recommendations at the end of this article, but you
might also want to see what members of your family or friends have read about
personal finances. Speaking of family, if you have kids, start talking to them
about money as you learn. You can never educate your children about money too
early. In fact, you may help them avoid mistakes you made and come out ahead
when it comes to retirement and other financial matters.
Many people
don’t pick up books on money because they think such books will be loaded with
technical financial jargon and hard to read. But a good book will explain the
different terms and principles in a clear and concise manner. They also may think
that money management is boring. While it may not be as riveting as, say, a
mystery novel, once have a basic understanding you may find that it’s actually
an interesting subject to learn about. Even if you still don’t find the subject
fascinating, it’s important to educate yourself about it. You don’t need to
know the intricacies of the daily life of a stock broker, but knowing the
basics of how money works and how you can make it work for you will make your
life a lot less stressful.
Making money work for you means learning
how to invest in stocks and IRAs, maximize your 401k plan, and getting the most
out of your bank accounts. When you know how to make money work for you, it
becomes its own magic, with the result being more numbers than you had before,
provided you take advantage of the systems in place. For instance, with stock
investment, you don’t have to invest stocks through a broker. You can invest in
a company directly. This allows you to make your money work for you and know
where that money is going. At the same time the wealth that is generated isn’t
wealth you had to earn. Instead you let other people (i.e. the employees in the
company) earn it for you. To use another example of making money work for you,
there’s a lot more to a bank than free checking or savings. Do you know the
interest rates of your account? Do you know the other options available to you
at a bank? Do you know the differences between a bank and a credit union?
Knowing the answers to those questions can impact how much your money works for
you as opposed to you working for it.
Ideally, when
money works for you, you have money to pay your bills, some set aside in
savings to take care of emergency situations and some applied toward
investments for your eventual retirement. You want your money to grow in such a
way that a lot of the money you make isn’t even money you had to work for. Your
goal isn’t necessarily to end up rich (though that doesn’t hurt) but it is to
end up financially secure, without having to worry how you’ll pay off your debt
or take a day off work without pay or even retire.
Are We Getting Too Materialistic?
I suggested earlier that the poor
Pagan stereotype is not virtuous, for the simple fact that being in debt and/or
have to worry whether you’ll make your ends meet each week or month is never an
ideal place for anyone to be in. But is having money evil? I think, in and of
itself, money isn’t good, evil, or any other moral value we may place on it. It
is however a force, one that must be acknowledged and respected because it’s
one we interact with everyday. Even learning how money works won’t necessarily
make you more or less materialistic, though it will help you become better
informed about your spending habits.
Where the virtue
(or lack thereof) comes in is with you and your choices. Once you know what
your spending habits are you can choose to change them. If you find yourself
spending most of your money on luxury items for yourself, perhaps it’s time to
stop purchasing them. Find other uses for your money such as your child’s
college fund or funding for that trip to Europe
you’ve always wanted to take, but never had enough time or money for.
Another
stereotype that pagans are accused of is of not offering enough public services
or charities that help the community at large. As pagans become more successful
with money this perception can be changed. When you have more money to spare
you can put some of it toward the charity or public service of your choice.
Better yet, you can help those members in your community who are poor and have
no choice in it. Adopt a pagan family or person who’s less well off. Donate
money or food or other goods to help them out. Support your community and in
doing so create a closer connection so that everyone can benefit. Remember
though that money alone won’t solve the world’s problems or even that of a
local community. Devoting some time to public service or giving some food to
food banks or doing some other form of community work is equally valuable and
worth doing.
Loving money
doesn’t mean you’re a materialist and out to steal from the poor. Loving money
merely means that you enjoy being prosperous and prefer it over other
circumstances. You won’t turn into a yuppie or a snob by choosing to love
money, unless you want to. For me, loving money isn’t about putting money
before everything else; it’s really loving the idea that I don’t have to worry
if I’ll be able to pay this or that bill or feel guilty because I wanted to buy
the latest Jim Butcher novel. There’s enough to worry about in life. Security
about money or bills or buying a book without clean out your checking account
is something all of us can have provided we accept that having money doesn’t
equal being materialist. Remember, it’s your choices that define how you think
of yourself and who you are.
Money is a
medium. Without it, we can’t easily survive. With it we can enjoy what life
offers while establishing financial security for the rough times and old age.
Remember that it’s not how much you make that insures a good relationship with
money. It’s how you use the money you do make that determines if you have a
good relationship with it. Even someone who doesn’t make a lot of money can
still come out ahead by using the resources s/he has wisely. And you can always
help other members in the community who aren’t in as good a situation as you
are. None of us have to be “poor pagans”.
Bibliography
Frantzis, B. K. (2002). Relaxing into Your Being: Breathing,
Chi, and Dissolving the Ego. Berkeley:
North Atlantic Books.
Kiyosaki, Robert T,. (2000). Rich Dad, Poor Dad: What the
Rich Teach Their Kids About
Money--That the Poor and Middle Class Do Not! New
York: Warner Business Books.
Recommended Reading
The Motley Fool: you have more than you think by David and
Tom Gardner
The Richest Man in Babylon
by George S. Clason
Smart Couples Finish
Rich: 9 Steps to Creating a Rich Future for You and Your Partner by David Bach
Kiyosaki
2000 Frantzis
2002 If you
don’t know the answers I’ll leave it to you to do some research. It’s worth
your time, trust me.
Author
bio
Taylor Ellwood lives inSeattle with his beautiful mate Lupa, a cat
and a lizard. He’s a co-author of
Creating Magickal Entities (with David Cunninghman and Amanda Wagener), and
Kink Magic (with Lupa, forthcoming).
He is the author of Pop Culture Magick,
Space/Time Magic and Inner Alchemy and the editor of the Magick on the
Edge Anthology. When Taylor
isn’t editing Non-fiction books for Immanion Press, or working on his latest
work, he can be found gaming, reading, and enjoying the company of his lovely
wife. For more information about Taylor, please go to
http://www.thegreenwolf.com
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