Get Rid of Your Money-Attachment

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It is in your own interest not to become the owner of this hand.

Every human strives to life a live as happy as possible. Much, if not most, of what we do, is geared to make our lives better and to increase happiness.
However, most people do not really seem to progress in their pursuit of happiness.
Why is this the case?

I think it has a lot to do with the means that people want to use to increase the quality of their life.
In our outward looking and materialistic western cultures, and in our religion-stripped consumption focussed times, the view – more than ever in history – is focussed on material things, on possessing, on body improvement and on other features of the physical world.

Most people constantly think about what they need. What they want. What they would like to add.

Interestingly, instead of looking for more to add, it is equally important to look for letting go to become happy.

There are several concepts out there describing the benefit of letting go, but the one phrase that describes it best is the word “Attachment” (German: Anhaftung) that is used in buddhist philosophy.

Attachment means the negative way that humans getting dependent on certain things, on feelings, on their position, on regard by others etc.

Attachment clearly produces suffering and has to be overcome.

To make things more clear I will revert to my own case that you can even reconstruct when scrolling back in this blog.

Five years ago, when I started the mission of downshifting, I was very much impressed by the ideas of massive saving, accumulating passive income, retire early etc. I introduced a strict savings plan (that worked out quite successful), and started to find ways how to consume less and to save more.

All fine and good so far. But after a few years I recognized (with the help of some hints from Mrs Woodpecker) that things somehow went wrong.
Instead of feeling more and more happy when looking at the growing savings account, I got more and more unhappy and impatient whenever small blow-back occurred (e.g. when a tax or the rent was raised, when a costly and non-sheduled repair came up, when I had to push my calculated retirement age back etc).
I was spending massive time with my stocks and personal book-keeping, in the order of, well, I’d say 15 hours a week. Hell! 15 hours! Yeah, yes, yes, it was all for the good thing, all for increasing returns etc. blabla, but still…15 hours of prima age life spend every week only to have more time later at a age where time is not so scarce anyway?!
At that time thinking about money was a second nature to me, it was always there, with every small spending the internal calculator was active, and that was finally the moment when I realized:

I am attached to something very pathetic. I was attached to accumulating money.

It was not more about doing a wise thing (saving still is wise, and stupid consumption still stays stupid), but money became the measure of most things, and thus an “obsession”. A mild sort of obsession only, but still this is what attachment is all about:

You are no more controlling the object (in this case money), but it controls you.

To cut a long story short, I think I was able to overcome that particular attachment until now. Woodpeckers still save, we still look for efficient deals, we still do not consume excessively but with care. But all of this is more natural now, with less force and with much less bookkeeping. With more acceptance of the tides of life and fate and with the knowledge that long-term plans are nice, but in the long run reality does tend to ignore them.

In parallel I looked around and found that so many people around me were attached to money! And they all fueled that negative trait in me.

Only a few of my friends, but a lot of acquaintances, some colleagues and many people in business life or in finance internet forums are clearly attached to their money, to their returns, to making the good deals etc.
Some of them to an extend that is ridiculous and sad at the same moment. I could add countless anecdotes here, but leave it to your observation skills to find cases in your life.
You identify a money-attached easily if you dig a bit deeper in any serious discussion. Let it be politics, refugees, the future, ecology, economy, the society etc. All of this topics are very very complicated I know, and very very often we are far from an optimal solution, but with the money-attached, in the end, all of their arguing always end up in their fear that they have to pay something or something could be taken from them.
There is a lot of hiding this behind moral, wanting the good, protecting others, but if you drill down it will boil down to:
“OMG! I might have to pay! This world is so unfair, this politicians are so bad, everybody around me is evil, corrupted or stupid. It would be much better if I was in charge! Because then, finally, I would take care that my two birth-rights will be respected: Not to pay more than now. Not to get less than now”

The effect often is the stronger the richer the person is. Maybe because the more you have to more you are obsessed with protecting it.

It is pathetic and stands so much in their way of leading a fear-less and happy live. And yet it is so difficult to overcome, because so many forces around us secretly whisper: “YESSSS. YOU NEED TO HAVE MOREE. YOU ARE ONLY WORTH SOMETHING IFF YOU HAVE A,B,C. YOU EARNED IT. YOU DESEERVE IT. YOU HAVE TO COMPEEETE TO STAY UPPP.”

But all of this is crap of course.

So I am asking you:

Do you see that pattern in your environment?
Do you even have a self critical moment and see it at work in yourself?
Nothing un-normal, as this is the disease of our time, most people are infected to some degree.
But once you recognize this mechanism at work within yourself, do me a favour:

Cling to it, observe it, scrutinize it, see how it beats you down, because, damn, the more you have the more you can loose. And damn, there are always forces out there beyond your control, no matter what you do!
Drill your thought and fears down to its source: The fear of loss.
And finally: Kill that fear!

Accept the world for what it is. Accept the risk it brings. Start to understand that you can never fully protect yourself against the world. You are part of it. Start to trust in your own power to handle future problems should they come up.

And your fear will vanish…your attachment to money will yield back. The fog of worries and threats around you will lift.

YOU will be the first to benefit if you are able to get rid of money-attachment.

And for the time being, avoid others that are money-attached.
They will try to comfort you in your attachment. And they will attack you as a naiv good-do-er, or a “Gutmensch” (stupid german derogative word for people thinking beyond their own benefit) if you do not follow their path anymore.

Later on, when you ended your struggle and erased your own money-attachment you can come back to these people.
On the other side: Chances are that you will not. Because they will no longer be interesting to you. They have nothing to say other than “I want to get as much as possible and I do not want to pay”. And you heard that often enough, right?!

Cheers,

Woodpecker