The Link Between Attachment and Money
The Link Between Attachment and Money: A Realization from My Money & Entities Class
I had a profound realization while facilitating a recent Money & Entities class
When you truly know what you’re capable of, you’re not attached to it. But when you’re unaware
of your capacities—whether in general or in a specific area—you become attached out of fear and
uncertainty
A Simple Example
Let’s say you don’t know how to cook. You’d likely get attached to the cook who prepares your
meals at home. If they ever decide to take a vacation or leave their job, you might feel helpless,
worried about how you’ll manage without them.
On the other hand, if you do know how to cook, you wouldn’t be disturbed by their absence. You’d manage on your own without stress, meaning there’s no attachment.
Now, let’s apply this to money
What If You Were Needless of Money?
If you knew you had the capacity to create money, you wouldn’t be attached to it. You’d be needless of it because you’d trust in your ability to generate more whenever required.
You’d know that:
- You’re capable—money isn’t a rare, unpredictable force; it’s something you
create. - You’ve done it before, so you can do it again.
- You wouldn’t fear losing, wasting, or spending money because you’d trust
yourself to generate more.
But if you don’t trust in your ability to create money, you’ll always live in fear and
attachment. The fear of not knowing how to make money leads to a desperate need to
hold onto it.
And isn’t attachment just fear of loss in disguise?
But Wait—Is Detachment Always the Answer?
While the idea of being “needless of money” sounds freeing, skeptics might argue:
- What about financial responsibility? Isn’t some level of attachment necessary
to plan, save, and invest wisely? - What if detachment leads to recklessness? Could letting go of attachment
cause someone to become careless with money? - Doesn’t attachment sometimes drive ambition? Many successful people are
deeply attached to financial goals. Could detachment reduce motivation?
My take? Detachment isn’t about carelessness—it’s about confidence. It’s not about
dismissing financial planning but rather trusting your ability to create more, rather than
clinging to money out of fear.
Questions to Ponder
Here are some powerful questions to play with:
- Who or what am I attached to?
- How is that attachment impacting my money flows?
- If I were needless of this person or thing, would I have more money or less?
- Who or what am I controlling under the guise of attachment?
- If I were truly “detached,” would I have more money or less?
What insights do these questions bring up for you? Share your thoughts in the
comments—I’d love to hear!
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Prerna Wadhwa
Excerpt from Money & Entities