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MarketWatch: “3 Ways Practicing Gratitude Can Help Your Financial Well-being This Holiday Season
Leland was featured in a MarketWatch Article discussing gratitude around Thanksgiving! Here is his excerpt:
“When Leland Gross, founder of PeaceLink Financial Planning in Virginia Beach, Vir., works with clients who look at money through a scarcity lens, he’ll encourages a five-minute exercise where they write the things they are grateful for, whether that’s relationships, finances or otherwise.
It pulls the focus from “what I need” to “what I have,” Gross explained.
That can be a powerful shift when so many people are trying to keep up appearances, he said. “We live in a society riddled with anxiety, constantly comparing itself to one another, everyone feels insecure and everyone feels we are behind,” Gross said. “When more money becomes the goal of our lives, we’re never going to have enough.”
Focusing on abundance can change that — like it did for one of Gross’s clients. The woman, who had already been saving for retirement, inherited $2 million from her parents. But she “felt paralyzed” on whether to use it, for fear of wasting it, Gross explained.
They broke down the money to show what could be spent and what could stay protected with conservative investments. Within weeks, she put in an offer on a “reasonable dream home” and is due to close in the coming weeks, Gross said.
He remembered her reaction when they showed she had enough money to live her life and use some of the money. “She was in tears saying ‘I just feel better. I just feel excited. I feel thankful.’””