About

About Picture 2

I’ve had an accounting practice for 16 years which has given me a great deal of exposure to the way people manage their finances. I’ve listened to my clients reveal their underlying fears about their businesses and the financial difficulties they’ve encountered. I’ve learned the importance of focusing on the individual as a whole rather than just managing their books.

I’ve also been actively meditating daily for the past 13 years.  Five of those years, I practiced and volunteered regularly at Dharma Drum Retreat Center, a Buddhist Chan Center founded by Chan Master Shen Yeng. Under the gentle guidance of Chang Wen Fashi (now David Listen), I learned how to listen to others instead of wanting to fix their problems. He taught me to sit quietly and allow others to see how they had contributed to their circumstances and ultimately correct their reactions and responses to help themselves. Additionally, I have attended numerous intensive, silent retreats which further enhanced my ability to sit still and listen.

I’ve combined my life experiences with money, work, and meditation practice to bring you Wise Finances.

I welcome you to my site and hope we can help each other on our paths. There are no chance encounters; I believe we were meant to be friends, so let’s get acquainted.

Here’s my personal journey through finances:

My earliest experience with finances is waiting on line outside the welfare office for the doors to open at the age of nineteen. I was pregnant, the father had left, and I could not support myself let alone a child. The only solution I saw at the time was to get assistance from the state. I remember feeling trapped in my situation because I was unable to see past it. I stayed on welfare for three years while I went to a trade school and college. I graduated from the trade school and was able to find a job that could support us with the help of my parents. I was elated to have a job and not be dependent on the state. I can’t describe how I felt when I received my first check.

As the years went on, I began to notice that I was acquiring more and more debt. I started having difficulty paying my bills. I became very depressed and anxious about my financial situation. By the age of twenty-six, I was overwhelmed by debt and I filed for bankruptcy. Eliminating my debt took a lot of the stress away and I was relieved from the financial burden.

Then, at thirty-five, I found myself in the same position. I had accumulated $28,000 of debt that I again could not pay off. Only this time, I had an accounting degree and a successful accounting practice. How could this be? I began to question everything I knew about finances and my relationship with money. How could a bankruptcy not teach me anything?

My husband at the time was listening to Dave Ramsey and was insisting on us following his regime. We picked up his book, The Total Money Make Over, and I read it in one night. The next day, I implemented the regimen and getting out of debt seemed to be promising. However, I knew from past experiences there was more to finances than just the numbers; therefore, I started analyzing my situation and understanding the importance of my emotions in relation to my spending habits. Getting out of debt the first time through a bankruptcy had not taught me anything. It had erased the debt but had not healed the emotional side of my finances and that’s why I believe nine years later, I was in the same position.

I continued my journey by paying close attention to what drove me to spend money and how I felt when I did. I came to the realization that every purchase had an emotional attachment to it. I didn’t spend money because I needed to. I spent money irresponsibly because there was something inside of me that I was trying to ignore or stifle. I realized how much my ego was involved in every purchase I made and how much my identity was wrapped around my possessions and my status in society. This new way of looking at my finances began the transformation. I began to look inside every time I spent money and it made all the difference. I began to heal myself and my relationship with money. My relationship became a friendly one. I no longer hated my finances and blamed all the credit card companies. I began to accept how I had contributed to my financial downfall and let go of blaming everyone else for my situation.

Now if unexpected circumstances arise, I implement my method and I am able to handle my finances with ease.

I welcome you to my site and look forward to taking this journey with you.

Silvia