🎇Diwali Is Not Just About Lights? I CRACKED the CODe: 7 Steps Guide🎇

Introduction: Welcome to my channel! I’m Taresh Bhatia, a Certified Financial Planner®, wealth coach, and founder and coach of The Richness Academy.

 I’m sharing something unique this Diwali: how I cracked the secret code to true prosperity and Wealth Management.

Diwali isn’t just about lights, diyas, and crackers—it’s about embracing abundance with mindfulness and wisdom.

In this article, I’ll explain the seven steps I’ve developed to unlock the true essence of wealth during Diwali.

These steps will help you make better financial decisions, manage your wealth mindfully, and purposefully welcome Maa Laxmi’s blessings into your life.

Watch more on this video: https://youtu.be/OyIUT-z_NzU

These seven key steps helped me unlock the secret code to mindful wealth management during Diwali. Mindful wealth management is about accumulating and preserving wealth, making wise investments, and aligning financial decisions with long-term goals.

The Festival of Lights, Diwali, represents the triumph of light over darkness, knowledge over ignorance, and good over evil. But for me, Diwali also brings an annual reminder: the importance of respecting wealth and using it wisely. 💡✨

Over the years, I have worked with hundreds of clients—senior professionals, entrepreneurs, young couples, and even retirees—and one common theme I see is the focus on wealth creation without enough attention on preservation. It’s easy to get caught up in the joy of earning money, making investments, and growing your assets, but it’s just as important to take a step back and reflect on how we’re handling that wealth.

Also read:- How to plan retirement

This Diwali, I urge you to take a moment to think about your relationship with wealth. Are you using your resources wisely? Are your financial habits aligned with your long-term goals? Do you have a plan for preserving and growing your wealth? 🌟

As we light diyas this Diwali, let them symbolize the light of financial clarity in your life. Just as these small flames brighten up your home, let financial mindfulness brighten up your wealth management decisions.

1. Reflecting on Wealth During Diwali: A Deeper Meaning

The Festival of Lights, Diwali, represents the triumph of light over darkness, knowledge over ignorance, and good over evil. But for me, Diwali also brings an annual reminder: the importance of respecting wealth and using it wisely. 💡✨

Over the years, I have worked with hundreds of clients—senior professionals, entrepreneurs, young couples, and even retirees—and one common theme I see is the focus on wealth creation without enough attention on preservation. It’s easy to get caught up in the joy of earning money, making investments, and growing your assets, but it’s just as important to take a step back and reflect on how we’re handling that wealth.

This Diwali, I urge you to take a moment to think about your relationship with wealth. Are you using your resources wisely? Are your financial habits aligned with your long-term goals? Do you have a plan for preserving and growing your wealth? 🌟

As we light diyas this Diwali, let them symbolize the light of financial clarity in your life. Just as these small flames brighten up your home, let financial mindfulness brighten up your wealth management decisions.

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2. Maa Laxmi and Financial Clarity: A New Perspective

In Hindu tradition, we welcome Maa Laxmi, the goddess of wealth, into our homes during Diwali. But beyond physical cleanliness and decor, we often overlook another form of cleanliness: financial clarity. 🌸💰

Maa Laxmi is believed to reside in homes that are clean, organized, and filled with positive energy. But what if we applied the same principles to our finances? Imagine if your bank accounts, investments, and budget were just as clean and organized as your home during Diwali. Financial clarity doesn’t mean just knowing how much money you have; it means having a clear plan for managing that money, investing it wisely, and avoiding unnecessary debt.

In my years as a financial planner, I’ve often seen people neglect this part of wealth management. They focus on earning more but fail to organize their finances, leading to confusion, stress, and missed opportunities. This Diwali, I encourage you to seek the blessings of Maa Laxmi by bringing financial clarity into your life. Review your finances, clean up unnecessary expenses, and create a plan that aligns with your goals.

A simple way to start is by setting aside time each week to review your financial statements. Just as you’d clean and organize your home, do the same with your finances. Organize your bank accounts, track your expenses, and make sure your investments are aligned with your long-term objectives. For instance, you could identify and cut down on expenses like dining out frequently or subscribing to services you rarely use. By doing this, you’re honouring the wealth you’ve been blessed with and creating a space for more abundance to flow in. 🌼📊

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3. Financial Mindfulness: An Offering to Maa Laxmi

In Indian tradition, before we begin any auspicious task, we offer our prayers to the gods, seeking their blessings. Financial management, too, can become a spiritual practice when we approach it with mindfulness. Financial mindfulness is about being fully present and aware when dealing with your finances. Whether it’s planning our budget, making investments, or deciding on major expenses, doing so with a sense of responsibility and awareness can offer our respect to the divine source of abundance. 💡💸

When I first started practising financial mindfulness, it was a game-changer. I no longer felt like I was rushing through decisions or making choices based on impulse. Instead, I became more intentional about how I managed my finances. Every decision, whether big or small, became an act of respect for my wealth.

Financial mindfulness isn’t about perfection. It’s about being aware of your choices, understanding their impact, and aligning them with your values and goals. As you light diyas and pray to Maa Laxmi this Diwali, consider making financial mindfulness a part of your daily practice.

Here are a few ways you can practice financial mindfulness:

• Set Intentions for Your Money: Just like you set intentions for your health, relationships, or career, do the same for your finances. What do you want to achieve with your money? How can it support the life you want to live?
• Create a Budget with Purpose: Instead of seeing your budget as a restriction, view it as a tool for making mindful choices. Use your budget to ensure that every rupee you earn is aligned with your values and goals.
• Invest with Awareness: Before making any investment, take the time to fully understand the risks, rewards, and alignment with your financial goals. Mindful investing is about making informed choices that support your long-term vision.

By embracing financial mindfulness, you’re honouring your wealth and creating space for more abundance to flow into your life. 🕯️🙏

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4. Committing to Better Wealth Management: Starting New Traditions

A common tradition during Diwali is to start new ventures, buy new assets, or make investments. While this tradition encourages the idea of growth and abundance, it’s also a call to commit to better wealth management.

New beginnings aren’t just about acquiring more—they’re about using what you already have wisely and planning for a prosperous future.

As a financial coach, I’ve worked with many clients who were eager to start new ventures or make significant financial moves during Diwali, but they often lacked a solid plan for managing the wealth they already had. This is where things can go wrong.

Starting new financial ventures is exciting, but ensuring your current resources are well-managed is equally important.

As you think about new investments or business ideas this Diwali, take the time to review your current financial situation. Are your investments aligned with your goals? Do you have an emergency fund in place? Are you managing your debt responsibly? 📈💸

I always remind my clients that wealth management is a marathon, not a sprint. It’s about making consistent, mindful choices that build wealth over time. So, as you embark on new financial ventures this Diwali, commit to managing your wealth with care and responsibility.

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5. Invoking Wisdom for Wealth Management: The True Blessing

We often pray for wealth and abundance, but rarely do we ask for the wisdom to manage it. The true blessing of Maa Laxmi isn’t just the arrival of wealth but the wisdom to use it wisely. After all, what good is wealth if we lack the understanding of how to grow, protect, and share it? 🌱💡

In my career as a financial planner, I’ve seen countless examples of people who acquire wealth quickly only to lose it due to poor financial decisions. On the other hand, I’ve also seen individuals with modest resources who built lasting prosperity through careful pre-building and wise choices.

The key difference? Wisdom.

Wisdom in wealth management involves knowing when to take risks and when to play it safe. It also involves understanding the value of long-term planning and being patient enough to let your investments grow. Finally, it consists in knowing when to seek help from a financial expert and when to trust your instincts.

This Diwali, as you seek the blessings of Maa Laxmi, ask for the wisdom to manage your wealth wisely. Don’t just focus on accumulating more—focus on making smart, informed decisions that will help you build lasting prosperity. 📊💡

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6. Giving Back: The Role of Gratitude in Financial Abundance

Wealth is a blessing, but it’s also a responsibility. One way to show respect for the wealth you’ve been given is to share it with others. Consider charitable donations or helping those in need to honour the prosperity that has come into your life. 🤲💸

In my own life, I’ve found that giving back is one of the most fulfilling aspects of wealth management. Whether donating to a cause I believe in or helping a friend in need, sharing my abundance has always brought a sense of fulfilment beyond material wealth.

I encourage you to think about how you can give back this Diwali. It doesn’t have to be a large sum of money—even a small act of kindness can make a big difference. By giving back, you’re honouring the blessings you’ve received and creating a positive flow of energy that will attract even more abundance into your life. 🌱💖

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7. Prosperity with Responsibility: The True Meaning of Diwali

This Diwali, as you seek the blessings of Maa Laxmi, remember that true wealth isn’t just about the amount of money in your bank account. It’s about managing, respecting, and using it wisely to create a prosperous future for yourself and your loved ones. 🪔💰

True prosperity comes from a combination of financial mindfulness, smart planning, and a deep sense of responsibility for the wealth you’ve been given. Practising these principles allows you to create a life of abundance beyond material wealth. 🎇💡

Disclaimer

The information provided in this article is for educational and informational purposes only and should not be construed as financial, legal, or investment advice. While every effort has been made to ensure the accuracy of the information, the author and publisher assume no responsibility for errors, inaccuracies, omissions, or any other inconsistencies. Readers are advised to consult with a qualified financial advisor or legal professional before making any financial decisions. The views expressed in this article are the author’s personal opinions and do not necessarily reflect the views of any organization or entity the author is affiliated with.

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About the Author

Taresh Bhatia is a CERTIFIED FINANCIAL PLANNER and a Coach at the Richness Academy. With years of experience in guiding individuals and families toward financial freedom, Taresh specializes in helping clients achieve a rich and fulfilling life by aligning their financial decisions with their personal values and long-term goals. As the author of the Amazon best-seller The Richness Principles, Taresh is dedicated to empowering people to take control of their financial destinies and create a life of true wealth and happiness. He offers personalized coaching and mentoring, focusing on senior professionals, entrepreneurs, young married couples, retirees, single mothers, and divorced women. Through his blog, Taresh shares insights on financial planning, wealth creation, and the pursuit of happiness, helping his readers navigate the complex relationship between money and well-being.

“Financial Freedom with Taresh: Ask Away!” Send your Querry to taresh@tareshbhatia.com