The Soul of Money

10/29/2020

I suggest that if you are willing to let go, let go of the chase to acquire or accumulate always more and let go of that way of perceiving the world, then you can take all that energy and attention and invest it in what you have. When you do that you will find unimagined treasures.
Lynne Twist

In her book, The Soul of Money: Transforming Your Relationship With Money and Life, author Lynne Twist encourages people to develop a new relationship to managing money. She explains: “Money is like water. It can be a conduit for commitment, a currency of love. Money moving in the direction of our highest commitments nourishes our world and ourselves.”

Especially now, in this time of global uncertainty, early childhood leaders are being called on to become clear about their relationship with money.

“Directors of child care centers must be as effective at managing money as they are at caring for children,” Roger Neugebauer wrote in the book, Managing Money in Early Childhood Organizations, part of the Art of Leadership series. These words are perhaps more true today than when they were written before the pandemic.

And in the Exchange Essentials article collection, “The Business of ECE Finance,” Kathy Ligon writes about one important aspect of money management:

“Collecting payments from parents is vital to maintaining the financial health of an education business and in effectively managing cash resources...Careful consideration in creating healthy policies is critical...and most important in the daily management of practices and processes that minimize collection issues. When done right, proper accounts receivable management allows ...managers the time to do what they love — care for and educate children!”

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