Tim “Jai” Baker is the CEO of Luminous Wealth and a veteran of the financial advice industry. His mission is to guide his clients toward their deepest desires and true fulfillment by fostering a healthy, stress-free environment where financial and personal well-being are seamlessly integrated. He believes that wealth management should not occur in isolation, but rather as part of a holistic approach that considers the whole person.

In this episode, I talk with Tim about the deep psychological and emotional ties we have to money, how Wall Street manipulates investors, and why self-awareness is key to financial success. We explore how knowing yourself leads to better money decisions, reducing financial anxiety while building true prosperity. If you want to rethink your relationship with money and gain clarity, this conversation is for you.

In this episode:
(00:00) - Intro
(00:59) - Meet Tim "Jai" Baker
(03:00) - What Tim learned about money growing up
(09:34) - How Tim got his Start as a financial advisor
(14:24) - The Awakened Investor
(18:24) - The path to self-awareness and financial mastery
(21:53) - The Human Archetype Assessment and Family Genogram
(24:15) - Integrating wealth management with holistic well-being
(28:51) - The role of meditation and mindfulness
(32:05) - Financial planning and client interests
(36:51) - Final thoughts and takeaways

Get full show notes and links at https://mindful.money.

ABOUT MINDFUL MONEY:
Do you struggle with money? You’re not alone.

Money is a means, not an end. It’s a necessity of life for sure, but more money does not always guarantee a “good life”. Money enables many aspects of modern life, but as a dominant consideration, it becomes destructive.

The paradox is that more time and energy spent on personal finance does NOT create better outcomes. Unlike many other parts of life, we can’t create better outcomes by being smarter, spending more time, or putting in more effort.

Join Mindful Money author and experienced 40-year investor Jonathan DeYoe as he shares stories from artists, authors, entrepreneurs, and other advisors about how they mindfully minimize their need to think about money and get more out of life.

If you aren’t happy with your finances, feel like money takes more time than it should, or want to place your financial decisions into the broader context of your life, this show is for you.

Each episode will draw the line between the “enough” activities that the academics tell us are additive to family outcomes, and those “little bit more” efforts that take time and sap energy but do NOT improve outcomes.

CONNECT WITH TIM:
Website: https://www.luminouswealth.com/
LinkedIn: https://www.linkedin.com/in/tim-jai-baker-luminous-wealth/
Facebook: https://www.facebook.com/LuminousWealthLLC
Instagram: https://www.instagram.com/Luminous.Wealth/

MINDFUL MONEY RESOURCES:
Website: https://mindful.money
Jonathan DeYoe on LinkedIn: https://www.linkedin.com/in/jonathandeyoe
Mindful Money on X / Twitter: https://x.com/MindfulMoney_Ed
Mindful Money on Facebook: https://www.facebook.com/MindfulMoneyPlan
Mindful Money on Instagram: https://www.instagram.com/mindfulmoneyplan
Mindful Money on YouTube: https://www.youtube.com/@MindfulMoney

🎙️Podcast Production by Turncast: https://turncast.com.