A calm state of mind that means that you have a strong buffer against feeling angry or upset, even in difficult situations.
How can you acquire equanimity?
If you let go a little, you will have a little peace. If you let go a lot, you will have a lot of peace. If you let go completely, you will know complete peace and freedom. Your struggles with the world will have come to an end.
-- Achaan Chah, Thai forest monk, from his book A Still Forest Pool.
We each hold on to or "attach" ourselves to the things around us as if they are a permanent part of ourselves: our relationships, our homes, our farms, our money, our work, etc. The more we try to hold onto these things, all of which are impermanent in some way, the more distressed we become when we may risk losing one of these things. That doesn't mean we can't take charge of our lives and do all that we can to affect the outcome we want. But it's knowing the difference between taking charge and not being able to control outcomes that makes all the difference. Events way bigger than ourselves: the weather, commodity prices, our health, can impact outcomes more than anything within our own power to control. Accepting the things we can't control, and not blaming ourselves or thinking less of ourselves if the outcome is not of our choosing, is key to equanimity.
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