- 83 -
The Law
Revisiting - XXVII
Examine your money mindset. Watch your thoughts that rise in your mind when you think of money. You will have to identify them and fill your mind with the correct thoughts.
Watch your language. The words that you use are reflections of your thought process. It is true that you may not have the necessary money to buy something that you desire or your family desires. Instead of saying "I can not afford that" say "I will get that by ........". These subtle changes in your language are important. When these subtle changes in language become your natural way of communication, you are assured that the new mindset has also taken hold in your sub-conscious.
Let us understand a few things about money.
It is an essential and powerful tool. It is not a goal by itself. It is a resource or commodity to be acquired for enabling you to reach much higher goals.
Do not equate money with greed. Greed has nothing to do with money. Greed is a mindset and it is not limited to money alone. Your wanting to earn more does not mean that you are greedy.
Do not link money to guilt. Do not feel guilty that you are rich. This mindset is very commonly found in the Indian subcontinent. You deserve all the money that you earn and more. You have not earned money at the cost of anyone else. There is an abundance of money which can be earned by anyone. There is enough for all. Your becoming rich does not deprive others from becoming rich.
Do not equate money with stature. Stature built on money alone does not last. As such you can build your stature. You will have status when others decide to respect and trust you.
Do not work with a mindset that money saved is money earned. This saying is true for a very limited living. This mindset is very often seen in companies which are passing through difficult times. The focus switches to cutting costs to an unreasonable extent which proves to be counter-productive. The employee perks are stopped, expenditures on research, training and development are minimised or done away with, expenses on communication are reduced or done away with etc. The implications are obvious. Focus on earning more. Do not indulge in extravagances. Cut out the wasteful expenditures.
Make your money earn more money. The ideal future is that your sustenance expenses and the expenses required for your journey to abundance should get generated from your investments. Learn about money now. Learn how to make your money work hard. Do not wait to get rich.
Learn to budget. A budget is prepared to balance out your earning and expenditure. When you prepare a stepwise abundance plan, you are also calculating how much money you need to generate to put your enablers in place and by what time. Against the expenditure forecast, you have your current earning, your potential for incremental earning and then you identify the gap between fund required and available. You will have to arrange additional funds necessary to bridge the gap from other sources - personal loan, your money in the bank etc. Remember that your step wise goals are not negotiable.
So, you have your step wise goals for abundance in place. Do you have a clear assessment of how much wealth will you require and when, to realise all your goals? Make an assessment of Cost of Abundance. Your targets are in the form of your legacy expenses, physical assets that you desire to own like a house, cars etc., your training costs like seminars, mentors, expert assistance etc., your social responsibility costs, your tribe costs etc. Add to this the cost of sustenance of yourself and your family, the education of your children, costs of marriages of your children etc. When you complete this task of assessment, you would have generated a money calendar which will tell you, at a glance, how much money and other assets will you need to be in place by what time and for what purpose. Remember that the estimate that you have prepared is in today's money value. Correct your estimates for inflation. Use any investment calculator to find out what is the required investment target per month or per year. This is the starting point. What will you need to do looking at you current reality? How will organise additional earning? Is adequate skill and quality available in your tribe to help you? Where are you going to look for knowledge and information? Plan your course. Give it some time. Utilise this time for an activity to set the Law Of Attraction in motion.
More on this in the next post.
The attached video is a very vital input. It takes about 10 minutes. It s about creating an open mindset
Namaste
Prabir
Make your money earn more money. The ideal future is that your sustenance expenses and the expenses required for your journey to abundance should get generated from your investments. Learn about money now. Learn how to make your money work hard. Do not wait to get rich.
Learn to budget. A budget is prepared to balance out your earning and expenditure. When you prepare a stepwise abundance plan, you are also calculating how much money you need to generate to put your enablers in place and by what time. Against the expenditure forecast, you have your current earning, your potential for incremental earning and then you identify the gap between fund required and available. You will have to arrange additional funds necessary to bridge the gap from other sources - personal loan, your money in the bank etc. Remember that your step wise goals are not negotiable.
So, you have your step wise goals for abundance in place. Do you have a clear assessment of how much wealth will you require and when, to realise all your goals? Make an assessment of Cost of Abundance. Your targets are in the form of your legacy expenses, physical assets that you desire to own like a house, cars etc., your training costs like seminars, mentors, expert assistance etc., your social responsibility costs, your tribe costs etc. Add to this the cost of sustenance of yourself and your family, the education of your children, costs of marriages of your children etc. When you complete this task of assessment, you would have generated a money calendar which will tell you, at a glance, how much money and other assets will you need to be in place by what time and for what purpose. Remember that the estimate that you have prepared is in today's money value. Correct your estimates for inflation. Use any investment calculator to find out what is the required investment target per month or per year. This is the starting point. What will you need to do looking at you current reality? How will organise additional earning? Is adequate skill and quality available in your tribe to help you? Where are you going to look for knowledge and information? Plan your course. Give it some time. Utilise this time for an activity to set the Law Of Attraction in motion.
More on this in the next post.
The attached video is a very vital input. It takes about 10 minutes. It s about creating an open mindset
Namaste
चाडै भेटौला
(Cāḍai bhēṭaulā)
Prabir
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