The Key to Having All of the Money You Desire
Nov 27, 2019
Welcome to module 8 of 12 in this series that I'm calling Ignite Your True Purpose. This is designed to help you start living the life that you're here to live at this time and in this place to truly live. In this module, we're going to explore the key to having all of the money that you desire on your path to living your true purpose on a daily basis. We're going to talk about your relationship with money.
I Am Supplied From the Substance of God
As always, we're going to start with a reading from 365 Days of Richer Living (Amazon Associates link) by Ernest Holmes and Raymond Charles Barker. This is from March 15th, and it's titled "I Am Supplied From the Substance of God".
"We all have need of many things. We cannot believe that the divine spirit wishes to withhold any good from us. It's the nature of God to give, and it is our nature to receive. Back of every idea of supply, every need in our human lives, there is something which forevermore gives of itself and takes form in our experiences that we permit it to, whether it be a house to live in, money that we have need of, or employment that furnishes the gratification of adequate self-expression. Always there is the giver flowing into these things. But, the divine has already given its entire being to us. God has not failed humanity, but humanity has failed to accept the gift. It has failed to enter into the spirit and the nature of the giver. It has even refuse to believe that there is such a gift or such a giver. How then can even God really give us what we refuse to accept? This is why Jesus told us we must believe that we have really received the gift before we see it's evidence. This is an active faith, but it should be a faith built on the sure knowledge, the certain foundation, the positive conviction that there's something that responds to us gladly, readily, willingly, joyously, and without limit."
That is an awesome one today, and it's really talking about accepting the gifts that are just shining down on us, flowing into our lives on a daily basis. But let's explore this relationship that we have with money, because money is a form of energy and exchange of value.
Gratitude and PURE Goals
Before we dive into exploring relationship and setting goals with money, we always want to start with gratitude. What are you grateful for relative to money in your life today? No matter how little or how much you have, what are you grateful for? Tap into just the graciousness that's showered upon you, and give great gratitude for that.
Also, whenever we set goals, we want to use the PURETM formula. In the PURETM formula:
P for a PERFECT WORLD, what is your aspirational goal?
U for UNLIMITED from how and when, from space and time limitations.
R is for RIGHT NOW that your goals are right now present tense, already done,
E is for EMOTIONALLY CHARGED with feelings that are how you're going to feel when the goal is already done.
By the way, in that reading earlier from365 Days of Richer Living (Amazon Associates link), the authors were referring to Mark 11:24 where Jesus said, "Therefore I tell you, whatever you ask for in prayer, believe that you have received it, and it will be yours." That's the PURETM formula for setting goals as well, which is knowing that it's right now and knowing emotionally that it's right now. And if you believe that, have faith in that it's already present, that's when it shows up in your life.
Your Relationship with Money
Like we've talked about in many of these modules, money is just another form of energy. And the amount of money that flows into your life is in direct correlation to the value, i.e. the positive energy, that you put out into the world. So, if you want money to come in, you need to put out positive value energy. It's a simple law of give and receive.
However, the problem with value is that it's not something that you necessarily can define. Value is defined by the type of energy that other people are willing to exchange for the value that you've created. You need to look to the market for value feedback. You need to to look to society to see what it is that people really want and then exchange your value for that. Be creative. Create your value around what people want and exchange that for money.
Value Creation and Money
Let's talk about value creation and money. Once you determine your true purpose, then you need to determine how to allow your purpose to emerge from you as an energy flow that attracts others. It doesn't really matter how much money you spent in school. You know from previous work of mine how I feel about school, It is just this formula for success that we're all kind of shoved into, and it really doesn't matter how much you spend getting educated. Society does not owe you anything based upon your education. You will only receive money when you start creating value for society.
Also, it doesn't matter if you think that you should be paid more for the value that you are creating it, especially if the market thinks otherwise. The value of your creative output doesn't really have anything to do with your education or what you think you should be paid. It has to do with what other people think and what other people are willing to pay for the value that you're creating.
Are You Underestimating Your Value?
That said, most people underestimate the value of what they are creating for people and for society, They're afraid to ask for a fair exchange of money for the value that they're creating for fear that they may be seen as greedy. So, keep that in mind, too. That's the flip side of the coin relative to value.
We are going to talk about fear and the stories that we create that hold us back in the next module. But for now, just know that the odds are that you are not getting paid commensurate with the value you're creating. If you are, if you do feel like you're getting paid well for the value that you're creating, congratulations! You're in the minority.
Practical Money Relationship Tips
Now I want to talk about some practical tips around money. I've been studying money, and acquiring money, saving money, investing money, spending money wisely for decades, and I feel like I've picked up a few tips along the way that I want to to share with you. I've read dozens of books about having a healthy relationship with money, and there are several themes that have stood out across all these books and I've applied in my own life with success.
- Financial Independence: One of the things that allows you to focus on your true purpose as early in life as possible without financial distraction is to pursue financial independence as a goal from as young of age as possible. I don't think that our schooling system, our society really implants that thought in our minds early enough, but some people are very successful at it and achieve financial independence at a very young age. The sooner that you can achieve financial independence, which is defined as the passive income flow coming into your life is greater than your expenses, the sooner you are freed up energetically to take the creative energy that's in you and produce things instead of worrying about bills and how you're going to the pay rent and stuff like that.
- Set up a system to have a pulse on the flow of money in your life. Remember, money is just energy, so it's kind of like electricity. It's has a flow to it. If it's not flowing, you're not creating value. It needs to be flowing through your life, and you should have a system to know and to sense how it is flowing through your life. I've used Quicken for my personal financial management for decades. And in the last several years, I've used QuickBooks for my business. They're both great tools. There's another great tool called Mint. It basically tracks everything almost automatically for you if you spend with credit cards. You can attach your bank and credit cards to it and it shows you categorically where you're spending your money. You have to have a sense for where your money is flowing if you want to have any kind of control over it or be able to turn switches on and off for this flow.
- Pay yourself first. You've probably heard this from many people. Pay yourself first even if you're on the edge of stabilizing your basic needs.
- Give 10% of your money, or more, away to causes that you're excited about and that really make a difference in the world. I found a statistic that $286 billion were given away to charitable causes in 2017 by Americans. I don't know what the figure is worldwide, but it's huge. If you don't have ideas of where to put your money, here is a link to 25 of the best charities out there to donate to. Also, if you believe in something strongly enough, you can start your own foundation. Starting a foundation to help educate youth on their true purpose is on my goal list. I want to produce materials that gets people at a very young age thinking about the stuff that I'm teaching you in these modules.
- When you get a raise, if you have a job, or you start making more money than you traditionally have in the past, take the bulk, if not all, of that additional income and put it into those investments that are going to create that financial independence for you and keep your standard of living fairly flat. What most people do as they get raises, they take on more debt to have more stuff. If you can resist that kind of societal pattern and take the additional money and shove it back into investments that are going to produce income for you, guess what? You're going to be able to achieve financial independence a lot sooner than the people around you.
- Decide whether you want to be an active or a passive investor, because they're different approaches. Once you decide which way you want to go, then study all the available material that you can get your hands on.
- If you want to be a passive investor, one of the best tools in the market recently are these robo-investing accounts that allow you to just put money in on a regular basis, and the robo system invests depending on how you tell it to invest, and you don't have to think about it. It's a wonderful thing because you can then focus on your true purpose more.
- If you want to be an active investor, there are all kinds of ways to be an active investor, whether you're doing day trading or options trading in the markets, or you're buying fix-and-flip real estate, or you're buying real estate and renting it, or maybe you get involved in apartments. So both the investment markets and the real estate markets are great places to be actively involved in and investing.
- Don't try to be a market timer. You've probably heard this, too. It doesn't work in the long run. Find strategies that work regardless of whether market's going up or down, and then you can sleep a lot easier night.
- This one's important, don't be so frugal or tied up in your own work and business that you don't have fun.
- I recently watched a great movie recently called The Peanut Butter Falcon. It's about a guy who has downs syndrome, and he wants to be a professional wrestler. He gives himself this name of "Peanut Butter Falcon". He meets this other guy along his journey, and they came up with rules for how they were going to interact. And Zack, who's the hero of the story, says, "The number one rule is to party." I thought that was really funny and relates to what we're talking about here.
- Even in college we had this saying amongst my peers that we're going to study hard, but we're going to party hard, too. We're going to enjoy life.
- You might've also heard the saying "plan like you're going to live forever, but live like you're going to die tomorrow." That's another good saying for how to approach life with gusto.
- I had a couple of friends back in the early 2000s that had beautiful boats, and they wanted to sail around the world, both of them, but they were tied up in all these business dealings. They didn't leave and go do their world cruise, and both of them ended up dying before they could untie their dock lines, one from a heart attack and one from cancer. So, life is going to get to you if you don't get out there and live your life today!
Module 8 Actions Steps
- Conduct research on what the market is paying your competitors, whether you have a business or whether you have a job. If you have a job, your competitors are other people that are doing the same job as you, right? So what is the market paying those for positions, and where do you stand relative to your competitors? Are you in the top 5% of income amongst your competitors? If so, awesome. If not, assess whether that's because you need to create more value in the position that you have or the business that you have, or if you're not asking enough for the value that you are creating. Remember, you only get what you ask for in life. But, be honest with yourself.
- Ask some colleagues and friends what they think about the relative value that you're creating, and meditate on where you need to make some upgrades on your value creation.
- Do this modules meditation. Answer the questions in the meditation, and take action.
Module 8 Resources
- Recommended Reading / Blog Posts
- BOOK: 365 Days of Richer Living (Amazon Associates link) by Ernest Holmes and Raymond Charles Barker
- BOOK: Multiple Streams of Income for a New Millennium (Amazon Associates link) by Robert G. Allen
- BOOK: Never Work Again (Amazon Associates link) by Erlend Bakke
- BOOK: The One Minute Millionaire (Amazon Associates link) by Mark Victor Hansen and Robert G. Allen
- BOOK: Rich Dad Poor Dad (Amazon Associates link) by Robert T. Kiyosaki
- BOOK: Cashflow Quadrant (Amazon Associates link) by Robert T. Kiyosaki
- BOOK: Money: Master the Game (Amazon Associates link) by Tony Robbins
- BOOK: Tax-Free Wealth (Amazon Associates link) by Tom Wheelwright, CPA
- BOOK: Paper Profits (Amazon Associates link) by Joshua N. Andrews
- BOOK: The Millionaire Real Estate Investor (Amazon Associates link) by Gary Keller
- BOOK: HOLD (Amazon Associates link) by Gary Keller
- BLOG: How to Translate Your Vision Into Goals
- BLOG: Goal Setting Mastery
- BLOG: How to Energize Your Vision and Goals
- BLOG: What's Your Number?
- BLOG: How to Massively Accelerate Your Goals
- BLOG: SMART is not PURE When it Comes to Goals
- BLOG: The Problem with Money
- BLOG: Value Creation Models: Which One is Best for You
- BLOG How to Turn Your Value Into a Business
- BLOG: You Only Get What You Ask For in Life
- Recommended Resources
- Go here for an 88% discount on the mini-course "Discover Your True Purpose Formula"
- Go here for a 90% discount on the mini-course "The 9-to-5 Escape Plan System"
- Go here to sign up for a Free True Purpose Strategy Coaching Session
Module 8 Guided Meditation
[NOTE: if you are reading this post, it is recommended that you use the post video for the guided meditation. Go to 15 minutes and 42 seconds to begin the guided meditation. The words of the guided meditation are shown below.]
Let's take a deep breath and get ready for the meditation. Sit in the chair, and relax, and sit up straight. Tune into your body. How's it feeling today? Tune into your breath. Let the thoughts of concerns that you might have for today or tomorrow, let them go for now. And tune into your higher power, whatever that is for you, for answers to the questions of this meditation.
- The first question is, what is your relationship with money?
- Do you have any negative stories about money that you picked up on your life's journey so far?
- Do you know where your money is coming from and where it's going to?
- Can you feel and sense the flow in your life?
- Do you pay yourself first before all your bills?
- Do you give 10% or more of your money away to causes that you're excited about to create an expansion of the world?
- When you make more money, do you spend it or do you invest it?
- Do you want to actively manage your money or have it run on autopilot?
- Do you try to time the markets? If so, how's that working out for you?
- Is there a better strategy?
- Are there some actions you need to take to upgrade the value that you are bringing to the world?
Remember what you have learned in this meditation. When we are done here, write it down and take action. But first, come back into your body. Sense your breath. Come back to the present. And when you're ready, open your eyes. I trust this meditation was insightful, so come back as much as you'd like, as many times as you'd like, to learn more about what is possible with money in your life and continue the meditation. I'm going to see you in the next module.
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