Beware of The Coast

July 8, 2009

“Act as if it were impossible to fail.”
– author unknown –

All of the courses, all of the reading, all of the listening does not actually put money in our pockets.

They are like an escape into a movie where we experience emotions that get us excited and make us feel good, but we must implement that knowledge in our everyday real lives outside the movie theater. We can’t just keep going to more movies more and more often to escape our reality or our reality will be neglected and eventually turn to ruin.

Once we leave the movie theater and return to our daily lives, we must see the truth and act on it. Failing finances is not a condemnation – ignoring them to indulge in a feel-good seminar is.

Before seminars and new wealth, we took initiative because we had no choice. Our seminars and knowledge do not excuse us from our needs or taking the same initiatives we did before seminars and before new wealth.

The seminars and knowledge are new tools to help us maximize the results when we take initiative. And, supposedly they should help us see our lives with new perspective. As Einstein said, you can’t keep doing the same thing and expect different results.

Before new wealth we made sure we had at least the minimum of what we needed. We were actually more successful then than we are now as we coast on and use up what money we have.

We are supposedly learning how to attract and optimize wealth for our security, comfort and joy. Using money gives the illusion of success and material things are easy to come by because there is a reserve of wealth to use.

But real wealth comes from proper money management. Money managed properly will grow. Money just being used will continue to be available only until it is used up.

Even the wealthy are not free from the one imperative job they must face each and every day: proper money management.

By the proper management of an inheritance I was able to build wealth for my sister and my family. The choices I made involved restraint and action applied at the proper times based on the relative stages of our accomplishments.

The very real choices we had to make on our way up kept everything in flux and transition as it expanded. What we were able to let go of actually provided the means for tremendous growth. That growth was applied to higher standards of living.

There is a balance. There is equilibrium that must be maintained where the standard of living does not exceed the means to provide it.

Managing real estate was how we created the means. Once we determined to stop managing real estate we quickly hit a plateau. Once we hit a plateau it became more difficult to recognize and act on opportunities.

If real estate is no longer thee engine with which we expand our wealth, we must find another means to keep everything in movement as movement provides growth.

Stagnation and indecision are very expensive as life uses energy no matter what.

Spending can give the illusion of movement but if it is not in balance with growing, it is like a car trying to cross a vast desert on  a single tank of gas.

There is good money management:
Managing the balance between opportunity, income and spending.

And there is poor money management:
Using fuel without taking the initiative to replenish it.

Seminars and learning can only make suggestions for us to consider.
We must still observe our own situations and initiate real actions to grow.

Cause & Effect

June 27, 2009

How much money you have depends on your actions.
Your actions depend on your thinking.

There are only 3 ways your actions affect money:

1. They make money

2. They don’t make money

3. They use money.

If you look at your finances it is very easy to see which of these three actions best describe your results in general.

Make a list of everything you do in a day.

Write it on a time chart or note how much time was spent on each action. Be thorough. Include time spent sleeping, grooming, dressing, cooking, eating, driving, phone calls, visiting, shopping, computing, and, of course, working.

Not every minute of your life needs to be spent working to become affluent. As a matter of fact, it is a sickness and detrimental to your mental and physical health to work too much.

However, there are countless activities we engage in every day that make us feel busy but, in fact, accomplish nothing.

Resting does not fall into this category. Resting is essential and accomplishes strengthening and rejuvenating you.

Your inner self is very truthful and already knows which things we do effectively and which things we do that make us feel busy and which we use as excuses when we complain, “I don’t know why I can’t get ahead. I work so hard. I’ve got so much to do!”

In truth there are a lot of things we do out of habit or a sense of duty that actually don’t contribute anything to bringing us closer to the lives we want to live. In fact, they use up so much of our time and energy that they prevent us from achieving or attaining what we want.

Take one step forward and you move forward.
Stand still and you don’t go anywhere.
Take one step backward and you move backward.

We all know and understand this.
The results are not from wishing or luck or divine intervention.
The results are from our actions.

So, on your list, which things that you did all day actually brought you money?
Which things didn’t bring you money?
Which things used money?

  • Did you do some work, provide a service, sell something or invest in something that made money here, now, today?
  • Did you spend time to do some work, provide a service or give away something that didn’t make or use money?
  • Did you work on something or provide a service that actually used some of your money? Did you buy food or gas or travel, pay bills or go shopping and spend money?In any given day, most of us actually do all of these things where we get money, don’t get money, or use money. The balance of how much we do of each will determine the state of our finances. It’s as simple as that.

    Are you out of work?
    are your bills too high?
    Do you or did you spend money you don’t have?
    Are there services you pay for that you don’t really need?
    Do you need more things? More stuff?
    Do you already have a bunch of stuff – perhaps in storage that you pay for?

    Is there an imbalance in your finances in favor of accumulating money?

    Is there and imbalance in your finances in favor of using money?
    Not so good.

    If you’re headed toward a cliff and you keep walking, you will eventually fall off.
    If you’re headed toward a mountaintop and you keep walking, you will eventually get to the top.

    You don’t have to be going fast to make either of these happen, but making your list or chart will help raise you up high enough to see where you are currently headed.

    If what you see is good, keep going.
    If what you see is not good, don’t panic.
    Just change direction.
    Maybe even just a little adjustment is all it would take.

    The world is big and it is round.
    You won’t fall off.

  • Crisis & Breakthrough

    June 25, 2009

    Point B

    I have heard that when you are having a crisis you are on the threshold of a breakthrough.

    Crisis is a good time to clean up and get organized. Get rid of all the clutter. Clear the way and lighten your load so when you have your epiphany you are ready to roll.

    It is amazing what we accumulate over time. It is even more amazing how we are programmed to get even more stuff even while we are trying to unload! That doesn’t make sense.

    We collect so much crap for a rainy day. It should be no surprise to discover that the encumbrance of all that crap actually makes our rainy day.

    Somehow, no matter what our day is like, we always have all that we need to make it through the day.

    It was TV and commercial media that caused us to think otherwise. Even the purveyors of knowledge to achieve abundance are guilty of setting up feeding frenzies, panics that suggest that solutions are in short supply and we must act now or suffer eternal loss. (If that were true, they would be out of business from one successful seminar or sales pitch to the next since the supply and the window of opportunity was past. It never is. It is right there for the  next pitch.)

    Since opportunities are always recurring, they are really saying that any time is a good time to make a change and that now is  better than later because now they have your attention and have swayed your mindset and later you could be back asleep drifting through your life instead of making the most of it.

    It takes a leap of faith to jump before you feel you have examined every possible ramification of that action, but imagine how you traverse a crowded space, let’s say Grand Central Station at rush hour.

    You stand high on a landing and look across a sea of people. Your goal is the opposite side of the vast station.

    You notice a construction zone blocked off in one area. You notice people moving in streams. You assess all htat you see from this general vantage point and then start down the stairs to embark on your journey across the chaotic sea in constant flux.

    Sometimes you move forward quickly, sometimes you bump into people. Your path is anything but a straight line, but you weave your way across the space and eventually come close to your goal. A few more corrections and you are there.

    There is no way you could have foreseen all the details, encounters and adjustments you would actually make once you were under way, but you had a target, you kept the vision of your target in your mind as you proceeded and you continued until your goal was met.

    You boarded your train on the far side of the station, took a seat and gave no further thought to the magic of how you and thousands of other people navigated through and among each other, each to get where you wanted to go.

    The person sitting next to you on the train was someone you saw on the same landing where both of you began your journey. They went an entirely different way than you to cross the station and yet, here you are, both together again on the fast train to your next destinations.

    sometimes we think too much. We get bogged down in the details. There are really only a few very basic principles that need to be considered in order to achieve anything:

    1.) You must choose a target, a goal.

    People who climb the biggest mountains in the world have incremental goals. They don’t just fly to Tibet and climb to the top of Everest. They learn. They train. They aim for base village, then for base camp, then for the higher camps, and finally for Everest.

    Scaling your goals to your abilities helps to avoid early discouragement. However, always aim high. Push your limits. Aim for the top of the mountain. Fail at halfway up and you are still further up than when you started.

    You are now halfway across Grand Central Station. Remember your ultimate goal. Pick yourself up after a rest at the refreshment stand and proceed.

    2.) You must start. Start slowly. Start poorly. Start tired. But start.

    If you get confused or lost in the crowd, ask for help to get your bearings and proceed. If you are late and miss your train, there will be another one. It might not leave until tomorrow, but there will be another one. If you were late for this one, you will already be in place and early for the next train.

    Psycho-Cybernetics is a book that tells us how to recognize how we can cross a crowded station and place faith in and optimize that ability. You put one foot in front of the next and make minor corrections along the way.

    It’s like driving a car.If you took your hands off the steering wheel you would eventually run off the road or run into something – even on a straight road. You keep your hands on the wheel to make minor corrections as you go and eventually you get where you wanted to go.

    So, welcome your crisis. get rid of all your excess baggage. Look across the crowded station and initiate the walk toward your train.A well-chosen train can speed you forward on the next leg of your journey.


    June 20, 2009

    There are countless individuals, groups and organizations offering suggestions about success and growing your wealth and your inner self.

    All you have to do is join one group to discover how quickly you can be inundated with countless associated learning opportunities. Now, in the electronic age with email and the internet, the sale and dissemination of self-help courses, seminars and education is expanding at breakneck speed. Proven sales techniques have hundreds of gurus offering you every imaginable spin on increasing your wealth and improving your life.

    You invest in one and very soon branch out with others.It doesn’t take long to find you can have more educational emails to read every day than you ever did junk mail!

    It can become overwhelming to try to keep up with all that is offered to you.You can end up spending far more time learning how to manage your life than you actually spend managing it.

    Your new biggest challenge becomes deciding how to filter the incoming flood so you can actually find the time again to work on your own life and assess and improve your own reality.

    A big danger of all this learning is that it is easy to become so obsessed with it that it becomes and escape from your own situation, and while the answers being provided seem self-evident in the mood of the classroom, they are often inappropriate, untimely or difficult to understand in how to actually apply them to your own reality.

    This can cause you to think you missed something or misunderstood something in the lesson and so you reapply yourself to the classroom with increased dedication and further neglect to act on your own situation.

    Your situation degrades as a result of your neglect and you apply yourself to your gurus with even more determination, ever increasing the downward spiral.

    This is not to say the knowledge being offered is not good, but the very nature of how much of it is available and the speed with which it can be delivered makes your biggest decision selecting and applying yourself to one mentor at a time. Especially, you should do so only to the degree that the majority of your time and attention is still dedicated to your own life.

    Once you see how similar the basis of the knowledge being provided is between the many teachers and once you recognize that most of it is information that has been available for many decades by many authors, you are less likely to worry about what you might be missing if you don’t buy into them all.

    Invest in one mentor that rings a bell with you and then close your wallet. If you find you keep spending or investing, as they say, you are on the wrong side of the equation.

    Your investment in learning should be a never-ending process, but it should always be in balance with the amount of time you spend applying that knowledge to actually living your own life.