Money is simply a vehicle and it allows you to translate your dreams and aspirations into forms and you can accomplish things with economics. People say money can’t buy you happiness – happiness and sadness is part of the equation of life no matter if you are impoverished or wealthy. I know some very vastly wealthy people who have happiness and sadness just like the impoverished people. But, what money does is change the opportunities in life and lifestyle that people deserve. If you go to a hamburger joint, you might get a 16-year-old kid who is flipping a hamburger, who is not inspired and needs a job and is just doing it. But, if you go to the finest restaurants on the planet, you are going to see an artist inspired about what they do and love it and they are going to put love and energy into that food like you’ve never seen before. You’ve got to ask where do you want to hang out? Do you want to hang out with the people who are not inspired and eat the food of that vibration, or hang out with the people who are making a piece of art and history with their food – where do you want to play in the game of life? I would rather surround my life with inspirations and the finest things that life has to offer, and I believe that there is enough abundance that we can do that.
This month I thought it is wise to share with you some of my answers to the questions that I have received from students regarding wealth as I believe these will assist you in taking your wealth building potential to a new level of financial return.
Q. Why do so many people never obtain financial independence?
A. I believe the primary reason is because of the hierarchy of someone’s values. The world’s values are not geared toward financial prosperity and wealth building. Many times you will find someone who’s highest value is to ensure that they have an education, or their highest value is their children, socializing or their religious beliefs, but building wealth and becoming financially independent; even though many people may say they want to be wealthy, that is not on the top of their value list. They live their life according to their value list, and they have other things stacked on top that is more important; and as such, they spend their money on those things before they ever save it. They end up paying themselves last and saving very little and end up in that percentage that doesn’t end up financially independent.
Q. Why is Money a means of exchange for services rendered?
A. When you have fair exchange with somebody, that means you are basically communicating something and offering something that is valuable to you in terms of what’s valuable to them and they appreciate that. If you give someone something and they don’t pay you, they have the guilt of not doing it, and you have the fear of not receiving it, and both of you are out of presence. But, when you have payment when services are due at the same time, it’s clean, it’s done – there’s no fear generation or guilt generation, it’s present and complete and a completed, clear mind is more powerful to create than one that is filled with fear and guilt.
Q. Does having a plan for what you want to do with money help you build wealth?
A. Imagine going into a company and asking for a job or a promotion in a position that you have no idea what you are doing – why would they give it to you? It’s the same thing with economics, studying wealth and what you are going to do with each dollar allows you to have a clear, crystallized vision of how you are going to manage it; and what you are going to do with it, and you are a lot more likely to get that opportunity, than if you had no idea what you are going to do. Why would you get anything if you didn’t have the plans and ideas on how you are going to manage it?
Q. Do you have to have money as one of the top three values if you truly want to be wealthy?
A. If you are not going to put wealth up as one of the higher values, you are not likely to manifest wealth in your life. You have to have it up on the value list if you want to manifest it. If you have ten thousand dollars coming in to you, and you’ve got building wealth as number thirty on your list of goals and values, and all of sudden you are expecting to build wealth with it, you are going to have twenty nine things that you are going to spend your money on before you ever save. So, when somebody finds that they want to be wealthy and they have it as number thirty on their list, I tell them it’s not going to happen until you have it higher up on your list. If saving is not up on the top of the list, you will never get around to saving. You will procrastinate on things that are lower on the value list, and you’ll act on the things that are higher in your value list.
Q. Why must you have a cause for wealth?
A. Wealth is going to be proportionate to your cause. The greater the cause, the greater the wealth. If you have a small cause and just want to survive and have enough money to just make ends meet, then forget wealth; you’re not going to have financial independence, you are just going to have enough food to eat. But, if you have a cause to build a park in my community and buy a piece of land and build a park for all of the kids so they don’t have to walk across the busy intersection to go to the park; now you are going to rally more energy and boost to building wealth for that cause. If you are going to build an organization for a health concern that is a city or statewide venture, you are going to build even bigger wealth. So, the size of your cause will decide your motivation and the size of the wealth that you can accumulate.
Q. Why is it essential to resolve guilt to build wealth?
A. When people don’t feel worthy, they feel guilty. They assume that they caused in the past to someone else through their motor functions – some loss without gain, or negative without positive, or pain without pleasure and they feel guilty and when they do, they lower their self worth. Thus, they don’t feel worthy of receiving things and they set up little traps and sabotaging systems to interfere with building wealth because they don’t feel a deserving level. It’s wise that if you feel guilty about something to think whom you feel guilty in relationship to. Ask yourself that whatever you did how did it serve them and you? Then, bring it back up until you feel worthy of receiving.
Q. What is an immortal savings account and why is it necessary to have one?
A. An immortal savings account is one that you save that lasts beyond, to a cause that’s bigger than you that goes on beyond your mortal life. For example, let’s say that you save enough money and become financially independent and your investment income overrides your active income from work, and then you want to create something that lasts beyond that. That is want foundations are for and if a person builds a wealth base that out does their own life, then they can contribute to something philanthropically and there’s a certain fulfillment in the ability to serve humanity. So, if a person starts an immortal account, they can actually contribute to goals that they have set even though they have passed away.
Q. How should one handle debt?
A. I like to think of debt as somebody who has already invested in you and they deserve to be thanked. People usually see their debt and get all bent out of shape and frustrated about how much they owe, but I look at it as somebody gave you money, believed in you and they are investing in your little stock market. It’s wise to take your investors and thank them for contributing to you – they’ve made it possible for you to do what you do. Then Turn debt into service and focus on the service. Don’t focus on the debt; focus on the service. Thank the debt and focus on the service. Let’s say that you owe a hundred thousand dollars and you have to pay a thousand dollars a month for it. What you do is divide that up in the number of days that you work – let’s say twenty,a month which means you have to make fifty dollars a day. Then, you divide it up into whatever products, service or idea that you are selling. Next, find out how many products, service or ideas you have to sell to make that fifty dollars and then you covert the debt into the service and concentrate that much more on your service. When you focus on converting debt into service and concentrate on serving people, the debt goes away. If you concentrate on the debt and not the service, the service goes away.
I hope that these answers help you in addressing some of your wealth building questions and remember, anything that you are infatuated with, runs you and anything that you resent, runs you. If you get elated and depressed about things, it runs you. It’s best to have strategies that override emotions. Money is made from strategies not emotions. As Warren Buffett said, ‘Until you can manage your emotions, don’t expect to manage money!
Love and wisdom
Dr. John Demartini
Dr John Demartini
Human Behavioral Specialist, Business and Performance Consultant, Internationally Published Author and Educator.