What it really takes to become educated about money!(3)

This is the 3rd installment of a 5 part series on Financial Education. Before reading on you might like to read the introduction here.

Your level of financial education affects your quality of life significantly. Not knowing how money and finance works, how to deal with money, how to grow money with ease can affect your ability to provide for yourself and family.  The reason most people will never generate lots of money with ease is simply because they spend their lives working for money, rather than making a commitment to themselves and choosing to educate themselves about money and finance.

You have to commit to you before you can create change in your financial reality.

You also have to commit to you before you can become financially savvy and generate what you desire in life. Making a commitment to you is about the willingness to claim, own and acknowledge that you really are an infinite being with infinite choice and infinite possibilities.

So, would you consider the possibility of being an infinite being as an option? Would you be willing to give up the you that you have defined yourself as and embody and be the infinite you that you truly are?

Choosing to embody and be an infinite being is not about making yourself superior to others. It's about the awareness of who you truly are. By being the infinite being you are, you become the catalyst for a different possibility in life.

You cannot define infinite being. There is no definition of you. How many definitions of who, what, when, why, how you are and are not, do you have creating you as less than infinite?

As an infinite being you can choose to do or be anything – that’s what you’ve got to claim, own and acknowledge. Becoming financially savvy requires financial education, and financial education will open doors you never anticipated.

This blog is part 3 of a 5 part series on Financial Education created to inspire you to see your financial world in a different way and to make positive changes in your financial life.

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3 Simple Things You Can Do Right Now to develop your financial education (part 2)

This is the 2nd installment of a 5 part series on Financial Education. Before reading on you might like to read the introduction here.

There are so many misidentifications and misapplications about what financial education actually is. There are many definitions floating about, and most are referring to a knowledge and a set of skills that allow people to manage their money wisely and to function within the supply and demand of economic theory. That’s not educating yourself about money; that’s learning how to locate yourself in the financial structure of what everyone else believes reality is. This type of education carries certainty and predictability—but it doesn't create a space for the discovery of new and different possibilities.

True financial education is a process of revealing and recognizing what you are currently creating as your financial reality, where you are in your life and then acknowledging what you would like to create as your future. To educate yourself about the money you need three parts to your education:

1 Taking stock of where you are right now. This is about looking at how things really are, instead of how you would like them to be. Having a clear picture of where you are right now is the most important process to financial education. The first thing you need to do is to discover exactly where your finances are now - what your current revenue streams are, how much money you have, how much you owe, and what your net worth is.

2 Know what it costs to live your life exactly. This is not about having a budget, but you have to sit down and write out how much it costs you to live each month. You need to know your bare minimum or fixed expenses, your average or normal expenses, and your ideal expenses, allowing for some luxuries.  This process is to calculate your expenses and look at what's currently happening in your finances - how much money is currently being spent. That’s your rent, utilities, gasoline, clothes, entertainment, and other monthly expenses. Identifying what it costs you to live each month allows you to see where you’re spending money, what you’re spending on and how you’re spending it, so that you understand where your money is going

3 Knowing what you would like to create as your life and as your future and how much will it cost to create the life you desire. To create the life you desire you have to know what you want your life to be about. You have to become aware of what that life would be like for you.  Knowing what's important to you and how you want your life to be is an essential element in educating yourself about money and finance. When you know what you would like to create as your life it will be relatively easy to work out what you need to be and do different and how much wealth you need, and how much you need to generate each month to create the life you desire.

The truth is that you are the creator of everything in your life, including your financial situation. This is very good news because if you are not happy with what is showing up and since you have created it, you can uncreate and change it too! By doing these 3 tasks, you will become aware of the information you require, what you have created and what needs to change in order to achieve what you want to create as your life. 

This blog is part 2 of a 5 part series on Financial Education created to inspire you to see your financial world in a different way and to make positive changes in your financial life.

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Financial Education. Why is it so important?

Financial education is important in today’s world. Any improvement in financial education will have a profound impact on your ability to generate abundant wealth and create a sustainable future. 

Setting yourself up for a sustainable financial reality starts with you becoming educated about money. Financial education is your best investment. The sooner you get it, the more it’ll be worth to you. It will help you improve the quality of your life and create a more sustainable future for you and the planet.

Whether you have a lot of money or a little money, a lack of financial education can prevent you from being generative with your money. Without financial education, you will be living in a constant state of destruction of your financial reality. Ultimately, if you don’t know what to do with the money you have, it will be gone.

It is never too early or too late to improve your financial education. You don’t have to live in a constant state of financial destruction, there is a different choice. You have to be willing to acquire knowledge and skill to become more creative and generative with your money and finance. The truth is, financial awareness is an essential skill you must develop if you desire to build wealth and become financially independent. There’s no alternative. If you want to be wealthy, you must become educated about money and finance.

Financial education is the process of becoming aware of the connection between your personal finance, the way money works in this reality and the economy at large. With financial awareness, you are able to harness these three factors to your personal advantage and allow this reality to work for you. All you need to know right now is that if you don’t have knowledge or skill to be generative with your money and finance, there is a different option available.

It’s entirely possible to turn your financial situation around and create something truly amazing. When you choose to improve your financial education to the point where you are aware enough to create change in yourself, you will increase the possibility of changing your whole financial life.

You are the source for creating the change in your financial reality you desire. But you have to be willing to be this.  All it takes is for you to choose to become educated about money and finance.

This blog is the introduction to a 5 part series on Financial Education created to inspire you to see your financial world in a different way and to make positive changes in your financial life..... Read more at Part II – 3 Simple Things You Can Do Right Now to develop your financial education

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What's keeping you from being abundantly wealthy?

Do you know what's keeping you from being abundantly wealthy? What if your present financial reality is a byproduct of the choices you have made and your limiting points of view about money?

Our own viewpoints and attitudes are the most powerful influencers in our life.

Your points of view and your beliefs about money influence every choice, because your points of view define and confine who you are being, how you act, and what you will create as your future possibilities. You create your financial reality by the choices you make.

“I am not what happened to me, I am what I choose to become” …. Carl Jung

Are you willing to entertain the possibility that being abundantly wealthy is truly possible for you right here, right now? If not, why?

What if the only thing that is keeping you from being abundantly wealthy is your point of view about money and about yourself in regard to money and financial freedom? In many cases it is simply a judgment you have about money and about yourself in regards to money.

Your reality is the way you perceive and feel about yourself at any point in time. Your points of view are the things that lock you in your reality and are the basis upon which your life is created. Your own viewpoints and attitudes are the most powerful influencers in your life.

The way you think and feel about money and wealth and the way you think about yourself in regards to money and wealth are the crucial factor in determining how much you ultimately have.  If you don’t believe that you have abilities and competencies to generate money and wealth, you won’t be creating a new possibility.

Your points of view about money can have dynamic impacts on how much money you will be able to create and keep in this lifetime. So, your points of view ultimately determine your financial state.

Money is a reflection of your point of view and your choices. Do you think that it is possible for you to become exuberantly wealthy and abundant?

Becoming abundantly wealthy starts with you

Becoming abundantly wealthy starts with you. You must truly believe and trust that it is possible for you to become wealthy. You must be willing to perceive, know, be, and receive that you are abundantly wealthy. Soon the conditions of your life will transform to resonate with your new level of perception, point of view and consciousness. 

Your beliefs about money determine how you generate it, relate to it, use it, and spend it.

Since your points of view create your reality, you can create an even better financial reality for yourself by choosing to let go of your scarcity and lack points of view and cultivate limitless possibility points of view.

 
 

Take a conscious look at the life and the reality you have created. Be aware of the points of view, assumptions and limiting beliefs you function from in life.

  • How do you see the world you live in?
  • Is life enjoyable, satisfying, and exciting or harsh and lackluster?
  • Do you believe that you can ever be wealthy?

Each of us will answer these questions in a slightly different way according to our own personal experiences and beliefs.  These questions will assist you to be aware of your points of view that are limiting you. 

Are you willing to destroy the limitation that you have created?

Have you been overpowered by the mystery of money? 

It's easy to be swayed by people who tell you that the idea that you could become a multi-millionaire is absolutely outside of your reality and could never happen. Particularly if you cannot imagine having a large amount of money and you do not have wealth awareness in your current reality.  So, if you accept this assumption, you will continue to create your financial reality from within the confinement of your known reality, which is under the influence of the mystery of money.  

 
 

One commonality amongst people who are dominated by the mystery of money is that they don't choose to go beyond their own perceived reality on what they think is possible. If you are influenced by the same points of view and programs, you undermine your ability to create wealth. Essentially, the ability to create different possibilities disappears when you allow yourself to be overpowered by the mystery of money.

What if the reason you struggle financially and are unable to create the life you desire is because you don't know that you have been overpowered by the mystery of money? 

You do not have to take this path, there is another option. If you would like to generate new possibilities you have to be willing to destroy and uncreate the myth and the illusion you have accepted as true. You have to be willing to change the points of view and beliefs that keep you being overpowered by the mystery of money or nothing will change in your life.

All you have to do is acknowledge that the mystery of money is whatever you have made mysterious. This is your own creation. If you can reduce what you don't know about money, your ability to become truly wealthy and generative with money can be significantly increased.  The question is not 'Have you given your power away?' the question is 'What is it going to take for you to get it back?'

Whatever we think is real becomes our reality

Many people today are struggling financially because they do not understand the most elementary basics of money and how money works.

The myths and false impressions about money are everywhere. For most of us, money is a mystery. This is not at all surprising since we are bombarded with a lot of misinformation about money that is simply not true.  We buy into them, and then at some point we give up our awareness in order to buy the rightness of this common viewpoint.  Unfortunately, many of the biggest money myths people believe are usually taken as truth and real.   Whatever we think is real becomes our reality.

 
 

Our points of view and beliefs have the power to make us wealthy or make us poor. Do you see that if you look at money from a point of view that isn't true, you will not be able to create and generate money with ease and comfort?  Also, if you are constantly focusing on things such as problems, trauma and upheaval, you repel abundance. What you focus on is what you get.

What would it be like to no longer look at money from a point of view that isn't true?

Money is actually easy to attract.

Money is actually easy to attract. There is an abundance of money and resources—a never-ending supply. It is only unwillingness to receive that makes these things hard to obtain.

We have learned from discussions we have had with clients, colleagues, and workshop participants from around the world that many people have fixed points of view and negative beliefs about money. The fixed points of view and the beliefs have different story lines, but their effects and consequences are always the same: they prevent money from flowing effortlessly through your life and your business. We have discovered that money is never the problem. The problem is our unwillingness to receive, which is a by-product of the way we think about money or about ourselves.

In order to create any kind of limitation,  you have to cut off your receiving.

It is only what you have decided you cannot receive that limits what you can have in life. We have learned that if anything in our lives is not working, it is because we are unwilling to perceive, know, be, or receive something. When we notice that we feel limited, we make it a practice to become more receptive and vigilant. We catch ourselves in the act of resisting or reacting to something and ask ourselves this question: What am I unwilling to receive here?

Asking ourselves, “What am I unwilling to receive here?” has allowed us to become more aware of our fixed points of view about our reality and how wealth can be created.