The Secret of a Lifetime of Financial Security - Michael Neill
THE SECRET OF A LIFETIME OF FINANCIAL SECURITY
"Security does not exist in nature, nor do the children of menas a whole experience it. Avoiding danger is no safer in thelong run than exposure... Life is either a daring adventure ornothing."-Helen Keller
When I first began working with high income/high net-worthclients, I was surprised that money came up so frequently as anissue. Men and women with hundreds of millions of dollars inthe bank were dealing with the same kinds of fears and concernsaround money as the people I knew with no money in the bank and no income to speak of.
I would often hear phrases like:
-"I don't want to, but I need the money."-"With the economy the way it is, I don't kow how I'm going toever be able to retire."-"I have to worry - otherwise I might lose it all!"
Apparently, having a high-income or a huge bank balance had little or no impact on feeling secure about money. Tounderstand what does lead to financial security, imagine thisscenario:
You live in a cold climate. Your partner asks you to put somemore wood on the fire, but when you look in the woodpile it'salmost empty. What do you next?
Well, if you're like most people, you either go out back and chop up some more or drive down to the nearest shop and buysome. In fact, you get plenty of extra so the next time youwant to build a fire you don't have to go back out unless youwant to.
Now, imagine this scenario:
You live wherever it is that you live. Your partner asks you if there's enough money to go on vacation this year, but when youlook in the bank account it's almost empty. What do you next?
Well, if you're like most people, you panic. You either make up excuses as to why you can't go on vacation or lay down the lawabout why vacations are overrated and a waste of money anyways.Secretly, you feel a bit of a failure and resent the heck out of your partner for wanting to go in the first place (eventhough you'd love to get away as well). Perhaps you vow toyourself to work harder, or find a better paying job or less demanding partner.
What's the difference between the two scenarios?
In the first, you recognize that wood is just a commodity -something you need from time to time for a specific purpose andis easy enough to get more of with a little bit of effort.
In the second, you are acting as if money is in some way magical- something you always need more of and would make yourproblems magically disappear if only you could somehow getenough of it.
But what if money was just a commodity too - something you need from time to time for a specific purpose and is easy enough toget more of with a little bit of effort?
If money was just a commodity, you wouldn't panic when you were running low - you'd simply go out and get more of it wheneveryou had something you wanted to buy. You might even get plentyof extra so the next time you want to buy something or gos omewhere you don't have to go back out unless you want to.
And herein we can discover the secret of financial security:
*Financial security does not come from the amount of money you currently have - it comes from your belief in your ability toget more of it whenever you want
The fact is, money and wood (and metal and pork bellies) ARE just commodities. The difference between them is you buy woodwith money, and you "buy" money with service.
So putting it all together, we have the secret to a lifetime offinancial security:
*Master the art of serving others and you will secure your financial future
Read today's experiment for some ideas about how you can begin creating a lifetime of financial security in the next 24hours...
--------------------Today's Experiment:--------------------
1. Who do you currently serve with your work? In other words,who benefits from what you do? What value do you (and yourwork) create in the lives of others?
Examples:*I'm a plumber - my work benefits my clients, the company who sends me out, and my family. I fix leaky pipes and faultyplumbing, but more than that, I help people have hot showers andwarm radiators in the winter and cool air conditioning and clean tap water in the summer.
*I'm an artist - my work benefits the people who see it, thepeople who buy it, and the galleries and websites which displayit. The value I create with my art is to bring a sense ofbeauty and aliveness into the lives of the people who view my art.
2. Who else could you serve? What additional differences COULD you make in their lives?
*As a plumber, I can be of service to not only anyone who lives in a house or apartment building but also to companies and eventhe city I live in. Perhaps there's some way I could be ofservice to the local utilities companies and the hardware stores where people go to try and fix their own plumbing problems.
I could offer DIY tips to my customers so that when it's a small problem they can save money by doing it themselves. If I got abit more disciplined about showing up on time and alwaysphoning if there was going to be a delay, I could add "reliability" to my list of services and "peace of mind" to thelist of benefits I offer. When it's real, people will always pay a premium for that.
*As an artist, I could get my art in front of more people -perhaps offering to loan or even give paintings to hospitals andcorporations where people could really benefit from theinspiration and beauty.
I could offer classes in art appreciation, maybe even in conjunction with the local museum or library. Not only wouldpeople benefit by being able to see more of the subtle nuances that make great art great, those that did buy my art would get even more value from owning it. Also, people who buy art as aninvestment would be able to become more discerning and makebetter choices about what they bought (and didn't buy) in the future.
3. Here's a question I taught to my friend Paul McKenna that he included in his new book "I Can Make You Rich":
"If you woke up one morning in a place where you knew no one, with $100 in your pocket, how long would it take you to double your money and how would you do it?"
Once you've answered that question, how long would it take you to double it again (and how would you do it?) And again? Andagain?
The more answers you can come up with, the more your financial future is secured.
Take no less than 5 and no more than 15 minutes each day this week to ask and answer each of these questions for yourself. AsThomas Edison said, "When you have exhausted all possibilities,remember this - you haven't."
Have fun, learn heaps, and happy exploring!
With love, michael
PS - When I first did the Abundance Course in 2003, my income jumped from 5 figures to 6 figures in less than a month. Whilenot everyone gets those kinds of results that quickly, it'ssurprising how many people actually do. There will be only two Abundance Courses taught in the UK and Europe this year, andI've arranged a 10% discount for readers of the tip who want toattend. (They offered to pay me commission but I asked them to pass the savings on to you instead.)
If you're ready to breakthrough your blocks to creatingfinancial abundance and security in your life, go to:http://releasetechnique.com/live_classes/index.htm
When booking, tell them you heard about it from Michael Neill to receive your discount!
http://www.geniuscatalyst.com/
"Security does not exist in nature, nor do the children of menas a whole experience it. Avoiding danger is no safer in thelong run than exposure... Life is either a daring adventure ornothing."-Helen Keller
When I first began working with high income/high net-worthclients, I was surprised that money came up so frequently as anissue. Men and women with hundreds of millions of dollars inthe bank were dealing with the same kinds of fears and concernsaround money as the people I knew with no money in the bank and no income to speak of.
I would often hear phrases like:
-"I don't want to, but I need the money."-"With the economy the way it is, I don't kow how I'm going toever be able to retire."-"I have to worry - otherwise I might lose it all!"
Apparently, having a high-income or a huge bank balance had little or no impact on feeling secure about money. Tounderstand what does lead to financial security, imagine thisscenario:
You live in a cold climate. Your partner asks you to put somemore wood on the fire, but when you look in the woodpile it'salmost empty. What do you next?
Well, if you're like most people, you either go out back and chop up some more or drive down to the nearest shop and buysome. In fact, you get plenty of extra so the next time youwant to build a fire you don't have to go back out unless youwant to.
Now, imagine this scenario:
You live wherever it is that you live. Your partner asks you if there's enough money to go on vacation this year, but when youlook in the bank account it's almost empty. What do you next?
Well, if you're like most people, you panic. You either make up excuses as to why you can't go on vacation or lay down the lawabout why vacations are overrated and a waste of money anyways.Secretly, you feel a bit of a failure and resent the heck out of your partner for wanting to go in the first place (eventhough you'd love to get away as well). Perhaps you vow toyourself to work harder, or find a better paying job or less demanding partner.
What's the difference between the two scenarios?
In the first, you recognize that wood is just a commodity -something you need from time to time for a specific purpose andis easy enough to get more of with a little bit of effort.
In the second, you are acting as if money is in some way magical- something you always need more of and would make yourproblems magically disappear if only you could somehow getenough of it.
But what if money was just a commodity too - something you need from time to time for a specific purpose and is easy enough toget more of with a little bit of effort?
If money was just a commodity, you wouldn't panic when you were running low - you'd simply go out and get more of it wheneveryou had something you wanted to buy. You might even get plentyof extra so the next time you want to buy something or gos omewhere you don't have to go back out unless you want to.
And herein we can discover the secret of financial security:
*Financial security does not come from the amount of money you currently have - it comes from your belief in your ability toget more of it whenever you want
The fact is, money and wood (and metal and pork bellies) ARE just commodities. The difference between them is you buy woodwith money, and you "buy" money with service.
So putting it all together, we have the secret to a lifetime offinancial security:
*Master the art of serving others and you will secure your financial future
Read today's experiment for some ideas about how you can begin creating a lifetime of financial security in the next 24hours...
--------------------Today's Experiment:--------------------
1. Who do you currently serve with your work? In other words,who benefits from what you do? What value do you (and yourwork) create in the lives of others?
Examples:*I'm a plumber - my work benefits my clients, the company who sends me out, and my family. I fix leaky pipes and faultyplumbing, but more than that, I help people have hot showers andwarm radiators in the winter and cool air conditioning and clean tap water in the summer.
*I'm an artist - my work benefits the people who see it, thepeople who buy it, and the galleries and websites which displayit. The value I create with my art is to bring a sense ofbeauty and aliveness into the lives of the people who view my art.
2. Who else could you serve? What additional differences COULD you make in their lives?
*As a plumber, I can be of service to not only anyone who lives in a house or apartment building but also to companies and eventhe city I live in. Perhaps there's some way I could be ofservice to the local utilities companies and the hardware stores where people go to try and fix their own plumbing problems.
I could offer DIY tips to my customers so that when it's a small problem they can save money by doing it themselves. If I got abit more disciplined about showing up on time and alwaysphoning if there was going to be a delay, I could add "reliability" to my list of services and "peace of mind" to thelist of benefits I offer. When it's real, people will always pay a premium for that.
*As an artist, I could get my art in front of more people -perhaps offering to loan or even give paintings to hospitals andcorporations where people could really benefit from theinspiration and beauty.
I could offer classes in art appreciation, maybe even in conjunction with the local museum or library. Not only wouldpeople benefit by being able to see more of the subtle nuances that make great art great, those that did buy my art would get even more value from owning it. Also, people who buy art as aninvestment would be able to become more discerning and makebetter choices about what they bought (and didn't buy) in the future.
3. Here's a question I taught to my friend Paul McKenna that he included in his new book "I Can Make You Rich":
"If you woke up one morning in a place where you knew no one, with $100 in your pocket, how long would it take you to double your money and how would you do it?"
Once you've answered that question, how long would it take you to double it again (and how would you do it?) And again? Andagain?
The more answers you can come up with, the more your financial future is secured.
Take no less than 5 and no more than 15 minutes each day this week to ask and answer each of these questions for yourself. AsThomas Edison said, "When you have exhausted all possibilities,remember this - you haven't."
Have fun, learn heaps, and happy exploring!
With love, michael
PS - When I first did the Abundance Course in 2003, my income jumped from 5 figures to 6 figures in less than a month. Whilenot everyone gets those kinds of results that quickly, it'ssurprising how many people actually do. There will be only two Abundance Courses taught in the UK and Europe this year, andI've arranged a 10% discount for readers of the tip who want toattend. (They offered to pay me commission but I asked them to pass the savings on to you instead.)
If you're ready to breakthrough your blocks to creatingfinancial abundance and security in your life, go to:http://releasetechnique.com/live_classes/index.htm
When booking, tell them you heard about it from Michael Neill to receive your discount!
http://www.geniuscatalyst.com/
posted by Chyrene Pendleton | 6:00 AM
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