Financial Protection

Financial Protection

The Levels of Financial Freedom

Financial Protection

Security

Freedom

Absolute freedom

1 Financial Protection

  • The Financial Protection covers your minimum cost of living (food, rent, health insurance, transport, information e.g. € 1,500) for 3-6 months, depending on your well-being = € 4,500-9,000
  • Investment type: immediately available, cash, checking account, overnight money,
  • This money shall never be touched, the best thing is, give it to a friend, so that you need to ask someone to release it – in an urgent emergency only.

The goal of Financial Protection:

This solves 95% of all financial problems!

2 Financial Security

  • Pays minimum living expenses from the interest
  • Example calculation: 120 * you monthly living expenses of 1,500 € = 180,000 € (= 20 to 40 times of your financial protection)
  • Investment style: relatively safe long-term investments, ETFs with an average long-term profit expectation of 8% per year

Goal: If all earnings break away, you can survive on it maintaining a frugal lifestyle.

https://vitality4happiness.com/frugal-meaning/

3 Financial freedom

  • Pay your dreams from the interest
  • For example 120 * of the monthly costs of a good lifestyle for € 3,000 a month = € 360,000 (= 40 to 80 times of your financial protection)
  • Investment style: diversified, relatively secure long-term investments, ETFs with a profit expectation of 8-12% per year. Only the profits that go beyond your private withdrawal are invested in assets with higher profit expectations (and risk) of 12-15% per year.

Goal: You work because you chose too, not because you have too. If all other income breaks away, you can live comfortably on a high standard on the interest of your assets, without touching the substance of your assets.

4 Absolute Financial Freedom

  • Pay your utopian dreams from the interest
  • Example: 80 * the monthly costs of your good dream life for € 15,000 a month = € 12,000,000 (= 300 to 600 times of your financial protection)
  • Investment form: Investments with higher profit expectations of 15-20% per year and only from their profits short-term transactions with an even higher chance of over 20%. In return, you can get over the associated risk.

Goal: You can live an extravagant life in pure luxury on less than the interest of your assets, without touching the substance. So you are free to contribute substantially for charity.

What does it take?

Only after the money for financial protection is put aside, what is leftover gets saved for financial security. And only when this is achieved, additional money is used to save for freedom. Finally, what is leftover now, gets invested for absolute freedom.

How to achieve your financial protection and beyond?

Discipline?

This works well for a short time, but discipline alone always fails in the long run.

You need pain and pleasure!

With a monthly overview of your assets and their growth, you can get the fun you need. If things go wrong, you have to make painful swabs somewhere and commit yourself to them. Have someone else watch over you, who has the authority to “torture you”. And chose someone who is not a friend, rather a coach or mentor. Because friends are willing to let you get away without discipline, just to maintain your friendship.

Mentoring

Are you feeling bad if collecting money beyond your financial protection?

This is a common problem, what sabotages your growth! Noone ever got enlightened when he had to fight for his daily survival. Living security or even freedom gives you all the time and lets you focus on your spiritual development.

The solution is so simple

Make it a habit to contribute a part of your income to charity. Right from the beginning of your journey to financial security. It is not about the amount (for the effect it does to you – it makes of cause a difference to the organization you are donating for). It is to establish a habit to show your gratitude for it. Donate a certain percentage like 1, 2, 5, of 10% of your income, right after you got your paycheck! If you are donating, you feel good about the money you save for your financial security and far, far, far beyond!

Like Heat Turns Ice Into Water,
Gratitude Turns Fear Into Abundance!

Vital and happy regards
Klaus Forster

The Law of Giving and Receiving For Entrepreneurs

Law of Giving For Confeneurs = Conscious Female Entrepreneurs

What is the meaning of the Law of Giving And Receiving

for Confeneurs = Conscious Female Entrepreneurs?

The Law of Giving and Receiving For Entrepreneurs

This audio is, to understand the concept of Giving And Receiving for Entrepreneurs better. So, listen to this passage from Deepak Chopra’s Book the 7 Spiritual Laws of Success.

The simplified Law of Giving and Receiving for Conscious Female Entrepreneurs is to understand that the primary mission of a company is

  • to GIVE services to customers
  • and not to make money, it is a result of that,
  • to be able to improve the products and services,
  • in order to serve customers even better in the future.
  • That it is good to RECIEVE and earn much, to keep the energy flowing,
  • and to be able to GIVE some of it to charity.

To apply the Law of Giving as an Entrepreneur best possible, you need to

Think positive about earnings and the flow of money

In most cultures, there are many negative believes about money and business. People assume the news as a representative source of information. But they are not! In fact, the bad news is selling better. That’s why you get to acknowledge the cases of corruption, bad business habits, scandals in enterprises, how companies make their customers addicted, tens of times more often than about the good ones. Even if there are tens of times more good companies out there than bad ones! So, not even 1% of the businesses are responsible for all of the bad news!

There are plenty of movies, for example, Super Size. It reports, how sick one becomes from eating only at McDonald’s 3 times a day. But there are no movies about how much money Bill Gates did put in charity. Actually, he and many other extraordinarily successful entrepreneurs gave the majority of their assets to charity! Hardly anyone would watch the movies with positive examples. So reports about such positive examples are rare, very rare. To run your business successful you need to

Identify and eliminate negative beliefs

Now it is time to have a look and do some research, which brain damage that kind of bad news already did to you. And wich beliefs it created. To do so, have a look at Self Limiting Beliefs – How to Overcome a Self-Limiting Belief.

Self Limiting Beliefs – How to Overcome a Self Limiting Belief

 

Now, return to Task 9

 

Resources for Confeneurs about the Law of Giving and Receiving

Free downloads of the 7 Spiritual Laws of Success are available from:

Pure Potentiality For Confeneurs = Conscious Female Entrepreneurs

What is the meaning of the Law of Pure Potentiality

for Confeneurs = Conscious Female Entrepreneurs?

Pure Potentiality For Entrepreneurs

This audio is, to understand the concept of Pure Potentiality for Entrepreneurs better. So, listen to this passage from Deepak Chopra’s Book the 7 Spiritual Laws of Success.

The simplified Law of Pure Potentiality for Conscious Female Entrepreneurs is

  • Anything you can imagine already exists
  • You can create anything, that you can imagine
  • The more you can imagine, the more you will achieve

To apply Pure Potentiality as an Entrepreneur best possible, you need to

Train, stretch and relax your imaginary capabilities

Even if money is not everything, it is a good example to train with. Just because, the results are so easily measurable. That’s why, train and stretch, for example, your mindset about money to extend what you can imagine. To do so, have a look at the Mindset About Money.

Money Meditation – Mindset About Money

Now, return to Task 8

Resources for Confeneurs about the Law of Pure Potentiality

Free downloads of the 7 Spiritual Laws of Success are available from:

Financial Protection

Money Meditation – Mindset About Money

How to get a beneficial mindset about money

Build a basis for your wealth

There are 3 factors about your mindset about money that influence your financial situation:
1. Mindset – which may be changed by a money meditation
2. Strategy – your plan to manage it
3. Actions – what you actually do about it

Mindset about moneyIf you want to change your financial situation you need to master all 3 disciplines. But your mindset has the biggest influence, about 60 to 70%! The actions you take, have the lowest influence, about 10 to 20% and this is where most people spent the most attention to. But as long as they have a fixed mindset or false belief about money, they will sabotage their actions. Due to that, let’s start with the mindset.

If you read the article “Escape“, you may remember that you can believe what you want and that everything you believe is your truth: So whenever you think “money is the problem”, it is your truth that money is the problem! I think this is not a very beneficial belief for anyone.
Whenever you think “money is the solution”, money is no problem anymore. I consider this a much more beneficial belief or mindset. So let’s take a little step today moving in this direction.

Your individual truth

Everybody believes something different, so everyone got his own truth. This is due to your individual perspective, culture, education, experiences, likes, and dislikes. Some of our beliefs help us and with some of our beliefs we limit ourselves.

So the questions are:

  • How do I recognize a belief which is not beneficial?
    Each belief that shows us, that we don’t love money limits us in getting our finances sorted out.
  • How can we change our mindset (what we believe) into something which is more beneficial for us?
    There are 3 ways to change what we believe:
  1. Stories that show the opposite of what I’m currently believing and that draw the picture from a different perspective. This is what I am doing when I’m sending you a link to one of the videos.
  2. Incantations, I will come back to that later, because this is the easiest way, to do it by yourself.
  3. Money meditation with an NLP-process, which is similar to a guided money meditation. NLP stands for Neuro-Linguistic Programming. You find an example below, which is about changing your mindset about money. It shall help you to imagine your blooming and wealthy future. The best time to listen to it is before you fall asleep, and if you are falling asleep during listening, it doesn’t matter, just listen to it tomorrow and the day after again and again, enjoy!

Enjoy this Money Meditation

Source of this Money Meditation: YouTube

You might want to listen to it with headphones for better concentration.

Now Return to Day 8 of Your Abundance Challenge – The Law of Pure Potentiality

Day 8 for Your Abundance Challenge – Law of Pure Potentiality

Vital and happy regards
4ster.de

Financial Protection

Day 8 for Your Abundance Challenge – Law of Pure Potentiality

DAY 8: Law of Pure Potentiality

First of all, let’s get a better understanding about the Law of Pure Potentiality.

Pure Potentiality For Confeneurs = Conscious Female Entrepreneurs

Today is the day for the shopping queen in you! So, let’s think about money. To be prepared, get some inspiration form this blog. After that, return to this page to continue with task 8:

Money Meditation – Mindset About Money

Task 8:

Find at least 5 receipts or invoices in which you have invested in yourself, and write about each one:

EVERYTHING THAT I HAVE INVESTED ON MY NAME
IT WILL RETURN TO ME MULTIPLIED 7 TIMES.

Receipts of any kind:

  • supermarket,
  • restaurant,
  • personal items,
  • car expenses,
  • health,
  • hairdresser,
  • travel,
  • etc.

From now on, whatever you buy, write on the receipt, the invoice, or bill this statement:

EVERYTHING THAT I HAVE INVESTED ON MY NAME
IT WILL RETURN TO ME MULTIPLIED 7 TIMES.

Remember that words have power!

And finally, write down 5 things you are grateful for:

  1. I am grateful for …, because …
  2. I am grateful for …, because …
  3. And I am grateful for …, because …
  4. Further, I am grateful for …, because …
  5. Finally, I am grateful for …, because …

The Abundance Challenge task of today must be done by this time tomorrow!

Confirm that you finished your task of today - Click HERE

Confirm that you finished your task of today – Click HERE

Vital and happy regards
Klaus Forster

Remember to post in the group or the Comments below: DONE

or for the task.

Finally, here comes your Law of Pure Potentiality meditation for your participation:

Deepak Chopra: Meditation Challenge – Day 8 – Law of Pure Potentiality