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Dr. Kalinda Rose Stevenson
Awareness Is The Secret Weapon Of Abundance
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The Power of Awareness
1. What Is Your Current Financial Reality?
According to Robert Fritz, the essential second step in the creative process to analyze where you are right now. Fritz says that setting your goal is the easy part of creating. The hardest part is to accurately assess current reality. He claims that this is the primary reason that people fail to create what they desire.
For example, if you set out to travel to Hawaii, it is critical to know where you are when you start. The route to Hawaii is dramatically different if you are in Tokyo rather than Topeka.
In addition to your desire to create financial abundance, you also need to have an accurate assessment of your current income, expenses, liabilities, and assets.
“The best advice about money is only three words: Get it handled!”
T. Harv Eker, Speedwealth
2. Doing What Most People Do
Successful people often claim that the secret to success is to observe what most people do and do the opposite. If we apply this criterion to awareness of our financial lives, the question is, What do most people do?
Women especially have been taught to be unaware. How many old movies include a man telling a woman, “Don’t worry your pretty little head about money?”
I was in a shop in Carmel, California once, waiting to pay for a ceramic tile of a dolphin to hang on the sofit in my kitchen.
Another customer was ahead of me. She handed over a credit card. That card was declined. She handed over a second credit card. That card was also declined. She handed over a third card. That one was approved, to the relief of everyone watching. The woman signed her name on the slip. The clerk handed her the paper, and she tossed it down on the counter, saying, “I don’t need it.”
I remember the astonished look on the clerk’s face. This is a woman who doesn’t know where she stands, and probably has a husband or sugar daddy paying the bills for her.
I also remember a good friend whose husband left her for another woman. When my friend got around to checking her bank accounts, she found out that her husband had taken all the money. She was also a woman who didn’t know where she stood, until it was too late to protect her own assets.
It is also a sad reality of life that legions of widows are left with shoe boxes full of receipts and no knowledge of what to do with money.
3. Electronic Banking and Financial Awareness.
Although I can’t prove it, I see a direct correlation between increased personal debt and growing reliance on electronic banking. The more banks make it easy for us to conduct our financial lives electronically, the less aware we become of our current economic reality while we plunge deeper and deeper into debt
4. Two Benefits of Financial Awareness.
There are two positive benefits to being aware of your own current financial reality.
The first is that knowing where you stand saves you from unwanted emotional and financial consequences. Perhaps you know what it feels like to hand over a credit card with your fingers crossed, because you don’t know how close you are to your credit limit.
Financial awareness simply costs less than unawareness. You pay fees and penalties to bounce checks and send in late payments. You end up with higher interest rates and lower credit scores, which can affect your ability to get additional credit.
A second benefit of financial awareness might not be as obvious. Knowing where you stand can be very encouraging.
Businesses create profit and loss statements to give a complete financial picture. If all you do is look your expenses and liabilities, you can be easily discouraged. You get a more complete picture by including your assets as well as your liabilities. You might find that you are closer than you think to creating financial abundance.
This article was originally published October 12, 2004.
http://www.abundantlyalivenow.com/archive/AANN-2004-10-12.htm
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© 2004 Kalinda Rose Stevenson, Ph.D.
Debt or Alive, Inc.
2248 Meridian Blvd. Suite H
Minden, NV 89423
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