7 Wealth Rules

 Wealth Rules : –

They are filthy , stinking rich . He has obscene amounts of money . Many people use these kinds of adjectives to describe people who are affluent .

It’s and unfortunate middle – class mentality to associate wealth with dirt or some trangressions of the law . Thinking that if someone is super rich , they must have done something wrong to amass that fortunate is the loser’s way to make themselves feel good about not being wealthy .

Many feel , I may not have so much money , but at least I have not done anything wrong . I have not hurt everyone . I have not broken any law . I have lived a clean life . This absurd righeousness actually dooms them to a life of middle – class mediocrity or worse . they make it all right for themselves to not be wealthy . You will repel anything that you consider filthy or obscene . As long as you continue looking at wealth in this way abundance will never come to you .

In Indian tradition , Goddess Laxmi Symbolizes wealth , prosperity and abundance  . If you wish to attract wealth , start by looking at wealth as Goddess and give the Goddess her rightful place . Then you will start to attract abundance.

The old , old adage ‘ Save Not where you must spend , spend not where you must save ‘ is a great place to start understanding money.

It’s really common sense , but over the years , I have found that the trouble with common sense is that it’s not quite as common as we think . it’s simply amazing how people spend their money on things they absolutely don’t need ; buying things because they are on sale or because there is some freebie along with it .

I have seen buy sub – standard washing powder because there is a bucket free along with it . They know the washing powder is not so nice , they know they don’t need the bucket . Yet they buy  .

The same people want discounts on really great products because they feel they cannot afford them . Everyone knows that having organic food is better than the usual genetically modified , pesticide and chemical – ridden junk that gets passed off as food these days .

Having good wholesome organic food gives a treamendous boost to overall health and meatal well – being of an indivisuals . People will compromise on the vitality and quality of life of  their loved ones just to save a few rupees.Big multiple of that same money go into health care later . this hidden cost that not only makes you poorer meterially but can also cause such distress to body and mind is utterly neglected .

There are many such example where you and I have been tricked into spending money in all the wrong places . Quality always comes at a price and it is always worth it . Spending money is as much an art as saving and investing it .

My parents had the habit of making envelopes and putting money in them . Is was their way of budgeting their income  . these envelopes would be labelled with various headings – Electricity . Telephones . vegetables etc and so on . for example , the entertainment envelope had run out , there would be no movies or eating out for the rest of the month for us . there was almost always moderation in everything we did .

One of the envelopes was labelled Emergency . Dad would always keep aside some money for emergencies – someone in the family falling ill , doctor’s bill , medicines , stuff like that .

Somehow , illeness plagued our home . My grandparents would keep falling ill . My Mother would be sick on and off . My siste and I would have off days . Nothing happened to Dad . I think he was too busy keeping us all in good health to have the time to fall sick .

After I did the Art of lIving series of courses , I asked Dad to throw away that envelope with emergencies written on it and replace it with another one with family Vacations written on it . If there was an emergencies we would skip the vacation to take care of the emergency . Grudgingly he did it . Amazingly , the overall health of the entire family became so much better and we went for some really cool vacation .

Two lessons from this story –

Energy follow through thought . Earn , Save and Invest money for good things , and chances are good things will happens to you .

Live within your mean . I cannot stress this one enough . Don’t Ever spend more than you earn. It’s great feeling to be debt – free !

One of the biggest secrets of attracting wealth is to donate a part of it to charity . When wealth is shared with people who are less fortunate , their blessing to you bring you even more money . Make sure you give a percentage of whatever you earn to those less fortunate than you are . Don’t wait till you are earning lots of money . Even If you only source of income is just the pocket money from your parents , make a habit of giving away a little bit from it.

The ability to give is the signature of being rich . Only a person who feels have enough can share with others .

A very few thing you can do to create abundance :

Keep a specific place for wealth in your home . A safe or a locker in a cupboard works well . Keep that place neat and clean . The goddess will not make her home in a dirty place .

If you have a wallet or a purse to carry money , make sure it is not torn or damaged . You don’t want to carry a Goddess in a stinky old wallet .

Don’t leave loose change or currency notes all around the house have a bowl where people  in the house can deposit their change .

Be in the company of the people who respect wealth . If people around you squander their money on meaningless things , you will have a tendency to do so too.

Never ever use derogatory words like flithy , stinking obscene etc , to describe prosperity .

Stinginess and amazing wealth doesn’t work either . you cannot cage up the Goddess . You may be very rich , but you and the people around you will not be happy . And you will have missed the point of wealth . Wealth is never an end : it is always a means to an end.

One of the key difference between people who are rich and those who are not is that while rich people invest money , the others save money .

Saving money will never create more money . Given inflation and rates of interest in most banks , some fairly simple mathematics will reveal that if you save money , you are actually loosing money and become  poorer every year .

Investing money is far more intelligent . How to invest and where is totally beyond the scope of this book and my experience , there are many books that will teach you you how to do that and I encourage you to read them to learn  how to grow your wealth.

A few possibly naïve words of cautions .

Don’t let greed your overshadow you common sense . If somethings is too good to betray  , it usually is . Don’t get caught up in anything  that promises quick money . It simply doesn’t exist . 

For those thinking of the share market , keep these two basic things in mind .

1. Never put into the share market what you are not willing to loose .

Share market is a device to take wealth from the impatient people and give it to the patient ones . Time and compound interest  are your biggest allies in the game of growing wealth .

If you consider that good health , love education , the ability to meditate , fantastic friends , respect , a great upbringing etc . are also contributors to your wealth , you will realize that you are much richer than you ever thought you were . Abundance begets abundance . Gratitude for all that you have and forbearance to wait and work for all that you want will make you very , very rich indeed .