Prosper Newsletter: July 2006 > Financial
You understand that the following information is educational in nature and is not intended to be legal, accounting, or tax advice. You are responsible for your own financial decisions and should consult your own legal, accounting, and tax advisors before making your financial decisions.
Coach's Knowledge Helps To Change Standard Of Living!
I really appreciate the job you do in coaching me. The depth of your knowledge and your ability to convey to me things I can do to improve my standard of living is astounding. You have taught me to think before I spend. My cash flow has improved even as I am able to use my accelerator to pay off debt. I have already paid off one credit card and I am very close to paying off the 2nd. Because you have taught me to change my way of thinking regarding the way I handle my financial affairs, I expect to be fully out of debt by June 2009 (or sooner!). I also expect to have a savings account again, a new car, and eventually a home of my own again.
With your knowledge and help in the internet business world, I will be able to accomplish all the desires and dreams of my heart. Additionally, I expect that in the near future, I will be able to accomplish a desire close to my heart to help others in need.
I just wanted to say thank you coach, for your weekly calls of ideas and encouragement.
God Bless you!
- Jean P.
Johnson City, TN
By Andrew Smart, Personal Finance Coach
Each day I talk with students from all walks of life with varying circumstances and financial positions. Each day I teach the fundamental principles of finance and money management to aid my students in becoming successful financially. Although to be successful one must practice the fundamental principles of that, which they want to accomplish, the key to any success isn't rooted in the mechanics; the key to success is in the law of attraction. The law of attraction states that when I think it and believe it or feel it, I am creating it. This law is constantly working, whether or not we are aware of it. Because most of us aren't aware of it, the law of attraction is creating things for us on default. So what is the law of attraction?
W. Clement Stone stated, "Whatever the mind can believe it can conceive." This is the first rule of the law of attraction. Do we think we can be successful? Do we believe we can be successful? Henry Ford said, "Whether you think you can or can't, either way, you are right." There are libraries full of books on the power of a positive mental image. That only gives us part of the equation. The other half of the equation requires us to "feel" or "believe" we can be successful. Think back to basic math. 1 + 1 = 2. -1 + (-1) = -2. 1 + -1 = 0. Notice in the first equation, the numbers that are added together are both positive and the result is positive. In the second equation, both numbers are negative and the result is negative. In both equations the result is still the number 2; just one is positive and the other is negative. In the third equation, the numbers, which are added together, cancel one another out, thus leaving nothing. Just like in the math problem, if I have a positive thought and I synchronize it with a positive feeling; I have completed the circuit and begun the creative process. The same event occurs when I have a negative thought and synchronize it with a negative feeling I have also begun the creative process. When I have a positive or negative thought and its opposite feeling, then the two are canceling each other out and I don't accomplish anything. This is why so many people with positive thoughts don't accomplish what they want. They simply have not synchronized their feelings. In other words, they don't believe or feel they can achieve what they have thought about. It is only when our thoughts and feelings are synchronized that we begin the creative process.
To begin using the law of attraction to help you instead of hinder you, try this. Take a piece of poster-board or project-board and the next time you think about something you want, take a picture of it or clip a picture from a magazine and paste it to the poster-board or project-board. This is a vision board. Now place your vision board someplace where you will see it everyday and frequently throughout the day. As you look at it, allow yourself to visualize what it's like to have the items on the board. Allow yourself to feel them in your possession. In doing this, you are beginning the creative process to bring them into your life and that is your financial tip for the month.
