Posts Tagged ‘manifesting your desires’
Creating Abundance Intro
I have a passion for helping others learn the spiritual laws and principles of the Universe for creating abundance and in particular financial abundance. I was fortunate in my life to come across these laws and principles when I was turning 30.
Many years later, oh, about 22 years later, I had the opportunity to lead a small group of women in learning these concepts for manifesting abundance in their lives. From that experience I was motivated to study the specific topic of psychology and abundance.
Following my graduation with a Master of Arts Degree, I created my business, Rites of Abundance, and developed an Abundance Course that I teach and that is available on my website. As I became aware of technology, I taught this course using teleconferencing. Through another technology, the internet and blogging, I am able to teach you how to manifest your desires.
So, this blog is for you!
You can start reading at any point because all of the information is important, but in order to start at the beginning you have to scroll to the bottom of the page and click on older posts. As my entries grow you might even have to click multiply times to find the first posts. Stick with it…if creating abundance is your desire, it will be worth your time and energy!
Creating Abundance by Eliminating Bad Debt
Debt is getting a really bad rap these days. Americans are constantly accused of materialism and over spending. There is truth to this, but when people point a finger in the area of creating abundance I wonder if fear and scarcity reside at the root of it.
However, the first thing we have to address is, is all debt bad? If so, then why do so many corporations have debt? What about our national debt? So it seems a double standard is going on. Debt is acceptable for large companies and our government but not for consumers and tax payers.
Let me begin with a disclaimer. I am not an expert on the matter of debt, not even an x-spurt…wink, wink. The following ideas comes from people who are experts such as Robert Kiyosaki and David Bach. So for further information, I definitely advise reading one of their books or that of another expert.
The reason I bring up the matter is that there is a distinction between good debt and bad debt. Good debt might be a real estate investment, but be sure you understand that your home is not an asset if you have a mortgage. Even when the mortgage is paid off, it still is a liability unless it provides an income stream. You must calculate maintenance, repairs, taxes and utilities as a part of the equation to determine asset or liability. In today’s real estate market we have had a huge lesson in how investments can go south quickly causing them to become liabilities.
Credit card debt is bad debt and must be eliminated! Even though I am not an expert in debt elimination, I have strong feelings about the urgency to stop accumulating bad debt and to eliminate it. I feel it is important to bring it to your awareness so that you can begin the process of eliminating debt from your financial picture.
Some advice that use to be given is no longer the approach today. For instance, financial advisors use to say pay off the card with the highest interest rate first. I recently heard David Bach, author of the Finish Rich series of books, say that’s old news. He was advising a couple to pay the smallest balance first for the feeling of accomplishment and then applying that money plus more to pay off the next card.
He was also advising this couple to negotiate with the credit card companies for lower interest rates. That is a great strategy.
The most empowering point I can make about your debt is become active in your financial matters. Know what your bottom line says. If you are in the black, then congratulations, job well done. If you are not, then go to work to take control of your financial situation. First, stop using your credit cards. Buy only what you can currently pay for. Second begin the process of eliminating your debt. You can and you must. Energetically, you can not attract abundance nor manifest your desires if your mentality is focused on debt. Take baby steps at first and as your confidence grows, do more until you have accomplished your financial goals. And remember…
Abundance is Your Birthright!