This is a short course on Mastering managing your money. Some simple steps to get financial security, regardless of your current financial situation. Simple and practical principles including Buddha principles found in the Diamond Cutter Sutras
3. Steps to Financial Security
It’s not about having a million
dollars, it is having security with
your finances, that matters.
Simple steps to creating financial
security
4. Pay Yourself First
Make you and your family a
higher priority than your
creditors
Save 10% for the long term
(Richest Man in Babylon)
5. Create Multiple Bank Accounts
1. Income Account (salary)
2. Long Term Savings (10%)
3. Medium Term Savings (10%)
4. Pay Bills Account (PA/52=)
Aim to have at least 3 months salary
in our long term account = security
6.
7. Four Seeds for [Money] anything
Seed One
The first seed is to decide what
you want
Make a goal; e.g.
I want a financial
security...
8. Four Seeds for [Money] anything
Seed Two
Make a plan in your mind
I will help someone else to start
their own business, I will give time
and money to help them.
9. Four Seeds for [Money] anything
Seed Three
What you plan to do
you have to actually do
Think about ideas to help their
business, at the same time as
starting your own.
10. Four Seeds for [Money] anything
Seed Four
Karfi Meditation
(take them out for a coffee) think
about what your friend’s business
and advice them what to do.
Review all of the good ideas
in your mind.
11. Diamond Cutter Sutra
Negative Seeds
Just as you plant positive seeds for
what you want, negative seeds will
have been planted throughout your
life. You need to protect yourself
from negative seeds.
12. Diffuse Negative Seeds
Just review where is stuff
coming from?
(always from me)
(Eg: Why does my boss yell at me?)
Foundation stage
13. Diffuse Negative Seeds
Think about the implications of
having that seed in your mind.
I’ve got to get rid of this seed before is goes
off... A healthy regret of past wrong thought or
deed. It is not guilt, it is positively accepted as
like a challenge, to get rid of bad seeds. Bad
seeds weight you down; it is a burden on you.
14. Diffuse Negative Seeds
Make the commitment
not to do that thing again.
The commitment disarms the seed.
Disclaimer may be needed.
(set a time limit Eg: Don’t talk to children
loudly until Friday)
.
15. Diffuse Negative Seeds
Take positive action to counter
balance the seed issue
Eg with a serious issue like abortion you
might work with children for a time.
.