Thursday, April 11, 2013

In financial liberation, what is the only thing that matters?



My title is a spin-off of Neale Donald Walsh book "The Only Thing That Matters" which I've been reading in parts and yet to get my hands on the book itself. Neale is a spiritual and  inspirational speaker and writer.  It is my hope and prayer that one day I'll be able to manifest even an ounce of his wisdom and faith. Check out and be inspired - https://www.facebook.com/NealeDonaldWalsch 



In financial liberation, what is the only thing that matters?

It is not uncommon to hear people suddenly getting sick and being terminally ill. That’s it, fatal, now running against time.  Pondering upon it, the sickness has been manifesting for so long.  Only the symptoms are being ignored, dismissed or just pretty too busy to care - until you just drop dead.

Financial breakdown is similarly the same. It started with a few verbal IOUs to relatives and friends, then clean unsecured loans, then collateral loans; each made to cover the previous ones. Then one day you just wake up financially broke and broken, spirit wise.

You choose to ignore the signs. You’ve been maxing out on your credit card, resorting to cash advance to support your daily expenses. You’ve been receiving collection letters of varying degrees of threat of shame and exposure.  Ringing phones freeze you, even teaching kids and friends to deny your presence.  Worse, you fail to attend family gatherings and events where you might encounter relatives whom you owe money.   

Yet you still continue, hoping and praying, …and hoping and praying that something will come up, that a windfall of money will be coming to bail you out, and more superfluous, is that you’ll win the lotto jackpot.

All these are just denials. It’s like chasing your tail. Everything is a cycle but each cycle drives you deeper in debt and depression.  It’s an unseen cage, covering you in shame, self-doubt, limiting you.  You’re in a downward spin.

Being deep in debt can have ill effects on your physical health, triggering stress –related sickness that when prolonged can prove fatal.  It can also work adversely on your mental health.  Worry over debts can cause depression and inability to make wise decisions. How many times have we seen well educated and known personalities lose material investments, results of lifetime hard work, due to wrong business decisions?  Being in debt compromises decision making and independence. Relationships can also suffer. Families break-up because of family matters. Relatives and friends may shy away from you, not wanting a share on your burden.  Or worse, if you owe them and still unpaid, can hold a grudge against you for a long time.

So what matters first in financial liberation? SIMPLY ACKNOWLEDGE IT. Accept your situation as a problem that has to be resolved. Simply recognizing that you have a problem will trigger your mind into creativity. You will be able think solutions in your current situation. This will also put you into the sphere of people that can help you out.

Don’t let pride get in the way. Your step, you decide.  Free yourself.


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