Table of Contents:
1. Welcome 2. Self-Imposed Limits 3. Money and Boundaries 4. Unconscious Limitations 5. Money Isn't Evil 6. Money Transformations 7. Universal Wealth 8. Wealth Redistribution 9. Interdependent Wealth 10. No Hoarding Wealth 11. Redistributing Your Wealth 12. Poverty is Not Pious 13. Why You Deserve Wealth 14. Positive Financial Influence 15. Abundance Unleashed 16. Evaluating Opportunites 17. Four Opportunities 18. Insider Knowledge 19. The 7 Principles
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No Hoarding Wealth
Once you've earned mindful wealth (and I'll reveal four strategies for doing that later in this report), what will you really do with it? We've already talked about mindful spending (redistribution) of your wealth, and how that's important for creating a better world with sustainable life. But what if you earn lots of money and just sit on it, without spending it?
Economists call that "saving money," and they consider it a good thing. What became apparent to me in the bamboo forest experience, however, is that sitting on all your wealth is irresponsible. Wealth must not be hoarded; it must be allowed to flow to a good use, where it helps create a better world.
Let me clarify all this: Yes, it's sensible to have some personal savings. I'm not against that. Maybe you want to have $10,000 in the bank, or $50,000 or even a million dollars. It's fine to have a financial safety set for you and your family. But at the same time you're accumulating wealth for that safety net, it's important to redistribute a portion of your earnings to constructive people or organizations who are aligned with your desire to protect life on Earth.
Holding on to all your money while letting go of virtually none of it is considered hoarding. And wealth that's hoarded is NOT going to a good use, is it?
Don't let the banks decide how to spend your moneySome financial experts reading this might say that savings are already put to another use because banks use your deposits to fund loans to other people, and those loans help start businesses, build new buildings, etc.
Yes, I understand that, but are those loan recipients engaged in the service of protecting life on Earth?
I doubt it. That money might be used to invest in a tobacco company, or to build a local pharmacy that doles out dangerous prescription drugs to people. If you don't spend the money yourself, then you have no control over how it's leveraged to provide funding to other people or organizations. That's why I say don't let banks determine how to spend your money!
And remember: Banks don't care if loans go to support evil businesses or not. As long as the evil business makes money and repays the loan, the bank is happy. Leaving your wealth in the hands of ethically-illiterate bankers is a dangerous game that will only cause your money to be used for evil purposes. Financially-motivated bankers, after all, aren't interested in protecting life on Earth; they're interested in protecting their bottom line profits.
Thus, the only reliable way to ensure that a portion of your wealth is put to an ethical, positive use is to spend it or give it away yourself! YOU must be the decision maker on where the money goes.
Next: How much money should you redistribute? See the answers...
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