Jan
02
Filed Under (Home Improvement) by wealth
wealth
www.smilingbamboo.com asked:


What is a Wealth Vase

Simply put, the wealth vase is considered to be a very potent wealth enhancer for your family. It was a luxury available only for the wealthy in traditional China and you’ll be surprised by how many homes there have a wealth vase in a secret corner of their home. Many of these have lasted for many generations (being passed down) and is considered the secret of how many of these wealthy families continue to gain wealth and opportunities.

Choosing the Wealth Vase

Most wealth vases will be of the traditional chinese types, but that does not mean you are limited to it. The majority of the older wealth vases are of chinese designs simply because it was obtained in china and thus had its cultural influences in its art. What’s more important is that you choose a strong and sturdy (non-transparent vase). The top part of the vase (also known as the neck) should be smaller than the body and base. This allows you to place layers of cloth over it and tie it firmly with colored ribbons. When looking out for one, find one that you have an affinity with and gives you the feeling that it’s classy and very sturdy. But remember, what makes the Wealth Vase so potent is not the vase itself, but the ingredients that go into it.

Dispelling Some Myths of the Wealth Vase

Though there are many recipes out there and there is no reason for an individual to cater the contents to their tastes; many rulings are not entirely necessary or just plain funny. A good example of an unnecessary content to have inside would be a picture of someone wealthy you know. If you were to ask any of the elder generation of chinese about this, their reply would be ‘we wanted more wealth, not be stalkers’ or ’since when did we have cameras back then?’. Pictures/photos back then were not easily available and thus not used in traditional Wealth Vases.

Another myth would be choosing a vase that is made from a certain type (e.g. metal, wood, etc) depending on where you place it. Your Wealth Vase is meant to harmonize with its surroundings and sway things in your favor, regardless of the make. Additionally, wooden vases may not always withstand the test of time due to humidity or accidents.

Putting in the Contents

Before we start about the order of contents going in, there is no specific weight/amount that you have to put inside. Though it is better to try and make everything an approximate equal amount, some ingredients can be a lot more. Common favorites to pile in extra of would be: Feng Shui Wealth Coins, Fortune Flower Coins, and Semi Precious Stones.

The Bottom of the Wealth Vase

At the bottom, you should have soil from your home. This provides a bonding of sorts between the wealth vase and you/your home. Another word for this method is to ensure personalization that it works only for you, your family or future generations. Once this is done, add a layer of uncooked dry rice and dry beans. This is symbolic of abundant food and self sufficiency in your household. In ancient china, wealth was tied very closely to the amount of food you had at your disposal. Elders enjoy explaining this process as it represents your earth always growing and providing food/wealth for you.

The Middle of the Wealth Vase

The most important ingredient here would be Feng Shui Coins. Be generous in the distribution and put in as much as you can. To add extra potency, add in various forms of auspicious coins mentioned earlier (ie Feng Shui Fortune Flower Coins) and Amulets for Inauspicious Directions. This was considered as the best secret ingredient possible in the middle. The flower shaped design signifies growth, happiness and harmony always blossoming. The amulet is primarily used as a remedy against bad sectors, and its inscriptions will be used as a protective barrier for your life and wealth. This results in happiness, material wealth, and harmony all secured for you.

Near the top

After finishing up with the contents in the middle, lay around ingots and wealth bars until it creates a layer by itself. This further adds more stable wealth for you. At this point it is said that you put in some actually money inside, but the secret ingredient here is to use: currencies from a country whose currency is stronger than yours. This will vary from person to person, but think of currencies like the British Pound, US Dollar, notes from Dubai, etc. Then comes a Ru Yi Scepter for control and dominance in what you do, meaning you will never lose grip of your self earned resources. To top it off, you will need a wealth god you have an affinity to.

So, to sum up all the ingredients:

Wealth God, Semi Precious Stones, Ingots, Wealth Bars, Feng Shui Wealth Coins, Ru Yi Scepter, Soil From your Home, Rice, Dry beans

Secret Ingredients:

Fortune Flower Coins, Amulet for Inauspicious Directions, Health & Wealth Pendants, strong currency.

Finishing Up

Once everything has been filled up to the brim, put the lid on. Place a white cloth over the lid and neck of the vase so that it can be tied up with string/rope that represents the five elements (red, blue, brown, yellow and green). And there you have it. Your own wealth vase! It should be pretty heavy at this point in time, but try to lift it up and give it a good and graceful shake to help the contents settle comfortably. The final part is to find a place to hide it in such as a cupboard where it will not be bothered or opened frequently.



COLUMBUS
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wealth
the man asked:


I read that the key to wealth is the ability to turn earned income or money you work for into passive income, incremental money you receive each month or on some recurring basis that you dont work for. Though that sounds great in theory how does it work in practice? I know rental income is a form of passive income. Can anyone think of other ways to make money that is not tied to your labor?

ALI
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wealth
Bunny Girl asked:


Hi, I would like to know where my wealth area is in my bedroom and living room? Is there a method or some kind of reference to help “calculate” that?

After knowing where my wealth area is, how should I “activate” it?

Thank you in advance for your help!

ANTOINE

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wealth
magpiesmn asked:


By excess wealth I mean like extra food/clothing/misc fun stuff ect… Is there an idea point when you have accumulated enoth stuff to stop buying new stuff and or start giving stuff away?

GASTON
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Dec
17
Filed Under (Wealth Building) by wealth
wealth
Yogesh Kumar asked:


 

Country growth is generally based on the level of the development and infrastructure growth. If it is in process of economic activities and government plans, the country is termed an emerging economy. India is a developing country and the numbers of these new sets of millionaires are bound to be expanding owing to the virgin nature of the country and the escalating demands of its over 1 billion citizens. 

As noble as the ideas are, and as all spanners are now at work to realize this vision, creation of more wealth poses more problems less than the eyes can see in terms of retaining the wealth so created. On this note stands the need for a financial planner in wealth management. 

This service has been well established in developed countries and it accounts for the quantum leap in these nations wealth. It is not a chance occurrence to see empires abroad that has lasted for more than four decades and still counting. Among them, a word like PRIVATE WEALTH MANAGEMENT is quite a regular which denotes a specialized service rather than a generally offered service. According to Morgan a foreign financial service provider, “private wealth management” is a service reserved for clients with investments worth over $10 million.

Based on this reason, the importance of a financial planner cannot be over emphasized. He occupies a central position akin to that of a coach. In his team are bankers, lawyers, insurers, real estate brokers, stockbrokers et al.

Their duty depends on the originators instruction.

This duty separates them from other the traditional financial services practitioners. Thus for a beginner he can be a trusted friend and guide to reach a set financial destination. For those who have counted a few millions, this strategic plans multiplies your wealth, for those in the multi million arena, their expertise will sustain, safeguard and transfer your hard earned wealth to your desired recipients.

The sole work of a financial planner in wealth management is to use various wealth management options to protect the clients’ wealth. When this is done the life span of wealth is protected and prolonged while a nation’s wealth is buoyed.

 



FRANKLYN
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Dec
17
Filed Under (People) by wealth
mtk5038 asked:


mind movie that deals with wealth

EUSEBIO

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Dec
09
Filed Under (Finance) by wealth
wealth
Trish Davies asked:


Building wealth is all about having a system that implements fundamental steps that once you have learned can be applied to create wealth. These steps are crucial to achieving your Financial Freedom Day.

It is never too late to build a financial wall around you and your family that nothing can get through. This would be referred to as financial security. We call it your Financial Freedom Day! It is the day when you have enough assets that pay for all your expenses now and in the future. The quicker you identify your financial freedom day the better. It does not have to be 10, 15, 20 or even 30 years down the track. It is not unrealistic to have a Freedom Day of between 3-5 years. It is the day that you can travel with your family when and where you like with no restrictions, afford the home you want, put your children into the schools you desire and teach your children there are no limits.

Financial freedom is having an asset base which generates the income to not only meet your needs but to create a lifestyle that you dream of. You do not want to be relying on anyone for your financial freedom, the government, your employer, your partner, your husband, your family. Financial freedom changes your life!

So now you ask; how? How do I set a financial freedom day? How do I achieve fianancial freedom? Ask yourself At what age would you like to be financially free?

To achieve financial freedom you need a system. A proven, step-by-step, time tested system that will get you on the path to building wealth. This system

is called ‘Building Your Wealth Cycles’ comprising of 8 fundamental steps to building sustainable wealth. All entrepreneurs have a system to build wealth.

The 8 fundamental steps are as follows: -

1. Financial Conditioning

One of the first areas that must be looked at is your mindset with regards to money. Your mindset is a result of your financial conditioning, you must be aware of your conditioning and the impact it has on your potential to create wealth. You must be able to make the changes necessary to bring money and wealth into your life. We have been conditioned about our money beliefs from a very young age from people around us that loved us very much, like our parents, grand-parents, teachers, coaches, peer support leaders and other family and friends. They only know and understand what they have been taught about money from the family that raised them.

Start to think about the language that was used in the home when your were growing up. Was it “money doesn’t grow on trees” or “no, we can’t afford that” or “Do you think we have a money tree growing in the yard” or “I’ll put that away for a rainy day” or “Money isn’t everything” and finally “Money is the root of all evil”. These are just some of the beliefs that have been handed down generation to generation in countries all around the world.

We encourage you to sit down and write down some of your beliefs around money. Also, ask your children whether they hear your limiting beliefs around money and what are they.

2. Financial Baseline

Your financial baseline is all about identifying where you are right now with your finances. You must take a look at the reality of your present financial situation. Start today, from where you are right now. It might be a little scary or fearful. You cannot get to where you want to go without knowing exactly where you are today. Start asking some very basic questions like How much money do you currently earn? How much money do you spend? For how much, and to whom are you in debt? Do you have anything set aside in savings?

Just remember, what you did yesterday, last month and last year does not have be indicative of what you are capable of doing in the future. The most important thing you can do is take stock of where you are right now!

Also, how do you keep your financial records. Do you keep things in a shoe box and only empty it out once every year. Do you have piles and piles of paperwork everywhere. Do you have a filing system set up? If you don’t have your finances organised then you will not have a good clear picture of your financial baseline.

3. Financial Freedom Day

Millionaires always have a plan. They determine their financial goals and take action to make them happen. Your Financial freedom Day is the day when you’ve reached your financial goals. To determine when your Financial Freedom Day is you need to know what your vision is. Your vision is a picture of how you want to be living sometime in the future. In order for you to be motivated and move towards your vision it must be exciting, realistic and must never compromise your valuues. You must also excercise no limit thinking. There are 3 things you need to clarify in order to declare your Financial Freedom Day. They are your monthly cashflow, your total net worth and the day, month, and year that you want this to occur.

4. Managing Your Lifestyle Choices

Managing lifestyle is all about managing your debt levels. It is about creating a debt elimination plan that will eliminate credit card debt. There is good debt and bad debt. Bad debt is debt associated with lifestyle choices. It is where you’re using your income to increase your liabilities. Good debt is debt that is acquired through the purchase of assets, assets that are then invested to produce passive income.

5. Foundation of Your Wealth Cycles

A wealth cycle is a process whereby you are paying yourself first before paying anyone and anything else. This ensures that money is being allocated to your asset column. It is something that is ongoing and the purchasing of assets does not just happen once. A wealth cycle also includes an understanding of entity structuring for the purpose of protection and tax. You must also make a decision about the type of investor you are whether you are active or passive. You must also develop some money rules and stick to them.

6. Acceleration fo Your Wealth Cycles

This is all about education. You must educate yourself in the areas you want to invest whether it be stocks and shares or real estate or international securities or commodoties or collectibles. Seek mentors and coaches that specialise in those areas of wealth creation.

7. Leadership of Your Wealth Team

No-one creates wealth without a team around them. No more ‘Lone Ranger’ you must surround yourself with team. Leadership of you wealth team is one of the most under-discussed areas of leading your wealth. Make no mistake, you are the leader of your wealth team, whether you realise it or not. Your job is to inspire, motivate, hold and communicate the vision to all of those on your team.

8. Creating Sustainable Action

Keep taking action each and every day. You must every night right out a list of revenue producing activities. You must work towards your Financial Freedom Day, every day. Even if they are small action steps it does not matter.

Expand your knowledge in these 8 fundamental steps through education, mentoring, coaching and acquiring specialised knowledge and it won’t take you long at all to achieve levels of wealth you never thought was possible.



CLEVELAND
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