The Anatomy of Money Energy Part 3 of 3

How would you fill in the blank: If only I had more opportunities, I would ____________. Were you thinking of a better job or promotion? The desire to retire early? Travel more? Accumulate more wealth? Upgrade your car or home??Improve the well-being of yourself, your family, or others? But how do you create opportunities with finite resources?

This leads us to the conclusion of our three-part series about?The Anatomy of Money Energy.?The previous discussions focused on Money Relationship Integration, which combines natural financial behavioral capability, learned financial behavior and quality life performance. So far, our focus has been on discovering ways to improve your relationship with money and its connection to behaviors. (For reference, read?Part 1?and?Part 2.?As a quick refresher,?money energy?is the power and capacity to generate wealth that become a stored force releasable into your life at any time.

But what’s next? It’s a great question and I feel I left the best for last in our conversation—because generating?Opportunities?are where you can experience quantum acceleration in your ability to produce money energy. And the more opportunities you have, the greater the potential money energy that can be unleashed, but only if you make it accessible. This is when flow, momentum, and confidence start to build in your life. This reflects on your self-empowerment and ability to pursue or invest in an opportunity.

At this point you may be thinking, “well this all sounds good, but how does one actually find more opportunities?” The answer comes in the form of two broad categories, and they are:?Financial Flexibility?and?The Power of Human Capital. Both forms of opportunities provide actionable steps you can take to supercharge your money energy battery.

Let’s start with Financial Flexibility, which is derived from surplus assets and income. In turn, they provide the capability to make life and financial decisions on your terms. I think many people underestimate the resources they have to improve their financial flexibility. In fact, there are 13 contributing factors:

1. Positive Surplus Cashflow: What remains after paying living expenses and debts
2. Margin of Safety: This is your emergency fund for the unexpected
3. Secure Long-Term Earnings Stream: Income derived from investments beyond 12 months
4. Debt Management: Having a clear vision of cash outflows in terms of a budget
5. Capital Pool: Working to have your total asset value higher than total debts
6. Opportunities Fund: Available funding to take risks but able to recover a loss
7. Retirement Fund: Staying on track to meet your future goals
8. Diversification: Your investments and income can handle unexpected losses
9. Antifragile: In the event of a market decline, you have both winners and losers
10. Known Future Windfalls: Understanding the impact of inheritance on money energy
11. Insurance Protection: Establish a safety net for yourself and those that count on you
12. Long-Term Financial Commitment Coverage: Put a plan in place to ensure debts get paid off
13. Written Goals-Based Financial Plan: A blueprint for life’s needs, wants and the unexpected

The other half of the story is the Power of Human capital, which are opportunity contributors that can charge your money energy battery and change the trajectory of your life. I’ve outlined 13 of them below:

1. Identify Clarity: Knowing your life purpose and talents
2. Money Purpose Clarity: Moving from recognition of what you have to what you want
3. College Education: Expanding your knowledge to explore possibilities
4. Multiple Career Path Opportunities: Reducing stress that you are not stuck in one career
5. Risk Tolerance Awareness: Enabling you to take the necessary risks
6. Financial Education: Sufficiently understanding finance to make wiser decisions
7. Greed Management: The ability to have the right discipline to manage money
8. Continuous Life Learning: Taking advantage of life lessons and additional education
9. Relationship Capital: Remember, it is not always what you know, but who you know
10. Contributing Beyond Yourself: Giving back is an integral part of the circle of life
11. Personal Life Energy Management: Align yourself with nature and natural energy forces
12. Robust Health: You need mental and physical strength to take advantage of opportunities
13. Appoint a “You” Centered Life Support Team: Seek advice from wise and talented people

I hope these lists associated with financial flexibility and human capital are useful to you, but they also illustrate an important point—opportunities have an exponential impact on your money energy. They may seem overwhelming at first glance but start with one or two and note the impact it may have on your own life. It should incentivize you to continue to delve into others.

This concludes our initial exploration of the money energy formula, but the journey is far from over. I would like to see you take the next steps by participating in possibly one of the most influential webinars of your career, and it’s called:?Introducing Money Energy in Coaching. Join us for this free recorded event?.?During this robust, one-hour webinar, learn the power of money energy and how it can create a powerful coaching edge. Click?here?to learn more and to register.

I look forward to seeing you there!