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Money Management 101: Financial Basics

If you read my blogs, you know I am a believer in spirit. You also are aware that my thinking about money is not quite common. So, in this respect, my vision about how to manage the financial equation in your life is not very common either.

“With spirit we are all children of the cosmos; without it we are orphaned and adrift” – Deepak Chopra

I consider money as one more type of resource, with the same value as any other resource. Resources, in my conception, are any living or non living organisms on earth that are available for the sustainability of life on earth. This means that being available to sustain life, makes you or any organism, a resource.

In this sense, money is a resource while serving to the sustainability of life. Otherwise, money is only a piece of paper with lots of chemicals on it, which is not easy to degrade, and is not useful for eating either. Crude reality. Hard to accept. Still, very true.

One of the components of poverty is the lack of money. People usually call themselves “poor” because they don´t have money. In my case, there have been times (about 13 years of my life), when I didn´t have money, not even to take a bus. Many times I would have to walk with my two kids, one in my arms and the other one barely walking, through crowded streets, through bad weather, or even being hungry.

I never called myself “poor”, though. So this is the first lesson on MM 101: never call yourself poor. Money, at those times, was barely keeping me alive. I needed more of course. I had one thing on my mind: I didn´t want to be moneyless ever again. I would do whatever it took to overcome this phase. Necessity is the mother of all inventions. I tried to think of all kinds of businesses, and soon I realized I needed to have some tools available to me.

Scarce money, was to be well spent. I decided to use my money wisely. I put order in my life. First I set rules at home for my husband, who was really violent to my kids. I said enough. If he wanted to be violent, he would have to leave, or otherwise, one of us would die. Crude, simple, yet very hard to do. It was very needed though, in terms of achieving order.

I took all the opportunities that came to me

Once I saw a person walking in the streets looking for a birthday cake, and asked her how much she would pay for one. When she told me, I offered myself to make her one, for a little less. Soon I had an ad in the local newspaper , offering “special cakes for special people”. Then I would begin distributing cakes to restaurants, and hired three women who shared my situation to work in the business.

It took a long time to make the business work. And here comes lesson number two: never give up too soon. Businesses are like people. They need time to learn how to walk, but you need to feed them well and make them practice a lot, otherwise they could end up dying. Be patient. I had one big problem. I used to hire ovens to work. I didn´t have money to buy an oven for myself. It took me around three years to save up the money to buy one second hand oven, big enough to make the business really grow.

In the fifth year of the business, I was also in my fifth year of college. Yes. I was studying at night. Business Administration, of course, as I said before, I had realized I needed some tools. I was going to study whatever, because I knew knowledge would give me power. And by chance I met a nice middle aged who advised me to sign up to that career. He happened to be the Director. Nice coincidence, or the Universe working to favor my willingness to work on the tools I needed?

To finish up my studies, I needed time. So I sold the business for a good amount of money, that helped me through the process of getting my thesis done, and set the basis for new businesses. From there on nothing could stop me, I never was moneyless ever again.

Many coincidences, many miracles, came to my life after opening my arms to the love existing in the Universe for me. This gave me strength. So these two lessons are enough for this first session on MM101: Be rich in spirit (never call yourself poor), and don´t give up easily, keep trying hard.

“With spirit we are all children of the cosmos; without it we are orphaned and adrift” – Deepak Chopra

Comments

FAHMIDA YESMINE's picture

Nice writing

Dear Jap21,
I just have read your article. Your writing is full of immese inspiration! In my mind, I can imagine how you went through those days!!!

Keep it up! I am eager to hear about it more!!!!

With Love,
Fahmida Yesmine, Asian University for Women.
www.asian-university.org

jap21's picture

Thank you darling

To inspire one young woman like you, means that you will inspire two of your friends, and like that we can make a chain: the chain of the spirit of wealth. That would be gorgeous!

Love,

Jackie

Jacqueline Patiño FundActiva
Tarija - Bolivia
South America
www.jap21.wordpress.com

Starland's picture

Yes, indeed

I agree completely. I have walked in your shoes several times and never lost faith (for long) that all my needs would always be met as a child of the cosmos. I am a Chopra fan myself. I believe that a big step to help aleviate poverty is changing our poverty mindset. Changing our story as it were. Plus, develop options for our eyes and actions to help us as we "fake it to make it." Seems, at least for me, to be an interesting "process" instead of an end result.

Thanks for this.
hugs
K-lee 3709

K-lee Starland, Ph.D.

jap21's picture

Yes K-lee

It is so true that we need to live a path of self assurance that the Universe is always there to provide for us. I call this energy Jesus Christ, many call it other ways, but the bottom line is that it exists, and provides generously for us all.

I am positive that writing about this, the readers will share it and it will make wonders. Let us ignite this process.

Hugs,

Jackie

Jacqueline Patiño FundActiva
Tarija - Bolivia
South America
www.jap21.wordpress.com

Tina's picture

Dearest Jackie, This is

Dearest Jackie,
This is another fascinating insight!
I like that line: "be rich in Spirit,(never call yourself poor)." I think many of us need to rekindle the wealth of our spirits.
Thanks
Tina x

jap21's picture

Hi Tina

Your words just lifted my spirit, which is kind of down due to my sprained ankle (it is stubbornly aching for more than a week now). I was so depressed this morning and your words just made my day.

I was missing you honey. Thanks for dropping by.

Love,

Jackie

Jacqueline Patiño FundActiva
Tarija - Bolivia
South America
www.jap21.wordpress.com

Sagiia's picture

Dear Jackie, Thank you for

Dear Jackie,

Thank you for the article. I am glad to know more of your personal struggles and admire you so much for having the courage to make your husband leave even though it would leave you struggling to provide for your family. Having grown up in poverty and extreme violence directed at my sisters and me from our father, I really appreciate the courage it takes to make that break in order to protect your children. ,

Two resources that I do still continue to struggle with are scarcity of money and time. However, I have never considered myself poor, for we have never been to the point of starvation. At one point all we had was a box of rice to eat, but we had something to eat, while children were and continue to truly starve to death elsewhere. We were blessed. At times we did not have a home, but there were always friends or family to let us stay a while. In the US, is there really anyone who is truly poor? No one ever needs to starve to death here, there is always someone who will feed you. At least this has been true so far during my lifetime. Climate change and economy collapse may change that, but for now as Americans we must remember we are truly blessed. If only we could learn to use our resources more wisely in order to provide food for the starving instead of to make war and cause destruction and suffering to so many innocents.

I am sorry to hear about your ankle. I have used the affirmations of Louise Hay for healing many times with great effect. I offer you some to assist in your healing. Each time you notice the pain, let it be a reminder to say them to yourself and you will be pleasantly surprised by the difference the affirmations make.

for the ankle: I deserve to rejoice in life. I accept all the pleasure life has to offer.
for sprains: I trust the process of life to take me only to my highest good. I am at peace.

Happy healing,
Love, Sagiia

jap21's picture

Yes Sagiia

The Universe once again comes to me with what I need! I need to say these words from Louise so much! And I need to have more and more friends like you, like all pulseists, like the best people there is on earth.

Thanks so much for reminding me of this. I too feel us Bolivians are truly blessed. We still have that special sense of companionship, that sense of humor, the love for children, we still are (in spite of our politician´s efforts to war against everything), the most peaceful country in South and Central America.

We are truly blessed that we have one another, and most of all, that we still care.

People in Bolivia are low income families, but they are rich in spirit and we have a saying that goes:"Where two people eat, three can eat as well" and share our food. Politicians many times take advantage of this, though hahaha.

Anyway, thanks for the healing vibes, they really work. I am in a better mood today, even if still bound home. :)

Hugs,

Jackie

Jacqueline Patiño FundActiva
Tarija - Bolivia
South America
www.jap21.wordpress.com

JaniceW's picture

Great advice

"Be rich in Spirit, (never call yourself poor)." I love that and have known many people whose hearts were full of generosity but they had barely a penny to their name. In turn, their generosity came back to them; sometimes from unexpected sources and often not from those they gave to. But that is the beauty of life – it is unpredictable and you never know what is around the corner. So, I will add to your advice to be open... be open to all the possibilities that may come your way and as you said, do not give up too soon.

jap21's picture

Hi Janice

Being open is key my friend.

So nice to have you around. You make me feel at home.

Hugs,

Jackie

Jacqueline Patiño FundActiva
Tarija - Bolivia
South America
www.jap21.wordpress.com

Sagiia's picture

Dear Jackie, I love your

Dear Jackie,

I love your Bolivian saying " where two can eat, three can eat as well" I have a fun song I sing with my kindergarteners called "There's always room for just one more" when so many animals come into a house one by one until finally the house bursts but they work together to build a new one.

Glad to hear you are feeling a little better. Amazing though how a painful mishap can bring many blessings into our lives. It is a blessing to be able to appreciate our blessings even when we are in pain. May your healing continue and increase.

Love, Sagiia

P.S. I imagine it is a great blessing to live in a country with a capitol by the name of LaPaz. I would think that it would help to keep Peace at the center of everyones hearts and minds, including your leaders..

jap21's picture

Well...

Names are not always accurate... La Paz is not full of peace at all. Political unrest, strikes, blockage and civil war have made it unlivable in the last 25 years, when a new dimension of violence has come true for Bolivians. They say all this violence is in the name of change, inclusion and dignity... from people who felt "they had nothing to lose". I think violence in unacceptable, no matter where it comes from or what it is trying to achieve, so I am afraid I can´t say this is OK, even though as a result we have a socialist government.

Hugs,

Jackie

Jacqueline Patiño FundActiva
Tarija - Bolivia
South America
www.jap21.wordpress.com

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