Chapter 14 - HOW WEALTHY ARE YOU? Flashcards
What was the mantra regarding possessions in the 1980s and 1990s in the United States?
More is better
This reflects a consumer-driven mindset prevalent during that time.
What is a classic definition of wealth according to The American Heritage Dictionary?
The state of being rich or affluent, or all goods and resources having value in terms of exchange or use
This definition emphasizes that wealth extends beyond just money.
What is the concept of ‘personal reserve’ likened to?
The gold vault at the Federal Reserve Bank
A personal reserve stabilizes one’s resources, much like how a reserve of currency stabilizes the economy.
What is the purpose of having a personal reserve?
To ensure a sense of abundance and reduce worry about running out of resources
This allows individuals to focus on higher-order issues rather than survival.
What question do many people fail to consider regarding their needs?
How much is enough for you?
This question is often overlooked in a consumer-driven society.
What can disasters teach us about possessions and gratitude?
People can lose many possessions and still find gratitude for life and relationships
This highlights the importance of non-material fulfillment.
What is the main idea behind living in a world of abundance?
Abundance is a matter of mind-set
This concept suggests that belief in abundance must be accompanied by actions to access it.
What does the parable of the women waiting for a bridegroom illustrate?
The importance of readiness and preparedness
It emphasizes that knowing where to obtain resources is not enough; one must be prepared.
How can a scarcity mentality affect one’s perception of wealth?
It can make individuals feel poor despite having sufficient resources
This shift in perception can occur through external judgments.
What does the law of attraction state?
Living things attract what they most need based on their communication
This principle is rooted in the idea that everything is in a constant state of movement and vibration.
What metaphor does Bob Proctor use to explain the law of attraction?
An acorn growing into an oak tree
The acorn’s growth is guided by an internal plan that attracts necessary resources.
What is the significance of vibrations in human interactions?
People resonate with similar vibrations, affecting attraction and relationships
This concept highlights the electrical and emotional connections between individuals.
What role do meditation and spiritual practices play in vibratory systems?
They affect thoughts and bodies, altering vibratory rates
Research shows that synchronization of heart and brain can enhance well-being.
What is the goal of coaching clients regarding their intentions?
To help them get into harmony with what they want from life
This allows clients to attract what they need to learn to create their desired outcomes.
True or False: The human body is considered one of the most efficient electrical instruments.
True
This efficiency allows for significant interactions through vibratory systems.
Fill in the blank: The heart’s electromagnetic field is believed to act as a _______.
central synchronizing signal
This field mediates energetic interactions between people.
What does the phrase ‘the angel is in the details’ imply for coaching?
It emphasizes the importance of knowing specific standards around reserve
Understanding details helps in creating a sense of abundance.
What is the main focus of coaching clients in relation to their desires?
To intentionally get into harmony with what they want out of life rather than what they do not.
How does synchronicity relate to clients’ experiences?
Clients draw to themselves what they need at any given time, often appearing as synchronicity.
What is a common challenge clients face in creating their desired outcomes?
Managing themselves around fears and anxieties.
What are the two innate fears that babies reportedly have?
- Fear of falling
- Fear of loud noises
What mindset do clients need to overcome to feel appreciation for abundance?
The mindset of scarcity.
In which key areas should clients develop a sense of abundance?
- Relationship (or love)
- Time
- Vision
- Money
- Career
- Contribution
What exercise can help clients identify their reserves in key areas?
Clients should consider and record responses to specific questions regarding their reserves.
What are clients asked to reflect on regarding their reserve of time?
How they would know they had a reserve in time and how they would give time to others.
What does a reserve of money for a client indicate?
How they would then give money to others.
What should clients explore to assess their time management?
Typical weekly recurring activities and their alignment with values.
What do clients often misjudge regarding obligations?
The extent to which they have control over obligations.
True or False: Clients feel a stronger sense of reserve around time when they choose how to spend it.
True.
What should clients do in their planning exercise for time management?
Include predictable events, errands, unexpected events, and time for recreation.
What does Deepak Chopra refer to money as?
Currency.
What is the difference between saving and hoarding money?
Saving is good; hoarding is not.
List some unhealthy beliefs clients might have about money.
- Money is a measure of competence
- Money is a source of evil
- Money solves all problems
- Money is a source of power
- Money is an indication of worth
- Money buys happiness
What might clients discover about their beliefs regarding money?
Patterns of thinking that no longer serve them well.
What early memories should clients reflect on regarding money?
- Two early memories
- Lessons learned from parents
- Sense of being wealthy
- Relationship with money and personality
What is one common exercise to help clients reprogram their attitudes about money?
Fill in sentence stems related to their feelings and beliefs about money.
What should clients do to align their spending with their values?
Monitor spending and pair expenses with fundamental values.
What areas of life can clients assess for a sense of reserve beyond finances?
- Time
- Money
- Love
- Relationships
- Space
- Freedom
- Connections
- Possibilities
- Play
- Quality of Life
- Spirit
- Energy
What is the broader view of wealth beyond just money?
Having a sense of abundance—ready reserve in all areas of life.