Financial Protection

Financial Protection

The Levels of Financial Freedom

Financial Protection

Security

Freedom

Absolute freedom

1 Financial Protection

  • The Financial Protection covers your minimum cost of living (food, rent, health insurance, transport, information e.g. € 1,500) for 3-6 months, depending on your well-being = € 4,500-9,000
  • Investment type: immediately available, cash, checking account, overnight money,
  • This money shall never be touched, the best thing is, give it to a friend, so that you need to ask someone to release it – in an urgent emergency only.

The goal of Financial Protection:

This solves 95% of all financial problems!

2 Financial Security

  • Pays minimum living expenses from the interest
  • Example calculation: 120 * you monthly living expenses of 1,500 € = 180,000 € (= 20 to 40 times of your financial protection)
  • Investment style: relatively safe long-term investments, ETFs with an average long-term profit expectation of 8% per year

Goal: If all earnings break away, you can survive on it maintaining a frugal lifestyle.

https://vitality4happiness.com/frugal-meaning/

3 Financial freedom

  • Pay your dreams from the interest
  • For example 120 * of the monthly costs of a good lifestyle for € 3,000 a month = € 360,000 (= 40 to 80 times of your financial protection)
  • Investment style: diversified, relatively secure long-term investments, ETFs with a profit expectation of 8-12% per year. Only the profits that go beyond your private withdrawal are invested in assets with higher profit expectations (and risk) of 12-15% per year.

Goal: You work because you chose too, not because you have too. If all other income breaks away, you can live comfortably on a high standard on the interest of your assets, without touching the substance of your assets.

4 Absolute Financial Freedom

  • Pay your utopian dreams from the interest
  • Example: 80 * the monthly costs of your good dream life for € 15,000 a month = € 12,000,000 (= 300 to 600 times of your financial protection)
  • Investment form: Investments with higher profit expectations of 15-20% per year and only from their profits short-term transactions with an even higher chance of over 20%. In return, you can get over the associated risk.

Goal: You can live an extravagant life in pure luxury on less than the interest of your assets, without touching the substance. So you are free to contribute substantially for charity.

What does it take?

Only after the money for financial protection is put aside, what is leftover gets saved for financial security. And only when this is achieved, additional money is used to save for freedom. Finally, what is leftover now, gets invested for absolute freedom.

How to achieve your financial protection and beyond?

Discipline?

This works well for a short time, but discipline alone always fails in the long run.

You need pain and pleasure!

With a monthly overview of your assets and their growth, you can get the fun you need. If things go wrong, you have to make painful swabs somewhere and commit yourself to them. Have someone else watch over you, who has the authority to „torture you“. And chose someone who is not a friend, rather a coach or mentor. Because friends are willing to let you get away without discipline, just to maintain your friendship.

Mentoring

Are you feeling bad if collecting money beyond your financial protection?

This is a common problem, what sabotages your growth! Noone ever got enlightened when he had to fight for his daily survival. Living security or even freedom gives you all the time and lets you focus on your spiritual development.

The solution is so simple

Make it a habit to contribute a part of your income to charity. Right from the beginning of your journey to financial security. It is not about the amount (for the effect it does to you – it makes of cause a difference to the organization you are donating for). It is to establish a habit to show your gratitude for it. Donate a certain percentage like 1, 2, 5, of 10% of your income, right after you got your paycheck! If you are donating, you feel good about the money you save for your financial security and far, far, far beyond!

Like Heat Turns Ice Into Water,
Gratitude Turns Fear Into Abundance!

Vital and happy regards
Klaus Forster

Frugal meaning

Day 21 for Your Abundance Challenge: Living Abundantly

Day 21: Living Abundantly

Dear Confeneur (Conscious Female Entrepreneur) 😃, I hope you had 3 great weeks during our journey together to living abundantly. Today is your last day of the 21-Days of Abundance Meditation Challenge.

That’s why I want to share the Benefits of Gratitude with you, pointed out by Dr. Deepak Chopra. Have a look at it and then come back to this page to continue with our final task 21.

https://vitality4happiness.com/benefits-of-gratitude/

Task 21: Living Abundantly

Today your task is to think these questions:

What have you been most frequently grateful for during your abundance challenge?

Have a look at your gratitude records in abundance journal and analyze them:

  • What appeared the most often?
  • Think about, how you can experience that even more often?

Because gratitude is your most powerful source for

Living Abundantly!

Finally, please give a Feedback

on Facebook
Living Abundantly

Or write a Review for the Vitality4Happiness Abundance Challenge on Google
Living Abundantly

Please write in your review what your outstanding experience during this journey to living abundantly was:

  • Your feelings,
  • Observations,
  • What has changed,
  • Or a description of your learnings.

Your public review is very essential!

Reviews for Vitality4HappinessThe public reviews are building trust for people who are interested to join the next challenge. So if you think, more people would benefit from participating, please support them, by helping them to decide if this program will support them to grow. Certainly, you are aware, that the whole universe is just one holistic organism. So, if one part of it grows, everything grows.

So please be so kind, to contribute to the universe and share your experience on:

🙏Thank you soooo much!
Vital and happy regards
Klaus Forster

And from now on, write down every day 5 things, you are grateful for:

  1. I am grateful for …, because …
  2. I am grateful for …, because …
  3. I am grateful for …, because …
  4. I am grateful for …, because …
  5. I am grateful for …, because …

You don’t have to do that forever. But I would recommend to do it as long as you live. Thank you and congratulations to your participation until the end 🧡

The Abundance Challenge task of today must be done by this time tomorrow!

Confirm that you finished your task of today - Click HERE

Confirm that you finished your task of today – Click HERE

Keep your channels open. So, your energy can flow. And stay tuned, because the next challenge will help you to grow even further! This is your year. Your future is in your hands. You create it every day, with your choices, and decisions, in the way you spend your time, the people you hang out with, and how you feel every single moment. With awareness … in gratitude … and grace 💖

TODAY IS THE LAST DAY!

Thanks once again for sharing this journey with me 🙏🏽 If you have not started on day 1, we will start soon again. So that you can do the first part in the next round. In the meanwhile join the ongoing Gratitude Challenge

LET ABUNDANCE FLOW INTO YOUR LIFE, WITH EACH BREATH!

Vital and happy regards
Klaus Forster

PS: Remember to post your rating on Google or Facebook

And here comes your Living Abundantly meditation for your participation:

Deepak Chopra 21 Day Abundance Meditation – Living Abundantly

Living Luxury

Apply Your Learnings

To apply your learnings in your business is a strategic intent to develop a compelling vision of the future. Because without it, you end up without motivation.

Analysis and intelligence are required for the backward engineering of the steps, and to apply your learnings. Anticipate your competitors‘ responses. And be aware, that the competitor is you, your ego, your habits, and your lower self!

Apply Your Learnings

Make a plan, what are the milestones in

  • 5 years
  • 5 months
  • in 5 weeks
  • and finally in 5 days?

Prepare to apply your learnings by planing the use of your resources. How to utilize and allocate your time, energy, assets. And finally building strategic reserves for flexibility. A backup plan, support structures, and tactics. So, I think you understand, it needs hardworking, discipline, knowledge and sharpens your unique capabilities. Knowing your weaknesses and making them irrelevant. To develop yourself internally to handle the external circumstances of life. It allows being highly flexible in the market place.

Focus – How to Apply Your Learnings Effectively

Concentrate your forces onto the most effective point. That’s why you want to target the weakest point to get the breakthrough easiest possible. Everyone has limited resources. Or did we overcome this with the abundance challenge already? However, it is necessary to create effectiveness in using it.

Detailed execution is to move disciplined in the direction of your target. It takes years to become a good executor to apply your learnings. Due to that, you may want to watch the video:

The Inner Game of Creating Results

Source: Actualized.org, thank you, Leo, for sharing this!

Adaptability means to analyze the current situation. And how it is different from what you expected. Apply the appropriate tactics for the always-changing environment. Review, overthink and rewrite the plan. Because your plan is a tool, not your master. Do it every year, month, week, and if necessary every day. Don’t stick to your business plan if the situation has changed or you learned something new. So, experiment with what works for you in the market place. Analyze and adapt, learn and improve. Expect and accept that the situation will always change.

Study of principles that are general of living, business, and self-development. Improve your understanding of psychology and how the mind works. This knowledge is thousands of years old. Contemplate it deeply, combining multiple sources, and think how to apply them. Don’t look for a quick fix, but rather a deep understanding and solid implementation into your subconscious mind.

Now go back to task 20

Day 20 for Your Abundance Challenge

 

Living Luxury

Day 20 for Your Abundance Challenge – Living Luxury

Day 20 – Living Luxury ☀

We are almost at the end, and you did great work. It is time to review it. To focus on the outcome have a look at this post and then come back to this page to continue with task 20:

Apply Your Leanings

*Task 20*:

Look back through your abundance notebook and read through your note from all the tasks. Check if you have any gaps in the challenges or anything to add.

Ask yourself the questions:

  • What is the ultimate outcome you want?
  • What do you want exactly?
  • How shall the end of my life look like?
  • Which contribution to the world shall my life be?

And finally, write down 5 things you are grateful for, which shall give you the energy to succeed to be able to live luxury:

  1. I am grateful for …, because …
  2. I am grateful for …, because …
  3. And I am grateful for …, because …
  4. Further, I am grateful for …, because …
  5. Finally, I am grateful for …, because …

The Abundance Challenge task of today must be done by this time tomorrow!

Confirm that you finished your task of today - Click HERE

Confirm that you finished your task of today – Click HERE

Vital and happy regards
Klaus Forster

And here comes your present, the Living Luxury meditation for your participation:

Deepak Chopra: Meditation Challenge – Day 20 – Living Luxury

Living Love

Day 19 for Your Abundance Challenge – Living Love

Day 19: Living Love

Today’s motto: I share my positive energy with all beings. I attract positivity to myself.

🌷Task19🌷 is to listen to the audio of this little story:

Source: https://www.theemotionmachine.com/

Reflect and write, in your abundance notebook, or even better in the comment below this blog, or post in the group, your impressions or reflections telling your experience.

And finally, write down 5 things you are grateful for:

  1. I am grateful for …, because …
  2. I am grateful for …, because …
  3. And I am grateful for …, because …
  4. Further, I am grateful for …, because …
  5. Finally, I am grateful for …, because …

The Abundance Challenge task of today must be done by this time tomorrow!

Confirm that you finished your task of today - Click HERE

Confirm that you finished your task of today – Click HERE

Vital and happy regards
Klaus Forster

And here comes your gift, the Living Love meditation for your participation:

Deepak Chopra: Meditation Challenge – Day 19 – Living Love Meditation