Financial – International Diplomacy News

How To Reset Your Financial Thermostat

Where is your financial thermostat set? Is it set way up high for wealth and abundance or way down low for "Not Enough?" Is it set for striving or thriving? The answer is easy. Just look at your life. Your thoughts and beliefs about money are reflected in precise detail in your environment. What is your environment telling you? Whether you live a life of wealth, poverty, or somewhere in between, it's all determined by where your financial thermostat is set.

Your financial thermostat is so hard-wired that, whether you experience a major setback or a huge windfall, ultimately you will find yourself back where you started. That's why lottery winners are so often broke again in two years. If your financial thermostat is set for "Poverty," any wealth that comes to you will be a memory before you know it. On the other hand, if your financial thermostat is set for "Midas Touch," you will move through any financial reversals and regain (or exceed) your high level of prosperity with ease and grace. Think Donald Trump. Even though at one point he was more than $ 2 Billion in debt, his financial thermostat is set for "Billionaire!" and he's back on top with an estimated net worth of $ 5 Billion.

As children, we were taught how to think about money. We were taught how much or how little we can have and how difficult or easy money is to come by. Some of us were taught to think of rich people as greedy and to believe that having money is bad or not spiritual. Although your financial thermostat was set in childhood by others, the good news is that it's YOUR thermostat now and you can reset it for any level of prosperity you desire.

Let's start with a little quiz:

Do you experience more scarcity and lack or wealth and abundance?
Do you believe you can have what you truly desire or do you settle for what you think you can afford?
Are you a good money manager or does money "slip through your fingers?"
Do you work hard for your money or do you let your money work hard for you?
Does it seem that, no matter how much money comes in, there's never enough?

How'd you do? Did you notice any "stinking thinking" around money? If so, it's a good time to reset your financial thermostat. Here are five ways to raise your thermostat and become a vibrational match for ever-flowing abundance:

(1) Replace old, tired, limiting beliefs with fresh, empowering beliefs, such as:

This is a Universe of Abundance and I freely and joyously tap into that Abundance.
I know I can be and do and have whatever I desire.
I am an excellent money manager.
My money works hard and I work smart.
I am so happy and grateful now that I know there's always enough.

(2) Write a new script for your financial life. Cast yourself in the leading role as a hero, as a winner, as a huge success, and write a new story of wealth and riches. Not only is this a fun exercise, it's also a powerful way to raise the setting on your financial thermostat.

(3) Keep an Abundance Journal and record every penny that comes to you. When you receive income in any form, write it down, appreciate it and declare with joy "I am a money magnet!"

(4) Commit to your financial success. Stay focused on the level of prosperity you desire, take inspired action and hang in there until you see the evidence (Ka-Ching!) That your financial thermostat has been reset for "Big Bucks!"

(5) Associate with positive, successful people. Birds of a feather flock together, right? Reading books, attending seminars, and spending time with like-minded people who encourage you to believe in your success and teach you how to think like a rich person are great ways to raise your financial thermostat.

So what do you think? Are you ready to release any poverty consciousness you picked up along the way? Are you willing to consciously choose thoughts and actions that contribute to abundance and success? As you raise your financial thermostat to allow in more money, you are at the same time raising your overall vibration to allow in more love, more joy, more health, more confidence, more peace of mind, and more fun adventures of all kinds. It's a package deal. Take a moment now to imagine and savor how fantastic you will feel and how magnificent your life will become as you reset your financial thermostat to "Sky High!"

Source by Kate Corbin

This article is brought to you by Kokula Krishna Hari Kunasekaran! Visit Website or Follow back at @kkkhari

Reasons the Next Financial Crisis Will Be Worse and How You Can Save Yourself

MARKETS ARE FAR MORE VOLATILE NOW IN THE WAKE OF BREXIT AND TRUMP'S ELECTION:

What will happen to you when your savings and retirement account are completely worthless? Gold is the only asset that cannot be created. It has to be mined and pulled out of the earth through a natural process. Against all odds, the US has elected Donald Trump as its new president and no one can predict how the next four years will go. As a commander in chief, Trump now has the power to declare a nuclear war and nobody can legally stop him. Britain has left the EU and other European countries are planning to follow their example. No matter where you are located in the western world, uncertainty is in the air like never before.

THE US GOVERNMENT HAS ITS EYE ON RETIREMENT ACCOUNTS:

In 2010 Portugal seized retirement account assets to help plug holes with government deficits and debt. Ireland and France did the same in 2011, as did Poland in 2013. The US government has been watching. Since 2011, Treasury has taken money from government workers' pension funds on four separate occasions to cover deficits in federal spending. Investing billionaire legend Jim Rogers believes that private accounts will be the next ones the government raids.

TOP 5 US BANKS NOW LARGER THAN BEFORE THE CRISIS:

You learned about the five largest banks in the US and their systemic importance as the unfolding financial crisis threatened to collapse them. Legislators and regulators promised they would address this issue once the crisis was contained. Over five years after the crisis ended, the five biggest banks are even bigger and more critical to the system than before the crisis began. The government made the problem worse when it forced some of these so called "too big to fail" banks to absorb the failing ones. Any of these banking behemoths failing now would be absolutely catastrophic.

DANGER FROM DERIVATIVES THREATENS THE BANKS MORE NOW THAN 2007/2008:

The derivatives that crashed the banks back in 2008 did not disappear as regulators promised. Today the derivatives exposure of the five biggest American banks is a whopping 45% greater than before the economic collapse of 2008. The derivative bubble is over $ 273 trillion now versus the $ 187 trillion of 2008.

US INTEREST ARE ALREADY AT ABNORMAL LOWS SO THE FED HAS LITTLE ROOM TO CUT RATES:

Even after raising interest rates once last year, the Federal funds rate is still in the range of ¼ to ½ percent. Consider that before the crisis erupted in August of 2007, the Federal funds interest rates sat at 5.25%! In the next crisis, the Fed will have less than half a percentage point total it can reduce rates to stimulate the economy.

AMERICAN BANKS ARE NOT THE SAFEST PLACE FOR YOUR MONEY

Global Finance magazine puts out a yearly list of the top 50 safest global banks. Only 5 of those are US based. The top spot an American bank commands is only # 39.

THE FED BALANCE SHEET IS STILL EXPANDED FROM THE FINANCIAL CRISIS OF 2008:

The Fed still has nearly $ 1.8 trillion in mortgage backed securities on its balance sheet from the 2008 financial crisis. This is more than double the less than $ 1 trillion it held before the crisis began. When mortgage backed securities go bad again, the Federal Reserve has a lot less maneuverability to absorb bad assets than before.

THE FDIC ADMITS IT LACKS RESERVES TO COVER ANOTHER BANKING CRISIS:

The latest FDIC's annual report shows that they will not have sufficient reserves to adequately insure the nation's banking deposits for minimally another five years. This stunning revelation admits that they can only cover 1.01% of US bank held deposits, or $ 1 out of every $ 100 of your bank account deposits.

LONG TERM UNEMPLOYMENT IS STILL HIGHER THAN BEFORE THE GREAT RECESSION:

Unemployment was 4.4% in early 2007 before the last crisis began. While the unemployment rate has finally reached the 4.7% levels seen as the financial crisis began to ravage the US economy, the long term unemployment remains high and the employment participation rate is significantly lower more than five years after the previous crisis ended. Joblessness could be much higher in the wake of the coming crisis.

AMERICAN BUSINESSES FAILING AT A RECORD PACE:

In the beginning of 2016, the Gallup CEO Jim Clifton announced that American business failures are now greater than new business startups for the first time in over three decades. The dearth of medium and small businesses has huge implications for an economy long driven by free enterprise. Bigger businesses are not immune to the problems either. Even American economic heavy weights like Microsoft (reducing 18,000 jobs) and McDonald's (shutting down 700 stores for the year) are suffering from this dismal trend.

Source by Raji Muheez

This article is brought to you by Kokula Krishna Hari Kunasekaran! Visit Website or Follow back at @kkkhari

Personal and Financial Success "Secrets" – Surround Yourself With People Who Can Help You Succeed!

Are you struggling in your personal or financial life? Are you struggling to build your business? Do you need help but don't know where to turn for help? Do you have someone that is holding you accountable for your daily or weekly action steps needed to accomplish your goals?

Ask anyone that is successful who helped them to become successful. Successful people will have one or more people in their lives that have helped them with their thinking, motivation, goal setting, daily or weekly steps to success, business building training or mentoring, marketing, and every other area of their lives that needed improvement.

Professional athletes even have coaching and training and mentoring so they can be the best they can be in their sport. Actors have coaching and training to help them become the best actor they can be so they will be successful at their next audition. Singers have coaches and managers as part of their mastermind group that help them get where they want to be in their singing career. Not one professional person did it on their own. They all had someone in their lives that helped them get where they wanted to be in life.

So, who is in your life to help you get where you want to be personally, financially, spiritually, emotionally, or physically? Think about who has been there for you to help you. There are many people that are here to help you succeed in every area of your life.

There are personal growth and self improvement coaches and mentors like Tom Danley, Brian Tracey, Andy Andrews, and Jeffery and Erica Combs that teach you how to improve your thinking, inspire, motivate, create goals and create plans for achieving your greatest goals.

There are financial growth and investing coaches and mentors like Robert Kiyosaki, Donald Trump, and David Bach that show you how to get out of debt and invest for your personal and financial future.

There are many exercise and diet coaches, mentors and trainers that are there to help you get in shape emotionally, physically, mentally and personally.

Are you in a business with successful people that you can use as a mentor to help you build your business? People who are successful business builders have mentors and coaches and support to help them succeed and so should you.

Take the time to find a coach or mentor for every area of your life and your life will become much better! Learn and apply the knowledge to your life and you will succeed! As you improve yourself you will improve every are of your life!

If you continue to do what you are doing right now, you will continue to have the same results you have had up until now. One definition of insanity is to continue doing what you are doing while expecting to see different results.

Source by Jerry Vinson

This article is brought to you by Kokula Krishna Hari Kunasekaran! Visit Website or Follow back at @kkkhari

Reasons the Next Financial Crisis Will Be Worse and How You Can Save Yourself

MARKETS ARE FAR MORE VOLATILE NOW IN THE WAKE OF BREXIT AND TRUMP’S ELECTION:

What will happen to you when your savings and retirement account are completely worthless? Gold is the only asset that cannot be created. It has to be mined and pulled out of the earth through a natural process. Against all odds, the U.S. has elected Donald Trump as its new president and no one can predict how the next four years will go. As a commander in chief, Trump now has the power to declare a nuclear war and nobody can legally stop him. Britain has left the EU and other European countries are planning to follow their example. No matter where you are located in the western world, uncertainty is in the air like never before.

THE U.S GOVERNMENT HAS ITS EYE ON RETIREMENT ACCOUNTS:

In 2010 Portugal seized retirement account assets to help plug holes with government deficits and debt. Ireland and France did the same in 2011, as did Poland in 2013. The U.S. government has been watching. Since 2011, Treasury has taken money from government workers’ pension funds on four separate occasions to cover deficits in federal spending. Investing billionaire legend Jim Rogers believes that private accounts will be the next ones the government raids.

TOP 5 U.S BANKS NOW LARGER THAN BEFORE THE CRISIS:

You learned about the five largest banks in the U.S. and their systemic importance as the unfolding financial crisis threatened to collapse them. Legislators and regulators promised they would address this issue once the crisis was contained. Over five years after the crisis ended, the five biggest banks are even bigger and more critical to the system than before the crisis began. The government made the problem worse when it forced some of these so called “too big to fail” banks to absorb the failing ones. Any of these banking behemoths failing now would be absolutely catastrophic.

DANGER FROM DERIVATIVES THREATENS THE BANKS MORE NOW THAN 2007/2008:

U.S INTEREST ARE ALREADY AT ABNORMAL LOWS SO THE FED HAS LITTLE ROOM TO CUT RATES:

AMERICAN BANKS ARE NOT THE SAFEST PLACE FOR YOUR MONEY

Global Finance magazine puts out a yearly list of the top 50 safest global banks. Only 5 of those are U.S. based. The top spot an American bank commands is only #39.

THE FED BALANCE SHEET IS STILL EXPANDED FROM THE FINANCIAL CRISIS OF 2008:

The Fed still has nearly $1.8 trillion in mortgage backed securities on its balance sheet from the 2008 financial crisis. This is more than double the less than $1 trillion it held before the crisis began. When mortgage backed securities go bad again, the Federal Reserve has a lot less maneuverability to absorb bad assets than before.

THE FDIC ADMITS IT LACKS RESERVES TO COVER ANOTHER BANKING CRISIS:

The latest FDIC’s annual report shows that they will not have sufficient reserves to adequately insure the nation’s banking deposits for minimally another five years. This stunning revelation admits that they can only cover 1.01% of U.S. bank held deposits, or $1 out of every $100 of your bank account deposits.

LONG TERM UNEMPLOYMENT IS STILL HIGHER THAN BEFORE THE GREAT RECESSION:

Unemployment was 4.4% in early 2007 before the last crisis began. While the unemployment rate has finally reached the 4.7% levels seen as the financial crisis began to ravage the U.S. economy, the long term unemployment remains high and the employment participation rate significantly lower more than five years after the previous crisis ended. Joblessness could be much higher in the wake of the coming crisis.

AMERICAN BUSINESSES FAILING AT A RECORD PACE:

In the beginning of 2016, the Gallup CEO Jim Clifton announced that American business failures are now greater than new business startups for the first time in over three decades. The dearth of medium and small businesses has huge implications for an economy long driven by free enterprise. Bigger businesses are not immune to the problems either. Even American economic heavy weights like Microsoft (reducing 18,000 jobs) and McDonald’s (shutting down 700 stores for the year) are suffering from this dismal trend.

Source by Raji Muheez

This article is brought to you by Kokula Krishna Hari Kunasekaran! Visit Website or Follow back at @kkkhari

Personal and Financial Success "Secrets" – Surround Yourself With People Who Can Help You Succeed!

Are you struggling in your personal or financial life? Are you struggling to build your business? Do you need help but don’t know where to turn for help? Do you have someone that is holding you accountable for your daily or weekly action steps needed to accomplish your goals?

There are financial growth and investing coaches and mentors like Robert Kiyosaki, Donald Trump, and David Bach that show you how to get out of debt and invest for your personal and financial future.

There are many exercise and diet coaches, mentors and trainers that are there to help you get in shape emotionally, physically, mentally and personally.

Source by Jerry Vinson

This article is brought to you by Kokula Krishna Hari Kunasekaran! Visit Website or Follow back at @kkkhari