The Seven Laws of Money

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#1

DO IT!
#2 MONEY HAS ITS OWN RULES.
#3 MONEY IS A DREAM.
#4 MONEY IS A NIGHTMARE.
#5 YOU CAN NEVER REALLY GIVE
MONEY AWAY.
#6 YOU CAN NEVER REALLY RECEIVE
MONEY AS A GIFT.
#7 THERE ARE WORLDS WITHOUT MONEY.


     

THE SEVEN LAWS OF MONEY

These Seven Laws cannot be arrived at by a logical process. They deal with a part of man that is outside the realm of the typical body of Western thought. The realm of logic in Western man comprises about 2% of his reality. The remaining 98% of reality includes feelings, sex, art, non-verbal communication, most of our sensual inputs, etc. The Seven Laws deal with the operating relationships that exist in the 98% of the world where our logic doesn't apply. By applying logic to each law, we are attempting to understand Zen Buddhism through logic rather than feeling.

Michael Phillips, author




THE FIRST LAW— DO IT!

Money will come when you are doing the right thing. Focus on the passion rather than the money. Worry about your ability to do it and your competence to do it, but certainly do not worry about the money. There will always be obstacles. It is the energy generated by the commitment to an idea that propels a project toward success. Do not integrate your own need to make a living with the needs of a project.

THE SECOND LAW—MONEY HAS ITS OWN RULES.

Records, Budgets, Saving, Borrowing.
Developing consciousness about what you earn, spend and save to know where you are. The ethics of money. What are your trigger points for being honest? When do you fiddle(cheat)? What is your perception of reality? What is the relationship between you and your commitment, your energy and your passion?

THE THIRD LAW—MONEY IS A DREAM.

A fantasy as alluring as the Pied Piper. Money is a state of mind. An Economist's definition: part of a system of relative pricing and an accounting store of value. Money is a relationship between all things in the world. By chasing that which does not exist, you may end up with a hollow existence. The lack of money will never prevent you from doing what you truly want to do. If everyone could live out their fantasy of having a million dollars, it could significantly change our world.

(Back to List of Money Laws)

THE FOURTH LAW—MONEY IS A NIGHTMARE.

In Jail, Robbery, Fears of Poverty. About 90% of all crimes are committed because of money, and 80% of all people in jail are there because of money-related crimes.

"If you pick up a starving dog and make him prosperous, he will not bite you. This is the principal difference between a dog and a man."

Mark Twain, Pudd'nhead Wilson's Calendar

Most crimes are related to what a person's own conceptions are about money-what he feels he's entitled to or deserves-versus what he's capable of getting on his own.

There is another nightmare as well: inheriting substantial money without having discovered who you are or what your life is about. Receiving money that you have not earned can become a curse and is related to Laws Five and Six. There is always an implicit expectation when money is given that profoundly affects the receiver. The ready availability of money can rob you of your passions. How do you avoid creating money nightmares? By following the first three Laws :

  1. Your values in life must be powerful, tangible values that exist independently of money.
  2. Your relationships with the world around you should be reflected in your behavior in dealing with money-from how your keep your books to being honest about your money perceptions.
  3. Recognize that money is a dream. Substituting money as a goal or motivating factor for the more important things in life will create pain.

THE FIFTH LAW—YOU CAN NEVER REALLY GIVE MONEY AWAY.

Money as a dynamic flow is the essence of The Fifth Law. Money describes a relationship: borrower/lender, buyer/ seller or parent/child. Money flows in certain channels-like electricity through wires. The wires define the relationship, and the flow is what is significant. By looking at money in a larger perspective, even gifts are subject to being part of a two-way flow.

Loan, investment or alliance best describes this relationship. The giving of money is an emotionalnot intellectual contract. Even allowances are given to children with the intention of shaping a child's personality, and they carry with them very strong implicit messages and expectations. Giving? The Fifth Law should be applied in the home first.

THE SIXTH LAW—YOU CAN NEVER REALLY RECEIVE MONEY AS A GIFT.

Money is borrowed, lent or possibly invested. It is never given or received without those concepts implicit in it.

When you get money, you must follow the Second Law and deliver something for it. A gift of money is really a contract; it's really a repayable loan, and it requires performance and an accounting of performance that is satisfactory to the giver. Money acts as a mirror, because it reflects our values and our perception of the world.

Money is not the root of all evil; the love of money is the root of all evil. It is this fear of talking about money, because it might reveal our true nature to the world that we continue to remain unconscious. Unlike religion, there is a lack of rituals, which allow us to deal with the powerful forces that money unleashes. Guilt plays an important role in many forms of giving and, consequently, in receiving.

THE SEVENTH LAW—THERE ARE WORLDS WITHOUT MONEY.

We are in the money, just as a fish is in the water. By acknowledging this fact, we can greatly influence how we respond to the world around us. There are worlds without money. They are the worlds of art, poetry, music, dance, sex, etc.-the essentials of human life.

The Seventh Law is like the star that guides our life. It is not physically a part of our life, but it is an aid to our orientation.

The recognition of the role of money in our life from birth until the moment of death comes from an understanding of where we are: it is where we walk and struggle and eat and think and understand. There is a world without money, but we can only reach it by focusing on the non-money parts of life-what we do, how we work, who we are and those we care about.

Note: The Seven Laws of Money served as an important treatise for developing the concept for SEEING MONEY.

Helen Gundlach, Project Director