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THE JIM ROHN
WEEK SEVENTEEN
Welcome to Week Seventeen of the Jim Rohn One-Year Success Plan. We hope you are
having a great week and are ready for this week's journey.
Last week we touched on the principle of the Slight Edge (SE) and focused on Part Three
of Pillar Four - Investing. In this week's edition Jim covers Part Four of Finance - Giving,
then Chris follows up with some additional key points on the subject and reviews cd 12
of the New Millennium Event.
I want to reiterate the SE concept again this week. Whether someone is starting over,
doing okay or hitting Grand Slams, the principle of SE applies. As stated last week:
1) What small but steady activities can I be doing today, that over a long period of time
can lead to big, long-term results?
2) And conversely, am I neglecting to do any of the very easy, doable basics that can
make a major difference in my future?
These are two great questions to ask ourselves every day.
Also, I encourage you to celebrate that you are part of a small group of people
(percentage-wise) who have actually committed to a plan, a process, a blue print and a
commitment to inspect and improve your lives. Great health, wealth, relationships and
overall success and abundance are upstream. But where else would we want to be or go?
Pat yourself on the back for making that decision. Also, continue to be thankful that you
are in the place to make such a decision. Look into the future at the person you desire to
become. Keep putting one foot in front of the other making those Slight Edge decisions
that will create compounding results on a daily basis.
You are doing GREAT!!!!
Kyle
“Progress, however, of the best kind, is comparatively slow. Great results cannot be
achieved at once; and we must be satisfied to advance in life as we walk, step by
step.”
-– Sauel Siles
Copyright Jim Rohn International 2002-2004
309
C
opyright Jim Rohn International 2002-2004
310
MONEY AND FINANCE
Jim Rohn's Fourth Pillar of Success: Money and Finance,
Part Four – Giving
The four pivotal topics we've discussed in regard to finances are:
1. Getting Out of Debt
- Debt is a killer. It is a killer of dreams and hopes. It is a killer
of businesses. It is a killer of financial futures. And, according to statistics, debt plays a
prominent role in many failed marriages. So what should we conclude from this? If we
are to be successful, we must have a commitment to stay out of debt! You can make two
million dollars a year but if you spend 2.5 million dollars, it doesn't matter how much
money you made, does it? You will be saddled with debt. We addressed this three weeks
ago.
2. Saving
- One of the key components to long-term wealth building is the discipline of
saving money on a regular basis. Two weeks ago, we went through the basics and
showed how a commitment to saving money can revolutionize your financial life and
provide the kind of security you desire. One simple difference between the philosophy of
the rich and the poor is: the rich save/invest their money and spend what is left; the poor
spend their money and save/invest what is left. What a simple shift in our thinking for
such a revolutionary result.
3. Investing
- Investing is much different than saving. Investing involves risk - calculated
risk - and the possibility for much more reward. Saving and investing are done for
different reasons and with different desired goals and outcomes. By taking a portion of
our income and turning it into capital to be invested, we will be actively working toward
our goal of financial independence. We covered the importance of investing, along with
some basics of investing in last week's edition.
4. Giving
- Giving a portion of your resources away is one of the most powerful
principles you will ever embrace. It seems counter-intuitive, but the truth is that giving
will help you achieve the financial freedom you desire. Amazingly, giving makes you
bigger than you are. The more you pour out, the more life will be able to pour back in. So
giving a percentage of your resources away will help you not only have more money but
enjoy it more as well, and that is the best benefit. We cover giving in this week's edition.
Giving is a very powerful thing. Because here's what's exciting, sharing makes you bigger
than you are. The more you pour out, the more life will be able to pour in. What you give
becomes an investment that will return to you multiplied at some point in the future.
Becoming a giving person will bring you so much more in your life. You will become the
kind of person who others look to, respect and appreciate.
Giving is about being fully human. It is about making something of ourselves that goes
beyond what we merely do for ourselves. It is very important to work for ourselves, to
determine our own futures, but a person could do that and still not reach the peak of their
human potential. They could do that and be entirely selfish. And while they may be able
Copyright Jim Rohn International 2002-2004
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to build an empire or financial independence, they would also be missing something.
They would be missing that part that is altruistic, the generous, human element that wants
to help others, to make a difference. Because when we choose to give, everybody wins.
Giving of ourselves, especially financially, can make a big difference for us and in us.
And it is relatively easy to do, if we discipline ourselves to do it. And my
recommendation to you would be to start this discipline when the amounts are small. It's
easy to give ten cents out of every dollar, but much harder to give one hundred thousand
dollars out of a million if you haven't developed the discipline of giving.
So let me give you four ways that giving financially changes you and five steps to
becoming a generous giver.
Four Ways Giving Financially Changes You
1. Giving keeps money in its proper perspective.
Money is a great tool. It enables you
to experience so many different aspects of life that you can’t if you don’t have money.
But in the end, money isn’t the end! Money for money’s sake is a hopeless goal. Money
is a tool that helps us do better things, enjoy life and help others. When we give money
away, we tell ourselves that money isn’t the end all. It is a tool. We gain proper
perspective when we give money away to organizations and people that need it.
2. Giving makes you more aware of others and their needs.
If you are going to give
away money on a regular basis, then you will most certainly be looking for what you are
going to be giving it to. Your vision opens up to many new worlds. When the option is
open for giving money away you will soon begin to see the wide spectrum of the many
people and organizations that can really use your help. Your heart will experience a
unique transformation as you see all of the good accomplished through so many
organizations – there really are so many good groups out there doing fantastic things for
those who need it.
3. Giving enables you to be a difference maker.
At the
end of our lives we want to be able to look back and say
that the world is a better place because we were here. W
made a difference. People are better off because they met
us. Organizations made a bigger impact because we gave
generously to help support their purposes. Our
businesses had an impact in the lives of our customers.
When we generously give of our finances, we become
difference makers – either through direct contribution or
through the efforts of the organizations we support. And
at the end of our lives we will have stored up for
ourselves many intangible treasures.
e
Copyright Jim Rohn International 2002-2004
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4. Giving ignites the principle of sowing and reaping.
The ancient saying is that you “reap what you sow.” When
we give financially to others we are sowing – sowing
goodness, sowing financially, sowing generosity, sowing a
higher purpose. And that means we will reap those things
too. We become people of higher vision than those who
simply work only for themselves. We accomplish many
more goals and objectives, and in a way that makes our
world a better place. What an incredible gift we have to
bestow on others, and yet amazingly in the giving process
it starts the reciprocal reaction of the receiving process in our own lives. Because the
more we give, the more we open ourselves up to receive--to receive the benefits of
generosity, the gifts galore of both tangible and intangible things. So start the process
today, (if you haven't already) and watch your life take on a whole exciting new aspect
and look for the miracles to occur!
Five Steps to Becoming a Generous Giver
If you have as a goal to become a generous giver, I would encourage you to work to
accomplish it in the same way you would do anything: Think it through, plan it out, and
execute the plan. Here is a process you can implement immediately that will move you
toward your goal of becoming a generous giver who makes a difference!
1. Think it through
. Who do you want to give to? What causes move you? What groups
are doing the work you want to support? Who needs your help? There are many, many
groups who need assistance. In fact, too many for any one person. This is why it is
important to be very clear in your own mind as to what you want your giving dollars to
do when you give them. What organizations would be "good ground" to sow into? There
are religious causes, political causes, humanitarian causes and more. Think through and
prioritize who and what you want to give to.
2. Budget your giving.
If you aren’t currently giving, you will need to take a look at how
you will come up with the money to give and then adjust accordingly. Will it come from
your discretionary income or from cutting back on a current expenditure? Budgeting will
help you decide. Then you need to decide on either a fixed amount or a percentage.
Historically, millions of people use the concept of tithing. “Tithe” means tenth. So many
people give a tenth of their income to charities of their choice. The important idea is that
you budget it in so it gets done on a regular basis.
3. Give on a schedule
. The easiest thing to do is to give when you get a paycheck. Just as
you pay the taxman or the electric bill, give to those organizations you want to support. If
you have it in your budget and in your schedule, then you will get it done. So when some
comes in, make sure a little goes back out in your giving budget.
4. Be generous.
In the end, most people will probably wish they had given more. They
will get to the end of their lives and realize that they were cutting corners on their giving
when instead they could have given more. Be generous. If you can, make the check a
little bit bigger. Review from year to year what you are giving, and if your income has
Copyright Jim Rohn International 2002-2004
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