The True Essence of Financial Prosperity

By Imran Rahman in Prosperity on March 18th, 2008 / 2 Comments

Money is an essential part of life. It has been around for a really long time in many different forms and is not going anywhere anytime soon. As time progresses, we are going to see more and more transactions performed digitally and paper money will eventually be phased out. No matter what its form, money will continue to affect our lives in countless ways.

So What Exactly Is Money?
In simple terms, money it is a tool used to measure the exchange of value between two entities. A simple example is an employee trading their time for money with an employer. Knowledge, experience, skills, and talents are just some of the factors which determine an individual’s capacity to earn money. The employer and employee simply agree to trade a specific amount of money for a specific amount of time and an exchange of value takes place resulting in the transfer of money.

That same money is then used to pay for all different sorts of needs and wants. It pays for the food we eat, the clothes we wear, and the places where we reside. It pays for the cars we drive, the material possessions we enjoy, and the luxuries in which we choose to indulge. In order to live the kind of lifestyle we want, we must have the money to pay for it. Although credit can allow a person to pay for a lifestyle they cannot otherwise afford, there is nothing worse you can do for your financial prosperity than using credit to acquire liabilities.

So, let’s get this straight. Money comes as a result of trading our knowledge and time. It is something you obtain only after you have provided value to a particular cause.

So if you want more money, provide more value. It is really that simple. The real question to constantly ask yourself when you want more money in your life is; how can I help more people and how can I provide more value?

As shared earlier, an individual’s capacity to earn money is dependent upon many different factors such as their knowledge, experience, skills, and talents amongst other things.

The more knowledgeable people are in their respective fields, the more likely they are to earn more money. Experts in a particular field are typically top earners within that field because they have the expertise to conduct higher level transactions than everyone else. People and businesses are willing to pay experts a higher amount of money because they are able to provide a higher amount of value.

Experience is also a crucial part in the determination of an individual’s money worth. With time and practice comes knowledge which cannot be gained any other way. You may have heard before, “practice makes perfect,” but that is simply not true. Practice only makes permanent. It is the manner in which the practice is conducted that determines its worth. Experience allows an individual to learn and grow in a particular field over time. This translates into a higher quality of work performed resulting in a higher amount of money earned.

Skills and talents work similarly to experience. The more skilled and talented an individual is with their work, the more money they are able to charge for their services.

It is very important to note that we all are talented and gifted in unique ways. It is when we align our professional desires with our talents and gifts that we can begin to experience true fulfillment in our lives. If we become the best at what we do, money will naturally follow.

When it comes to money or life in general for that matter, it all goes back to how we think and what we believe. Our lives are simply a mirror of what we believe to be true at our innermost core. As we go along in life, our reality is validated by our thoughts and beliefs. The essence of our financial prosperity is rooted in how we feel and think about money.

If you want to be rich, let me share the single most important fact which separates the poor from the rich: learn to save money.

There are a billion ways to spend money. We are constantly being bombarded with advertisements and marketing campaigns designed for us to spend money. Ironically, since most of us were never educated in financial affairs, we continue to borrow our understanding of money from our parents, society, and culture. At times this may be a good thing, but given that most people are poor, it seems that what most people believe to be true about financial prosperity may not be true after all.

When it comes to how much money you have today, the math is very simple. How much money a person has will always equal to how much money they earned minus how much money they spent. I know I am not sharing the biggest financial revelation of your life with you, but I cannot stress the importance of this most basic principle.

If an individual is earning $40,000 dollars a year and saving $10,000 of it, they are hundred times more likely to reach financial freedom than an individual earning $80,000 a year and spending $100,000. People often ask each other, how much money do you make? In reality, the answer to that question is irrelevant to an individual financial worth.

Please read the lines in bold text below three times so that you are more likely to begin to understand their significance in your financial future. The essence of long term financial prosperity lies in the following three timeless principles:

  1. Continually educate and grow yourself so you may earn more money.
  2. Spend only a small fraction of what you earn by choosing to live a moderate lifestyle.
  3. Always save and invest your money is such a manner that you earn more money.

If you were expecting one thing you can do which will make you rich forever, I am sorry to disappoint, but in my opinion your financial future is solely dependent upon the timeless essence of what is conveyed in the three simple points above.

Even though they sound extremely simple, making the three points happen consistently requires massive persistence and strict discipline. Fortunately there are a tremendous amount of resources which can help you in your quest for financial freedom.

A book, which changed my outlook on money forever, one I highly recommend is: “Secrets of the Millionaire Mind,” by T. Harv Eker. I hope that everyone who wishes to create a prosperous financial future reads this timeless classic.

As we depart, I want you to forever remember the following four words, “Nothing ventured, nothing gained.”

About the author:
Imran Rahman is a young entrepreneur, inspirational speaker, and author living in Tampa, FL. He has a deep passion for sharing the exact science of creating results and achieving dreams. He has chosen sharing knowledge with others in the areas of spirituality, success, happiness, health, relationships and finances as his life mission. He can be contacted at

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2 Responses to “The True Essence of Financial Prosperity”

  1. Mark T. Rafter Says:

    Imran – you are, well, I have to say it … right on the money! Money is not what we really want but a commonly accepted medium of exchange that helps us to get what we want.

    Your comments about value are accurate as well. I think this is one of the big failings of many “teachers” of the Law of Attraction and other metaphysical perspectives. They seem to encourage people to Ask, Believe and then site back while their order is filled…NOT GOING TO HAPPEN. Many of the laws of physics, metaphysics and common sense work on the principle of reciprocity, ultimately mediated on what all parties concerned – including the universe – perceive to be a fair exchange of value.

    Good post!

  2. Imran Rahman Says:

    Thank you Mark.

    It is my firm conviction that money is a result. We must escape it to achieve it. As we follow our hearts and become the best at what we do, I am certain that it will come to those who can show the Universe that they respect it and utilize it to increase life for all.

    All the best on your quests.

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