I was feeling poor nine months ago. I wasn't sure if I could pay my bills. What that motivated me to do was ask, "What do I really want out of money? What is the main thing I'm afraid of?"
I looked at it, "Well, okay, if I don't have any money, I won't be able to pay my bills."
What's wrong with not paying my bills?
"Well, if I don't pay my bills, I won't be able to feed my family."
There was my bottom line fear.
The problem is as long as you focus on the wealth accumulation, often the bottom line fear doesn't go anywhere. You still can feel poor even if you have lots of money, if the bottom line fear is not addressed.
The cheapest way to feel wealthy is to start by asking, "What do you really want out of feeling wealthy?"
This takes a little bit of courage to dig deep, go down to the bottom and see, "What is the end goal, what is the main fear you have out of being poor?"
Prefer to watch? See the original video of day 166 of Happier People Podcast on YouTube to enjoy the full experience on film!
What is the cheapest way to feel wealthy?
I'll show you the cheapest way to feel wealthy right now.
Look, here's the cheapest way to feel wealthy. This is the top of my kitchen. These are Quaker Oats and peanut butter, and this is enough food to feed my family for at least a month, if not several months.
Then, I've got beans.
I'll show you inside my closet here.
You might think, "What does having some peanut butter and some oats do for feeling wealthy?”
I've got all these cans of beans in here.
I choose beans because they're very healthy. They've got lots of vitamins in them, they've got lots of protein and I eat vegan. Beans are a very good thing for me to eat every day.
I've got spinach, vegetables and beans. I also have got whole grains and peanut butter.
That's enough to feed my family, my wife, me and my daughter.
That's enough to feed my family for at least a month, if not two or three months, just with what I've got in the kitchen and my closet.
You see that the peanut butter has a lot of calories in it.
There are 34 servings in this can of peanut butter of 190 calories. A human being only needs about 2,000 a day to have that plenty of calories. Therefore, I've got enough to feed my whole family for more than a day in just that one can.
So, each of these up here, that's at least a day and a half, especially when you combine it with the oats and the spinach. I've got enough to feed my family for at least a month, if not several months in the house.
Before this, when I was feeling broke, when I was feeling poor, when I was afraid of not having enough money, you see, I only needed to spend a couple hundred dollars to feel wealthy.
The trick is what you really want is to feel wealthy. You don't actually want to be wealthy because that's subjective.
There are some people who would say, "Look around your house, man. Look at this two-bedroom house you're renting."
I'm sure there are people who would say, "Look at this two-bedroom house you're in, man. You are broke. Clearly, you are broke. Look around in here. There's not one nice thing in here. Well, that's a nice TV."
You would have people look around my house and say this is clear proof I'm broke. There's nothing fancy or expensive in here outside of the equipment I use in my studio.
There are plenty of people in the world who would argue that clearly I'm broke, looking around my house. There are lots of other people, probably a lot more people in the world who'd say, "Wow, you have wealth beyond reason. Look at that. You've got a nice couch. You've got your own place to live. You have incredible wealth."
You see, wealth is subjective.
What one person thinks is just massive wealth, another person that's their idea of dead broke. I'm standing in the middle of someone's idea of having completely made it and I'm standing in the middle of someone's worst case scenario right now.
Yes, my life from some points of view is a worst case scenario.
The point is wealth is quite subjective.
My dog is just going crazy licking herself.
Would you take a break for the video?
You can go back to licking yourself for the rest of the day.
The point is what we want to do is feel wealthy.
We don't actually want to be wealthy.
We want to feel wealthy.
We want to feel like we have enough, like we are enough.
What I've learned is address those baseline fears.
One of those baseline fears is that, "I'm so poor, I can't feed my family."
While intellectually it might take me making thousands of dollars to feel a little bit more wealthy, my little peanut butter and oatmeal stash makes me feel way wealthy because this addresses my bottom line fears.
Each of these peanut butter thing was $6, and each of the oats was two for $6, that cost me an extra $200. The amount of wealthy I feel knowing that I've got enough food in my house to feed my family for several months is easily worth $10,000 or $20,000 in the bank.
I shared this with you because I'm going to bet, regardless of how broke you think you are, you've got enough money to go to the store and buy some more food and address those baseline fears.
Address those fears that are keeping you up working and worrying night and day, that are making you feel like you're not good enough.
It might seem too simple, too stupid and too easy.
It might be like, "Jerry, really? Spend $100 at the store to buy some extra food and I'm going to feel wealthy?"
Yes.
I bought the peanut butter and oatmeal because I'm vegan. Those things, if the power goes out, it doesn't matter. If there's little flood, it doesn't matter. Those food are extremely durable.
In other words, I didn't fill my freezer full of meat or anything, not just a vegan thing. But you see, if I'm so poor that I can't pay my electric bill, then all of a sudden, I can't keep food in the freezer either. I bought food that even if I can't pay the electric bill or the water bill, I can still eat it and that food will still be good.
You might think, "Oh, that's such a stupid trick."
It works.
If you're feeling broke, go buy some extra food. Just try it.
If you're feeling broke, spend some of the money you do have, buy some extra food so that you've got enough food to feed your family in the house for at least a month, if not two or three months.
Then what I've found, once I feel wealthy, the world will tend to give me more money.
There's this weird thing that happens. When you're broke, it's like no one wants to give you anything. It's stupid, I've had almost no money at all at a lot of points in my life, I have been living paycheck to paycheck. I used to risk my life for $9 or $10 an hour. I had a $395 a month apartment in the ghetto and I felt broke.
No one wanted to give me money either. It was so difficult to get a better job, to have any good opportunities come along financially. When you feel broke, it's hard to get any more wealth because other people feel like you being broke is contagious.
On some deep level, we know that feelings are contagious. What tends to happen is if you feel broke you tend to hang out with a lot of other people who feel broke because if you hang out with people who feel wealthy it often is uncomfortable.
To hang out with someone who feels like they are good enough, like they have enough often feels uncomfortable, because it forces you to take a look at, "Well what can I do about being broke? What can I do about that?"
I felt quite like I was just about to run out of money at the beginning of the year. My business was using up my life, and my bills were using up more money than I was getting in every month.
I'm grateful that I took action on what I could.
I couldn't just go get someone to give me money, but what I could do is address those bottom line fears, address those things that are behind in my desire to get money.
Now, it's amazing all of the actual money that's been given to me since I bought some peanut butter, oatmeal and spinach at the store. As soon as I started feeling wealthy the world has literally just heaped actual money on me.
Now, that is not going to happen in every single case, but if you take care of those baseline fears, spend the money you have, not to feel broke and to address those bottom line needs, you'll feel wealthy like I felt as soon as I brought all that peanut butter and oatmeal in the house.
I felt wealthy like, "Man I can feed my family no matter what," that's wealthy to know that you can feed your family no matter what, and you don't need money in the bank to do that, just some extra food in the house will cover that.
It's ridiculous and it works.
I'm grateful I've had the biggest single increase in my business ever over the next two or three months since I went to the store and bought that food because as soon as I bought all that, I felt wealthy.
As soon as I felt wealthy, the world began to reinforce that.
I hope this is helpful for you today, especially if you're in that same spot, you're feeling broke, you're not sure what you're going to do. The key thing is to be able to make a choice with what you do have.
Then, when you feel wealthy, the world will reinforce your feeling.
If you feel broke, I'm sure you know how much the world will reinforce your feeling of feeling broke.
Today, I'm grateful to be here with you and have this tip to share with you.
I hope it's helpful. Thank you for reading this post. I love you.
You're awesome and I hope to see you again soon!
If you found this post helpful on Steemit, would you please upvote it and follow me because you will then be able to see more posts like this in your home feed?
Love,
Jerry Banfield with edits by @gmichelbkk from the transcript by GoTranscript.
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Or
We have not store of foods for at least 5 days. It seems you are millionaire in my viewpoint . So strange you wrote about how to feel wealthy? million kids do not find food for at least one time in a day and you stored for a month :D
Yes. You should feel wealthy with richest way because you never have faced hunger like 3rd world countries.
Whenever I hear snowflakes complaining in the USA about somebody saying a bad word, or something equally inane, I lose my cool because of things like this. There are even starving kids in my country and we are rapidly joining the ranks of the 3rd world for most of our population, yet we complain about somebody saying something mean, and my feelings hurt.
One of my friends from Pakistan, as we were working one day, we noticed a bottle of hair conditioner selling for $25! He picked it up and laughed, and told me, in his country, $25 would feed him, house him and pay for 1 month in college.
"Fallacy of relative privation ("not as bad as") – dismissing an argument or complaint due to the existence of more important problems in the world, regardless of whether those problems bear relevance to the initial argument."
https://en.wikipedia.org/wiki/List_of_fallacies
You guys do realize that Jerry would agree with the thrust of your argument, right?
Him attacking a psychological problem that happens to exist in a first world country (I would argue, mostly thanks to the corporations who have purchased the government, who can probably be held responsible for both some of your complaints about poverty in the third world and Jerry's topic in this post) is in no way a validation of what you are complaining about.
Do you guys go around shaming animal rescue charities because they are "wasting" money that could be used on humans?
No, I'm sorry, friend, that's exactly the point I was trying to make. I wasn't trying to shame anybody.
Jerry is showing us, in what I consider to be a humble manner, his acquisition of wealth. He isn't showing us a yacht, or a fancy new Porsche. He isn't flashing stacks of cash, or fancy jewelry. He is showing us that he has acquired food for his family's needs in case of a barren period.
What I was trying to get at is that in my country, I am surrounded by obese ingrates, 'Victims of Plentitude' if you will, who have their needs taken care of to the point that they make drama where none should exist. Screaming in the streets about some perceived injustice because somebody said a bad thing [which, mostly I agree, maybe the thing shouldn't be said, but whatever. its up to each person to be mature enough to control THEMSELVES], while just down the street from their "protests" a child is looking for a meal, or grandma can't pay her heating bill. It's disheartening, and it hurts me deeply that people have such twisted priorities.
Our respective locales sound alarmingly similar.
Your friend is true. And here family pays $25-30 for slum, a single room, a public toilet and a public kitchen and a public tube well. I have a charity school, and I can feed fruits 50 underprivileged kids just with less than $12, once in a week.
One of my school kids was working as a child laborer for 25-30 dollars in a month . But I brought him at @SchoolForSDG4 . $ 25 can only let him sleep in slums for a month. I had to help them financially Because we started our life journey from such level. I also know how critical situation kids are facing in USA now for recent natural disaster and in many other countries too. May God save all.
I believe , If we really want to see how one feel wealthy in cheapest way, then we should find them who are feeling happy with $25 a month. May be their words do not reach on steemit but medium. I wish all kids will get foods and schooling from around the world.
Yes may God save us all! Thank you for the amazing discussion on this post!
Thank you @jerrybanfield. I am thankful to you because I became serious on steemit after watching your tutorials on facebook. thanks for welcoming arguments <3
The rich are rich for the same reason the poor are poor which is the feeling of not being enough. The pain of separation is the same for all. The same pain of the poor yelling how the rich steal the world is what motivates the rich to yell back that the poor deserve their lot. Our only exit is to wake up to our humanity and connect with each other honestly without judgement or condemnation because in this connected mind the poor would understand the rich and the rich the poor as equals. The poor would help the rich appreciate life and the rich would give the poor any material goods needed. Therefore, the poor and the rich are victims of the same disease.
The old monk saying says: Ha happy is that person who has a lot. But happy is that person who has enough!
Yeah I feel you. Whenever I encounter those real-life wages in most of the countries I feel somehow ashamed that we're making fuss about not getting a re-fill in a caffee.
"that we cry about not getting a re-fill in the caffee."
Can you cite even one example of this in real life?
"Straw man fallacy – an argument based on misrepresentation of an opponent's position."
https://en.wikipedia.org/wiki/Straw_man
No, I live in a 3rd world country where re-fills don't exist.
It was more metaphorical of course.
And my 'cry about' I meant 'demand something better', so sorry if I'm struggling making myself clear enough here, English is not my native language.
So I'm glad if I'm wrong about this one and 1st world people are better than media paints them. )
"1st world people are better than media paints them."
I'm not going to say we are great, but I think we're a lot better than this, yeah.
Thank you for your comment.
Yes I never have faced hunger not one day in 33 years. What I have faced is sitting in the middle of all the wealth in the world and feeling suicidal because it somehow was still not enough. Is it worse to starve to death because a group of people in a few countries setup a system to hold all the wealth or to kill oneself in the middle of all that wealth? We all struggle with the disease and pain of separation. The rich and the poor alike have the same problem of not enough with different symptoms. In sharing life as it is where we are, we gain the experience we need to connect. When we assume our viewpoint is better or worse, we are in the middle of the problem and get motivation for a solution. Thus, to face hunger of the stomach or hunger of the soul is equally painful. In fact, I enjoy being hungry now and voluntarily fast. I think I might enjoy starving to death as a way to die which will then return my immortal soul to the collective.
You think you may enjoy starving to death as a way to die? This discussion has gone down a dark road ha
I'm sorry you had to see this tripe. Have an upvote.
@ats-david, I greatly respect your opinion on curation based on what I have seen of your history on this platform.
Would you be willing to expand on what makes this "tripe"? Is the complaint you responded to not merely a fallacy of relative privation, which could easily be slapped on any number of other posts, including things like charity posts aimed at animal rather than human rescue?
Do you feel this post is tripe because it is advice you have no use for? Or perhaps this is advice that only people that are "unappealingly weak, in a way that manifests as resource-paranoia, and can outwardly be perceived as entitlement or lack of worldliness/stoicism" would need? That is a vaguer description than I would like, and I'm not attempting to imply anything, but words are failing me at the moment in their specificity.
In other words, the target audience for this advice may be a bit neurotic/entitled, and this is perhaps a turn-off?
I certainly can understand completely skipping or even being turned off by this post. However, you taking your time to stop in and brand it as tripe is admittedly of more interest to me. For the record, it's also not for me, but I am not the target audience.
Having said that, I generally consider things that encourage people to take more responsibility for their and their families food security to be a good thing. Hardening households against any short-to-long-term disruptions in JIT grocery supply lines can only be a good thing. If more people did this, half the grocery stores and gas stations in Florida wouldn't have been cleaned out for Irma.
If this process has the side-effect of calming some people's neuroses, that can only be a good thing. 1 in 6 people in the US are on psychiatric meds. We may not be lacking in resources but we are lacking in both happiness and mental stability.
Bonus nonsense - if memory serves, eating tripe in Nethack returns "Yak - dog food!".
My 2(non)sense: Tripe is cow's stomach. Yum, yum menudo.
Also, as a bonus fact to your Psych-meds statistic: 1 in 8 Americans is dealing with alchoholism.
Yeah, it's a horror show out there.
Thank you @ats-david for understanding me.
Thank you for voting up these comments on the post to help me see them!
Yes I agree, I lived in 3rd word country and I know what are you talking about, people don't find even food for one day, and now I am living in Russia and it's hard for me to find a work because I am foreigner, but people that didn't live in poor countries they will never understand what we are talking about, they cry if they don't eat some cookies, but we don't have a choice, it's life, and life is unfair ... .
I feel sorry for you and You said words of thousands. I Hope you will find a better job. I am fan of jerry but I was laughing when he said cheapest. I think it is richest for my country. I Love jerry for his tutorials and he motivated me lot but I think this is a topic/title do not goes with millionaire.
It is love that takes out fear .... great points
Thank you very much Luis!
this is great Jerry. I have seen this video a few weeks ago, can't remember when.. I feel great watching it, then now you posted is here and not by watching now but by reading I feel great again... this article is great Upvoted and Resteemed it
Thank you very much Hiro for resteeming and upvoting!
I am the one must thank you Jerry by teaching a priceless wisdom everytime. And I appreciate it because it will serve me a lot in the coming years. Money is important but wisdom is more important. Best of luck Jerry
This was a GREAT post @jerrybanfield! The concept of "wealth" is indeed very subjective. To me... and beans aside... hehe ;) - I would say this: We are ALL enormously wealthy from the inside out! If people worried less about the bills and focused more on what they CAN achieve with what they DO have - their lives would be greatly different.
In fact, if people looked more at the CAN'S (no pun intended lol) than the CANNOT'S - they would be instantaneously wealthier!!!!
Not having enough to cover your bills and monthly or daily responsibilities is something that can be VERY daunting... VERY stressful! Trust me, I know... I am a business owner in South Africa... (need I say more!!! - just watch our news!) - I live in a constant state of stealing from peter to feed paul... and let me tell you... it is no joke on the stress levels...
but and it is a BIG but (isnt it always) - you HAVE to shift your focus from the "not having enough" to one of "so what can I do about this" - because despite peoples often lack of belief in this.... there is ALWAYS something you can do to turn something around - and ultimately "feel" and "be" wealthy / successful / free....
Really enjoyed this one!!! :)
Thank you @jaynie I really needed that after seeing some of the other discussion here!
Always and only a pleasure :)
First, I would like to say that if you feel broke not just people stay away from you, but also "friends" you thought they were with you. Jerry what you say it works and can assure that because I live in Greece and am totally out of any payroll for 7 years. That tip is somehow the basis of attraction to anything someone can ask in life.
Hey jerrybanfield,
Very interesting read, Thanks you for sharing it!
And on the plus side, you have started becoming a prepper!! First item on the list is long lasting foods and you have that! Lol
following you sir
All of your post are amazing
Thanks for posting informative news
This is something that has importance. I will be glad trying it out. Thanks for giving your honest opinion about this.
aww thanks for this article. It actually made me feel so much better, I was having a little irrational fear going on in my mind! Going broke or fear of instability of financial security is one of biggest fears to overcome. :) Maybe I might just line my kitchen with peanut butter. hehe thanks for this.
You're welcome Karen! Thank you for letting me know this is how you felt after reading!
hehe no problem! You words make a difference. Keep writing awesome posts. :) Sometimes we all just need a picker upper.
I agree, wealth is definitely subjective. What is most important is our health and the basic needs such as food, water and shelter. We use and do so many things that are needless and our greed is what makes us feel poor. We must understand that when we die we cannot take our wealth to our grave. Thank you for all your great posts and tips. Your dog is awesome :)
Thank you generation! Happy to see your comment after the storm!
Nice seeing the dogs!
They will be reminiscing about dog walks with you for years! Dog years.
Make sure there aren't any possums around though!!
This is interesting. Almost brilliant. But fear is always around. And the stash might serve as a reminder. Glad it worked for you, will try.
True inspiration
Wow, that's actually kinda deep.....
all in one..
Outstanding writeup. I have always been fascinated with how different perspectives of the same event can be perceived so drastically different. You have helped me to understand this concept better, thank you!
I'm big on storing PB it's probably the best survival food out there.
My biggest fear is getting old without ever getting well traveled.
Something I never could afford to do for the whole of my life.
Now crypto trading gave me a glimmer of hope last couple of months that I could do this one day...
But the two China news scared me a bit, what if the market will go bearish for months and years and I will die without being able to ever visit one single country...
I am totally witb you on this. Food security, as the Politikal call it, is very important. I have 5 mouths to feed and I can do that for months if I loose my car or job. It's simply a great, no-brainer, type of investment. Paying off a few bills a few month's in advance is always nice too as it modifies my spending habits amd frees me of the headaches.
Yes! This is what I was just thinking and bam there you are to reinforce my thoughts. Food for my family. This is why having a vegetable garden feels so great too! Ok and nappies and toilet paper are a must at the moment.
Dont worry Jerry ,,you've helped many and you have many supports from us
Chears
I'll vote for you anytime in anything
Awesome Research
Awesome post! I completely agree that wealth is a frame of mind. The sign of wealth for me are my children being safe, happy, and loved. Doing that creates their base in life for their success. Thank you very much for the post!
Agree..
We just have to look around us.. Value what we have. We have to focus on the answers to our NEEDs not wants. Contentment is important so one can be happy. Never be jealous and.envious..
Make other people happy, and you will be happy, too.
Pls check my posts too.
Thanks
@jerrybanfield Awesome posts sir... I thoroughly concur along with you. Adore it..
Really unusual and insightful trick.
Never heard about anything similar!
Thank you!
Love ya!
@jerrybanfield you inspire me man:) Joined steemit recently and I aspire to grow and provide value like you some day.
The only thing that i know is god is there and he saw you every time you mad a good thing so let the thing happen and let him be worry about you.
Make your efforts with hard work one day you will reach to success surely.
It's Baked Beans and Yorkshire Pudding for breakfast for me :)
I have that often…
its very strange that u store food for few months.... i think u don,t visit poor countries and you don,t faced those people who are unable to eat one time a day and some people did not eat anything for a few days... common man grow up....think about it please never mind its my opinion and hope u did,not mind it and got my point....
You make some good points about the perception of wealth here Jerry, and how the law of attraction will come into play to reinforce those views. I am 100% in agreement with you on that.
Also, having a lot of material objects doesn't necessarily mean you feel wealthy. I sold/gave away nearly all of my posessions and moved to the other side of the world with just 50kg of necessities. I feel richer now than I ever did in the past even though I have no "things" to show for it.
It's funny, cos based on what I know about you, I wouldn't consider you to be poor at all. You are killing it on steemit and a lot of people are envious of your position. And yet, here we are. You just wrote a post about feeling broke and poor, which is the exact opposite of what I would have expected to see from you. It just goes to show you really can't be sure about how different people will look at the same situation.
Also, as a fellow vegan, stocking up on oats and peanut butter sounds like a delicious idea. Big thumbs up to this.
That's exactly what the Law of Attraction is about! Good for you and your family! :-) I am glad you talk about this topic. It is so imprtant for everyone to understand that it's not a fight but a feeling process. Feel wealthy, become wealthy, or wait! You are already wealthy feeling wealthy :-)
I knew :)).... you are this peanut butter man.
Thats a sweet and inspiring story @jerrybanfield :) I appreciate your raw and authentic expression of what feels true and alive for you. You inspired me to get honest about why I want to be wealthy :) cheers
Jerry thanks for your thoughts,today you feel poor and that you might not be able to feed your family so you stock up on food for the family......and it helps you and i to feel ok that we can feed our family. Does all this have anything to do with bitcoins value going down cos of Jamie Dimon (Papademetriou) head of JP Morgan comment that said Bitcoin is a fraud which bought the value of our bitcoins down????
I just want money cause i don't want to worry about anything.
Well written Jerry, i am happy that i've started reading your posts.
It is true that wealth is subjective, and more true is that being humble and content is what really determines whether you feel wealthy, or poor.
We have a saying in Arabic that goes"contentment is an eternal treasure", it is indeed!
While being content does not mean you should settle for not making any money, on the contrary, it basically just means be satisfied with what comes to you, and you would live a king!
Thanks again for sharing such a remarkable topic.
Believe it or not @jerrybanfield that is my workstation, If a had three tabs open at the same time on Chrome it would crash so I work and post using one or two tabs, I won't say or judge you because what you're showing is not being broke in my eyes yet I totally understand you. "Being Broke is a mental state, in my mind I'm having and living a bad situation but I know deep inside me that is temporary, that's where my ambition comes in, my inner self telling me not to give up, I will be succesful on Steemit, and get away from this bad times as long as my mind is focused and embracing my reality, right know I'm broke but tomorrow I won't. more than being broke I'd say that your level of ambition is bigger than normal people, you feel broke because you know deep inside you can get more, you are capable of getting more working at your full capacity, of course Family is the biggest of motivation but when everything is flowing you are able to work freely and exploit all of your skills, and that is the desired place most of us would want to be and which I'm fighting for, like I said we can be temporally broke but as long as our mind is not, we will never be broke at all! sorry for the long testament, Cheers!
If only you can help me with some Steem or SBD. #Just_thinking
My fear is not providing for my family as well. At the end of it all, it's about being grateful for what you have around you and not worrying about what you don't have.
best way to make a dog happy
Gratitude!
I like your personal, honest style.
Thanks for the share jerry
Hey man. You look very stressed. Get some rest. J
Yep, all a person needs to feel wealthy is to be able to feed his family properly
Personally I feel wealthy when I have time to invest in myself. My personal development.
Wether that be having the time and money to go to the gym and improve my body.
Or the time and/or money to invest in developing new skills like coding languages to develop my career.
Wether I have money for this things or not I can always make the time for them and find free versions of these, like open source learning or going for a run.
Thanks is for the post Jerry, it made me think about what makes me feel wealthy.
People confuse the word pleasure with happiness. Contentment is a blessing that makes people happy regardless of how much money they have. In my life, I've seen both types of people.
Your story is very inspirational and I hope your podcast can make a lot of people live a happy life.
Great post @jerrybanfield! STEEM ON!