Abundance Bound Newsletter Volume II, issue 1
January 2006

Here at Abundance Bound, we look forward to each newsletter as an opportunity to provide you with information we hope will be of value. We welcome your questions, comments and suggestions for future article topics, and hope to meet each one of you in person at our upcoming seminars and events!

in this issue
  • Automatic Tithing
  • Upcoming Events
  • Featured Product

  • Automatic Tithing

    I am writing this month’s newsletter having just come home to Los Angeles after a two-week trip to the West African country of Nigeria. This is my father’s birthplace, and we returned as a family after not having been for almost 25 years. It is so difficult to describe the experience. Nigeria is in many ways a beautiful country. The people we met were warm and welcoming and I was awed by the fierce sense of family and generosity of spirit. It is also, however, a country ravaged by corruption, poverty, hunger, illness and the constant struggle to meet even the most basic of needs. As I empty my suitcase, throwing clothes in the washing machine, lights on throughout the house and music playing on the stereo in the living room, I think of the children we met who walk over two miles each way, every day, to collect river water that is very likely contaminated. The idea of turning on a tap and having any water, let alone hot water, come out of it, is completely foreign to most of the population. Almost everything is done outside – cooking, washing, bathing – so as to utilize any available daylight. It is impossible not to feel shame at how much I take for granted, and yet to simultaneously breathe a sigh of relief that my father “escaped”. That he built a life in the US. That my brother, sister and I were given every opportunity that this country affords.

    The truth is that we don’t have to travel as far as Africa to get in touch with how very lucky we are. We all know that there are countless people and organizations that desperately need our help. Perhaps you have a particular charity that is close to your heart, a cause over which you would love to wave a magic wand and change for the better. Most of us would love to make a difference in the world. However, we don’t give much of our time because we are so busy working for a living. We don’t give much of our money because we feel like we aren’t even making enough to cover our own needs.

    As individuals, we have an overwhelming tendency to focus on scarcity. We cling to every penny we earn, constantly worrying about not having enough. How can we even begin to think about giving money away when we are not even sure we can cover our own bills? Staying stuck in this negative mental cycle is a large part of what keeps us stuck financially. This month I want to share an important and powerful financial principle, that when implemented will almost magically get you out of this financial rut: Automatic Tithing.

    Tithing is the spiritual principle of giving some of what you receive. Many of us have heard of tithing in the context of a particular religion. It is, however, a term that encompasses all charitable giving, and is not limited to religious organizations.

    There is a wonderful chapter on tithing in a book I recommend to everyone called “The Automatic Millionaire” by David Bach. In it he states: “Although you should give simply for the sake of giving, the reality is that abundance tends to flow back to those who give. The more you give, the more comes back to you. It is the flow of abundance that brings us more joy, more love, more wealth, and more meaning in our lives. Generally speaking, the more you give, the wealthier you feel. And it’s not just a feeling. As strange as it may seem, the truth is that money often flows faster to those who give. Why? Because givers attract abundance into their lives rather than scarcity.” It is clear that Mr. Bach includes the concept of tithing in his book, because building wealth is not just about the difference you will make in your own life: it is also about the difference you will make in the lives of others.

    By now you probably have a list of New Years’ resolutions. I would like to encourage you to add one more. Make a commitment to give a percentage of everything you earn in 2006 to a charity or charities of your choice. It doesn’t matter how much. It’s okay to start small. The percentage can always grow. Just decide in advance what it is going to be and, whenever you receive a paycheck, whether from an acting job or a day job, immediately make the appropriate donation. The key is that you do it right away! If you wait until the end of the year, no matter how good your intentions, you will generally find there is nothing left to give.

    Tithing is n ot a completely selfless act - doing it will make you feel great, and provides a sense of control that comes with exercising the power to do what you want with your money. You will know that you are making the choice NOW to do good in the world. That knowledge alone will give you an energy and positive spirit that cannot help but affect every area of your life.


    Upcoming Events

    Building Your Wealth Cycles

    Saturday, January 28th – Studio City, California 2:00 PM to 4:30 PM

    This is the first seminar for 2006. Don't miss this opportunity to start the New Year with a solid financial plan!

    It is easy as artists to believe that we can wait to really learn about money until the time comes that we are making a lot of it! This mindset can quickly trap us in a cycle of financial stress and struggle. In this class, you will be taught how to combine financial literacy with confident leadership so that you can accelerate your wealth and riches, materially and spiritually.

    The financial technology being shared with you in the Abundance Bound seminars, was created by Loral Langemeier, founder of Live Out Loud, Inc. She has been heralded as “the best-kept secret in the financial industry,” and her pioneering efforts as a financial coach and strategist have won her the attention and praise of many of today’s business, financial, and personal development leaders.


    Featured Product

    Guerrilla Wealth

    In this accessible, action-oriented guide to financial freedom, you learn how to:

    Create a new conversation about money

    Discover the money-myths that are holding you back

    Develop a simple, focused wealth-building methodology

    Simultaneously build wealth and break free of debt with a simple, proven formula

    Set yourself up for success and financial freedom

    Build a solid Wealth Cycle

    240 page paperback book by Jay Conrad Levinson and Loral Langemeier


    Miata Photo

    Through the utilization of a powerful, straightforward, step- by-step system, it is our company mission to help actors realize that the true road to fulfilling artistic goals and dreams is first through the development of financial stability.

    Our customers will experience our company's commitment to integrity, to learning and to providing all who come through our doors with significant amounts of information, leading to definite, forward moving, wealth building action.

    Miata Edoga, President & Founder

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