Episode 77: Wealth and Emerging Majesty with Ildiko Haag – Transcript
Rennie Gabriel 00:09
Hi folks, welcome to Episode 77 of the Wealth On Any Income Podcast. This is where we talk about money tips, techniques, attitudes, information and provide inspiration. I'm your host, Rennie Gabriel. In past episodes, we spoke about how to build an Income and Expense Report, how to measure the level of pleasure based on where you spend your money, how to track your money in 5-10 seconds, what to look for on a net worth statement to see how close you are to Complete Financial Choice®. And last week, we had Zach Winner, speaking about the advantages of passive income from commercial real estate investments for accredited investors. Today, our guest is Ildiko Haag. She's the founder of Emerging Majesty. She's a spiritual teacher, certified Wealth On Any Income Coach, and a Tapping Into Wealth coach, as well. She's a wife, and a mom of five amazing children. By the way, she came into the Wealth On Any Income Program as a participant, and now supports other participants through both her own expertise, and her knowledge of the Wealth On Any Income Program. And she's a co-creator of the new Create Wealth With Purpose program. Since 2012, she's facilitated over 500 clients sessions with spiritual seekers, and personal development enthusiasts from many walks of life. She's guided them to find inner peace and confidence, so they can heal the pain of the past, including their money story, and live a life of purpose, meaning, and contribution. Ildiko, welcome to the Wealth On Any Income Podcast.
Ildiko Haag 02:02
Thank you. Hi, Rennie. And hi, everybody. So wonderful to be here.
Rennie Gabriel 02:07
Thank you. So tell me why you do what you do?
Ildiko Haag 02:12
Well, I came to realize that if we like it or not, in our society, money has and gives a lot of power. And if we want to live in a better world, we can't shy away from money. So I really want good-hearted people who are committed to a precious planet, and want to make the changes necessary to have money. Because I really want them to be able to do so. And so I really want these good-hearted and insightful people to be able to give to those causes that touch their heart, and, you know, so that they are able to finance those changes that will bring our Mother Earth back to health.
Rennie Gabriel 02:59
Thank you, Ildiko. I know of the heart that you have, and how you've supported other people in the program. And so it's great to have this opportunity to provide more exposure for you. Now, since you know all the work we do is about raising philanthropists, allowing people to contribute to the causes that touch their heart. Is there a particular charity that you support, and what do they do?
Ildiko Haag 03:25
So yes, I really like to support the Wilderness Society in Australia, because they protect our forests, and also an organization who are protecting the birds. So nature means a lot to me. And I still have a frustration though, and the grief because I still am not able to commit to regular donations or larger amounts that could make a bigger difference. So I am on this journey with everybody, you know, getting my finances to grow and stabilize so that I can commit to support these regulations a bit more reliably.
Rennie Gabriel 04:07
Great, thank you, Ildiko. And who would you say your target clients are?
Ildiko Haag 04:12
Well, in Wealth On Any Income, we help people who want to live a life of purpose and make a meaningful contribution. But often they feel stuck in the pain of money insecurity and inadequacy. So, you know how some people really try to give to charities and be philanthropic, but they just can't because they don't have enough resources, or don't know how to manage and invest their money, and they really struggle with that. So we have those people.
Rennie Gabriel 04:45
You know, and it's funny too, because I was just on a call earlier, and I realized that it doesn't matter what the income level is. It doesn't matter if someone's earning fifty thousand a year, five hundred thousand a year, or a million a year, they can still be dealing with these very same issues that you're talking about. Personally, what would you say would have been your biggest fear or maybe failure, whether it was in personal, your personal life or in business?
Ildiko Haag 05:16
Well, I wanted to talk about my biggest money failure. And that was when, due to a family emergency, we actually sold our home in 2002. During the beginning of a boom. Of course, at that time, we didn't know it was just the beginning. Because it was sort of unheard of before. And so we didn't reinvest our money, because we had to go back to Hungary and take care of my mother-in-law. So we were hoping that by the time we came back, the prices would sort of crash and, you know, the boom would be over and we could, again, just buy a home. And that's not what happened at all. Instead, the prices were going up and skyrocketing, and continued to do so in the next three years. So by the time we actually were ready to buy a home, we could only afford in a much cheaper area. Yeah, so that was quite a bit of a failure on our part.
Rennie Gabriel 06:23
So I hear, yeah. Real estate can be excellent, and it does go through cycles, that can go down - but over the long-term, it definitely does go up. What would you say your biggest insight was from that?
Ildiko Haag 06:39
My biggest insight was that I really have to learn about money, and its true nature and how to handle it. And definitely about how real estate, you know, fluctuates, and also just generally how to relate to money in a much more balanced and empowering way and take it more seriously, really.
Rennie Gabriel 07:05
Yeah, I was just thinking of a funny comment when you talked about "take it more seriously". For a comic, if they really want to be funny they've got to take it seriously. It's, which sounds funny. But yeah, I mean, we can be light about it. We can make fun of it. But the reality is, we do have to be diligent and take it seriously. And oh, what would you say, are the typical feelings, our clients - and the reason I say our clients, not just yours, because I share on this journey with you - what are the typical feelings they experience?
Ildiko Haag 07:42
So what we've noticed is that they typically experience a lot of guilt and shame and anxiety around money. A lot of overwhelm, and sometimes even hopelessness. And we've noticed there is an underlying inner drive to help others. And it can sometimes even manifest at their own detriment because this tendency to give and give sometimes goes a little out of balance, and people really try to give from an empty cup.
Rennie Gabriel 08:23
Yes, and I have seen that occasionally. Fortunately, not too often. But yeah, because you can't pour from an empty cup. I'm not sure if I said it here or somewhere else, but the saddest thing is a broke philanthropist. What would you say are the common mistakes our prospects make?
Ildiko Haag 08:44
So yeah, this would be one of the mistakes that they do make sometimes. And I guess it's really connected to them not being aware of that principle that we teach, that encourages people to pay themselves first. And sometimes they think they are doing that, because maybe they heard about it. But they very often do it in a way that is actually not the correct way and so it ends up not being super helpful. Another thing that we discovered with our prospects is that they tend to buy too many transformational programs. And so there is a tendency to become really overwhelmed or simply just not being able to assimilate the information. So transformation actually doesn't really happen. And they end up wasting a lot of their time, you know, in this process of hopping from program to program and not allowing it to do its proper work. Yeah.
Rennie Gabriel 09:53
And wasting their money too and their time.
Ildiko Haag 09:55
That's exactly right.
Rennie Gabriel 09:56
So now we've worked very closely for . . . Well, I was going to say, since you were a participant, even after that we've worked closely for the last two years creating a self-study program, which is based on the 9-Step Roadmap to Complete Financial Choice® and Philanthropy. What do you think, the benefit or, the goal or, the objective would be for the people who watch those videos? Or read the documents and use the workbooks? Do you have an example of how that may have turned out for someone?
Ildiko Haag 10:37
Yeah, so almost, wow, two years? Yes. So much happened in the last two years. Wow. I really wanted your message to be received because people are suffering with their finances. And we didn't know at that time, you know, that even COVID will come and finances will be even more problematic. Wow. So there are so many programs out there that are really not that helpful. And, you know, some of them just don't go deep enough for real change to happen. And so the changes I see in my own life - and I'd like to talk about my own life because that's what I know best - are actually very profound. And, you know, even though maybe on the outside for some people, it wouldn't look like maybe my bank account is not as hugely different. But there are, you know, a ton of inner changes that happened that are, yes, as I said, it's hard to see, but I know, I know how much my attitude changed. I know how much my husband's attitude changed. And, of course, it's still changing. Even our relationship is so much closer. We can talk about money without blowing up, which is huge for us.
Rennie Gabriel 12:00
Yeah.
Ildiko Haag 12:00
Without that terrible tension that we used to both, you know, feel and want to hide from. And we are also free to argue when necessary, which, you know, brings a real laugh - and it leads us, you know, to resolutions faster. So, some visible results. There still are some visible results. We have some savings, building slowly. And even though we had to dip into it because of some, you know, emergencies - washing machine and this and that. But it was awesome that we had somewhere to draw from, you know, that we didn't have to panic. And that felt empowering. And I love watching that savings account slowly growing. So, you know, we just got to a place where we are ahead of our bills, and are not afraid to look in the letterbox. And I feel very pleased at the direction we are going in. And I feel that our senior years will be, you know, peaceful, will be peaceful financially. So in a way, I really trusted people who will truly embrace the material of the course. You know, and stay with the principles and stay with the practices and allow those practices to deepen in time. And then it, that they would become their own.
Rennie Gabriel 13:32
Yes.
Ildiko Haag 13:33
That they will experience a shift in their relationship with money and in their relationship with investing and their purpose so that they can then really freely give to those charities.
Rennie Gabriel 13:48
And you know, and one of the things that you touched on was the difference between the inner and the visible. And I completed a book recently called, 'The Psychology of Money', and one of the items that he talks about in the book is the difference between being rich or being wealthy. Where rich is the visible outward signs that someone has money - they could be earning a large income and driving a fancy car or wearing expensive clothing - but you don't see wealth. You see if someone's rich, but you can't see if they're wealthy. As an example, looking at me wearing a Hawaiian shirt and riding a motorbike or driving a 15-year-old car. No one would have any idea that I have tremendous wealth. So from the outward appearances, I'm not even rich. And I don't care. So what you're talking about on the inside is really important.
Ildiko Haag 14:50
It is because that's one of the major factors of how I experience life for myself. You know, and that's what really, really changed for me. And I want to just really, you know, make it very clear that it didn't happen overnight. And so, you know, staying with the material, and allowing it to go deeper and really penetrate into those everyday little attitudes as you talk about, you know, it's just what will do the work. You know, the people who find their way to Wealth On Any Income and the teachings are good-hearted people who want to be able to support wonderful causes. And so I really trust that they will be able to finally just give from that overflow, and, you know, being able to put themselves first in a wholesome way.
Rennie Gabriel 15:48
Yes.
Ildiko Haag 15:49
And giving from that full cup, and that it would be really sustainable. And the world would actually start becoming better - because it's up to us. And that's what I look forward to impart through the program. You know how to do that.
Rennie Gabriel 16:07
Thank you, Ildiko. And here's a valuable free resource that will further help anyone who's listening to this podcast, all they need to do is go to wealthonanyincome.com/TEDx, and you'll hear how we have been programmed to be poor from my TEDx talk. And you'll also see a cure. It's a 27-page, 9-step Roadmap to Complete Financial Choice®. And in addition, you can receive a weekly email with tips, techniques, or inspiration around your business or money. So, Ildiko, I want to thank you for being on the show today.
Ildiko Haag 16:49
Thank you. I really enjoyed it.
Rennie Gabriel 16:51
And to my listeners, thank you for tuning in. Again, check out wealthonanyincome.com/TEDx. Next week, we'll have as our guest, Jeff Mount, talking about the emotional human responses to market volatility, fear and greed. Until next week, be prosperous. Bye bye for now.
