My Personal Notes

  Understanding and Moving Across Financial Power Levels In every society, individuals fall into different categories of financial power. These categories reflect a person’s access to essential resources such as food, housing, education, and capital. Whether you belong to a lower, middle, or higher financial power group, the natural question arises: “Why am I in this group?” And following that, “Where do I want to go?” This article explores the foundational reasons for financial placement, the structural challenges that preserve financial boundaries, and the possible pathways for transformation. Why Am I in This Group? Regardless of your current financial standing, understanding how you got there requires examining several core influences: 1.  Family Legacy and Mindset The most influential factor in determining one’s financial category is the family of origin. Beliefs about money, risk, business, education, and success are often passed down through generations. Families with l...

  Theory of Financial Power: A Hierarchical Framework This theory categorizes financial power into layered groups based on access to basic needs, lifestyle quality, economic roles, and purchasing capacity. Each group represents a tier of financial power that determines access to housing, food, transportation, savings, education, and leisure. The population is distributed across these financial tiers, with most belonging to the lower levels. Group A – Basic Financial Power Group A1: Survival Stage Income Level: Extremely low Food: Basic and often lacks nutritional value Shelter: Inadequate; may be unsafe or uncomfortable Employment: Irregular or low-paying jobs Education: Children may not have consistent access to education Transportation: None or very limited Lifestyle: Focused on survival Commonly referred to as: Poor or people living in poverty Group A2: Subsistence with Stability Income Level: Low but relatively stable Food: Adequate but not varied or premium Shelter: Modest and...