Awareness and life mission laboratory

One of the main goals is to derive a universal formula, a catechism, a set of golden rules and cause-and-effect relationships governing energy and field. The Money Research Institute is the first research institute studying the nature of Money.

Life Mission Awareness and Realisation Lab at the Institute for the Study of the Nature of Money

The Money Research Institute forms an educational platform uniting people who are interested in the nature of money and its fu#Life Mission Awareness and Realisation Lab at the Institute for the Study of the Nature of Moneynctioning in our world.

The Money Research Institute develops courses, trainings, webinars and masterclasses on various topics related to money.

The Laboratory of Awareness and Realisation of Life Mission is a unique project that can help people to define their life mission and realise it with the help of effective tools and techniques.

The lab is based on the institute’s research on the impact of money on human psychology and behaviour.

One of the main goals is to conduct individual and group consultations, trainings, seminars and master-classes on the development of personal potential, financial literacy.

The laboratory can provide feedback, professional support, knowledge and experience of experts.

The Lab creates a community of like-minded people who share their success stories, problems and solutions, and inspire each other to achieve their goals.

The role and functioning of money in your life

Conscious and responsible use of money will certainly be in line with your good life goals.

Define the role of money in your life:

А. Money is a tool for achieving goals and fulfilling needs.

В. Money is a reward for work and contribution to society.

С. Money is a tool for expressing creativity and individuality.

D. Money is a means of exchange and communication with others.

E. Money is a resource for development and learning.

Of course, the role of money in your life may be different.

Here are some steps to help you recognise the role and function of money in your life:

– Values Awareness. First, identify your deepest values. What is really important to you in life (family, health, education, environment, charity, etc.)? Analyse whether your financial decisions really align with these values.

– Goals and Plans. Identify your long-term and short-term financial goals. These may include buying a home, getting an education, investing in a business, etc. Create a plan to achieve your goals.

– Budget and manage your finances. Create a budget that aligns with your goals and values. It will help you avoid rash spending and create savings for future needs.

– Investments and risks. Explore investment opportunities that can help grow your capital, but be mindful of risks. Investments should align with your financial goals.

– Philanthropy. Consider supporting charities or community projects that align with your values. By investing in good social causes, you improve the world around you.

– Practice gratitude. Develop a sense of gratitude for having money and being able to provide for yourself and your loved ones. This will change your perspective on money and create a positive outlook.

– Learning and Development. Continue to learn and develop in the financial field. Invest in your knowledge and skills to make more informed financial decisions.

Recent developments in the field of money

Modern money plays an important role in all spheres of life. It is a medium of exchange, store of value, settlement and investment.

Money does not stand still, but is constantly evolving and transforming under the influence of various factors: technology, politics, economics and culture.

Let’s consider some of the most interesting and relevant developments in the field of money, which may change our attitude to finance and economics in the near future:

1. Cryptocurrencies and blockchain. This is perhaps the most well-known and discussed money innovation in recent years. Cryptocurrencies are digital money that are not controlled by a central authority but are based on blockchain technology.

Cryptocurrencies are characterised by speed, low cost, anonymity and decentralisation. However, they face high volatility, lack of regulation, limited acceptability, and risks of hacker attacks.

The most popular and expensive cryptocurrency is bitcoin, which was created in 2009 by an unknown person or group under the pseudonym Satoshi Nakamoto. Since then, many other cryptocurrencies have emerged (etherium, lightcoin, riple, dogecoin).

2. Central bank digital currencies (CBDCs). This is another type of digital money that is being developed and explored by many countries around the world. Unlike cryptocurrencies, CSDCs are official money, issued and controlled by central banks.

Digital currency is a digital form of cash or bank reserves (it can be used for payments via the internet or mobile apps). CSECs have the potential to improve the efficiency and security of the payment system, reduce reliance on cash and increase financial inclusion.

However, they raise concerns about competition with commercial banks, as well as privacy and financial stability.

The first country to launch its CSEC was the People’s Republic of China. It introduced the digital yuan in 2020. Sweden, the Bahamas, the European Union and the United States are actively exploring the possibility of creating their own digital currency exchanges.

3- Neuro-money. This is money that can be transmitted or received using neurointerfaces – technologies that allow a person’s brain to be linked to a computer or other device.

Neuro-money is cryptocurrencies, VCBs and other money that can be encrypted and transmitted through neural networks. Neuro-money is characterised by its convenience, speed, security and integration with other neural interface functions.

However, they bring with them serious ethical and social challenges – issues of privacy, ownership, liability. Neuro-money has not yet been put into practice, but it is already attracting the attention of academics, businessmen, and futurists.

Thus, money continues to evolve and adapt to new conditions and needs of humanity. It is important to keep abreast of innovations and recognise their opportunities and risks.

Introspection and money
Introspection is the ability to analyse your thoughts, feelings, motives and behaviour. It helps you recognise yourself: your strengths, weaknesses, values and needs.
Introspection also helps you recognise your mistakes, problems and obstacles.
One area in which introspection can be very helpful is finances. We have difficulty managing money because we don’t know our true needs and capabilities. We often act out of inertia, making impulsive purchases, not planning our budget, not saving for the future.
Many are influenced by society, advertising, stereotypes about how we should live and spend money.
Introspection can help us change negative patterns and become more responsible and conscious in our financial decisions. Ask a few questions to improve your financial literacy and achieve your goals:
– What are my financial goals? What do I want to achieve in the short and long term? How can I measure my progress and success?
– What are my financial needs? How much money do I need to provide a basic standard of living? What are my desires? How can I fulfil them within my means?
– What are my financial resources? How much money do I make? What are my income and expenses? How can I optimise them? What are my assets and liabilities?
– What are my financial problems? What prevents me from achieving my goals? What are my debts and liabilities? How can I get rid of them? What are my risks and threats? How can I protect myself from them?
– What are my financial opportunities? What can I do to improve my financial situation? What new skills or knowledge can I acquire?
We can develop a realistic and effective action plan that is tailored to our needs, resources and capabilities.
Introspection can help us become more confident, motivated and disciplined in our financial decisions.
Introspection is not a one-off process but an ongoing practice. We should regularly review our financial goals, needs, resources, challenges and opportunities. We should also regularly analyse our financial performance.

Methods and Benefits of Self-Discovery and Life Mission Formation

Self-awareness is the process by which a person realises his or her strengths, weaknesses, values, interests, needs, motives and emotions. Self-knowledge helps a person to understand himself, his role in society, and his life mission.

Life mission is a goal that a person sets for himself. It determines one’s actions, choices, and attitudes. Life mission reflects a person’s values, beliefs and talents. It provides direction and motivation.

Let’s look at the main methods of self-knowledge and life mission formation:

– Introspection. This is a method in which a person analyses their thoughts, feelings and behaviour by asking themselves various questions (Who am I? What do I want? What makes me happy? What bothers me? What are my goals? How can I achieve them?). Introspection helps in identifying one’s needs.

– Feedback. This is a method in which a person receives information about him/herself from other people who know and trust him/her well (parents, friends, colleagues, mentors). Feedback helps to recognise one’s strengths, weaknesses, strengths and weaknesses. It provides the person with new ideas and support.

– Psychological tests. This is a method in which a person undergoes various questionnaires, tests or games that measure different aspects of their personality, determine abilities, interests (Myers-Briggs personality type test (MBTI), Klimov professional interests test (KPI), Schwartz value orientations test (SVO), etc.).

The benefits of self-knowledge and life mission formation are obvious:

– The individual becomes more self-confident.

– The individual more easily makes decisions and acts in accordance with his/her goals.

– A person better understands other people and improves relations with them, gets more pleasure from life.

Self-knowledge is not a one-time act, but an ongoing process that requires time, effort and willingness to change.