Money Magnetism: How to Attract What You Need When You Need It

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9781565892439: Money Magnetism: How to Attract What You Need When You Need It

Discover how to create wealth, use money wisely, and find true fulfillment. Part One presents a set of principles that, step by step, transforms your consciousness about the moneymaking process. Part Two outlines simple and effective techniques of concentration and affirmation for attracting success. This new edition includes special sections from Walters' Material Success Course and his popular book, Secrets of Prosperity.

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About the Author:

J. Donald Walters founded and leads the world's largest network of intentional communities and has overseen the establishment of the well-known East West Bookshop chain, two publishing houses, several natural foods stores and restaurants, four schools, two world-renowned retreat centers, and a number of other small businesses, all of which continue to thrive and grow. His books and music have sold over 2.5 million copies worldwide and been translated into 22 languages.

Excerpt. Reprinted by permission. All rights reserved.:

Chapter One
What is True Wealth?

Money, we've all heard, is the root of all evil. This piece of folk wisdom is due, no doubt, to the fact that so many people mistakenly imagine that money is the source of all good! For when we expect too much of anything, we eventually find, as with idol worship, that the object of our dependence is not competent to answer our prayers, nor capable of fulfilling our expectations of it.

Perhaps, then, that ancient saying should be amended to read, "The love of money is the root of all evil."

After all, money is not evil in itself, any more than dynamite is evil. Dynamite can be used constructively to build roads, or destructively to demolish buildings. Money, similarly, can be used to do wonderful things. It is human greed that so often directs money toward evil ends.

Money represents, quite simply, a flow of energy. Harm results when money is loved and hoarded for its own sake. For in hoarding it, we block the energy-flow.

A child once accompanied his parents on an outing to the mountains. With them, he drank cool water from a mountain stream. Loving its fresh taste, he filled a bottle from the stream and took it home with him. There, he would sip only a little water each day, wanting to make it last as long as possible.

What was his disappointment a few weeks later, then, to find that the water left in the bottle had become stagnant.


The three concepts that are suggested by the title of this book are interrelated, then - in fact, interdependent.

Developing money magnetism depends to a great extent on understanding how to use money properly.

Using money properly depends on realizing that, in acquiring money, we don't merely manipulate material forces in our favor. Still less is the acquisition of money a matter of luck. Rather, we attract money to us. The other side of that coin is that the failure to acquire money is essentially an act of repulsion on our part - unconscious, to be sure. We may push it from us even while we imagine that we are doing our best to acquire it.


I remember a time, in 1963, when an absence of income, combined with a determination to devote myself to writing a book (I eventually published it under the title, Crises in Modern Thought), led to my having to live for three months on only ten dollars a month. Today, instead of recalling that period of my life as a time of great privation and hardship, I recall it happily as a time of satisfying challenge and adventure.

During those three months, I learned all sorts of tricks for living inexpensively. I sprouted alfalfa seeds. I made Indian chappatis instead of buying bread. I trained my palate to enjoy powdered milk, which is much cheaper than regular milk, and to be content with a single taste of dessert rather than filling myself on a bowlful of it. I took advantage of special sales at the local grocery stores. And I concentrated on preparing cheap, but high-energy, foods like split pea soup, which lasted me several days. No doubt one could say that I was poor then. Yet I didn't feel particularly poor. I won't go so far as to say that I felt rich, but the important thing is that, because I didn't dwell sadly on all the things I lacked, I really wasn't poor. I'll go farther: In every way that really mattered, I was rich.

There's the charming story of an American Indian who happily farmed a meager quarter-acre plot. A wealthy neighbor of his befriended him. One day this friend offered him five acres, to give him more land to farm. "Thank you for the gesture," the Indian replied. "But if I had more land to work, when would I find the time for singing?"

On the opposite side of this coin, I've known people with a great deal of money who could never convince themselves that they were even well off. And I recall a certain friend of mine in India, a scientist and a professor at a respected university. He owned his own home. His family and he ate well, dressed well, and lived reasonably well. Yet he considered himself wretched. His complaint was that he couldn't afford some of the expensive gadgetry he'd seen and enjoyed in the West - things like state-of-the-art television. I recall him weeping to me one evening, "I'm poor! I'm poor!"

Wealth is the consciousness of abundance. And Poverty is the consciousness of lack. Wealth and poverty are both states of mind. You are as rich, or as poor, as you believe yourself to be.

I don't want my readers to think that I've lured them into reading a treatise on how to attract money only to substitute for it (having once got their money safely in my pocket!) a philosophy of self-deprivation. Money is important in this world. A person who writes books needs money to support himself while he writes. A photographer needs expensive lenses to take the best pictures. There is no field of activity in which money does not figure in some way. Nor do I suppose that I myself could have lived for very long on only ten dollars a month.


The purpose of this book is to help you to attract money in such a way as not to make it a burden on your peace of mind, but a doorway, rather, to genuine opportunity. It is to help you to learn how to use money wisely, in such a way as to acquire the greatest possible benefits for yourself and for others.

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