What Is The Abundance Principle?

Updated: December 5, 2020

Many people dream of financial freedom but are often discouraged by the lack of opportunities around them.

I frequently hear this sentiment from friends. They say that it’s not easy for them to achieve wealth because we’re living in a country of limited possibilities.

While limited, the possibilities are still there. Indeed, they may not be as grand or as big as those which can be found in other countries.

Nevertheless, they are present and have the potential to grow and become a strong foundation for one’s wealth.

Today, I’m with you a story, which was written by Rebecca Fine entitled “Afloat In A Sea of Abundance”. It’s an inspirational story worth reflecting upon as the year ends.

Afloat In A Sea of Abundance

In the days of the mighty sailing ships, when brave souls voyaged into the unknown, dependent on the winds and their as-yet incomplete knowledge of geography and navigation, one of the greatest and most dangerous challenges was to traverse the area known as “the doldrums.”

Extending about 30 degrees on either side of the equator, the doldrums are subject to days, weeks, even months of no wind at all.

After a long and difficult crossing from Europe to South America, lying becalmed in the doldrums — with no land in sight and with the ship’s supply of freshwater dwindling — was a terrible and life-threatening situation.

But history and legend offer us some fascinating insights into the power of our own thinking and belief. Back then no one had yet figured out how to determine longitude, although latitude was easily calculated.

So if you could not see recognizable land, you could only know in what band of latitude you currently were. Exactly where you were in that ring around the earth was, at that time, unknowable.

And so it happened that at times a ship would fetch up off the coast of South America, out of sight of shore, freshwater supplies exhausted and death knocking at the door.

Then, with what must have been the sweetest sound those sailors could ever have hoped for, the lookout would suddenly call out that a ship was approaching in the distance.

Once the ship was within hailing distance, the cry went up: “Water! Give us water!”

And the reply would come back, “Lower your buckets over the side.”

You see, although the sailors didn’t know it, they were afloat in a virtual river of drinkable and life-sustaining water flowing from the mouth of the powerful Amazon River, which carries nearly 20 percent of all the earth’s runoff water into the sea with such force that the fresh (or brackish but safe) water flows as far as 100 miles out into the Atlantic.

The sailors, dying of thirst, only THOUGHT they were experiencing lack.

The REALITY was that they were afloat in a literal sea of abundance. Exactly what they needed was within their reach the whole time, but the APPEARANCE of scarcity and their BELIEF in that appearance threatened to overpower them.

They could have died — and many certainly did — believing in lack while surrounded by ABUNDANCE.


A beautiful story isn’t it?

It reminds us that sometimes, all you need is a little optimism, a passion for learning, and a belief in the generosity of the universe to find abundance in your life.

What to do next: Click here to start your financial journey with IMG Wealth Academy


  1. […] a good track record and has been visible in the industry for at least five years. Believe in the principle of abundance and you will see that your market is rarely saturated. Lastly, before signing in, make sure that […]

  2. Excellent viewpoint and certainly thought provoking. This reminds me a lot of the many people who are afloat in abundance yet always see the pasture as greener on the other side of the fence. Many folks want so badly to get to the my home country (the USA) thinking life is so easy there. Some still think, even to this day that all you need do is bend lower and pick up the money off the street.

    The reality is far different when you look at the high US income tax rate and other issues of working legally in the country. What we did have traditionally was job oppertunity. That is good if you want money today. Excessive regulation and taxation is literally choking off small business and the leftists liberals want additional income redistribution witch will discourage small start-ups all the more! Why work if you can not keep and enjoy the fruit of your labour?

    Sure, I am a foreigner living here for eight years and counting. I have had time to really look into your fishbowl and compare your system, business oppertunity, government etc. with mine. I have many times listened to the complaints from Filipino friends and acquaintances of how hard it is to start and grow a business here. I certainly have seen way too many examples of a college grad working as a counter clerk because there is no job opening in their chosen field of study.

    What I can say on the positive side is, your barrier to begin is much less than in the United States. Trust me on this, I know because I have built a business several times from the ground up in the US. I have even done so with my older, now grown children where we would start a project with the tools and skills we had and offered services in a niche with little or no competition. In a big city, it would have been very unlikely that we could have started because of thoise excessive regulations, permit fees and on and on.

    Here in the Philippines, you do have those pesky lines you must stand in and running from place to place to get your required permits. Hire someone at your own risk and the job may be improperly completed if it even gets done. ONLY you or a trusted representative such as your longtime attorney should be assigned this initial work. This one is a small inconvenience but we prefer to DIY approach and be sure all is finished correctly.

    Next on the list is the capital. In my observation that is probably the biggest single obstacle to any new business here in the Republic of the Philippines. To be honest, my Beautiful Bride is the equivalent of being married to an idea generator. Partially, I think it is because of her many academic writing assignments and business papers she has produced but I am not sure on that? What I do know is that my wife just nicely opens a business and is soon developing the next oppertunity in her mind. Yes, it is true, we are floating in a sea of opportunity.

    I have turned into more of a venture capitalist these days mostly because of the Philippine restrictions of foreign ownership of business ventures. My late night gig of option selling on the US exchanges provides income we use as start-up cash for the ideas we wish to try. I invest in but do not own what my wife creates. This works out OK for me in semi-retirement because the business ventures my wife developes are in fact for her long term security.

    Knowing US tax law, I understood that if I leave a tax advantaged ROTH IRA account to my wife, she will NOT, as a foreign citizen, receive the same benefit from it as if she were a US citizen. A US citizen / spouse would take tax free distributions. My Filipina bride will be taxed 30% or more on each distribution Far better to use small distributions now and help her build things that may well last her lifetime and beyond as an inheritance for our young troops.

    YES, I do believe that we are floating in a sea of oppertunity here in the Philippines. We are living it. There is NO free lunch and you must work or invest wisely for passive income but I am personally seeing the returns for the effort put forth.

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