The Inheritance of ‘Financial DNA’ – Decoding the Legacy of Money Beliefs in Families

Personality traits, physical attributes, and even certain health conditions can be passed down through generations of families. However, the concept of inherited money ideas, or ‘financial DNA,’ is not typically discussed or fully acknowledged. According to expert ancestral lineage healer and founder of the CHI Healing Institute, Dr. La Toya Davis, financial behaviors, attitudes, and beliefs, too, are passed down within families much like these genetic traits.

This profound understanding of ‘financial DNA’ can reshape one’s relationship with money and even financial struggles. How people view money, their approach to saving, spending, and investing, and their personal feelings about wealth are significantly influenced by the financial habits and mindsets of their parents, grandparents, and even earlier ancestors.

Dr. Davis points to common signs of inherited financial blocks that may currently affect one’s financial status. These can include a fear of poverty, guilt when experiencing success, an inclination towards hoarding finances, unreasonably high anxiety about money, and harboring negative beliefs about money. Statements such as “money is the root of all evil,” “rich people are greedy,” or even the belief that one has to work extremely hard with the idea that “if you don’t work, you don’t eat” all point to ingrained opposing financial ideologies passed down through generations.

Operating under these inherited beliefs sets up a recurring cycle that creates financial outcomes based on them. Dr. Davis points out that “Limiting beliefs lead to limited outcomes,” suggesting that these inherited money mindsets can directly impact one’s financial well-being and future.

However, this cycle can be broken. The first step in changing this deeply entrenched programming is awareness. Recognizing and acknowledging the role of one’s ‘financial DNA’ is crucial. Delving into one’s family’s financial history and attitudes and identifying patterns can uncover the root of particular financial behaviors. This may seem daunting, but it is an essential first step toward understanding and redefining an individual’s financial situation.

In addition, keeping a money journal to track one’s emotions and thoughts related to finances can help discover personal blocks by documenting guilt when spending or noticing a tendency to hoard money due to fear; one can begin to link certain behaviors with ingrained patterns. Recognizing these patterns will allow a person to approach their financial health healthier and more productively.

Understanding how ‘financial DNA’ has shaped an individual’s financial situation is only the first step. Shifting the narrative requires dedicated efforts toward change and professional guidance. Dr. Davis and the CHI Healing Institute provide personalized coaching or courses to help individuals understand the impact of inherited money beliefs and learn how to rewrite their financial story.

“You deserve joy, abundance, and ease,” Dr. Davis emphasizes. By shedding light on the silent inheritance of financial behaviors from lineage, we can understand our financial well-being more profoundly and comprehensively. This new perspective can serve as the launching pad to shift towards positive financial behaviors and build a legacy that can be passed down through generations.

Learn more from Dr. Davis and tap into a wealth of wellness and financial resources by connecting with @chihealinginstitute on social media or visiting www.chicourses.com.

 

Published By: Aize Perez

Michael Saigh: Empowering Communities Through Innovation and PushToAlert Mobile Safety Network

Individuals who significantly contribute to innovation and technological progress leave a lasting impression on society. Imaginative thinking enables people to develop ideas that solve numerous technical, social, and economic issues. Many people aspire to innovate and invent new products or services. However, few have the resilience and determination to proceed with their ideas. Michael Saigh, an American inventor noted for his contributions to different sectors, is one such individual. Saigh’s ideas have helped millions globally, from his early patents for electronic books and movies on demand to his recent innovations like Liquid Rarity Exchange (LRE) and Equine Smartbit.

Michael Saigh, an American inventor, serial entrepreneur, and former business professor, is credited with inventing the first cellular mobile safety network, significantly influencing public safety. Saigh’s pioneering PushToAlert (PTA) technology has enabled everyone to become virtual security guards, allowing them to report crimes or crises in real time and coordinate with emergency authorities. His creative contributions have transformed the way people think about personal security.

Michael Saigh had a creative and inquisitive mind from an early age which also caused problems for him at school. His uncle, Fred Saigh, was a successful businessman, tax attorney, real estate developer, and the former owner of the St. Louis Cardinals baseball franchise. Saigh’s exposure to his uncle’s entrepreneurial and innovative accomplishments, such as the world’s first electronic cigarette vending machine, motivated him to follow a career in innovation and business.

Saigh’s scholastic path paved the way for his successful career as an inventor. The inventor graduated with a biology and political science bachelor’s degree from Cornell College. He then worked as a stockbroker (Series 7, Series 63) during the day while studying in the MBA and DBA Doctor of Business Administration evening program at Webster University. Saigh’s varied academic experience offered a unique mix of knowledge and talents, allowing him to approach creativity from a multidisciplinary standpoint.

Saigh, when working as a stockbroker and adjunct business lecturer at the University of Missouri, St. Louis, in the mid-1980s, “moonlighted” by creating an electronic microchip cleanroom laboratory for experiments in a basement close to his brokerage office to “skip out of the Dow Jones Average” as he puts it as much as possible. Saigh’s intellectual spirit flourished in this environment, and he started constructing prototypes and submitting patents for his groundbreaking ideas.

One of Saigh’s early creations was “Autoerasure” (video on demand), which allowed electronic rental rather than purchasing ebooks and movies. He invented electronic book prototypes such as the Video Pocket and Page Reader, laying the framework for the digital dissemination of material that people today take for granted. Saigh launched his Intellectual Property Distribution Network (IPDN) to publishers and video shops, laying the groundwork for the media industry’s digital transition.

Despite early opposition from publishers who questioned the sustainability of electronic distribution, Saigh’s ideas piqued the interest of Microsoft co-founder Paul Allen. Allen purchased Saigh’s patents for electronic books and video-on-demand in 2002, recognizing the great value and potential of Saigh’s original concepts. These patents were later licensed to big corporations like Google and Apple, solidifying Saigh’s position as an expert.

Saigh set out to reinvent personal security after being inspired by a sad occurrence. After the Virginia Tech tragedy, involving the murders of 32 people, Saigh got a call from his friend Kevin Arndt, who ran one of the country’s prominent independent TV broadcasting organizations. Arndt emphasized the critical necessity for a mobile safety network that would enable citizens to take fast action in an emergency. Saigh and Arndt created the PushToAlert (PTA) system after recognizing the system’s necessity.

The PTA system, covered by Saigh’s patents, became an essential component of mobile cellular devices for all platforms. It enabled users to become “virtual security guards” by instantaneously alerting the local community to current crimes or crises. The PTA system simultaneously called 911 and sent secure emergency information to law enforcement and other emergency services. Saigh’s creative idea enabled everyone to ensure safety.

Saigh’s mobile safety network has had a significant influence on public safety. The PTA system has drastically shortened reaction times by providing real-time crime and emergency alerts, allowing law enforcement to intervene quickly and effectively. Individuals’ capacity to cooperate with emergency professionals has changed the dynamics of disaster response, allowing for improved coordination and assistance.

Saigh’s patents demonstrate his varied innovative pursuits. They cover numerous industries and technologies, such as vendor structural complexes, fintech technologies for fractional shares in rare and collectibles, secure medical information and RFID, apparatus for electronic communication and time-encoded information storage of information, and a method for the delivery and reproduction of selected electronic works.

Saigh’s tireless quest for innovation has led him to launch several organizations and initiatives. He has developed and operated firms, including Saigh & Sons, AutoCart Logistics, Equine Smartbit, and Liquid Rarity Exchange. These enterprises have enabled Saigh to expand on his imaginative ideas and deliver unique solutions to various sectors, ranging from logistics and transportation to healthcare and rare asset trading.

Saigh is the co-chairman of Liquid Rarity Exchange and the chairman of Equine, combining his knowledge and imaginative thinking to push innovation in both sectors. His most recent innovations include new medical information technology, bio-energy technologies, and a Rarity Trading Platform for Non-Fungible Assets.

Published by: Martin De Juan