If you, like most people, have not seriously considered what steps you should take for planning your finances and are now planning on buying a house, getting married or having children, you will do well to read David Chilton's book 'The Wealthy Barber'.
It will not matter if you have never heard of a mutual fund or even balanced your checkbook. If dry financial reading is not up your alley, you will STILL find 'the Wealthy Barber' easy reading. It will have you fluent in financial planning in weeks.
The key to David Chilton's success with his book is that it is written as a story, rather than a manual. You follow three 30ish individuals as they build their financial houses from scratch. They get their information from one of the most knowledgeable and financially secure individuals in town - the barber.
The gem of this story lies in the fact that the barber shows how income is not the biggest factor in planning for financial prosperity - proper planning is. And you can have your own finances in order by reading and applying the tasks he assigns his 'students' while they visit for their monthly trim.
'The Wealthy Barber' has been favorably commented on by newspapers and financial reviewers because it does not stress budget or a reduced standard of living. It is these steps which often sabotage the best intentions of individuals. The sooner the methods are applied, the easier it will be to see their effects while maintaining your lifestyle, but it is always better to start now than not start at all.
'The Globe and Mail' calls 'The Wealthy Barber' "...a perfect gift for young couples trying to live comfortably and save money in an increasingly tough world". Is that not a gift worth receiving?
'The Wealthy Barber' will show you how to plan for your retirement, save for large purchases or future needs, invest, protect your family and avoid being victimized by financial blunders by exposing some financial products and services which you may not need, but are sure to be sold.
Although the story is set in a Canadian town, the general methods and training provide a valuable education in personal financial planning.
Having a clear understanding of your financial situation and preparing a plan is no longer a mystery. Although some decisions require the guidance of an expert, arming yourself with the right questions and basic knowledge will ensure your best financial outcome.
In today's world financial education is often sorely lacking. Taking steps to educate yourself, and pass that education on to your children will protect your family and provide an abundance whether you are current millionaires or not.
http://www.mydebtfreespace.com
This website is dedicated to the education of finances. With latest news and articles updated daily.
We have heard a lot about consumers' personal information getting... Read More
Do you struggle from week to week trying to make... Read More
An avid cyclist and bike racing fan, I sit transfixed... Read More
We live in a crazy world. Someone ought to sell... Read More
Now that we are in the month of June I... Read More
You've analyzed your past expenses, put them into spreadsheets, loaded... Read More
Australians, in general, constitute some of the worst savers in... Read More
Frugal living is more than a lifestyle. It's a passion.... Read More
As the saying goes: "Buyer Beware". If you see ads... Read More
Sorting out your personal finances can be a tricky and... Read More
Identity theft is a serious crime that continues to grow.... Read More
Your boss has just informed you that your department is... Read More
Everyone needs to maintain their lives. What I mean by... Read More
Many don't realize that our basic utility bills provide the... Read More
During the last twenty years, banks have offered a number... Read More
**If it's Spam, it's a Scam!- If it sounds too... Read More
It is estimated that we, as consumers, waste an average... Read More
With the advent of the internet and especially auction services... Read More
Those who keep a watchful eye on where their money... Read More
The recommendations for military base closings have been released and... Read More
If you have a 401(k) account, it can be very... Read More
With prices increasing all the time, saving money can be... Read More
Would you be interested in freeing up 10% to 15%... Read More
When people speak about the increasing age expectancies, they generally... Read More
One of the biggest challenges facing black RELATIONSHIPS today are... Read More
Have you ever thought about what you are going to... Read More
What is finance and what do you need to know?... Read More
It is possible to eat a healthy, balanced diet without... Read More
It is widely written that you need 75% of your... Read More
Millions of people have a checking account and many people... Read More
Did you know that 43% of all married couples argue... Read More
Does it feel like you have to be Sherlock Holmes... Read More
You've decided you want a bigger, better and more desirable... Read More
The price of gas continues to climb, and with continued... Read More
Today many women are struggling with debt and it's even... Read More
Get Access to Realistic profitable strategies & discover the mindset... Read More
If you die without making a Will in the UK,... Read More
I have to admit, I do it too. I complain.... Read More
Do you have a 401(k) retirement account? Are you vested... Read More
Six Scholarship judges were sitting around an oval table. Forms... Read More
1. Don't focus on your finances.The reason most people get... Read More
Holy Shenanigans! More STUFF?Loosing one's business due to lack of... Read More
Reducing the clothing budget was a serious challenge for me.... Read More
I'm still amazed every time someone comes to me complaining... Read More
Identity theft is a serious crime that continues to grow.... Read More
Ben Stein has a book called How to Ruin Your... Read More
With prices increasing all the time, saving money can be... Read More
We live in a crazy world. Someone ought to sell... Read More
When people speak about the increasing age expectancies, they generally... Read More
Developing and living by a household budget is by far... Read More
Personal Finance |