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.
![]() |
|
![]() |
|
![]() |
|
![]() |
It is crucial as an individual who is striving for... Read More
Most consumers are aware of the importance of their credit... Read More
The Check 21 Law is the new federal law for... Read More
If you were to ask 100 women "What would you... Read More
On the other hand, there are those people who are... Read More
There is a new bill that is being passes, it... Read More
Single Mother's in need of Financial GuidanceBudgeting is key to... Read More
The Prudential has dubbed those who refuse to leave home... Read More
Millions of people have a checking account and many people... Read More
You no longer look at the pictures of homes cause... Read More
Many people graduate from college owing thousands of dollars in... Read More
Whatever your reason for having a tight budget, the truth... Read More
Address labels are many things to many different people. If... Read More
What is it about being frugal, why do it at... Read More
Frugal living is more than a lifestyle. It's a passion.... Read More
Women have a love/hate relationship with money. Most of us... Read More
Vacations Made Easy: Buying a Florida Investment PropertyA relaxing beach... Read More
One of the simplest ways to improve your professional image... Read More
Predatory lending exists in the mortgage industry. It's typically when... Read More
Reducing the clothing budget was a serious challenge for me.... Read More
Have you ever thought about what you are going to... Read More
If you're like most people, your personal financial records are... Read More
Well, dang! From what I've heard and read, it looks... Read More
If you've been thinking about filing for bankruptcy, your best... Read More
If you are the normal consumer, then you've probably experienced... Read More
1) HOW TO LOOK FOR A JOBA) The Chronological Curriculum:1.... Read More
Commonly referred to as the first of the three major... Read More
Chapter 7The potential chapter 7 debtor should understand that a... Read More
If you recently became a single parent and see your... Read More
There have been an estimated 9.9 million victims on America... Read More
For me, the most terrible time of each month is... Read More
Most of us, especially those of us who have debtor's... Read More
Have you ever stopped to think about how your "mood"... Read More
Car donations and used car donations are the way many... Read More
Ben Stein has a book called How to Ruin Your... Read More
Do you have a 401(k) retirement account? Are you vested... Read More
1) HOW TO LOOK FOR A JOBA) The Chronological Curriculum:1.... Read More
Financial freedom cannot be achieved without budgeting. Budgeting involves tracking... Read More
Are you a check fanatic? Don't worry, you aren't alone.... Read More
Just about everyone has a checking account. Checks present easy... Read More
Your boss has just informed you that your department is... Read More
Here are some tips that can help you save money... Read More
If you've been thinking about filing for bankruptcy, your best... Read More
Gas prices have soared to unimaginable heights of late. Since... Read More
I've been going through and interesting growth period lately that... Read More
The price of gas continues to climb, and with continued... Read More
Creating a budget can be a very difficult task. Although... Read More
Have you seen the recent article on a new "green"... Read More
You've analyzed your past expenses, put them into spreadsheets, loaded... Read More
Sticking to a budget can be difficult, but with so... Read More
If you're like most people, your personal financial records are... Read More
It is estimated that we, as consumers, waste an average... Read More
If you recently became a single parent and see your... Read More
Confused about whether you can contribute to a Roth IRA?... Read More
The Check 21 Law is the new federal law for... Read More
The cries are heard from the distance, "I need help... Read More
At a time when the entire world's attention is focused... Read More
You no longer look at the pictures of homes cause... Read More
Of course, these don't have to be done in any... Read More
Most of us, especially those of us who have debtor's... Read More
To save on food, be an opportunist. Buy what you... Read More
Commonly referred to as the first of the three major... Read More
The lists of bank and savings accounts that are available... Read More
Developing and living by a household budget is by far... Read More
Each of us knows how to spend money, but do... Read More
Have you ever wondered what it would be like to... Read More
Personal Finance |