Planning Ahead with Your Finances

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.

In The News:

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Madison.com

Higher Credit Scores Needed For Home Purchase
Madison.com
It's not just about baseline qualification, but also about the quality of the loan offers. Jordan Goodman, the personal finance expert and author known as "America's Money Answers Man," advises, "Sometimes it makes sense to wait to get your credit ...


USA TODAY

Boomerang kids 101: How to handle money when your adult children move back home
USA TODAY
The move allowed her to invest in building a career as a business coach and personal finance writer, while also saving for retirement. “It's one of the smartest things you can do. Just be aware there are certain things you need to do to make it work ...


Marketplace.org

The best personal finance books for recent college grads
Marketplace.org
If you're getting your college grad a gift of money, you might want to include a book on how to put that present to good use. Financial planning might not be a priority — 70 percent of grads are finishing school with significant debt. But with U.S ...


Press-Enterprise

Do the words 'personal finance' terrify you? Here are 5 tips to conquer the fear
Press-Enterprise
Getting control of your personal finances is really quite simple – but it is not easy. If it were so, most all of us would not be reading this article. In fact, recapturing your personal financial health is one of the greatest stresses a family can ...


The National

Personal finance in the UAE: Residents track finances better but struggle with saving and debt
The National
The new personal finance barometer comes at a time when many residents are feeling the squeeze due to rises in the cost of living in the first quarter of this year. Statistics released in April by the Statistics Centre - Abu Dhabi found that consumer ...

and more »

TheStreet.com

Personal Finance 101: Young People Need to Learn About Money ...
TheStreet.com
John Pelletier says that like math and reading, personal finance should be taught at all grade levels.

and more »

AccessLex Institute Awards $100000 in Scholarships through its MAX by AccessLex® Personal Finance Program
PR Newswire (press release)
Designed exclusively for law students, MAX is a comprehensive personal finance curriculum that combines in-person workshops, online programming and one-on-one counseling with fully accredited financial counselors to drive the knowledge gain and ...


These personal finance books would make great graduation gifts
Minneapolis Star Tribune
In light of all that, parents, extended family and close friends should consider adding a personal finance book to graduation gift lists. The gift will help the graduate establish a sound financial footing for the long haul. Here is a shortlist of ...


Moneycontrol.com

Here's how falling rupee affects your personal finance
Moneycontrol.com
Higher inflation leads to increase in expenses and lesser savings thereby affecting personal finances (your budget). High inflation over a period can cause higher interest rates, too, thereby making loans expensive, too.” When rupee is weak against the ...

and more »

Accounting Today

Firms on the move: Mercadien hosts personal finance competition
Accounting Today
Firms on the move: Mercadien hosts personal finance competition. By. Danielle Lee. Published. May 18 2018, 11:43am EDT. More in. Practice management · Corporate philanthropy. 1 of 18. Participants at the 2017 Money$peak competition. MSCPA appoints ...

Google News

Financial Fitness - Are You Exercising the Right Muscles to become Financially Fit?

Are your financial muscles well toned and healthy or flabby... Read More

How To Get Ahead On A Low Income

Do you struggle from week to week trying to make... Read More

10 Tips to Make Sure Your Financial Budget Will Succeed

You've analyzed your past expenses, put them into spreadsheets, loaded... Read More

Save Money on Groceries: Part I

One universal of humanity, no matter who you are or... Read More

Planning Your Financial Future

Millions of people give a lot of thought to financial... Read More

Organizing Your Finances - Thinking Outside the (Shoe) Box

If you're like most people, your personal financial records are... Read More

Save On Food - Ten Tips

To save on food, be an opportunist. Buy what you... Read More

10 Steps to Take if You Are a Victim of Identity Theft

There have been an estimated 9.9 million victims on America... Read More

How To Place an Online Order for Checks ? It is Easy as 1-2-3

If You Have an Existing Account and 5 Minutes, You... Read More

10 Money-Saving Tips

1. If you have your haircut every 3 weeks, try... Read More

Check Fraud and Verification

Before buying personal or business checks you should inform yourself... Read More

Students Investing in Their Future Need to Manage Their Finances Today

With the A-level results coming out, the long wait for... Read More

Kundalini Lessons - Money

I've been going through and interesting growth period lately that... Read More

Bankruptcy Laws Get Tougher - More Expensive

If you've been thinking about filing for bankruptcy, your best... Read More

Financial Security

1) HOW TO LOOK FOR A JOBA) The Chronological Curriculum:1.... Read More

Make or Break Your Retirement!

The Prudential has dubbed those who refuse to leave home... Read More

How To Free-Up 10% to 15% of Your Income

Would you be interested in freeing up 10% to 15%... Read More

Succession Planning

Have you ever thought about what you are going to... Read More

Top 10 Ways Managing Your Money Is Just Like Riding a Bike

An avid cyclist and bike racing fan, I sit transfixed... Read More

The Changing Shape of Family Finances

Super-mumsIt seems that the proof of maternal efforts is no... Read More

Expenses A ? What Are They And What Can We Do About Them

It is crucial as an individual who is striving for... Read More

Eight Ways To Sink Yourself Financially

1. Don't focus on your finances.The reason most people get... Read More

University: A Course in Personal Finance

Recent findings from the Educational Policy Institute indicated that the... Read More

The Benefits of Banking Online

How many drawers did you have to look through to... Read More

Grocery Savings - Your Kitchen is a Goldmine!

Your food budget is the most flexible area of your... Read More