[/caption]I am currently reading my best friend's copy of Susan Feitelberg's The Net Worth Workout, a text/workbook on working out your financial health. Being a mom who aspires to build a modest yet wealthy single-mom-queendom, it is part of my goals to have a clear vision of the financial road I am taking. This is timely because the friends I have grown up with are on the same path of building their own empires in their own ways.
My attraction to Feitelberg's book in relation to the many books on finance I have come across is that over the first 40 pages, she keeps reminding the reader of these things:
- Set time to HAVE A CLEAR PICTURE, PLAN and WORKOUT your financial goals (short- and long-term [long term includes retirement])
- Remember that ATTITUDE AND DISCIPLINE are keys to creating wealth. There are no quick fixes to appease our money worries; our financial anxieties are ironed out by spending time to plan and study our options in time.
- I think the best thing that she has ever said so far is that WE START WHERE WE ARE FINANCIALLY in the Net Worth Workout. But by practicing the principles that Feitelberg analogizes with the preparation and ultimate victory of top athletes, our current savings may be increased by 20%, gearing it for investment (p. xii).
- Work with a financial adviser (someone who won't tell you about quick fixes, but someone who will guide/advise you on sound investment/financial practices that are best suited to your unique needs and goals).
So far, so good! I'm thoroughly enjoying this, while being educated by Ms. Feitelberg, a creative teacher, who parallels the success of the truly wealthy to the victories of top athletes.
"Managing money is an ongoing self-improvement project." - Susan Feitelberg
It is a process not an end. Let's be on this journey together!!!!
No comments:
Post a Comment