What do you really want?
As a financial advisor, this is a question I spent a lot of time asking my financial services clients. The answer to this question is really where all things start in our personal, professional, spiritual, and financial lives. However, in our sound bite world most people seem to skip the first part of the process and jump over to making decisions and taking action, not always based on a foundation of understanding first “what I really want”.
What Do You Really Want is also the title of a book which is targeted to teens and written by Beverly K. Bachel. I didn’t know anything about this wonderful book until it was shared with me by one of a woman who works on a volunteer project we lead. Our activities involve some wonderfully talented young women who may not have always had the opportunities we had. So, the volunteers simply spend some time with the students and teach life skills. For the high school students who are seniors, Ms. Bachel’s books seems perfect. It formalizes the topics we have discussed over the last three years and gives them an easy way to roadmap their lives…based on their hopes, dreams, and goals. It encourages them to focus on what they want, not necessarily what their friends, families, or boyfriends want for them.
As I started planning how to compress all this wonderful information to make it meaningful in a lunchtime setting, I was struck by how valuable it is for not only teens, but for all of us. Parts of it mirror conversations and processes which are in my Financial Freedom Party for Women, A Little Book about Money for Women.
I encourage you to check out Ms. Bachel’s book ( mine too!) and consider sharing it/them with the young people in your life. Not only will they learn things and have a process to record them, you will probably learn a lot about yourself as you lead them through the book (s).
Until Next Time
- Reading is really important to me. If you read blogs, it is probably important to you also. I find that reading is an investment in time which gives my life balance and provides an outlet for intellectual curiosity, Reading is relaxing, challenges my belief systems, and expands my horizons. I acknowledge that not everyone likes to read, so my book Financial Freedom Party for Women, A Little Book about Money for Women is short (78 pages total), fun, and covers financial management basics. Hoping the reader will be inspired to learn even more, my book includes a short reading list of books I have enjoyed and which relate to the mechanics and emotions of the world of money.
- The first book on the list is by Robert Kiyosaki and is titled Cash Flow Quadrant. Personally, I am a fan of Kiyosaki and appreciate how he gives the reader a way to think about what I always described as “rich people”. I mention his Cash Flow Quadrant in my book. I like the way he describes the four ways of making money.
- Sometimes I feel we all spend so much time thinking about what kind of job we will get and the education needed to reach that position, that we skip the first part of the conversation. Logically the conversation should start with determining, what type of lifestyle, level of income, and accumulation of assets we are trying to create. A lot of folks talk about “getting rich”, but do they understand how that differs from being financially comfortable, middle class, or even what is referred to as the “new affluent”? Kiyosaki’s writings give us an idea. He even created a cash flow board game. Some years back, I played it with group of friends and we had a great time while learning about the value of getting into the part of the game where the cash was flowing. Oh, if it had only been real life and not a game.I noticed the Kiyosaki has a new book out which became available in April 2013.
- Will you appreciate Kiyosaki’s writings, I don’t know. But then you won’t know either, unless you try.
- Hope you will read my book first and then pick some from the reading list.
- Until next time.
I have a Kindle.
I love my Kindle. However, on occasion I am conflicted by my commitment to not buy any books, and my desire to use my Kindle. Yes, there are free offerings for Kindle and I appreciate the books I have downloaded for free. However, about eight years ago I decided I was addicted to buying and reading books. I preferred to read three or four at a time. Some were novels, lots were about women and our lives, and the majority were business books. My husband would add to our growing collection with his paperback westerns, science fiction, and mystery books. We had to build shelves to create places to put our books. After moving them from one place to another it became apparent this habit was EXPENSIVE and it was time to change it.
Richard J. Foster writes, “Reject anything that is producing an addiction in you.” It was time to face reality. I was addicted. I made a conscious decision to purchase no..zero.zippo..books, at least until I was in control of this book thing, and it wasn’t in control of me. With the help of my book club friends, I learned to rely on library books (we had an awesome library in Aurora, Colorado and now in Port Isabel, Texas), borrow books from friends (I am a very fast reader), and most importantly, to do without. No more grabbing a book at Wal-Mart on the way to the checkout counter. There have been a couple of times when I had a book in my hand and I coached myself back to the book section to return it. My trips to those wonderful book stores which smell like coffee had become my second home Now they are places to visit books, not to buy them. The few books I purchased were for business research. I often share my books with clients, hoping the book would return. Not always true. Every time I wanted to use my Robert Kiyosaki Cash Flow Quadrant book, I would find myself going to bargain book sellers because I had given my copies away.
Only after being “clean” for a couple of years, did I allow myself to purchase a few selected books, usually used! Our supply of books was carefully sorted and sent off to new homes through the church bazaar or the local ARC thrift shop. The money I saved was significant, probably about $1500-$2000 a year. My life still went on. More to come next time. Debra