This was the book that finally put more over the top to not only start fully applying the good financial teaching I received when I was younger but also filled in the gaps. This led me to pay off all my debt, including my mortgage, in 3 years. I'd been looking for a book that clearly taught financial principles and when I found Financial Fitness, it fit the bill to a T.
The book is divided into four sections: Basics, Offense, Defense, Playing Field. The basics are the basic things everyone absolutely needs, a mix of offense and defense. They next launch into the offense, or how to make more money, because you need to make money before you can be good about managing it. They next dive into what most people think about finances, the defense or how to keep more of what you've already earned. They then wind up talking about the playing field. This is the the environment in which we operate. It includes what money is, what affects its value, and how the market, economy, and governments can affect your personal money decisions.
Throughout the book they pick out crucial principles and highlight 47 principles of gaining financial fitness. Just mastering the first 7 principles set me up for paying off all my debt, and I am still working on the remaining 40 principles.
I feel so strongly that the information in this book, if applied, can have a dramatic impact on almost anyone's life that I started financial coaching using this book. I have seen so many couples get on the same page as they go through implementing the basics. I've seen business owners who can double their income each year realize they were doubling their expenses each year as well and were no better off.
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