Amazon – Page 3 – MONEY MINDFUL

Making Money Made Simple

August 31, 2019May 31, 2020Amazon, Books, Money Management & Personal Finance, Resource

Making Money Made Simple
Noel Whittaker

On the first page of this book it states “The aim of this book is to cover the essentials of money, investment, borrowing and personal finance in a simple way’ and Noel does exactly that. It might not be as catchy or entertaining as some of the other personal finance books I have read (Sorry Mr. Whittaker) but this book explains money in simple terms and provides lots of examples so you can understand the numbers behind the strategy or theory. I would not hesitate to recommend this book. I read this early on in my journey to educating myself about money and it certainly laid the foundations for the knowledge I have today and influenced how I manage my money to this day. Thank you Noel.

The One Thing

August 31, 2019May 31, 2020Amazon, Books, Mindset & Self-Help, Resource

The One Thing
The surprisingly simple truth behind extraordinary results
Gary Keller with Jay Papasan

This is an excellent book. It is a New York Times bestseller and I understand why. I happened to be listening to the Amy Porterfield Online Marketing Made Easy podcast and Jay Papasan was her guest. Well I was captivated. He talked about the strategies covered in the book about staying on track, achieving better results in less time and how to build momentum towards your goal. If you want to improve your productivity, improve your focus and have a clear path outlined to achieve the results you want in life this is the book for you.

I got so much out of this book. Keller teaches us a lesson in constraint, how to channel our energy and attention to the top priority in our life ‘the one thing’. I particularly liked how he breaks down how to approach a long-term goal. Working out what needs to be done in 5 years to achieve a 10 year goal and then what needs to be done 3 years from now to be on track for 5 years, what needs to be done in 1 year to be on track for 3 years, what needs to be done in 6 months, 3 months, this month, this week and today. A great way to get clarity and perspective on how to get something done.

Your Money Milestones

August 31, 2019May 31, 2020Amazon, Books, Investing, Money Management & Personal Finance, Resource

Your Money Milestones
A guide to making the 9 most important decisions of your life
Moshe A. Milevsky, PH.D.

I read this book very quickly. Partly because it was interesting and partly because I had to return it to the library in 3 days!

I love Milevsky’s take on human capital “The most valuable asset class for most people during their working years is their human capital.” He presents the idea that human capital should be viewed the same as other assets such as a gold mine or oil well. When preparing a person balance sheet to define our net worth our human capital should be included. He calls it a ‘Holistic Person Balance Sheet’. You can find out your human capital investment potential by using the a calculator he created at www.qwema.ca [edit- this is the link he published in his book but it didn't work when I tried it].

I also took a lot from his chapter on tax. He likened the government to a business partner. You might not like them but you have signed a contract and they are your business partners for life. “ If you earn $100, you must share the appropriate sum with your business partner, but if you lose $100, the business partner will subsidize a portion of the loss. And so, just as your partner keeps a close eye on your activities to make sure you pay your fair share of the agreement, you must ensure that your partner is not taking too much.”

What he says about insurance: make your excess as high as possible, save the difference in a savings for insurance reserve fund. Some events like a broken phone are likely to happen but inexpensive and therefore not worth insuring for. Insure for events that are unlikely to happen but would have a significant effect on your family and standard of living for example the death of the main income earner.

Mindful Money

August 10, 2019June 1, 2020Amazon, Books, Mindset & Self-Help, Money Management & Personal Finance, Resource

Mindful Money
A real guide to building and managing financial independence in a busy world
Canna Campbell

I have so much respect for this inspiring woman. Her first book "The $1000 Project" is a fantastic and realistic challenge to create more money.

In this book Canna takes you to the next level by outlining how to create a passive income. Like myself Canna is a mother of two and goes out of her way to help support other women with their finances. She is an experienced financial planner and imparts her expert financial knowledge is this book in a practical and approachable way. She takes you though a process to reach 'your number'- the amount of money you need to be financially independent.

Just like in her first book Canna covers money and wealth from a place of abundance. It's not just the nuts and bolts of money management. She also includes important information about having the right mindset around money.

"She shows you how to look at your finances with holistic and powerful mindfulness, easily incorporating her step-by-step advice into your daily habits and routines. From new banking rituals and money mindsets to growing passive income through shares and property, she will help you shed the excess and embrace what you really love, value, use and appreciate - including your necessary luxuries. Canna leads by example, sharing her personal tips and tricks for building, managing and protecting your money. No matter what you earn or what level of knowledge you have, Mindful Money will help you to see that financial independence is achievable."

I LOVE reading about money in books by Australian women. So good! Check it out.