Sunday, December 11, 2011

Let's Go for a Workout! A Money Workout!

The 60 Minute Money Workout!  This basically is a personal fitness guide for personal finance!

Similar to how you dedicate 60 min of time to workout, this, this book shows how personal finance goals can be achieved in the same way as fitness ones.  It has 14 chapters, consisting of 14 different "workouts" you can do to become financially in shape!

In addition, the book features a Christian perspective and emphasizes integrating giving into part of a personal finance plan.  It explains that wealth is limited by time, which is always limited.  So you must seize the day and know how to make the most of it. 

First step is to achieve financial freedom.  Subsequently, one must take into account personalities.  Then the book discusses about planning for spending/budgeting, retirement savings, debt, paying less, travel and fun, allowances for kids, kid entrepreneur, college plan, home-based businesses, couples and giving.  You can read them one at a time or read them all.  The modular format is great, as it enables one to utilize sections that apply to each personal case.

This is meant to be a review, but I hope to invoke conversation and discussion.  For those of you who have not read the book, I highly encourage you to do so.  What do you do with your personal finances?  How do you manage them?

For more information about the book, I would suggest reading an excerpt from the publisher:  http://waterbrookmultnomah.com/catalog.php?isbn=9780307446039

Disclaimer: I received this book for free from WaterBrook Multnomah Publishing Group for this review.

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