The Environment Of Money (Chapters 1 - 3)

Introduction - Personal Money Management

I always wondered why some people always seemed to have money and others were always in a financial crisis. In my twenties and thirties I found that I was the one going from crisis to crisis. I felt like I was making money but stability seemed elusive. I succeeded at times, floundered at times and was worse than dead broke at times. The cycle went on for 25 years. Sometimes I felt I was a better money manager at 18 than I was at periods in my twenties, thirties and forties.

However, now in my fifties, I am retired from my first career and even through this financial meltdown, I am still set for life. You may ask, What Happened? I would say the pivotal moment was when in my early forties I was in a counselling session and my instructor told me that everything has rules. You can fight them or you can accept them and then work and manipulate your energy within them. That seemed fairly easy so I asked, “Why haven’t I figured this out yet?” The answer was just too simple. She told me that I was finally ready. I studied Developmental Psychology at University. I had never thought that personality development had stages beyond arriving at adulthood. But it does so I know there are a lot more of you that may need to figure out the rules of financial management , accept them and then work through them. Unless you are blessed with a knowledgeable mentor who you actually listen to, you can arrest your personal and financial development for decades, just like I did.

The focus of this book is the role of money in personal development and fulfillment. I found that money certainly seems to be a key that opens the other facets of life. Money means many different things to people. It is power. It is freedom. Most regular folks would like a little more of both of those feeling but really don’t want the responsibility of riches. Almost all the books written are about how to get rich. They are written about those who are rich. They all talk about how to create overwhelming income. They aim to turn you into one of the top 1% to 5% of income earners in the society. The goal seems to be to turn you into an economic machine that can make more income than you can possibly spend. The problem is that financial success depends on controlling spending and adjusting attitudes about debt management. Most people do not want to be in that top 5%. Most people would just like to be doing better than they are doing. They want to be able to put in their time at work and have enough money to live comfortably, buy a house, maybe raise a family and then retire comfortably. I have always found it odd that no author has targeted a book with the task of helping the regular Joe and Jane get their financial house in order to accomplish these simple goals. The goal of this author is to help just that demographic develop on a financial and personal level so that you attain this simple set of goals.

Personal finances are beyond personal, they are taboo. People will talk about finances, just not truthfully and transparently. It is such a sensitive topic that authors stay a million miles away from it. However, we are in another personal age, that of the personal computer. We can explore taboo topics from the privacy and comfort of our own homes. This project will give you the tools and the coaching to work out your family budget. The directions and articles will hopefully enlighten those who need enlightenment on some very basic money management issues. Hopefully it will even save some marriages. I think we all know money management matches child rearing attitudes as the top two problems that lead to family break-ups. We understand how personal and important what we are trying to teach is. We will provide the tools, directions and coaching but all of the decisions are up to you, the recipient of our financial instruction.

Money and its management are very logical and very simple. Yeah, it is about as simple as a home renovation. So like a home renovation, you need a toolbox. You must learn how to use the tools that are in the financial toolbox that the professional’s use. You will have to learn what the tools do and become comfortable using them. Because finances influence every minute of your life you must be using your financial tools every minute of every day. What that boils down to is that you must develop responsible attitudes about the spending of every penny of your money. It’s a big job but there are lots of tools to help you.