December 31, 2007
Posted by dotell
Commercials are playing are running non-stop for david bach's 9 Steps to Creating a Rich Future for You and Your Partner. I've read so many of these financial books like Rich Dad Poor Dad.
It seems that all these books have 300 pages with only 10 pages of real content or meaning. Can anyone tell me what the 9 steps are for Bach's book, the 10 pages?
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December 31, 2007
Posted by wookie
( 1 rating )
1. Seeing how your past holds the key to your financial future
2. Facing your fears and creating new truths
3. Being honest with yourself
4. Being responsible to those you love
5. Being respectful of yourself and your money
6. Trusting yourself more than you trust others
7. Being open to receive all that you are meant to have
8. Understanding the ebb and flow of the money cycle
9. Recognizing true wealth
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December 31, 2007
Posted by EthanBroadway
( 0 ratings )
Step 1: Seeing how your past holds the key to your financial future
Childhood memories, particularly strong ones, are layered in feelings of all kinds. Those memories are of the moments that defined who you are as a person, and true understanding of those memories can bring about significant insight into your adult life, which is what the second step deals with.
Step 2: Facing your fears and creating new truths
Evaluate step #1 to see what exactly it says about your current views on personal finance.
Step 3: Being honest with yourself
This is the most paramount step in the book which is the first non-psychological step. This step details that most people don’t have a real grasp on what they’re spending or what they’re earning
Step 4: Being responsible to those you love
Disaster planning or rainy day planning
Step 5: Being respectful of yourself and your money
retirement planning, removing debt etc...
Step 6: Trusting yourself more than you trust others
use your instincts to guide your investing
Step 7: Being open to receive all that you are meant to have
money in and of itself doesn’t really bring happiness, but that happiness can bring money...
Step 8: Understanding the ebb and flow of the money cycle.
Good can come from bad...
Step 9: Recognizing true wealth
Money is not life or wealth. A Suze Orman moment.
Bach focuses on the psychology than the critical components of finance. I do not recommend this book.
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