Author: Beth Kobliner
|Get a Financial Life (2017) is designed to help people who are new to managing money. The author knows what it’s like to be in the situation, having struggled with finances when she was younger. She helps readers understand how to get out of debt and save for the future. The teaches you the basics of personal finance, which include paying your monthly bills on time, saving money for the future, and how to invest.|
If you’re like most people, you’ve probably been taught that money is bad. You’ve been told that if you have any at all, it’s only because of your parents and that they must have been very rich. And of course, after spending a lifetime being told these things, it can be hard to see the good in money. But what if I told you there were ways to make money without working for someone else? What if I told you that by investing wisely and learning how to save money, you could increase your net worth? Sounds too good to be true? Well, it isn’t. There are plenty of ways to make more money without having to go into debt or take out another loan.
If you want to get ahead in life and live the dream of financial independence, then you need to learn how to manage your money. This is where having a good book like Get A Financial Life Book Summary comes into play. This book will give you all the information you need on managing your finances so that you can get out of debt and start building wealth for yourself. By reading this book, you will learn how to budget better, save more money and pay off debt faster.
The first step to having a financial life is to understand that money isn’t just something you get – it’s something you earn. It’s no secret that money can make or break your future. The more you know about how money works, the better able you will be to manage your finances. By understanding how money works and how it should work in your life, you will be better equipped to make wise decisions regarding your finances.
Get a Financial Life Key Points
Adjust your expenses according to your needs
If you want to be happy, you need money. And if you don’t have enough of it, then you need to learn how to make it. But as wonderful as this sounds, it’s easier said than done. The decision to start saving or investing is not always one that people make immediately. Most people wait until they have a large amount of money in the bank before they start saving or investing. If you have a clear idea of how much your dreams are worth, then it’s easier to see that they are actually within reach. Once you know what your dreams cost, then you can adjust your finances accordingly.
For example, let’s say that your dream is to help bring peace and prosperity to the world through education and health care. If we assume that everyone who dies today could be saved by being alive tomorrow if given the right treatment, then we can estimate how much our dream would cost: 5 million people per year. So now we have our answer – this dream costs $50 million per year (5 million x 365 days x $10,000/day x 20 fields). This means that if we had $50 million sitting around in our bank account today instead of investing it elsewhere, we could fund 100% of this dream every year.
Why do we wait? Because we think it will happen automatically if we just let nature take its course. But guess what? Nature doesn’t work like that! You have to work hard at managing your money or else it will manage itself and leave.
There are many ways, you can get rid of your credit card debt
Many people have credit card debt. It’s easy to build up over a few years. It can be hard to get out of and it holds you back from living your best life. Debt is a serious financial problem that can affect your life in many ways. But you don’t have to let it control you. Credit cards are an easy way to get into debt. You can rack up interest quickly, and the fees and penalties can be expensive too. You might be thinking, “Well, I have to use my credit cards because they’re what’s available to me.” That’s true, but you don’t have to pay an exorbitant interest rate on them.
Once you’re in debt, it’s hard to escape. Even if you make payments on time, your interest rates will still be high — and they could rise if you miss payments. There are ways to get rid of your credit card debt fast without having to pay such high rates. So how do you get out of credit card debt? It’s not easy, but some things can help. Here are some tips:
- Negotiate with lenders
- Use savings to pay down debt
- Avoid new purchases altogether
- Get rewards cards and lower rates
- Sell your old stuff
Insurance is an investment in your future. If you get the best policy for your budget, it will pay off in the long run
Insurance is necessary to thrive as an adult. The difficulty is, if you don’t know where to go to find a good policy, you’re going to end up overspending! It’s a fact of life. If you want to be able to take care of yourself and your family, private health insurance is the way to go. The hard part is trying to figure out how much it will cost you in the long run.
The best way to get an idea of how much insurance should cost is by comparing policies online. There are plenty of companies that offer quotes, and they can save you money and time. But before you start your search, make sure you understand the differences between term and whole life insurance plans. The insurance industry is a big one. It’s a $2 trillion industry that includes everything from your car to your home to your health. The difficulty is, if you don’t know where to go to find a good policy, you’re going to end up overspending!
If you’re not sure where to start, take a look at these tips below:
- Ask your family and friends – they will likely have insurance, so ask them if they are happy with their policy.
- Look at online reviews – this is the best way to see what type of coverage people are getting for their money.
- Read up on different companies – most of us aren’t aware of all of the options out there, so research what each one offers and find the best deal for you!
Get a Financial Life Quote
“If your expenses are higher than your income, you need to find ways to cut back – which can be painful at first.” -Beth Kobliner
Get a Financial Life Review
The book doesn’t just teach you how to be financially secure but also gives you the tools needed to keep yourself in a positive mindset when it comes to money. It’s filled with personal stories, success stories, and a lot of practical tips that can help anyone who wants a better financial life.
The book has an easy-to-read style, which makes it easy for beginners like myself to understand.
To whom I would recommend Get a Financial Life Summary?
- Anyone could not keep money in the bank ever.
- Anyone who needs to get a loan.
- Anyone who is so tired of stressing about money.