A Man Is Not a Financial Plan: Investing for wealth and - download pdf or read online

By Joan Baker

ISBN-10: 1741752086

ISBN-13: 9781741752083

ISBN-10: 1741762375

ISBN-13: 9781741762372

A really sensible, effortless consultant to funding making plans written in particular for ladies.

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Borrowing reduces the amount of disposable income that you have (because you have to pay interest), but increases the amount of your capital (because by borrowing you can invest in more assets). • Setting capital value. The income that you get from your assets values those assets. ) and you increase their value. For example, if you can increase the rent that you get from a property that you own, the increase not only raises your income but also makes the property more valuable. 25 A man Financial Plan PGS 2/7/07 11:09 AM Page 26 A man is not a financial plan • Consider how you view wealth and income.

For example, if you can increase the rent that you get from a property that you own, the increase not only raises your income but also makes the property more valuable. 25 A man Financial Plan PGS 2/7/07 11:09 AM Page 26 A man is not a financial plan • Consider how you view wealth and income. Have you been confusing the two? • Do you see income as a means to increasing wealth, rather than wealth in itself? • Are you focussed on increasing your wealth? • How will you use your income to grow your wealth?

It is much easier to bypass the 40 A man Financial Plan PGS 2/7/07 11:09 AM Page 41 Creating wealth through investment temptation of ‘mindless’ expenditure if you are clear about what you really want—you can distinguish easily between the ‘big things’ that matter, and the trivia that does not. Many women could become financially free just by spending less and investing the remaining money well. I have seen clients ‘save’ thousands of dollars per month from their budgets and develop an impressive investment portfolio within a year!

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A Man Is Not a Financial Plan: Investing for wealth and independence by Joan Baker


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