Conscious Finance: Uncover Your Hidden Money Beliefs and Transform the Role of Money in Your Life - Softcover

Rick Kahler; Kathleen Fox

Softcover

ISBN 10: 0966554337 ISBN 13: 9780966554335

Publisher: FoxCraft, Inc., 2007

Synopsis

Conscious Finance is a self-help guide to a complete money makeover. It offers a practical, usable plan for building a comfortable and productive relationship with money, starting from the inside out. Unlike other books on personal finance, it helps you not only with the technical side of money, but also with the often neglected emotional or psychological side of finance. If you feel stuck in a cycle of destructive money decisions, or you worry constantly about money, the problem may have more to do with your emotions than your finances. Money choices are governed, not by logic and facts, but by your deepest emotions and beliefs about money. You can identify and change those unconscious beliefs and the destructive behaviors they generate. This book shows you how. It explains the hidden beliefs about money we all have--beliefs we aren't even aware of, but that can keep us making the same money mistakes over and over. More significantly, it offers detailed and specific exercises to help you change those beliefs in order to successfully change your financial habits for the better. In addition, Conscious Finance offers clear, easy-to-understand explanations and instructions for managing money. For novices, it provides all the information you need to create and follow a workable spending plan, get out of debt, invest wisely, and plan for the legacy you want to leave. For those already knowledgeable about finances, it includes cutting-edge information on asset protection and on choosing financial advisors. The authors, who are financial planner and client, share their own stories with humor and insight, presenting authoritative financial advice in a warm, readable style. This book goes far beyond strategies for solving immediate money problems. It is a unique blend of information on exterior finance (the mechanics of managing money) and interior finance (your emotional relationship with money). Conscious Finance includes exercises for clarifying your life aspirations and setting goals to help you achieve them. This book can help you learn to give money its appropriate place in your life--not as something to be accumulated for its own sake, but as a valuable tool to be respected and used to help you build a satisfying and fulfilling life. This second edition includes a foreword by country music legend Wynonna Judd. She is one of many clients who have used the tools described in Conscious Finance to help build a healthier relationship with money.

About this title

From the Publisher

Conscious Finance has generated significant interest in the financial planning community. Increasing numbers of financial advisors have begun to recognize that technical knowledge about money, while important, is not enough. They realize that successful financial planning also requires working with clients’ emotions and beliefs related to money. Conscious Finance is the first book to blend these exterior and interior aspects of money into a self-help format. It is designed to help readers understand and permanently change the underlying emotional issues that keep them making the same money mistakes over and over.

From the Author

Our approaches to money are poles apart. Both of us are firm believers in the KISS principle—with one slight difference. Kathleen thinks KISS stands for "Keep It Simple, Stupid." Her eyes glaze over after 30 seconds’ worth of details about amortization, capitalization, and diversification. She stops breathing at the merest thought of financial risk. She’d prefer to let Rick handle all the details of managing her money so she wouldn’t have to think about it. She’d rather read an unabridged dictionary than the financial pages. On the other hand, given the slightest encouragement, she’d be delighted to subject you to a lecture on the difference between "its" and "it’s" or why using "impact" as a verb should make you shudder.

Rick, however, thinks KISS stands for "Keeping It Simple IS Stupid." His eyes light up at the prospect of putting together the "perfect portfolio." He can disappear for hours into the world of technical information about investing: co-variances, standard deviations, r-squareds, alphas, and betas. He gets excited about protecting your assets by setting up trusts, which own corporations, which own other trusts, which own goodness knows what else. Rick could tell you more than you’d ever even imagine wanting to know about tax strategies, real estate, asset protection, and investing.

Maybe that’s why Rick is the financial planner and Kathleen is the client.

Despite our different perspectives, however, we have both found great success in using the tools of financial integration. We believe you can do the same.

Edition details

• Publisher: FoxCraft, Inc.
• Publication date: 2007
• ISBN 10: 0966554337
• ISBN 13: 9780966554335
• Binding: Paperback
• Language: English
• Edition number: 2
• Number of pages: 273