I just read a cool little book, The 4 Laws of Financial Prosperity: Get Control of Your Money Now! It is so timely and so relevant to where we are today in this financially tumultuous environment we are living in. I liked this book because it is for those who may be head over heels in debt and for those who aren’t in debt but want to optimize their financial freedom.
We all know that when we are enslaved to the credit card companies, the mortgage and the bill collector it’s hard to enjoy life, family, and our jobs, right? So why not get control and be happy? It’s common knowledge that financial peace of mind is directly tied to our happiness.
It’s certainly that way in my life. In the first eighteen years of my marriage, my husband and I spent what we earned. We saved the minimum in our 401K but the rest went out as quickly (or quicker) as it came in. We had sufficient for our needs, but every Christmas, with four daughters, we’d slip back into a debt, work our way out, get flush by late summer, and then Christmas would roll around again and we would repeat the cycle again and again.
As our two oldest went off to college we got a real slap in the face. The expense of college for two is out of sight so we knew had some steep hurdles to overcome. And that’s when we finally got control. We
1) trained ourselves to budget, 2) tracked every single penny we spent, 3) trimmed our expenses, and 4) set a target. By living by these four laws, we were able to get our two daughters through college, support them while they worked and lived abroad for 18 months, get out of the debt we were in, and build a new home. All without winning the lottery.
Now that was years before I discovered this book and the formalization of the four laws. This book would have really helped us get control sooner but still the ideas and principles taught here will still help us maximize our financial prosperity despite the financial recession the country is in.
This book offers four simple laws that are easy to remember, easy to implement, and easy to live by. There are some great worksheets included that you can use immediately to help you get started.
I truly believe in proactively controlling your life and your money. Believe me, if I can do it, you can do it.
Author: Annie Oswald
1 Comment to Come on people—get control!
Leave a comment