Conclusion
Money is finite. If you spend it over here, you don't have it to spend over there.
—Frank Wiginton
CONGRATULATIONS! YOU HAVE MADE IT through to the end of this book. By now I hope that you have a much stronger understanding of personal finance and your overall personal financial situation. By dealing with your financial elephant one bite at a time, I hope you found the experience to be easy, educational, and empowering.
Now that you have a clear focus on the goals that are important to you, what resources you have, and where you can find additional income to achieve them, you will become more successful in accomplishing them.
Remember the difference between wants and needs, don't forget the guide to shopping discipline, and make your important goals the priority!
Having an understanding of your debts and knowing how to pay them out effectively will give you a tremendous feeling of direction and liberation as you start to see them paid off one by one.
Having proper living and life insurance in place to protect your income and your loved ones will provide peace of mind and security. By understanding how these work and the actual costs involved, you can save a lot of money and actually increase your overall wealth.
With a stronger understanding of what retirement is and the various ways to fund retirement, you should feel that it is much more attainable. Knowing whether or not you are likely to outlive your money and how much of an estate you are likely ...