Statistics on the state of personal finance show that many adults, particularly young adults, struggle with financial literacy and are concerned about their ability to fund life goals like buying a house and retiring comfortably.
One way to overcome these concerns is by making the unknown known through financial planning and money management. Like many things in life, getting started is probably the hardest part. Time is an essential element in both life and personal finance, so use it to your advantage by starting your planning as early as possible.
Taking care of your finances can have a positive impact on both your physical and mental health. Studies show that financial education and management helps people reduce stress and anxiety, improve sleep, and afford a healthier lifestyle.
In my book, I offer DIY financiers with the methods to not only calculate the cost of funding five major life choices, but also the opportunity costs of making these big money decisions. Understanding these universal concepts will help you form a more positive mindset about spending and saving money.
To more easily access the resources referenced in the book, I’ve created a one-pager with links to online calculators and other useful tools. For more information on how to use these resources to make more-informed financial choices, I recommend first reading my book.
Click here to download a PDF version of the one-pager with embedded links.
To access all financial infographics (finfographics), click here.