Smart Women Finish Rich
9 Steps to Achieving Financial Security and Funding Your Dreams
Chapter One
STEP ONE
LEARN THE FACTS-AND MYTHS-ABOUT YOUR MONEY
Wendy sat in my office, perched on the edge of her chair, alert,
inquisitive, and a little bit embarrassed. An experienced and highly
successful real estate agent, she had come to me for a financial
consultation-and the facts of her situation were hardly reassuring.
Although she earned well over $250,000 a year and was able to put
two kids through private school at an annual cost of $15,000 each,
her personal finances were a mess. A self-employed single parent,
she had less than $25,000 saved for retirement, no life or
disability insurance, and never bothered to write a will.
In short, this intelligent, ambitious businesswoman was completely
unprotected from the unexpected and utterly unprepared for the
future. When I asked Wendy why she had never done any financial
planning, she shrugged and offered a response I'd heard countless
times before: "I've always been too busy working to focus on what to
do with the money I make."
Looking across the ... read full excerpt from: Smart Women Finish Rich ebook