Cash in on your dreams
Metro Monday, March 21, 2005
How many of us use money to deliver the things we really wish for, rather than a collection of material status symbols?
Although we earn an average of three times our parents' incomes, surveys suggest that we are no happier than they were.
Clearly something is wrong with our relationship to money, argues Edinburgh financial planner and author Duncan Glassey.
Glassey is founder of Wealthflow LLP, which specialises in holistic financial planning. Aiming to be an inspirational combination of finance and life training, the partnership claims that being good with money has as much to do with psychology as it does with number crunching.
This may explain why Glassey's book, Financial Freedom: Using The Wealthflow System, is less theoretical and more of a life manual that puts you at the heart of financial planning.
Its central message is that everyone could be happier and in control of their finances, if only they could see the connection between their money and challenges and opportunities thrown up by each life transition.
So whether you are moving in with someone, changing careers, getting married or even divorced, there is a way to use your money to help ease your way. The spreadsheets, rates of return talk and financial products are merely tools to help you do it.
'The answer to the deepest questions becomes the focus of the financial life plan,' says Glassey. The book includes probing questionnaires examining attitudes towards money, which readers are encouraged to answer honestly.
Once you have completed all the sections, your 'money soul' will be laid bare. But do not fear, Glassey's book offers plenty of inspiration - from finance experts to excerpts from the Bible, Robert Burns and Charles Dickens - to make the experience less uncomfortable. This is a manual which accompanies your dream-chasing at every step.
The journey of self-discovery is not without wit and hard cold financial information. Everything from spending advice and debt management to life insurance, is weaved into the mix using easy to understand language. Progress charts are designed to keep you on track and to remind you that you are working to turn your dreams into reality.
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