Nobody really teaches us how to plan or invest when we're younger-or when we're older, for that matter. The good news is that it's never too late to start.
The Procrastinator's Bible for Financial and Estate Planning Success: Nine Essential Steps can get you started by teaching you to:
- Define your real risk tolerance or "financial DNA"
- Record your personal information, estate planning, and investment asset details
- Prepare a detailed budget, cash-flow, and net-worth analysis
- Create a retirement budget
- Implement a system to keep track of your investments and cost basis
Frank J. Eberhart's nine essential follow-up steps can help you understand how investments work, get organized, develop and implement an estate plan, and set concrete, realistic goals. The more you learn, the more you earn-and the more you keep!