A couple of years ago I went through a finance pack from LIFE that cost me almost $50, but has saved me between $70-$100 every month since. That pack consisted of a small book and 4 audio CDs which proved to be invaluable.
Well, LIFE has outdone itself this time, with a new product; the Financial Fitness pack. It doesn’t leave anything out when it comes to finances. I’ve never really looked into any finance materials before, other than my accounting class in school or from reading Robert Kiyosaki’s ‘Cashflow Quadrant’. From what I understand though, financial education usually only covers one side of finance.
What I love about this new pack is that doesn’t just cover how to spend less or just how to get out of debt. It doesn’t only cover how to save properly. It doesn’t just cover how to make more money. It covers ALL of that in the offense of defense sections of finance. But there is more! It also covers the ‘playing field’ which goes into how money works, giving you the information you need to prosper in any economy.
It goes through 47 principles of finance that make total sense when you read them, but that can really set you back when you don’t even know about them.
Here are just a couple examples covered in the pack; in all 3 areas of financial fitness:
- 04: Stop getting financial advice from broke people; get it only from those whose finances you want to emulate.
- 29: See your car(s) as transportation, not status symbols. Save up and always pay cash for them.
- 33: Use the roll-down method to pay off all credit card debts and then apply it to all other debts
- 37: Do not use consumer debt. Wise financing for business investment can be okay at times, but consumer debt is cancer. Cut it out!
- 44: In addition to cash savings, save some of your money in something other than fiat currency
- 47: Study the strengths and/or weaknesses of your nation and economy (and others where you do business) and wisely consider and prepare for potential economic downturns.
When you know and apply all 47 principles, as the back of the book advertises, you will know how to build your income, get out of debt, and prosper in any economy
Here is a snippet from a brochure on the product, explaining what it is all about, and what you will get:
OFFENSE
- Why you need to have long-term vision
- Harnessing the power of compounding to work for you instead of against you
- Why investing in yourself is the best investment you will ever make
DEFENSE
- The habits of saving and budgeting
- the benefits of practicing delayed gratification
- A strategic plan to get out of debt
PLAYING FIELD
- The history of money
- How inflation works
- How to rate your nation’s economy
WHAT YOU WILL GET:
A Financial Education that involves budgeting, roll-down debt reduction training, planning tools, offensive game plans, and teaching on how to arrange your money into a hierarchy and how your nation’s monetary policy affects your money.
When I got the original finance pack, there was great information that I was able to use, but there wasn’t anything that made it easier to apply the information – and the information is only good once it’s actually used! One of the great things about this pack is that it has a workbook to go along with it, making it easy to actually apply what you are learning; this how you will get the most out of it. In the beginning of the book, it talks about informational reading and transformational reading, with the transformational reading being most important – and the workbook allows you to do just that.
My suggestion: Give it a try. with a 30 day money back guarantee, just return it if the information doesn’t pay for itself in the first month when you apply it! You have nothing to lose… but SOOO much to gain!