Good Money Habits in 17 Minutes Per Day (ePub)

The pandemic has caused most households to have dramatically increased levels of stress and anxiety about money matters. A major reason contributing to this situation is that most Americans have had no formal personal finance or money management training or education to deal with their affairs. In fact, they have been mandated to take more training to get their driver's license than to manage their money. In short, most Americans suffer from financial illiteracy. They have learned what they know about money through trial and error. The root cause of their money failures is that they don't have the basic financial knowledge they need. They lack good money habits. Research has also shown that most households only spend one hour per month or about two minutes per day on their financial affairs. At the same time most adults under age 65 spend over two hours per day on social media. It is time to correct this imbalance and devote more attention to money matters. Good Money Habits in 17 Minutes Per Day has been written to fill in the basic money knowledge gap most people have and put them on journey of lifelong financial improvement by allocating 17 minutes per day or two hours per week to learning about and understanding money matters. The book has been designed to be read in about two hours and to serve as a continuing reference for the reader to improve their financial situations. It addresses the expected financial challenges and opportunities individuals face in life and what to expect along the way. If there is one personal finance book to read, this is it. The book identifies the good habits that need to be developed to address life's key financial issues and offers suggested solutions on how best to develop your relationship with money. Written my financial services veteran Harry N. Stout, the book uses his over 30-years' experience dealing with financial matters and provides a practical guide to developing the habits and taking actions to improve y