A unique approach to personal finance that tackles money like a jiu-jitsu fighter would tackle an opponent In martial arts and personal finance, fundamentals are important. But while failing in Brazilian Jiu-Jitsu may be disappointing, it's nothing compared to failing to build wealth and creating a better future for your family. Nobody understands this better than Scott Ford, a top-ranked financial advisor and Jiu-Jitsu enthusiast. Now, in Financial Jiu-Jitsu, heshows you how to overcome your emotions and state of mind to excel at your investing endeavors. Along the way, Ford teaches you fundamental skills such as automating your savings and investments, the importance of paying yourself first, and managing credit wisely. * Compares the patience and practice of the martial arts, specifically Jiu-Jitsu, to investing * Offers an approach to adapting to financial change as you move through life, while maintaining the same guiding principles * Author Scott Ford is ranked in the top one percent of all financial advisors The guiding principles in this book are the foundation of your financial fight plan and the keys to reaching your financial dreams. No matter what punches the market or the economy throws at you, if you follow theseprinciples you'll always react well in the face of adversity. INDICE: Foreword (Renzo Gracie). Introduction. Chapter One Prepare to Win Now and Forever. Give Back. Pay Yourself First. Automate! Maintain a Cash Safety Net. Manage Credit Wisely. Get Time on Your Side Never Procrastinate. Make Reality Your Perception. Follow a Simple and Comprehensive Strategy. Chapter Two Balance and Base What is True Wealth to You? Step One: Forget Financial Goals (at least for now). Step Two: Develop your Vision for Your Life. Step Three: Determine Your Specific Goals. Chapter Three Closing the Gap Analyze your Current Situation. Before You Close the Gap: Overcome Your Fear of the Unknown. Step One: Forget about Budgets. Step Two: Make Sure You Have Positive Cash Flow. Step Three: Create a Personal Balance Sheet. Step Three: Keep in Mind the Total Financial Picture. Chapter Four Family Your Family Benchmark. Your FamilyBenchmark: An Introduction. The Family Benchmark in Action. Time and the Power of Compounding. Tie the Steps Together. Starting Point. Chapter Five Your Team of Advisors 2 is Better Than One: The Power of Respect. Types of Advisors. All Those Initials: Professional Designations. How Financial Professionals Earn Their Keep. Choosing an Advisor. Interview! Trust but Verify. Chapter Six Timing What Is Your Investment Strategy? Stage One: Build an Emergency Fund. Stage Two: Own Your Home. Stage Three: Take Advantage of Tax-Deferred Investments. Stage Four: Max Out 401(k) Match Contributions. Stage Five: Contribute to Traditional and Roth IRAs. Stage Six: Determine How to Invest your Funds. Stage Seven: Diversify into Other Investments. Chapter Seven Gain Control Your Estate Plan. Estate Plans: The Basics. Revocable Living Trust. Pourover Will. Health Care Power of Attorney. HIPAA Power of Attorney. Property Power of Attorney.Family Retirement Preservation Trust. Estate Planning Letter. But Don't Simply File Your Plan Away! Pay Attention to Beneficiaries. Chapter Eight Position before Submission Analyze Insurance Needs. Protect Yourself but Not to the Extreme. Life Insurance. Auto Insurance. Property Insurance. Health Insurance. Disability Insurance. Chapter Nine Attitude Life in Retirement. How Much Money Will You Need? Current Spending Estimate. 10-10-4 Rule. Chapter Ten Leverage Establish Your Tax Plan. Tax Savings: Homeowners. Tax Savings: Students and their Parents. Tax Savings: Retirement. Chapter Eleven Love, Discipline, and Dedication Have Your Plan Updated. Conclusion. Afterword (Luke Rinehart). An Overview of the Development and Principles of Jui-Jitsu. Appendix. About the Author.Index.
- ISBN: 978-0-470-64830-8
- Editorial: John Wiley & Sons
- Encuadernacion: Cartoné
- Páginas: 208
- Fecha Publicación: 03/11/2010
- Nº Volúmenes: 1
- Idioma: Inglés