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COMING SOON: PRE-ORDER NOW!
The intent of this white paper is to open your eyes to the problems inherent with the industry in order that you may be open to learning about other ways in which money and its behavior can be approached.
Description
COMING SOON: PRE-ORDER NOW!
Most of what today’s financial planning is based on is what I refer to as “Black Box” financial planning. In this report you will learn the definition of Black Box financial planning, how it works, and how it is simply a lot of math calculations which have nothing to do with the behavior of money.
An example is taken from a PBS program featuring a very popular celebrity. When an example of advice she shares with a young woman in the audience is dissected, it will either make you want to laugh or maybe cry. You will see how her application of math to financial planning is really no predictor of someone’s financial outcomes.
You will be shown how Black Box financial planning is applied today in the industry and the twenty detailed problems it presents. You will also be given nine reasons why it is so common. You might find that most of these are not reasons which are in your favor.
The reader will be walked step-by- step through an example of why there is simply not enough money in most households to approach finances in this way. The reason is that each dollar is allocated to one financial purpose and cannot be used more than once.
The intent of this white paper is to open your eyes to the problems inherent with the industry in order that you may be open to learning about other ways in which money and its behavior can be approached. A nice supplement to this white paper is Pound Foolish: Exposing the Dark Side of the Personal Finance Industry by Helaine Olen . A full review of her book and a link to Amazon can be found under “Resources” and the suggested reading tab on this site.