Enough?: How Much Money Do You Need For The Rest of Your Life?
L**7
Must read on financial planning
Really love that Paul goes against the grain compared to traditional financial advisors and makes us think about truly why are we actually financially planning? The metaphor was good and it was really easy to read. The lessons were good and I'm glad I found this book at 26.While I did not use the tool described in the book, I did some serious deep thinking about my life and how much I needed. At this stage, single with no kids, I calculated I would need to earn £60,000 to live my best life with all the experiences that I want to have. I'm grateful to Paul for writing it and better off (mindfully) because of it.
M**K
A Simple Read & A Powerful Message
A beautiful simple book with a very powerful message.I really enjoyed Mr Armson's book and found it a compelling read. I read it first-time round in one go on a two and a half hours flight to Croatia.I wasn't entirely sure what to expect when I ordered the book as there were no reviews at the time of ordering. It is important to understand that this is not a book about how to invest money; instead it focuses on the far more important question to which the title of the book alludes: how much money do you need for the rest of your life. Mr Armson encourages the reader to think about life - "designing, creating and keeping a life worth living" - i.e. what is important and how to get money into perspective so that it supports your 'lifestyle'. Mr Armson uses a 'bucket' analogy to help the reader understand the relationship between their money and their lifestyle - where they are heading financially - and for the first time I have understood the importance of, and need for, a financial plan. I gave the book to my wife to read and she is in agreement that we now need to find a new financial adviser who provides far more support than we get from our current one!Thank you Mr Armson!
C**W
Life isn't a rehearsal!
Written in an easy to follow, non jargon, conversional tone.Intuitively, we all know that life is not a rehearsal and precious time is slipping away. This book brings these certainties into focus and is filled with real life stories. It is a must for anyone who wants to get to grips with money, whether that's to sustain the life they lead without the fear of running out of money, or to change their life in some fundamental way.Paul shines a light on financial services. Probably more professional than it's ever been, but still relatively few planners and advisers operate this way. Find one and it really can help you achieve financial security and independence, get clarity and confidence and find peace of mind.Thanks Paul.
S**J
Just 'Enough' for most
I disclose at outset, that I am a practising Chartered Financial Planner, read financial books voraciously and know the author Paul, but have personally paid for the book and provide my review as impartially as I can.The book is aimed at the ‘man on the street’. It is conversational in tone, an easy read and one you can finish in an evening. The real question is does it help us find out what is ‘Enough’ money to live the life we wish to live before we die.In my view it goes a considerable way to answering that question. For me, the beauty of his book is that he does not try to fill it with formulae, worksheets or presume there is one magic methodology to calculate the number we need in order to know what is enough. Instead he guides us to principles knowing there are plenty of books and sources of expert advice whilst offering us access to his own website should we wish to access tools to help with cash-flow planning.Paul uses real life examples to vividly illustrate classic case studies of personal situations most of us can relate to. His explanations of what to consider and the philosophical approach to take in order to map our financial planning is clear, concise and easily understood. His ‘bucket’ analogy to explain the inflows and outflows of cash over our lifetime and how they can be managed I have used personally.He emphasises the importance of making the financial plan our own and ensuring we address important questions that many of us do not answer in the context of financial planning: did I live; did I love and did I matter?To conclude, a creditable addition to the financial planning library but not one for someone looking for masses of technical financial services jargon – plenty of others out there for you.
F**K
Recommend to everyone!
One of my favourite non-fiction books.Yes it’s incredibly simple and won’t take long to read, but that’s it’s beauty.For those who are disappointed I genuinely think it’s just not the right time for them; you can read the same book at different times and get completely different things from it.For me it was a real lightbulb moment and had a massive impact on my plans.I contacted the author, Paul, who was kind enough to refer me to an IFA who works on the same principles.I recommend this book to everyone and have sent it to many friends, family and clients.
G**M
Hopeless....
Waste of time. Save your money and add what you would have spent on this book and to your retirement pot instead. The book references "HOW MUCH IS ENOUGH' throughout and eventually leads you to some spreadsheet link. I haven't bothered. Sorry, but pretty hopeless....
S**A
One of the best and most life changing books I've ever read
Many people had recommended this book to me and I really wish I'd read it years ago. This book turns the traditional financial advisor model (where they just want to sell you financial products) on its head. This is about taking control of your own future, deciding what you want and then work out how to get it. In fact I wrote a blog reviewing this book and it went viral - so many people need to hear this message.The ideas are powerful, and it's an easy read with really engaging language. Definitely one of my favourite books ever and it's already changed my life.This book is now mandatory reading for all my clients.
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