In the play 'As You Like It', Shakespeare identified the seven ages of man. In the book 'The Seven Ages Of Money', Tim Blue identifies the seven financial ages of man.
As each year passes, our financial needs gradually metamorphose. You are first young and single, then part of a couple. Soon enough responsibilities and debts arrive with a home and children. And eventually you will ask yourself if you've saved enough for retirement.
What are your chances of becoming financially independent? Excellent. If you are young and willing to save regularly and invest wisely, financial independence is within your reach. Did you know: if you had started saving at age 25, and put aside $100 a week, you would have accumulated more than $1 million by the age of 65.
Long thought to be the realm of the lucky or the well-to-do, financial health is within the reach of everyone, providing the four pillars of financial success - time, discipline, knowledge and strategy - are respected. The first two are within your reach now, and the other two can be acquired over time.
This book answers such questions as:
- How do I save for a car?
- What the heck is HECS?
- Do I need to budget for childcare?
- How much insurance is too much?
- When should I think about funeral expenses?
This book recognises that our needs at the age of 17 are not the same as our needs at 70.
