iMoneyCoach.com Releases New Book Teaching That Money is the Smallest Part of Your Finances (Brad Hawkins)

November 19, 2009 – 4:51 am

iMoneyCoach announces the release of their book on personal financial success. Money matters won’t be fixed with a perfectly structured budget or even a bigger paycheck. Financial success is part of a much bigger puzzle and believe it or not money is the smallest piece of that puzzle.

Many people never look at the process they go through in their mind when they make financial decisions, and this is potentially a problem. And when there is something just a little wrong in our thinking it effects many areas in our life and it’s hard to stop the incorrect path the process has begun.

So why is a money coach such an important piece in your financial puzzle? Financial coaching is a process of looking long-term at your financial life and not only create a budget, but also help you approach decisions in such a way that you do not get back into the same mess you were in before.

Take for example this story: In spite of their double income, Matt and Sandra are accruing around $15,000 of credit card debt a year and neither can really explain where the money went. They manage the growing burden by transferring balances and refinancing, but they are frustrated at finding themselves in the same cycle year after year. Sandra has read many of the popular books in an effort to budget better and teach her children good spending habits, but in the end, she always found the advice impossible to implement.

No change ever occurred because the systems were too hard to do consistently, and because her Husband was just as bad as she was, there was no accountability to keep her on track. This is a very important piece of any kind of financial success because it’s hard enough to stick to a budget.

Many people never look at the process they go through mentally when they make financial decisions, and this is a mistake. And when there is something just a little off in our thinking it carries through many areas in our life and it’s hard to stop the momentum

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