Author: Gary Klaben
Changing the Conversation: Transformational Steps to Financial and Family Well-Being intends to help families transform their financial well-being and ultimately simplify and improve their overall family life as a result. After leaving the corporate world after 14 years in healthcare to raise our three children, we became a one income family. I was terrified that we wouldn’t be able to manage because after all we were losing a significant income. Two years later we are thriving by using many of the same sound financial principles explored by the author in this book. When I say thriving it does not mean that we are accumulating more and more things…..what it does mean is that we are prudent when making purchases and learning to live using what we already have and flourishing with less. I learned quite a bit of good information on the retirement section because this is the next area of our lives that I want to focus on securing for our future. I have always learned best through learning about other’s experiences so the fact that this book has lots of true stories and examples made it particularly helpful.
The author has an extensive history as a financial advisor and I appreciate that he focuses on valuing your net worth as the value my family has in contributing to the world as opposed to our monetary assets or bank account. This is exactly the type of thinking that has allowed my family to make the transition to our “new life” as a one income family pursuing the values that are so important to us i.e. homeschooling and raising our children, volunteering and faith.
As a bonus, there is an excellent chapter regarding how the brain works and subconscious versus conscious thought. It is just fascinating………….
This is an economic book that is easy to understand and is applicable for both the younger and older generation as well as those in between like us. Now……off to teach my children about saving and the value of money!
*I received a copy of this book to review but I was not financially compensated in any way. The opinions expressed are my own and are based on my observations while reading this novel.*