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Money is the root of all evil! as 1 Timothy says. Perhaps that is why the general public is kind of bullish when it comes to their financial matters. Don’t you know that, in a recent survey, one in four Americans only have less than a thousand dollars for their savings? That means hundreds of millions of Americans either do not have enough money or are failing at being financially secure!
That’s worrying news, but Wilbert Guilford has you covered. As a trusted financial planner from Phoenix, AZ, he’s written a good deal on how to live a life of financial stability. He even published a guide–Financial Planning for the 99%--on how the average Joe could start living a life that was more economically minded.
Coal for the Winter from Wilbert Guilford
As a Certified Public Accountant, Wilbert Guilford has had over 35 years of experience in dealing with financial matters. From auditing to planning to accounting to taxes, anything you name, Wilbert Guilford’s had a foot in it! And with his expertise and long years of know-how, he wants to give back and wrote Financial Planning for the 99% as coal for the winter.
Aside from writing a book on how to be financially literate, Wilbert Guilford also has a personal website where he offers all of his financial knowledge at a very good deal! Whether it’s guidance on how to invest, consultation on what to do with retirement, or how to better understand your taxes, he wants to pass his wisdom down! It’s an act of kindness.
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Why Financial Planning Matters
Finance is a bothersome word. It’s something that normal people would normally want not to bother with–if ever possible–yet it’s something that they are deeply aware they have to contend with on a daily. That’s why financial literacy can often… vary… from person to person.
The reality of the world is that the phrase “money makes the world go round” isn’t that much of an exaggeration. Of course, it can’t physically make the world turn on its axis but for people living in a money-based society, it might as well. There’s practically no difference!
As such, financial and economic knowledge are extremely important tools that people need to be privy to. What’s more, it’s not like such information is hidden away in some cave somewhere. How to plan financially is freely accessible to everyone, regardless of where their tax brackets fall on.
When you learn to be financially literate, you are better at managing your money, setting financial goals, and working towards achieving them.
This is the path to true personal success.
Understanding how to navigate the financial and economic spheres of your own life, you take control of your actual future, building wealth you could pass down and secure your footing in society.
Of course, this does not mean you’ll be as rich as Elon Musk or Jeff Bezos, only that you’ll become more resilient and more comfortable.
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Basic Financial Advice for the Masses
Now, there’s no such thing as a free lunch in this world, so if you want to jump-start your path to financial stability, you need to buy Wilbert Guilford’s book! But in the interest of helping someone and sending them coal for the winter, here are some basic financial advice:
- Set and Prioritize Goals. You’re not getting anywhere, if you don’t know where you’re going. Determine what your short- and long-term goals are.
- Start Budgeting. Your income will always be in conflict with your expenses. Be smart with how you divide them, cutting down on the latter and saving up on the former.
- Establish Emergency Funds. Life is a rollercoaster; sometimes you’re up, and sometimes you’re down. Prepare for those times when you’re down because you never know when they’ll come.
- Plan Your Taxes. There are all sorts of connotations that come with taxes, but regardless, you need to pay them–so learn about tax laws and utilize tax-saving strategies.
While it’s always possible to start your financial planning on your own, seeking the advice of more qualified people can be beneficial in the long run, especially when it comes to more complex situations. So, if you want to begin at a more solid foundation, order a copy of Financial Planning for the 99% through this link.
