Step 3: Take Responsibility for Your Money
This step provides tools to help you track your spending, and points the way to a simple financial plan that will keep your family on the right track while keeping them happy.
Step 4: Invest Where You Hang Your Hat
In this step will take a look at the advantages and disadvantages of home ownership, how to purchase a home, what you will need to bring to the table, how to prepare your credit for the process and some tips to achieving a better loan. You will find a simple savings strategy to get you to your first home and stay there.
Step 5: Learn Disaster Self-Defense
Now that you have something to lose, you need to protect it. We will take a look at the various types of insurance, from home to car, life to disability.
Step 6: Plan to Retire on Your Terms
Now that you've bought into the American Dream, it's time for another look at your wealth development plan. Here we will look at you road to retirement, how to view it and some of the realities. At the end of this section I will answer some basic questions that have been asked of me at the website concerning Social Security, the issue of taxes and how they affect your plan, whether inflation matters, and how to determine the worth of your retirement dollar.
Step 7: Buy Bonds - The Blander, the Better
In this step, we will open the world of investments with a discussion from the bottom up. Using a conservative approach, we will discuss investing in bonds, their unusual properties, the advantages and disadvantages of ownership, buying them individually or through mutual holdings.
Step 8: Play the Market – Not the one you are Thinking of