Financial Planning is an Emotional Issue

Book Review of Smart Women Finish Rich By David Bach
Book review by Brad Doll

Today we continue our recommendations of the best books for nannies to help manage money. Since most nannies are women, the focus of our next book is to help women understand that financial planning is as much an emotional issue as it is an intellectual one.

Smart Women Finish Rich:
9 Steps to Achieving Financial Security and Funding Your Dreams
By David Bach


David Bach's Smart Women Finish Rich: 9 Steps to Achieving Financial Security and Funding Your Dreams (Revised Edition) is a homage to the financial wisdom of his grandmother; it's also an excellent foundation for women who are starting to get their financial lives in order. He explains that people rarely know what is truly driving them emotionally when it comes to money.

In response, Bach has written a guide to money management for women based on his belief that "financial planning is as much an emotional issue as it is an intellectual one."

Are you considering your values in your work and investing? What part of your daily work is driven by your goals in life? Is your latte habit preventing you from accumulating substantial wealth? Bach addresses tax strategies, wills, insurance, retirement plans, and investments in a highly accessible manner. Smart Women Finish Rich bridges the gap between simple saving strategies and preparing for widowhood and financial independence.

Tomorrow: Owning the Power to Control Your Destiny