Chronicles of a Vicar by Fred Secombe

Chronicles of a Vicar by Fred Secombe

Trading either commodities or foreign currencies might sound exciting. But if you haven't mastered even the basics of money management--establishing an emergency fund, maintaining a budget, and setting money aside for your children's education and your retirement--can you honestly say you're on the path to perfecting the art of personal finance?

In Financial Jiu-Jitsu: A Fighter's Guide to Conquering Your Finances, financial advisor and Jiu-Jitsu enthusiast Scott Ford shows how mastering your finances--like mastering a martial art--has nothing to do with perfecting thousands of exotic, technically challenging moves. Rather, mastery is as simple as performing a handful of basic moves thousands of times. These basic financial moves include:

• Prepare to Win: Paying yourself first, maintaining a cash safety net, managing credit wisely, and never procrastinating
• Balance and Base: Determining your specific financial goals, and developing a vision for your life
• Closing the Gap: Overcoming your fear of the unknown by creating a personal balance sheet and using it to analyze your current financial situation
• The Power of Respect: Choosing and working with a financial advisor
• Timing: Taking advantage of tax-deferred investments, maxing out 401(k) contributions, and contributing to IRAs
• Gain Control: The basics of an estate plan, living trust, pourover will, and power of attorney
• Position Before Submission: Protecting yourself with insurance
• Attitude: Planning for your retirement

Learning Jiu-Jitsu taught Scott Ford to face both personal and professional challenges head on--to anticipate problems, to be open to new ideas, and to seize opportunities. Now, in Financial Jiu-Jitsu, he teaches you how to use the guiding principles of finance to build a solid financial foundation that can then be leveraged to help you achieve your long-term financial goals, while building lasting wealth for you and your family.

You can't plan for everything life and the economy might throw at you. But after reading Financial Jiu-Jitsu, you'll be prepared for almost anything.