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Book Review: 'The Ultimate Financial Plan: Balancing Your Money and Life'

Book Review Title: "The Ultimate Financial Plan: Balancing Your Money and Life" Author: Jim Stovall and Tim Maurer Publisher: Wiley, 2011; 257 pages; $27.95 Financial planning books are nearly as numerous as people who need them. Unfortunately, making a plan lies near the very start of the path to a prosperous life; adhering to it is possibly more essential to reaching the objective, but is also much more difficult to do. In "The Ultimate Financial Plan: Balancing Your Money and Life," authors Jim Stovall and Tim Maurer argue that failure to set or understand a larger, personal purpose behind our financial plans is the death knell for most of our future-oriented financial plans and actions. They propose that building such a purpose around the aim of balancing our personal values and vision with the influence money has in and on our lives is the solution, and sets us up for success at sticking to our financial programs. The book offers a mix of educ...