The Life Cycle of Wealth

<p class=ql-align-justify>In the digital era wealth-building strategies money management techniques and how-to financial planning tips all compete for our attention. Instead of trying to navigate the nuances of personal finance based upon the latest planning tactic or intriguing message take a step back.</p><p class=ql-align-justify></p><p class=ql-align-justify>Recognize that success in life requires excellent decision-making which includes two ingredients: knowledge and wisdom. Having knowledge means having information needed to make decisions. Having wisdom refers to the viewpoint from which decisions are made.</p><p class=ql-align-justify></p><p class=ql-align-justify>With respect to personal finance <em>The Life Cycle of Wealth</em>™ does provide some important technical insights though it primarily provides wisdom needed for excellent decision-making. Financial independence happens when a family's balance sheet is stable enough to provide for at least the current generation. </p><p class=ql-align-justify></p><p class=ql-align-justify>Further this independence means that cash flow is positive or neutral - even if a major source of that income is the balance sheet. For those who have attained financial independence this text offers you important insights into the challenge of providing for future generations. </p><p class=ql-align-justify></p><p class=ql-align-justify>For those still in pursuit of independence <em>The Life Cycle of Wealth</em>™ provides a clear view of the road ahead a concrete approach to managing risk and an overview of the financial professional(s) available to guide you. For all concerned <em>The Life Cycle of Wealth</em>™ delivers a holistic view of personal finance and a method for developing a long-term strategy to fund your purpose for life.</p>