The Seven Habits of Financially Astute People

Family CFO embraces – and encourages clients to acquire – a financial planning philosophy that was stated in part by George S. Clason, author of The Richest Man in Babylon. In the chapter "Seven Cures for a Lean Purse," Clason describes the seven habits of financially astute people:

  1. Start thy purse to fattening. (Keep at least a tenth of your earnings for yourself.)
  2. Control thy expenditures. (Stick to a budget.)
  3. Make thy gold multiply. (Invest wisely.)
  4. Guard thy treasures from loss by consulting with “wise men.” (Hire thee a CERTIFIED FINANCIAL PLANNER™ professional!)
  5. Make of thy dwelling a profitable investment. (Own your own home.)
  6. Insure a future income. (Get your life insurance and pension arrangements in order.)
  7. Increase thy ability to earn. (Continually improve your job skills to bolster your value in the marketplace.)

Family CFO is happy to assist you with not only acquiring but also nurturing these seven habits.