Trova il tuo prossimo libro preferito

Abbonati oggi e leggi gratis per 30 giorni
The Six-Day Financial Makeover: Transform Your Financial Life in Less Than a Week!

The Six-Day Financial Makeover: Transform Your Financial Life in Less Than a Week!

Leggi anteprima

The Six-Day Financial Makeover: Transform Your Financial Life in Less Than a Week!

4/5 (1 valutazione)
423 pagine
5 ore
Oct 3, 2006


In six short days you can and will experience a total financial transformation! There are truckloads of investing and personal finance books available. What makes this one different? You'll learn how to develop a compelling financial vision for your life, quickly put your savings on autopilot, maximize your success by investing with a purpose, survive when disasters strike, and protect your loved ones in a way that's simple, effective, and fun.

This isn't just another personal finance book—one that rehashes the same tired financial rules of thumb and glib investment advice. Financial Motivator Robert Pagliarini provides specific guidance that cuts through the "financial fog"—complex jargon and wishy-washy advice—that makes it hard for people to understand and implement positive financial changes in their lives.

More than a book, The Six-Day Financial Makeover will not only show you exactly what you need to do to radically improve your finances, but it will also help you easily implement the advice . . . in just six days!

Oct 3, 2006

Informazioni sull'autore

Robert Pagliarini is a Certified Financial Planner™ with a master's degree in financial services. He is the president of Pacifica Wealth Advisors, a boutique wealth management firm recently ranked one of the top in the nation, and the author of the The Six-Day Financial Makeover, The Other 8 Hours and the ebook, Plan Z: How to Survive the 2009 Financial Crisis (and even live a little better). Robert has appeared as a financial expert on 20/20, Good Morning America, Dr. Phil, ABC Morning News, NPR’s Marketplace and in The Wall Street Journal, Newsweek, BusinessWeek, Money Magazine and many others. Robert lives with his wife and daughter in Orange County, California. On most Sundays you’ll find them at Saddleback Church, and occasionally at Disneyland. 

Correlato a The Six-Day Financial Makeover

Libri correlati
Articoli correlati

Anteprima del libro

The Six-Day Financial Makeover - Robert Pagliarini



Thank you for buying this book. I am thrilled to be your guide through your financial transformation. Regardless of who you are and however confused or frustrated you may be with your finances, don’t worry. Help is on the way!

Through this journey, I promise you these five things:

1. You will learn new and powerful financial strategies. The world doesn’t need another personal finance book rehashing the same old tips and rules of thumb. This book contains brand-new strategies that will revolutionize the way you think about money and how you invest.

2. You will implement the advice you read. This is a personal finance book, not a novel! If you read it but don’t implement any of the strategies, I have failed. To experience a true financial makeover, you must take what you read and apply it in your life. I’m going to do everything I can to make implementing the advice easy for you. The book’s patent-pending website, www.SixDayFinancialMake, is unlike any other. It was designed to do one thing— help you implement the advice you read in this book. It will track your progress and remind you of exactly what you need to do. If you use the website, you will absolutely implement the advice you read.

3. You will understand what you’re reading. These chapters are filled with action-based financial advice that cuts through ‘financial fog"— the complex jargon and wishy-washy advice that can make it hard for the average person to understand and improve his or her finances.

4. You won’t feel overwhelmed. Transforming your financial life in less than a week is a tall order, but it won’t feel like a lot of work. Everything is presented in bite-sized pieces. One step, one chapter, and one day at a time.

5. You won’t feel guilty about your past financial decisions. Nobody’s perfect. I’m the financial ‘expert," but I’ve made questionable financial decisions, too. Your current financial situation or what you’ve done in the past doesn’t matter. The focus of your financial makeover is on transforming your financial life ... beginning today!

Here’s all I ask from you ... read the book, follow the Action Steps, and use the free website. That’s it. If you do, you will experience a financial makeover, and you will transform your financial life!

Robert Pagliarini

P.S. One more thing. I want to hear your success stories. Go to www.SixDay and share what you’ve been able to accomplish and how your financial life has been transformed.

The Six-Day Financial Makeover




Do You Need a Financial Makeover?

Do you want more from life? Are you working harder and putting in longer hours but don’t feel financially secure or satisfied with your progress? Many of us are making more money but we still don’t feel that we’ve made it What do you think about when you’re alone? When the phones aren’t ringing and the television is off, what occupies your thoughts? What questions or concerns do you have just before falling asleep at night? In those quiet moments when you are able to reflect, are you satisfied with your financial situation or do you yearn for more?

Regardless of your present situation, you can achieve the life you’ve always dreamed of. It doesn’t matter who you are or where you live. It doesn’t matter if you had a privileged childhood of abundance or one of hardship and scarcity. With this book, you can improve your life and chart your own destiny in six short days.

This chapter is your wake-up call. Do you feel that you are maximizing your potential? Do you feel that you are living the life that you’ve always wanted? If you are financially frustrated, insecure, or just plain scared, you can feel financially secure and realize all of your dreams with a financial makeover.

If you answered any of these questions TRUE, you should read this chapter.

What Is a Financial Makeover?

Maybe you’re not sure what to expect from a financial makeover. That’s fair. It’s good to be a little skeptical. If you’re familiar with fashion makeover, you know the successful ones don’t stop with a facial or a new wardrobe. Successful makeovers require a total transformation—from head to toe and inside and out. Likewise, your financial makeover won’t stop with just a budget or an investment plan. Your financial transformation will include all of the critical areas of your financial life—creating a spending and savings plan, protecting assets, investing wisely, risk management, insurance, estate planning, and much, much more.

Over the next six days, your financial makeover will strip away everything that is not working—maybe you’re spending too much, sabotaging your own success, taking too much risk, not investing wisely, or leaving yourself and your loved ones financially exposed—and replace it with a solid foundation from which you can immediately start to see success and feel a sense of confidence. Your financial makeover will also maximize what you’re already doing well. If you have powerful and inspiring goals, are saving diligently, and investing well, your Six-Day Financial Makeover will help you maximize and optimize your strengths.

I will walk with you, step by step, throughout the six-day transformation. Together we will turn the complexities of budgeting, investing, insurance, and estate planning into something understandable and practical. We’re going to take the ‘pie-in-the-sky" theories and turn them into bite-sized pieces that you can implement in your life immediately.

Do You Need a Financial Makeover?

Maybe you’re not convinced you need a financial makeover. Are you nervous, frustrated, unsure, concerned, or just plain scared of your financial situation? Are you tired of feeling sick every time you think about investing, retirement planning, life insurance, estate planning, and paying the bills? What if I said you don’t have to feel that way anymore? No, you won’t get rich or magically accomplish all of your goals in six days, but The Six-Day Financial Makeover will help you feel better and more confident about your financial situation and provide practical steps that are easy to understand and will make a dramatic and immediate impact on your life. If you’re still not convinced you need a financial makeover, take the short quiz below or online at to quickly determine how well you’re really doing.

Financial Satisfaction Quiz

Scoring the Financial Satisfaction Quiz

Add your scores to see how you’ve done:

Score 12-34=Overall, you’re not satisfied with your current financial situation. By completing the Six-Day Financial Makeover, you will see the greatest improvement. At the end of the six days, you will feel more confident and secure—you will experience a financial transformation!

Score 35-47=You’re doing some things right, but there is a lot more you can do. Maybe you’ve got a great handle on investing but are neglecting other areas of your financial life. Whatever the case, there is significant room for improvement. You can and will feel energized and on top of your financial situation at the end of your financial makeover!

Score 48-60=You’re doing a lot of things right. You’ve got a good handle on many aspects of your financial situation. Now it’s a matter of optimizing what you’re already doing well and making sure you’ve covered all of the bases.

Take the quiz online at if you haven’t done so already.

The Importance of Financial Independence

Financial independence is a phrase that gets tossed around too often and usually without any understanding of what it really means—often by salespeople on late-night infomercials hocking ‘get rich quick" real estate schemes, home-based businesses, or investment trading programs. My goal is to take the mystery out of financial independence and to show you exactly what it is and what it provides and to explain what financial independence is not. Financial independence should be your primary financial goal, and here’s why.

At the root of financial independence is the freedom to choose. The ability to choose between several options puts you in control of your finances and your life. It allows you to shape your life rather than being at the mercy of someone else’s vision of your future. It takes you out of life’s passenger seat and puts you behind the wheel. Suddenly you can choose the kind of work that stimulates and inspires you without worrying about how much money you will earn. It also allows you to pursue your hobbies without regard to their cost or time commitment. For many, financial independence allows them to volunteer their time and money to worthy causes.

Financial independence also provides security. How would you feel if you could live the lifestyle of your dreams without worrying about being downsized, having to work two jobs, or sacrificing time with your family? When you become financially independent, your sense of security comes from having control over your life and your future. Without financial independence, your life is dictated by someone else—usually your employer. Your security is in the hands and at the whim of an organization or an individual with their own best interests at heart—not yours.

What Is Financial Independence?

Financial independence means different things to different people. To some, it means being able to pay the bills. For others, it means being able to eat out every night. Yet for some, it means being able to have three vacation homes and a yacht. I define financial independence as being able to support the lifestyle you desire without having to work.

There are two important pieces to this definition. First, you need to differentiate the lifestyle you desire from your current lifestyle. This is a signficant distinction. Too often, we reduce our lifestyle to fit within our means.¹ Financial independence is not about limiting or reducing your lifestyle, but about living the life you want and having the means to support it.

Don’t Let This Happen to You

Josh grew up with his three sisters and one brother in a home that barely had enough resources to support two children, let alone five. There was never quite enough to go around. The family never took vacations or had enough for the ‘extras" other families could afford. Josh used his childhood experience to fuel his growing ambition. He vowed that he would never go without again and that his family would have everything they wanted. He didn’t want his kids to suffer the ridicule he experienced growing up.

Josh’s ambition and drive helped him climb the corporate ladder. When the new line of BMWs came out, he upgraded. His twenty-five-foot boat was replaced with a larger, faster version when his golfing buddy purchased a better one. From the outside, it appeared that Josh and his family had it all—a large house, two luxury cars, an expensive boat, plus they frequently took cruises and family vacations.

On the inside, it was a much darker picture. Josh was borrowing against his future to support the extravagant lifestyle he chose to live today. He racked up credit card debt and borrowed against his home. His monthly expenses greatly exceeded his income. Even with a big promotion and year-end bonus, he couldn’t continue at this pace. When creditors began calling him at his office, he knew his choices were limited.

The bankruptcy was hard on his family and placed stress on his seven-year marriage. His wife was not upset that they lost nearly everything, but she was horrified that Josh—who managed all of their finances—could have let it get so out of control.

Second, financial independence means you don’t need to work to support your lifestyle. This just means that the income generated by your assets can fully support your expenses.

Income from labor is earned income. It requires your participation, effort, and energy. If you decide to take a year off, your earned income ceases. Earned income is how most of us receive money. Our alarm clock wakes us in the morning, we have our cup of coffee, we take a shower and get dressed, and we drive to work. We put in our day and drive home. Every couple of weeks, we get a paycheck. This is the earned income cycle.

Earned income is an exchange of time for money. Through education and experience, we can increase the value of our time and be compensated accordingly. Even high-powered attorneys or surgeons who make hundreds or thousands of dollars an hour still exchange their time for a paycheck. The minute they stop this exchange, they stop earning income. Financial independence breaks this cycle. It replaces earned income with passive income. Passive income includes the following sources of income²:

• Investment income (e.g., dividends, interest, capital gains)

• Rental real estate income

• Royalties

• Licenses

• Partnership and business income (if you don’t have to work or manage anything to receive it)

• Social Security and pension income

Passive income is the Holy Grail of personal finance. Why? You don’t have to trade your time for it. Passive income gives you the freedom to do what you want. Earned income is a chain that restricts what you can do and when you can do it. Passive income liberates us from nine-to-five jobs and two-week vacation limitations.

Contrary to its name, accumulating passive income is not a passive endeavor! Accumulating the assets to generate passive income requires skill, education, and diligence. You can’t expect to sit back and have massive amounts of passive income deposited into your bank account every month. Generating passive income from dividends and interest requires you to select and to monitor the appropriate investments. Rental income requires purchasing and maintaining commercial or residential real estate. Royalties and licenses require the development and sale of a product. Partnership and business passive income, like investments, requires the careful selection of investments and monitoring them diligently.

There are two important advantages to passive income. First, passive income doesn’t take as much effort to maintain. To earn a salary, you typically have to put in forty or more hours of work a week. Maintaining the same amount of passive income takes a fraction of the time.

Second, you can outsource what little time it takes to maintain passive income to somebody else. You can hire a financial advisor to select and monitor your investments, an accountant to monitor your royalty and license fees, and a property management company to collect rent and fill vacancies. This is an advantage that just doesn’t exist with earned income. Can you imagine hiring a temp to take your place at work?

Financial independence does not mean that you can’t work; it simply gives you the option of working. Most of us want to continue working—our contribution to the world provides a sense of accomplishment and esteem.

Are You Financially Independent?

Now that you know what financial independence is and why it is important, it is just as important to understand what it is not. Financial independence is not about being ‘rich." To be rich, you only need to have a lot of money. This definition ignores a critical part of the equation—expenses.

Financial Independence Versus Retirement

Financial independence is about having enough investments so you don’t have to work another day in your life. Basically, it gives you the option of retiring early. Retirement, on the other hand, usually is what happens after working for more than forty years. In a recent survey by the Vanguard Center for Retirement Research, two-thirds of respondents admitted that they were not saving enough for retirement.³ Retirement doesn’t guarantee financial security, but financial independence

Hai raggiunto la fine di questa anteprima. Registrati per continuare a leggere!
Pagina 1 di 1


Cosa pensano gli utenti di The Six-Day Financial Makeover

1 valutazioni / 0 Recensioni
Cosa ne pensi?
Valutazione: 0 su 5 stelle

Recensioni dei lettori