I hope thousands of people read this book. “Wealthfulness: Simple Steps to Financial Health and Happiness” is a down payment on what we all need to sort out about the money part of our lives. While most financial planners bury their clients in graphs, numbers and fin-tech gibberish, Lance Alston has provided readers with an easily understood map of what a Buddhist might call “Right Money.”
It couldn’t come at a better time.
No, you won’t find “the number” here. You won’t find that personal money figure that will provide you with lifetime financial security. Nor will you learn the exact moment to buy this or sell that. Leave that for the technicians and gurus who make their livings by predicting the unknowable future. Instead, you’ll learn the best way to invest (low-cost index funds). Then, having liberated countless hours of fruitless angst, you will learn how to use your new freedom to focus on a happy and fulfilling life. All in 132 pages.
Scott Burns, Nationally Syndicated Financial Columnist
The idea of financial health embodied in the concept of Wealthfulness got me pretty excited. But what completely sold me on the idea is the fact that Wealthfulness is evidence-based. It’s not wrapped up in a lot of marketing speak or get-rich-quick illusions. Instead it takes the actual financial research, much of it conducted by Nobel Prize winners, and shows how that knowledge applies in real life. In medicine, there are a lot of charlatans selling snake oil with the help of the World Wide Web. The financial industry faces that same problem with “advisors” selling products that are based in fantasy and not research. Lance Alston takes a bold step with Wealthfulness, pitting research and data against the prevailing bad behavior of Wall Street. I wish everyone would read this and use it as a prescription for long-lasting financial health and happiness.
Amy Rogers, MD, Writer and Host of 2 Docs Talk Podcast