I have decided to give away some of the content of my new book “Accounting Practices Don’t Add Up” – why they don’t and what to do about it. The book will be available for purchase from my main site a few days time.
Here is an excerpt from chapter 5.
Chapter 5 – Put your own oxygen mask on first
No doubt you have been on an airplane and endured the mandatory safety briefing. Every safety briefing has the ‘oxygen mask’ discussion. On very flight I have ever been on they say (or infer) the same thing: ‘make sure you put your own oxygen mask on first before helping others’.
What they are saying is that if you are calm, relaxed and in control you can help others survive. The same applies to the Accounting business. If you (as the advisor) are healthy, fit, relaxed, in control, successful and wealthy then you can help others to be the same.
In this chapter I am going to explore what it means to be wealthy and what you need to do to look after yourself – first!
If you ask people about the definition of wealth most will say either: Lots of money, lots of free time, great health or enjoyable relationships.
Is it one of those or all of those?
Some people think being wealthy is just having a lot of money. Many people who have a lot of money do not have the free time to enjoy it and often they are overweight and unhealthy.
Others think that real wealth is having loads of free time. Unfortunately most people with a lot of free time do not have very much money – although they do have the time to be healthy and work on relationships.
Seeing this is an ‘opinion based book’ and it’s my opinion my definition of being wealthy is:
“To do what you want, when you want, with whom you want in a manner that you want”