Monday, July 26, 2021

Book Nook: Financial Planning Revolutionized - Money Doesn't Exist Until You Spend It

  James LaHam recently released "Financial Planning Revolutionized: Money Doesn’t Exist Until You Spend It," an entertaining and insightful personal finance guide for the contemporary adult interested in saving for retirement while satisfying a modest epicurean appetite. As a CPA and financial consultant, LaHam seeks to transform the mindset surrounding financial planning and demonstrate that preparing for the future does not have to be daunting nor does it require depriving oneself of enjoyment.

I had a chance to review the book. The author has a balanced philosophy - live for today but bet on tomorrow. His advice manages to both encourage readers to make the most of daily living while also working towards having a nest egg in retirement. He touches on a variety of topics that are suitable for readers of all ages - mortgage, social security, investing, and funding college.

I found the writing style easy to read, and the whole book was very matter-of-fact in its explanations. It seemed realistic and doable, and although a lot of what was in the book was information I'm already aware of, I haven't always seen it all gathered in one place. If you're looking for a resource that will help you plan for the future without making huge sacrifices today, this book can definitely help. Even if you find yourself on a more extreme end of the income spectrium, this book likely still has some information from which you can benefit.

About the author
James LaHam is the senior tax and financial consultant of Berman Hopkins Wright & LaHam CPAs, the largest independently owned CPA firm in Central Florida. He was also managing partner for 15 years. His previous experience includes vice president of taxation at American Pioneer Orlando, senior tax manager at Deloitte, partner at Braun Preboske, LaHam & Brettingen in Antigo, WI, corporate accountant at 3M Company and staff accountant at KPMG. He is an expert in taxation and financial consulting, and is a frequent writer, speaker and trainer on various tax and financial topics. He graduated from Loyola University in 1973 and was valedictorian of the School of Business. To learn more about LaHam and his work, please visit jameslaham.com.

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