Review of Reconfigurement
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Review of Reconfigurement
In the current world that we live in, financial literacy is an intangible asset that proves critical in all aspects of our livelihood. Unfortunately, this crucial facet gets barely cultivated in learning institutions. Given that people have many needs that never end but only a limited amount of money, it is vital to know how to handle money and plan accordingly.
Reconfigurement by E. Alan Fleischauer provides priceless insights into financial management and financial planning. The author highlights that life expectancy has gradually increased, with the retirement age bracket thus rising. The increase in life expectancy hence necessitates the need to have practical measures for financial cushioning upon retirement. There is a need to have an early retirement plan to avoid the mishaps of boredom and brokenness upon retirement at the age of 65. The book also identifies the types of meaningful activities to participate in before and after retirement. The author uses career assessment to point out that even though most people do not like their current jobs, it is unwise to just quit without having a concrete plan. Reconfigurement advises that anyone can reconfigure their life at any age through planning.
I love the author's sense of humor. First of all, I must say that I am nowhere near the age of 40, so the mention of the book as a guide for financial planning might have seemed dull. However, the author's humor with light-hearted comments in the chapters made the book enjoyable. The book has a simple structure with short chapters. I love how he uses his experience in the financial arena to explain the evolution of the financial industry, give advice, and explain complex terms to readers. I found a statement that I could relate to, "How much money is enough?". My lecturer once asked the same question, and we all mentioned huge figures. The correct response was that no amount of money is ever enough. Reconfigurement reaffirms this notion, thus cementing the need for proper planning.
Another aspect I like about this book is the provision of various references for career assessments. The websites are a valuable incentive for readers to expound their knowledge of self-assessing their careers and making informed decisions. The author provided websites for part-time jobs, another incentive for readers to earn extra cash. The author also concludes the book by stating that people should have fun before they retire and not wait until they retire to do the things they enjoy doing.
There was nothing to dislike about this book. The author's straightforward style and abbreviated format in the chapters made the book a great read. The book has been edited exemplary, and I found no errors. I rate the book 4 out of 4 stars for the detailed information. E. Alan Fleischauer outdid himself by precisely passing the financial literacy message.
I recommend this book to people seeking to improve their knowledge of financial planning. The book will benefit young people starting their careers to manage their income better and have early retirement planning, as well as those advanced in age to reconfigure their lives. Anyone who deems their job unsatisfactory will gain a lot of insight on how to seek their unerring passion for what they love while reaping the benefits of their work.
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Reconfigurement
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