Showing posts with label Book Review. Show all posts
Showing posts with label Book Review. Show all posts

Thursday, January 9, 2014

Struggling financially? Read 'The Wealthy Barber Returns'

I'm 47 years old, and if you're around my age or older you've probably heard of or read David Chilton's book 'The Wealthy Barber'.  I'm certain that Mr. Chilton is at least partly responsible for the boon in mutual fund investing that occurred during the nineties and early into this century.  "The Wealthy Barber" (TWB) was written in 1989 and it was a monster success selling somewhere around two million copies.

But TWB was written in a different era, before the internet, before TFSAs, before the great financial crisis and before Canadians went from a nation of savers to a country that has gorged itself on debt.  

The author's first book harped on the theme of 'pay yourself first', taking roughly 10% of your income and putting it toward long term saving.  He extolled the virtues of dollar cost averaging, buying equity investments with a fixed amount on a regular basis so as to even out the ups and downs that come with the equity markets.  Dollar cost averaging means buying more when prices correct and less when valuations soar.  

Over the long haul (20 years or more) equity markets have outperformed just about every other investment vehicle; savings accounts, government bonds etc, but its not a ride that goes straight up, there are many bumps along the way.

The Wealthy Barber Returns is true to the original in this sense, the need for long term retirement saving, but David Chilton bemoans the fact that Canada has become a nation of spendthrifts.

The original book centred around a rich barber who dispensed financial wisdom to his customers in a narrative form.  The author has abandoned that device in this book however, and speaks directly to the reader, and its a wise choice.  Too many people are struggling and need to be spoken to directly, not via a kindly older gentleman cutting hair.  Our problems typically boil down to hedonistic desires trumping simple common sense.  'The Wealthy Barber Returns' has one key theme that is obvious and simple.  

You can't spend more than you earn.  

If you think saving is impossible, read the book.  If you're convinced you can't spare a single dime to put toward an RRSP, RESP or TFSA, read the book.  If you don't understand what those acronyms even mean, definitely READ THE BOOK.  

I'm lucky, I didn't even have to buy the book.  In fact I have two copies, one in English the other in French. My financial institution was giving them away, and living in Québec they only had French copies the first time I saw it available, so I struggled through.  On a later visit they gave me the English version.

Mr. Chilton, if you ever chance to read this, votre français c'est excellent.  


Tuesday, November 13, 2012

Beyond The Power of Your Subconscious Mind - Book Review

Before undertaking to read and review C. James Jensen's book, 'Beyond The Power of Your Subconscious Mind', I had already read many books of a similar nature, titles like 'The Magic of Believing' and 'The Secret'.

I had already formed the opinion that people are very much like ice bergs, that what we perceive as our potential is but a fraction of the power that lies below the service.  In human beings that potential rests within the subconscious, and whether its used actively or passively, its power is immense.

We're all using it every day.  Sometimes we use it actively by imprinting a message of health, wealth, happiness and prosperity. More often though we use it negatively by letting ingrained and programmed feelings of doubt limit and keep us from achieving our true potential.

Mr. Jensen has updated a 50 year old book by Dr. Joseph Murphy: The Power of Your Subconscious Mind.  Obviously the world has changed a lot in the past half century, but the message of the original book and the updated version by Mr. Jensen represent what I consider to be universal truths.  This new book however brings new light on the subject and includes information that was not yet available to the original author.  

Fifty years ago we didn't yet have the ability to measure things like the frequency of human brain activity, now we do.  Not only that but we can measure and quantify at which times our brains are most receptive to receiving messages, messages that can overwrite all the negative programming that was ingrained in us at an early age.

- What's wrong with you?
- You never do anything right!
- All good things must come to an end.

Parents unknowingly are handicapping their children every time they repeat negative bromides like these.  We all know people who have achieved more than others despite a seeming inferiority.  I'm sure everyone knows of at least one person who has overcome obstacles to achieve success.  Obstacles can come in many forms, maybe a lack of education or the absence of financial resources.

Why do some people succeed despite lacking in areas such as finances and education, while others who have all the advantages still fail?  

I put it down to one thing, belief.  But for belief to truly work it has to have taken root and flourished, not just the conscious mind, but in the subconscious mind first and foremost.

C. James Jensen's book will help those dedicated to tapping the hidden power deep within themselves.  This is one of those books you will likely want to go back to time and again.  Old habits die hard, and old personalities die even harder.  By using and applying the teachings of 'Beyond the Power of Your Subconscious Mind' over and over again I truly believe that anyone can make a marked change in any and all aspects of their lives.  

Full disclosure as always, I received zero compensation for the writing of this review.

To order a copy of this book you can visit: Amazon.

Friday, September 28, 2012

Leading or aspiring to lead? Invest in 'The Power of Communication' - (Book Review)

Author Helio Fred Garcia, Executive Director of Logos Institute for Crisis Management and Executive Leadership has written an important book for individuals who are in positions of leadership, and for those aspiring to leadership roles.  

This excellent work has already received some pretty hefty endorsements and positive reviews from business leaders and luminaries such as: Jeffrey Bleustein - Retired Chairman and CEO, Harley Davidson Inc and Amy C. Edmondson - Novartis Professor of Leadership and Management, Harvard Business School...among numerous others.  

I hardly think the opinion of Canadian Soapbox warrants comparison, but regardless I am more than pleased to suggest that reading this book will provide those committed to improving their leadership skills with invaluable tools and insight.  

There are many books that can help seekers of success: The 7 Habits of Successful Highly Effective People, The One Minute Manager, How to Win Friends and Influence People, The Art of War.  That's just a few titles and there are many more.  

Helio Fred Garcia's 'The Power of Communication - Skills to Build Trust, Inspire Loyalty, and Lead Effectively' belongs on the same shelf for those looking to hone their leadership skills.

Mr. Garcia uses examples from politics, business, entertainment and the military to illustrate how leaders in today's world require not just effective, but outstanding communication skills if they're to succeed at winning the hearts and minds of stake holders in our hyper connected world.  Using the USMC's publication 'Warfighting' as his template, the author applies the Marine Corp's philosophies on military engagement to teach readers how to prevail in situations where leadership and communication are key.  

Effective communication has always been important, but in today's digital age with so many tools and avenues available it is beyond essential.  This book provides more than just insight, readers are given practical tools and checklists to assist them in their quest for improvement.  

It doesn't mater whether you're the CEO of a multinational corporation, the manager of a small sales force, or even coaching a sports team.  Effective leadership requires effective communication skills.  You can have all the know how and expertise in the world, but if you can't get buy in from individual stake holders, then you're operating with a serious handicap.  

The best athletes practice their craft constantly, those interested in being the best possible leaders need to do the same. Reading and applying the lessons in The Power of Communication will provide serious aspirants with invaluable tools to help them excel at communicating and ultimately leading.

Full disclosure as always.  I received zero compensation for the writing of this review, only a copy of the book which I intend to revisit again and again.  

If you'd like to purchase the book you can visit this link:

http://www.amazon.com/gp/product/013288884X/ref=s9_simh_gw_p14_d18_g14_i1?pf_rd_m=ATVPDKIKX0DER&pf_rd_s=center-2&pf_rd_r=1QWJVQH4X7WGZTZ30K09&pf_rd_t=101&pf_rd_p=470938631&pf_rd_i=507846


Tuesday, September 18, 2012

Rising from the ashes - Don't let life's setbacks define you

This dusty little corner of cyberspace attracts its fair share of email. I get all manner of messages suggesting topics to write on, causes wanting some promotion and books looking for reviews. I read every message in my inbox, and though I usually ignore them, I have reviewed one book.

A recent email asked me to review a book that isn't yet published. Jan Reuter and Dr. William Borgen are writing a book called 'Recession Proof Your Career'. Their PR firm contacted Canadian Soapbox asking for assistance in finding success stories to be featured in the book.

"It only takes one person's story to change someone's outlook and positively impact their financial future". 

That's one line from the email I received, and I agree with it. It's called a testimonial, I've seen it used many times and I've seen it make a positive impact on people's lives.  Hearing or reading a story about someone's experience in overcoming adversity can help another person going through a hard time.

There are all kinds of motivational speakers and writers out there, and suffice to say I know I'm not one. But regardless I am going to give it a try. I don't expect my story to become fodder for a feature film, nothing like The Pursuit of Happiness or anything like that. Still, I have overcome some challenges in my life, and sharing my story might have an impact with others facing similar difficulties.

I've come to realize that a lot of life is about momentum.

Have you ever created a whirlpool in a swimming pool? You start going around and around in a circle, trudging through the water, labouring to create a current. At first you find it difficult, your legs and arms pumping to move forward through viscous water. But after a short time it starts getting easier, the water forms the desired current and instead of trudging, your steps become easier as the water almost carries you along. 

Life can be like that a lot of the time. We create a current around ourselves and we go with the flow. If the movement is positive, we float along happily, employing a little extra effort when we want things to move faster, gliding along when we need a break. Sometimes though, life pushes the water in the other direction, and we find ourselves fighting the current.  If it gets too hard, we can find ourselves slipping backwards. And when someone is unable to find the energy, strength or motivation to alter the current, they can get turned around and lives start to unravel. 

That's what happened to me the year I turned forty. I was married, with two kids and had a promising new career. I wouldn't say the current in my positive little whirlpool was tidal, but it was comfortable. Sadly the current changed, and for a long time I found myself being pushed in the opposite direction. 

They say the three most stressful experiences in life are divorce, death and job loss. I was hit with all three in the span of about one year. Divorce tops the list of life's stressing events because in many ways its like a death. What makes it all the more stressing is that the funeral never ends. I won't go into detail except to say I had to deal with betrayal, not just once but twice. I was betrayed both by my ex wife and by someone I thought was a friend. 

The death that followed was that of my mother. The woman who bore me, who guided and taught me was gone. A wonderful lady who held my hand when she walked me to school, and taught me so much.

A few months after that, my promising new career was at an end as well. I was working on strict commission as a consultant in the area of personal finance and wasn't earning anything. My own finances were a mess.  Its hard to inspire confidence in potential clients when you're living on credit. 

Fast forward a couple of years and I was working the midnight shift for the LCBO as a shipping receiving clerk through a temporary employment agency. 

After the divorce I wanted to continue picking up my children every day from school as I'd done before the break up. Working midnights enabled me to do that. And thanks to the fact that I was living with my widowed father, they each had their own room on my weeknds. 

I was struggling along in my little pool of life, but the current was working against me, and I couldn't get it moving in a positive direction. I'd worked several menial jobs for about two years.  I was a general labourer, a janitor and I unloaded trailers in a warehouse.  I was taking any graveyard shift job I could find, so that I could continue seeing my kids during the week. 

Slowly I came to realize that the path I was on, or better yet, the river I was sailing, that it was emptying into a body of water that was nothing but a dead and stagnant lake. In another ten years I would likely be bankrupt, and I couldn't see my kids respecting their father. 

I had to make a change. I had to make some decisions.

Making a decision is an important step. If you're going on a vacation you first have to decide on a destination. Until that decision is made its pointless worrying about the mode of transport or what you're going to pack. If you're only going a short distance you might drive, or maybe you'll take a bus or a train. If the destination is hundreds or thousands of miles away you'll probably fly. What you pack is determined by the weather at your destination. 

My destination was a place of increased financial security, and it was a place where my children would be proud of their father.   I decided to look into the Canadian Forces.  

When I was around the age of eleven my room looked like an armed forces advertisement.  The local mall in Beaverton Oregon (I spent a lot of my younger years growing up in the U.S.) had recruitment centres for the U.S. army, navy and air force.  My friends and I would visit and collect old posters, decals and other stuff to put up in our rooms.  

Perhaps that's what made me consider the military, I honestly don't know where the idea originated, maybe from my subconscious.  It was certainly something out of the ordinary for a then forty two year old to be considering.  

I won't go into heavy detail, but it was a difficult transition, both physically and mentally.  Some friends and family were supportive while others questioned my sanity. My sister said that they wouldn't take me, and that even if they did, I'd never be able to pass basic training.  She was wrong on both counts.

Its now two and half years down the line and the water in my pool is moving forward again.  I have a nice apartment near the base here in Québec where I'm living with my financé.  We will be married soon.  

I wouldn't say my life is perfect, but I am certainly in a a much better place now than where I was.  And definitely better than where I was heading if I hadn't changed course.  

Obviously I don't see my children as often as I used to.  But I talk to big brother Basketball Star and the Princess Raspberry almost every day.  They spent two weeks here having a fabulous vacation. And whenever I am able I travel to the GTA on weekends and spend time with them.  This past weekend I hosted Raspberry's eighth birthday at my father's house.

But the bottom line here with my story is that I had started to let a tragic event, divorce, define my life.  I was Gordie, the guy who had gotten divorced.  Well, I've changed that narrative and now I'm Gordie, the guy who joined the military in his forties and who is getting married soon.  

Don't let events define who you are, take the action necessary to write a positive and affirming autobiography.  

The comment section is open if you want to share an inspiring story, or if you're seeking inspiration from others.  If you want to send something to the authors of 'Recession Proof Your Career' you can visit the website: www.rpycareer.com



Monday, August 22, 2011

Book Review "Broken Words" Understanding the grip Neo-Cons have on evangelicals

As the author of a blog I get occasional emails asking me to review a book or promote a particular cause.  In most cases I decline, and I've never agreed to review a book before...until now.

The book I was asked to review is entitled 'Broken Words' its subtitled 'The Abuse of Science and Faith In American Politics'   and is written by Jonathan Dudley.  I quickly agreed because this is a topic I find extremely compelling, and equally vexing.  I was raised with the Christian faith, and I still consider myself an adherent, so it is with some consternation that I witness the strong level of support the U.S Republican party and Canada's Conservatives garner from people who identify themselves as Christian. 

My Christianity is about tolerance, forgiveness and helping those in need...and these are not the values I see on the right hand side of the political landscape, be it in Canada or the U.S.  

I'll dispense with traditional form and give you my recommendation up front.  I consider this an important work and very much worth reading for those interested in understanding the dichotomy between American style evangelicals and the neo-conservative right wing element of the political spectrum. 

Before reading a book as contentious as this its important to understand an author's frame of reference and his bona fides.  Mr. Dudley takes on what he calls 'The Big Four' issues:  Abortion, Homosexuality, Evolution and Environmentalism from the perspective of a person raised in the fundamentalist, evangelical Christian tradition.  Along with that perspective he brings a BS in biology from Calvin College and a MA in religion from Yale University.   

The author doesn't attack these issues, he dissects them while carefully avoiding the usual venom and hyperbole which typically dominates the debate on these issues.  With respect to abortion he often references Exodus 21 v 21-25 wherein it clearly states that a pregnant woman's life is more valuable and superior to that of an unborn child or fetus.  While many of the religious right engage in arguments that are nothing short of literary contortion in efforts to support their 'abortion is murder' view, Dudley will have none of it.  If you're going to take the Bible literally you can't pick and choose only the parts that support your agenda.

And that is his springborad to the other big issues.  Its fascinating reading to see how these issues (the other three are homosexuality, evolution and environmentalism) have been used to wed the fundamentalist/evangelical Christian community to the GOP in the United States...and as a Canadian I see distinct similarities with our Conservative Party. 

If you're looking to order this book its available on amazon.ca - LINK -

Whether you're a born again Christian looking for answers to these questions or someone like myself interested in better understanding the dynamic between Christians and Neo-Cons, then this rates as a must read in my opinion. 

FYI full disclosure.  I received zero compensation for this review aside from the book itself and I am not associated with amazon.  If you order the book here or elsewhere it doesn't matter to me one way or another. 


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