Erastus Muthura

Personal Financial Management Pillars

It is better to learn to manage your money than to let the lack of money manage you. The leading trigger to money-related issues is ignorance, which leads to conflict in business and social relationships. Money matters are rarely discussed in school or in the family set up, and as a result, there are numerous misleading myths on this topic. Most people tend to associate money with evil because they do not understand how it works. In the words of Zig Ziglar, money is not the most important thing in life, but it ranks reasonably close to oxygen.

The difference between those who succeed and those who fail on money matters is in the way they relate with money. The 7Ms of Money$hip will equip you with fundamental principles of how to relate with money. It takes you through seven pillars that shape the way you should deal with money by focusing on personal financial management from a behavioural angle.

This book uses practical illustrations to guide you on how to manage your relationship with money. It cuts across the timeless principles of money mentalities, budgeting, debt management, investing, money mistakes and risk mitigation, which are important in shaping your money manners. It is based on the day-to-day life experiences, and highlights what happens between your head, your hand, and your pocket, as far as money is concerned.

The content is easy to understand irrespective of your age, education level, profession, or financial status. The insights will build your knowledge and empower you to master your money with freedom. Investing in learning about money gives you the best return. As Warren Buff et rightly said, ‘If you don’t find a way to make money while you sleep, you will work until you die.’