Jill Schlesinger: ‘The Great Money Reset’
The COVID-19 pandemic was an unprecedented event that affected everyone worldwide. It forced people to face their priorities, their dreams, and their fears, and rethink their financial and career choices. As a result, many people decided to make significant changes in their lives and their approach to money management.
In her latest book, The Great Money Reset, financial expert Jill Schlesinger explores the impact of the pandemic on personal finances and offers a guide for people who want to change their work, their wealth, and their life. Schlesinger argues that the pandemic was a catalyst for a financial reset, a time to reexamine our values, and make positive changes for personal growth and prosperity.
Let’s take a closer look at some of the key themes in The Great Money Reset and what they mean for people who want to manage their finances more effectively.
Making Changes and Mindful Spending
One of the most crucial aspects of the money reset is making mindful choices about spending and saving. Schlesinger suggests that people should assess their financial situation and prioritize their spending based on their values and goals. Instead of mindlessly spending on things that don’t matter, people should focus on what makes them happy and fulfilled.
Moreover, Schlesinger recommends taking a holistic approach to money management, which considers lifestyle, career, and financial goals as interconnected parts of a broader plan. By understanding the trade-offs and sacrifices needed to achieve your goals, you can find a balance that works for you in the long run.
Negotiating in the Workplace
Another critical topic in The Great Money Reset is the art of negotiation. Schlesinger offers practical advice on how to negotiate with your boss, ask for a raise, or navigate a job change. She argues that negotiation is not just about money; it’s about understanding your worth, communicating your needs, and building positive relationships.
With the growing trend of The Great Resignation, where workers are quitting their jobs in droves, negotiation skills have become more crucial than ever. By mastering the art of negotiation, you can position yourself for success, build your confidence, and advance your career.
Current Environment
Schlesinger also provides insights into the current economic and investment environment and offers strategies for managing financial risks and opportunities. From preventing investor panic and assessing financial health to understanding bank failures and market volatility, she covers a wide range of topics relevant to today’s investors.
The key takeaway from Schlesinger’s analysis is that financial success requires a long-term perspective, a diversified portfolio, and a disciplined approach to investing. By avoiding common mistakes, like chasing hot stocks or timing the market, investors can build wealth over time and achieve their financial goals.
Related Facts
If you want to learn more about The Great Money Reset and Jill Schlesinger’s advice on mindful spending, negotiation, and investing, check out some of her other resources:
– The Dumb Things Smart People Do With Their Money: Thirteen Ways to Right Your Financial Wrongs – Schlesinger’s first book, which offers practical tips for avoiding financial mistakes and building wealth.
– Jill On Money – A weekly podcast where Schlesinger discusses personal finance, investing, and career strategies with experts and listeners.
– Jill on Money column – A nationally syndicated column that appears in newspapers and media outlets across the country.
Key Takeaway
The Great Money Reset is a timely and thought-provoking guide for anyone who wants to take control of their finances and their life. Schlesinger’s advice on mindful spending, negotiation, and investing is grounded in years of experience as a financial planner and analyst, and her insights are valuable for anyone looking to achieve financial success and security.
Conclusion
The COVID-19 pandemic was a wake-up call for many people who realized that they needed to make significant changes in their lives and their finances. Jill Schlesinger’s The Great Money Reset offers a roadmap for navigating these changes, with practical advice on mindful spending, negotiation, and investing. By following Schlesinger’s advice and taking a long-term perspective, anyone can achieve financial success and a fulfilling life.
