I appreciated Houman’s direct approach to dealing with personal finances. This term is used quite often and unfortunately we live up to it by keeping our finances isolated or hidden from the help that we so desperately need. Houman was eager to lead by example encouraging us all to be honest about where we stood financially and not to become trapped by our insecurities or mistakes.
I was surprised by the challenge he gave to pay ourselves first. It’s a practice I have been told to avoid most of my life but one I learned is necessary to not only see financial success in my life but to encourage the same success in others. Taking care of myself first, empowers me to care for others and to make decisions out of knowledge / confidence not fear and anxiety.
The opportunity to learn the in’s and out’s of the banking industry and to better manage our families household financially has been truly invaluable. Houman is rich in experience and education but his motivation is what speaks the most: helping yourself and helping others…the real “trickle down” effect. There is a better way to live and financial freedom is available and possible for us if we are willing to change.
I appreciated Houman’s immediate call for honesty, starting with himself, then with our own personal finances. This isn’t easy to ask of people, who may take offense, but I do believe absolute vulnerability produces growth. And his honesty of where he stood financially, made everybody want to listen. Everyone loves a success story.
I was impressed with Houman’s direction to pay yourself first. It reminded me of the direction given during a plane crash, to put the oxygen mask on yourself before putting the mask on your child. It sounds selfish, that I am the most important person in my life, but it’s true. To turn that logic around makes so much sense. It not only empowers people to know they have the ability to change the direction for their financial life. But it also reminded me (good or bad) I am where I am in life as a result of my own actions.
I really soaked up the 2 scenarios the banks use to make money, no matter how the economy is doing. And how the price of a home is a number created by the banks, for the simple reason that they can. This is why money cannot be the priority; helping people must be the priority.
I’m excited for this Saturday’s class.
GREAT SESSION. What I am most excited about is the formalizing of my plans - getting them on paper, putting them in context to my life goals. I'm sure some of the realities of debt and other expenses will be daunting, but I also am very impressed with the fact that my family CAN save money and meet goals. We can do it all!
The next 2 weeks of planning for my wife and I will be eye opening, to say the least.
It was great to sit and work with REAL numbers. To see my income (and the incomes of others) on the board and see where the numbers went. It wasn't just theory and concepts; it was the facts as they applied to me. It was great seeing the different situations and knowing that we all have different strengths and weaknesses.
In other classes/books/workshops, it goes into the theoretical, the religious, whatever and the fact is (in my view) all that stuff determines HOW you use your money, but doesn't change the reality of the numbers. So to sit down and get busy with numbers without distraction of theories and philosophies was a welcome change.
To have a small group was perfect - I wouldn't add anyone if possible (perhaps you could form another class). The ability to fit everyone's income on one sheet and discuss the very personal aspects of our financial resources and how we use them (and have used them in the past) is invaluable and would be watered down if the group grew too much to handle everyone’s comments, questions, and input.