Since 1992
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By Jac Arbour
What is the value of good credit, and how is it measured? How does someone without much earning or spending power build strong credit? What is the difference between an asset and a liability? What is good debt and what is bad debt? What are the best ways to increase one’s earning power, and what are the most efficient ways to avoid bad debt, if not to reduce or eliminate it altogether? How does one properly design a budget, and how can we pay ourselves first? What are some ways — other than money — through which a person can become wealthy?
The story of “This Little Piggy: The Tale of an Extraordinary Piggy Bank” presents the underpinnings of the mindset shared by those who are wealthy in all forms. In this book, we see Philip Anthropist, a young go-giver, learning the value of being unique and the importance of embracing his differences.
We follow Philip as he faces adversity, has his feelings hurt, begins the journey of learning about wealth in all its forms, wins friends, influences bullies, and transforms into a better version of himself — a version who knows there is no such thing as dreaming too big and, with the right attitude, one’s life can become abundant in all areas.
The power of stories is strong, and Philip’s story is aimed at teaching kids the importance of always doing the right thing, taking an active interest in the lives of others, learning what others want and helping them get it, and being open to receiving abundance — all lessons taught by the greats, such as Dale Carnegie and Napoleon Hill.
As a retirement and estate planner, I am always mindful that today’s children will be running the world in which many of us retire. It’s imperative that we provide them with all the tools they need to be first-rate versions of themselves.
Here is what I promise: When children are taught to ask themselves about the positive value they are providing to their families, to their friends, to their communities and to themselves their focus shifts, and the results we all experience will align with the greater good of mankind.
Copies of “This Little Piggy: The Tale of An Extraordinary Piggy Bank” can be purchased at jacarbour.com.
See you all next month.
Jac Arbour, CFP, ChFC
Jac Arbour is the founder and CEO of J.M. Arbour Wealth Management. He can be reached at 207-248-6767 and jac@jmarbour.com.
Investment advisory services are offered through J.M. Arbour, LLC, a registered investment adviser.
