Tuesday, October 30, 2012

Review ~ "Building Wealth for Building the Kingdom" by Devin D. Thorpe

Building Wealth for Building the Kingdom by Devin D. Thorpe

Rating: 4 of 5 stars
Genre: Self Help/ Religious
Source: Received electronic copy to review

Book Description: Building Wealth for Building the Kingdom is a simple, practical guide to help LDS families organize their personal financial plans to meet their unique goals. The book provides simple answers to questions like:
How much should I be saving each month for my son’s mission?
How much should I be saving each month for my children’s college education?
How can I save enough to be able to retire while I’m healthy enough to serve a mission?
Avoiding tips on pinching pennies, the book focuses on opportunities to save thousands or tens of thousands of dollars by making smart moves with big decisions, like home and car purchases.
Mormon families will appreciate the gospel-centered, scripture-based focus on putting tithing at the center of a financial plan. Building Wealth for Building the Kingdom will help prepare families to enjoy the benefits of their labor while simultaneously contributing to the growth of Church.

My thoughts:   Building Wealth for Building the Kingdom tackles the problem many are having in managing finances.  I will admit that this is one of the things that has been plaguing me lately.

This book takes a practical approach to a tough subject.  While it is written primarily to an LDS reader, I feel that there are many ways that this can help any family/person in need of solid advice.  While the lessons are not new to me, it is always good to be reminded on how to succeed in managing finances.  It is good to rededicate myself and family to the principals discussed.

Financial security is something that we can obtain, if we learn to budget and look at wants vs. needs.  This book looks at financial planning and the author even suggests finding a good one who can help individuals work within their own budget.

Thanks Devin for reminding me what I really need to be doing to help my family find stability in an unstable economy.

About the author: Devin D. Thorpe brings a broad perspective to financial planning, having owned and operated an investment-banking firm—which included an investment advisory business—and a mortgage brokerage and having served in a variety of corporate finance positions.

Presently, Devin serves as a business professor at South China University of Technology in Guangzhou, China on behalf of Brigham Young University’s Kennedy Center China Teachers program. Previously, he served as the Chief Financial Officer for the multinational company MonaVie, listed in Inc. Magazine’s 2009 Inc. 500 as the 18th fastest growing company in America and, at $834 million in revenue, the third largest company on the list.
Prior experience includes two years working on the staff of the U.S. Senate Banking Committee during Utah Senator Jake Garn’s tenure. He also served briefly in Utah State Government, working at USTAR under Governor Jon Huntsman.  He earned an MBA with focus in Finance and Accounting from Cornell University’s Johnson Graduate School of Management. He completed his undergraduate degree in finance at the University of Utah, where he later worked as an adjunct professor of finance. In 2006,
Devin was recognized by the David Eccles School of Business at the University of Utah as a Distinguished Alum. In the Church, Devin presently serves as a seminary teacher along with his wife, Gail. Previously, he served as a counselor in a stake presidency, a counselor in a bishopric, ward executive secretary, young men’s president, assistant scout master, three times as an assistant ward clerk, and in more elders quorum presidencies than he can count. Devin ran his first marathon in 2011, finishing in 4:35.
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Follow the tour: 
October 25 Review http://songberries.com
October 26 -Review  http://www.theshoppingduck.com
October 29 Review  http://mommyreadstoomuch.com
November 2 Review  http://31daysearlyirise.com
November 5 Interview http://ereadingonthecheap.com
November 6 Excerpt http://iamareadernotawriter.blogspot.com

***This book is currently part of a goodreads giveaway that ends tomorrow.  If you want to enter, do it quickly.  Click on the goodreads button below my review to get to the giveaway.***

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