Reconfigurement outside the US

Use this forum to discuss the July 2022 Book of the Month, "Reconfigurement", by E. Alan Fleischauer
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Destiny Freedom
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Re: Reconfigurement outside the US

Post by Destiny Freedom »

This book generally applies to everyone, because we are all struggling with a 9-5 job that most of us might not enjoy. Everyone has a financial aspect to life which we're dealing with.
Many books can inform you but there's only one that can transform you(The Holy Bible). Pls don't forget to drop a comment for this review. Thanks. :D :tiphat:
Obi Egbuniwe
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Post by Obi Egbuniwe »

My opinion on this is that the general principle of this book being adequate financial preparation for retirement is universal and can be applied everywhere. The means of approach may differ based on the realities of different places. IRAs and 401ks don't exist in Nigeria where I'm from so retirement planning isn't easily accessible for a large portion of the middle class. Therefore people here have to get creative and prudent in finding ways to structure their post-work finances.
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Post by mercasa »

In our country, it's not the same as in the US, but some people have been smart enough to think about their futures after retirement. Retirement benefits depend on the organization you work for but also taking the step personally to secure your future
RoyHunter2000
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Post by RoyHunter2000 »

The lessons in this book can be fully applied to the country in which I currently reside because most citizens there merely rely on government-sponsored retirement plans and stop investing in long-term assets during their working years, which makes retirement miserable because eventually the government will not be able to meet their needs.
ikechukwuamarachi+55
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Post by ikechukwuamarachi+55 »

The concept of Reconfigurement is not only applicable in the US. It is also applicable to anyone living elsewhere. Every nation has its own culture and traditions. This theory is based on bridging the gap between tradition and reality because irrespective of our traditions, the reality is that everyone needs to plan for the future.
Soraya Bayah
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Post by Soraya Bayah »

I wholly believe that the book can be beneficial to those outside of the US, as those who try will ultimately be able to take what works for them and leave out what does not apply to their country.
Chinemezu Okafor
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Post by Chinemezu Okafor »

Where I come from, people tend to work till they drop without adequate planning for the future. I believe the insights in this book can be applied everywhere else; because in the end, we all deserve to rest after an entire lifetime of work.
Corrie-Lynn Penny
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Post by Corrie-Lynn Penny »

While not everything portrayed in the book would apply to the life I live in Canada, it would still heavily help out. Mainly with future planning and retirement, because in this day and age, millennials and Gen Z are going to struggle to save enough money on their own to retire.
Chiwendu Ikechukwu
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Post by Chiwendu Ikechukwu »

Considering the financial state of my country, and the tampered economy, it is advised that one plans his or her life early. It could be from the teens age.
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Post by cole musiime »

This book offers help to any individual anywhere in the world today. I believe that the people in my country, Uganda would greatly benefit from the knowledge hidden in this book
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Bradley Shelvie
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Post by Bradley Shelvie »

Of course! The ideas in the book are adaptable in other parts of the world as well, since the problems tackled affect everyone else as well. For example, the advise on retirement and unemployment.
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Mehak_mattoo6
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Post by Mehak_mattoo6 »

I believe that everybody in the world can benefit from the ideas in this book. The social security systems of different nations vary, some more so than others, but ultimately, what applies everywhere is that each person must be responsible for their own future. This book appears to be useful in giving the necessary tools.
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Abiodunakinola
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Post by Abiodunakinola »

This book applies to my country. Everyone in my country works for their present needs without thinking about the future. I hope they all read this book to learn a great lesson.
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Post by Vivian Agenms »

In my country if retirement isn't well planned you can end up in an hospital, our economy doesn't favor sitting around even after retiring from your 20 years job you have to start a business to help cater for some of your needs incase your savings isn't really substantial.
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Post by Kayla Archer »

This is a very interesting question. I felt sorry for the posts I read that spoke a little negatively toward other countries. Yes, planning ahead and working hard are important, but sometimes Americans focus so much on working and the future, they miss the present. I think people can take a little of something from this book, no matter what country they live in.
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