When it comes to personal finance, the rules may have changed, but
the time-tested principles of sound personal financial management
haven't. Those starting out on their paths to financial security
just need to learn them better and apply them earlier than ever
before - ideally, right from the start. Previous generations have
had some help in achieving financial security that young people
can't count on today: generous employer pensions, steady housing
price increases, and a well-funded Social Security program, to name
a few. In short, the old muddle through approach won't cut it
anymore - not even close. A steady income is still a must, but
parlaying this into long-term financial security is now an entirely
different proposition than ever before. The institutions of the
past can no longer be relied upon to handle the process; each
person now needs to manage the long-term financial planning and
decision making on their own. Fortunately, though, anyone just
starting out can still achieve a very strong financial future from
almost any income level - but only by doing the right things to
make it happen. Those things aren't particularly hard to understand
or to do, but it is important to do them right, to do them
consistently, and to do them in the right order. Most importantly,
if you get an early start, the risks are minimal and the payoff is
substantial. But each year that passes, the risks go up and the
payoff goes down. If you have just started out in your financial
life, or if you are just about to, and you want a complete and
practical education in the fundamentals of personal finance for a
secure future, then this book is for you. Chris Smith guides
readers through the basics of saving, investing, and financial
planning in language that is clear, accessible, and lively, making
difficult concepts understandable to the novice, and enjoyable to
those who already have some understanding. He shows readers how to
apply this knowledge, and to avoid the most common pitfalls, to
insure the best possible outcome for long-term financial security.
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!