The Complete Personal Finance Handbook A StepbyStep Instructions
October 12, 2009 by admin
Filed under Debt & Credit Free
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Personal financial planning is the process of establishing your own financial goals and creating a way to reach them. The ongoing process involves examining all existing resources, developing a plan to use them, and systematically implementing the plan to achieve your short- and long-term goals. They must be monitored and reviewed periodically to make adjustments to assure that they continue to move you toward your financial goals. Your family’s financial future depends in large part on decisions you make and steps you take today. Busy, successful people are often so involved with day-to-day personal and business responsibilities that they don’t take the time to plan their own financial future. And unfortunately, financial security and sound investments rarely happen by chance. This new book, written in easy-to-understand terminology, will guide you on the way to financial security for you and your family. You will learn the personal financial basics of budgeting; insurance; marriage, single, and divorce financial solutions; health care possibilities; retirement planning and saving; wills and estate planning; managing and eliminating debt; solving your credit score and credit issues; and home ownership. You will avoid legal issues, obtain documents you need to have, deal with mortgages, taxes, and tax planning. You will invest your money using the latest strategies while responding to life events, starting a small business, getting college financial aid, avoiding debt and bankruptcy, and borrowing money. The new areas of concern are explained: elder issues and identity theft worries. The companion workbook on CD-ROM contains worksheets, charts, and quizzes to help you set financial goals, budget, find how to reach those goals, set retirement planning goals, and determine the best savings and investment strategies that fit your situation. more info
Sound Guidance!
Rating:5 out of 5 stars
In our current economic climate personal finance has become the priority of many. Pitfalls abound, so the need for sound financial guidance is critical for all consumers – those who are financially sound and those navigating rough waters. In order to prevent financial disaster, or recover from one, it is imperative that we learn to control our money so our money doesn’t control us.
The Complete Personal Finance Handbook: Step-by-Step Instructions to Take Control of Your Financial Future begins with the logical first step of creating and analyzing a budget. That information is supplemented in the next chapter on banking; the author helps you navigate the banking system and gives sound instruction on keeping your accounts balanced to keep your budget in tact.
The following chapters on saving, wealth management, insurance, and retirement are designed to help you keep more of your money and put it to work. Then, The Complete Personal Finance Handbook: Step-by-Step Instructions to Take Control of Your Financial Future addresses the wise use of credit, how to avoid bankruptcy, and improving your credit history if you have already made some mistakes.
The chapter on buying a home is particularly relevant since so many are making their first foray into real estate. The Complete Personal Finance Handbook: Step-by-Step Instructions to Take Control of Your Financial Future is an invaluable primer for the first-time home buyer to navigate the terminology and processes involved in buying a home.
The included appendices in The Complete Personal Finance Handbook: Step-by-Step Instructions to Take Control of Your Financial Future give the readers sample documents, checklists, and worksheets to manage every aspect of your finances.
Knowledge is power, and The Complete Personal Finance Handbook: Step-by-Step Instructions to Take Control of Your Financial Future gives you the power correct or improve your financial future whether you are financially stable or financially troubled.
great little book
Rating:5 out of 5 stars
Need to learn how to balance a budget, buy a home, or save enough money so you can retire in style? In her book, ” The Complete Personal Finance Handbook,” author Teri B. Clark presents personal financing in a clear and concise manner. In 16 easy-to-understand chapters, she teaches the reader how to organize one’s budget, buy a home, invest smartly, save for your children’s college, hire a personal planner, and much more.
This is, in my opinion, the most common-sense book on home financing yet, as the author uses simple language and lots of real-life examples throughout the text. In addition to the different real-life case studies, the author provides a plethora of handy appendices at the end of the book that contain tools like Q and A sheets for your stock broker or a financial advisor, sample real-estate contracts, and much more. A glossary of terms also allows a quick glance in case readers want to look up a certain financial term.
What I especially liked in this book were detailed descriptions of various financial scams out there and how to protect yourself and avoid them. Also eye-opening was a lengthy but interesting chapter on saving for retirement, along with financial charts and other tools. This handy little book should be a part of everyone’s library because saving money should be everyone’s concern.
Learn How To Better Manage Your Money
Rating:5 out of 5 stars
Learn how to better manage your money and become wealthier no matter where you are financially by saving and budgeting with this book. Every financial topic that one might encounter is presented in each chapter. Certain financial books can be overwhelming and difficult to understand, but both basic and thorough information can be understood because of the author’s use of examples, exercises and bullet points that advise, encourage, and challenge. All the information you need to understand and improve your finances is included complete with outside resources.
If you have made mistakes with your money in the past or are in debt, this book can help you fix and avoid those mistakes so your credit score will improve. The chapter on saving is written in a whole different approach to the reader. First, the author explains why you should save and how your finances will improve if you start or continue to save your money. I found this type of approach gave me motivation to keep my money instead of spending it. I also found it helpful that the author explained how current economic issues and taxes affect an individual’s finances and what to do so you don’t become a victim to economic conditions. Clark lets the reader know every aspect of how your money is involved in the banking system in Chapter 2 and does the same for more difficult topics.
After reading this book and answering some of the questions presented to me in the text, I felt I understood my finances better and incorporated my goals into a financial plan that is sure to be rewarding in the near future. You will be surprised how much you didn’t know about your finances before reading this book.
Personal Finance Bible
Rating:4 out of 5 stars
The Complete Personal Finance Handbook: Step-by-Step Instructions to Take Control of Your Financial Future is a real good book. I’ve read several Suze Orman books and Your Money or Your Life and other such tomes. And I’ve tossed aside several books on personal finance that couldn’t hold my interest past a couple pages. But because of Personal Finance Handbook’s comprehensiveness, clarity of explanation, detail and upbeat tone many will consider it their finance bible.
The book starts with budgeting and moves step-by-step through saving (in a multitude of ways), keeping track of your money, banking, the thrill of compound interest, financial advisors, insurance, investing and more.
“Now You Know” charts recap the chapters’ main points. And gently, but frankly the book helps people through the emotional aspect of handling money. For example: budgeting and saving bring peace of mind. Yet, if you’re in financial trouble, this book will help you without shaming you. Finally, Personal Finance Handbook contains helpful appendices, glossary and index.
The book’s only fault is its lack of spacing between words and sentences in the foreword.
Lifelong Financial Success!
Rating:5 out of 5 stars
The Complete Personal Finance Book should be on every high school and college graduate’s gift list. If every graduate–or at least most–read this title, we would no longer hear news reports of massive credit problems, home loan foreclosures, and the “savings crisis.” However, don’t short-change yourself if you’re not a recent graduate. This book has invaluable lessons on when and how to plan for retirement, and invest in stocks and bonds. Not sure how much life, disability or car insurance you need? This handbook spells it all out!
Truly – if you are serious about achieving financial success – no matter your age or credit status, this book can help you achieve your goals. As a reader who has never fully understood how stocks and bonds work, or how to ladder a CD, I can honestly say I can talk with confidence about these topics.
In addition to the straight talk on how to save money and reduce fees, I particularly benefitted from the “Now You Know” summaries at the end of each chapter. The Appendices include a wealth of useful information ranging from sample budget and insurance forms, retirement worksheets, real estate contracts and a section on selecting a financial advisor. The money you save by reading these sections will more than pay for the book! In short, no one should open an account or incur any debt before reading this book!