The Business of Personal Finance

This book is no ordinary personal finance book. It presents, in a highly accessible way, how to effectively understand and manage personal finances, avoiding debt and building for the future, and using straightforward tools and techniques developed in conjunction with business economics.

This short guide to personal finance is chock-full of experienced-based economic wisdom. I wish I could have read it sixty years ago at the start of my career. Regardless of your age, read it now. Absorb its lessons. They will show you how to make better financial and life-cycle decisions to achieve personal financial wellness. -- Richard Sylla, co-author of, A History of Interest Rates 4th Ed., Professor Emeritus of Economics, New York University; chairman of the Museum of American Finance (2010-2020) Joe Calandro and John Hoffmire have very effectively written about financial literacy in a way that is practical, accessible and academically strong. This is an excellent resource for those who wish to obtain a better grasp of, and improve, their personal finance. -- SusanaFrazao Pinheiro, Head, Healthcare and Life Sciences,School of Management, University College London Financial independence is the cornerstone of personal freedom and this book provides the most succinct guide I've seen for wealth creation. I'm giving copies to all my children and grandchildren those here and those to come! -- John J. Sviokla, author of, The Self-Made Billionaire Effect: How Extreme Producers Create Massive Value, PwC Principal (retired), and former Associate Professor of Harvard Business School I really love the book. It is fresh. And the stories about the financial foibles of well-known celebrities are fascinating. -- Tom Garman, Distinguished Professor Emeritus, Virginia Tech

Autorentext

Joseph Calandro, Jr. is Managing Director of a global consulting firm, Fellow of the Gabelli Center for Global Security Analysis at Fordham University, and a contributing editor of Strategy & Leadership.

John Hoffmire is Research Associate, Kellogg College, University of Oxford, and an associate member of the Senior Common Room, Regent's Park College. He is also Chairman of Oxford Pharmaceuticals; Chairman of Cadence Innova; Founder of the Center on Business and Poverty; and Director and Chairman, Personal Finance Employee Education Fund.

Inhalt

Acknowledgements. Introduction. 1. The Ten Commandments of Financial Wellness. 2. Spending, Saving, and Interest. 3. Ownership and Open Book Management. 4. Strategy and Prices. 5. Risk Management. 6. Cyber Risk. 7. Financial Statements and Personal Finance. 8. Small Business Finance. 9. Your Home. 10. Be Careful with Debt. 11. Physical and Financial Wellness. 12. Personal Investing. 13. Other Kinds of Investments. Conclusion and Five More Commandments of Financial Wellness.