Articles liés à Formula For Wealth

Formula For Wealth - Couverture souple

James, Alan

 
9781949085341: Formula For Wealth

Synopsis

For those that want a better understanding of wealth, this is the book to read. 

Do you want to be wealthy? Silly question, who doesn’t? Then you need to read the Formula for Wealth. This book will explain how wealth is built and put you on the path to your financial goals. After reading this book, you will know what you can do to build your wealth. You will be able to develop your plan to fit your situation. There are many individual paths to wealth, but the principles are the same for all of us. You can make your wealth formula by applying these principles in your life.

The Formula for Wealth will help you to understand wealth by presenting principles through the use of narrative, explanation, math and graphs. This book starts with the fundaments of personal finance and wealth management in order to provide the foundation for building wealth. The fundamentals of personal finance are provided through discussion of assets, liabilities, net worth, budgeting and cash flow. The fundamentals of wealth management are provided through discussion of return on investment, financial risk, risk tolerance, diversification, investments and asset allocation.

Building wealth is summarized by the Formula for Wealth in a way that is easy to understand. Then the proof of what is presented in this book is provided through the mathematical Equation for Wealth. There are examples of using the Equation for Wealth in some common situations. The Equation for Wealth provides a measurable plan to reach your financial goals. This method is presented to determine what your wealth could become in your situation and this book presents some of the things that can improve your financial situation.

People do not behave like equations and we have problems with such things as instant gratification, market pressure, credit cards, and automatic payments. These problems are explored and tips are presented for success in overcoming difficulties so that you can build your wealth.

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À propos de l'auteur

I spent many years either working full time while going to school part time or going to school full time while working part time. By this process I ended up with degrees in Respiratory Therapy and Mechanical Engineering. What is more important related to this book is I have a Master's degree in Business Administration with an emphasis on finance and economics. It is not hard work alone that allowed me to have a comfortable and secure retirement; I also followed the principles of the Formula for Wealth.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.