Personal Finance Essentials You Always Wanted to Know / Ankur Mithal ; Vibrant Publishers, issuing body.

Format:

Book

Author/Creator:

Mithal, Ankur, author.

Contributor:

Vibrant Publishers, issuing body.

Series:

Self-Learning Management Series

Language:

English

Subjects (All):

Finance, Personal.

Physical Description:

1 online resource (181 pages)

Edition:

First edition.

Place of Publication:

[Place of publication not identified] : Vibrant Publishers, [2023]

Summary:

Personal Finance Essentials You Always Wanted to Know is a guide that will help you understand money and manage it like a pro. An introduction to managing your personal finances better Do you break out into a sweat at the mention of the word ‘financial planning?’ Do you often struggle with meeting your expenses? Do you worry about the future and ensuring your financial stability? And is the time for filing tax returns stressful for you? Countless others go through the same experience, but it need not be this way. This book answers all your pressing questions about finance and many more. It makes an effort to remove the fear that is often associated with the subject of finance by offering all the essentials in a conversational manner to engage the readers. Packed with fun facts and quizzes, it tackles subjects that constitute the world of personal finance which everyone has to deal with, whether we like it or not. With the help of this book, you will: • Learn how to budget, save, and invest for your future. • Get an overview of home ownership, taxation, insurance, and retirement planning. • Calculate your income, expenses, and budget using practical templates. • Become better at managing your finances. Personal Finance Essentials is a ready reckoner for individuals who would like to know more but do not know where to start. It could be you and me, or students beginning a course in Finance, or youngsters exploring different lines of education and career. It could also be an organization attempting to help employees understand money management. This book has something for everyone. It is a part of the Self-Learning Management Series designed to help students, managers, career switchers, and entrepreneurs learn essential management lessons.

Contents:

Intro

Introduction to Personal Finance

1.1 Introduction to Finance

1.2 What is Money?

1.3 History of Money

1.4 The Value of Money

1.5 Currency/Foreign Currency

1.6 Personal Finance, Corporate Finance, and Public Finance

1.7 Factors That Affect Personal Financial Concerns

Quiz

Chapter Summary

Important Financial Concepts

2.1 Income and Expense

2.2 Income and Expense Statement

2.3 Cash Flow Statement

2.4 Asset and Liability

2.5 Net Worth

2.6 Time Value of Money

2.7 Compounding

Budgeting

3.1 The Importance of Planning

3.2 Introduction to a Budget

3.3 Principles of Good Budgeting

3.4 Common Budgeting Methods

3.5 Creating a Budget

3.6 Contingency Planning

Banking

4.1 Introduction to Banking

4.2 Types of Banks

4.3 Types of Accounts

4.4 Lending Facilities

4.5 Other Banking Services

Borrowing

5.1 Introduction to Borrowing

5.2 Credit Risk

5.3 Consumer Reporting Agencies

5.4 Credit Score

5.5 Why Should You Check Your Credit Report?

5.6 Types of Borrowing

5.7 Protection and Safeguards for Borrowers

Home Ownership

6.1 The Importance of a Home

6.2 Buy or Rent

6.3 Mortgage Loans

6.4 Types of Mortgage Loans

6.5 The Mortgage Loan Process

6.6 Mortgage Calculator

6.7 Factors Affecting Interest Rate

Investing

7.1 Introduction to Investing

7.2 Investing Fundamentals

7.3 Common Financial Investment Avenues

Insurance

8.1 Introduction to Insurance

8.2 Principles Underlying Insurance Contracts

8.3 Types of Insurance

8.4 Pricing of Insurance

Taxation

9.1 The Case for Taxation

9.2 Income Tax.

9.3 Other Major Taxes

Retirement Planning

10.1 Historical Perspective On Retirement

10.2 Retirement and Life Expectancy

10.3 The Sources of Retirement Security

10.4 Estate Planning and Creating a Will

10.5 Planning for Retirement

Chapter Summary.

Notes:

Description based on print version record.

ISBN:

9781636511856

1636511856

OCLC:

1392346343