| Description |
1 online resource (288 pages) |
|
text file |
|
21.95 |
| Summary |
Take control of your personal finances--one bite at a time Getting your financial house in order is a big job. At first, you might even feel like you've bitten off more than you can chew. But don't give up! In How to Eat an Elephant, you'll gain vital understanding of important personal finance basics in just one day a month. Rather than tackle the beast in one bite, you'll master it a little bit at a time. Supported by online resources, tools, and reports, you'll complete fundamental tasks and gain fundamental understanding in an orderly and effective way. With practical, easy-to-understand guidance, this book will show you how to reduce your debt and save on interest; improve your understanding of personal finance basics and gain new confidence; reduce stress and anxiety about your money; and use powerful online tools to organize all your financial information. Offers a structured, non-intimidating approach to personal finance that can be mastered in four hours a month Covers vital topics like budgeting, life insurance, investment products, retirement planning, wills and powers of attorney, and much more Written by Frank Wiginton, one of Canada's best-known personal finance speakers and gurus If it's time to take charge of your financial life, look no further. How to Eat an Elephant offers real solutions that will save you time, money, and headaches. |
| Contents |
Title Page; Copyright; Dedication; Acknowledgements; How to Use this Guide; Introduction: How do you eat an elephant? One bite at a time!; Part One: Understanding Your Finances; Chapter 1: Setting and Achieving Goals; Write It Down; Define It; Setting Your Goals and Yourself Up for Success!; What Is the Financial Cost to Accomplish Your Goals?; Identify What You Need to Succeed; Review Your List Regularly; Share Your Goals with Others; Chapter Summary; Chapter 2: Where Are You Now?; Net Worth Statement; How Do You Figure Out What Assets You Have?; How Do You Figure Out What Debts You Have? |
|
Chapter SummaryChapter 3: How to Save a Lot of Money!; What Is a Budget?; Why Is a Budget Important?; What about Pocket Money?; Where Have I Spent My Money?; How Do You Get Started?; There Must Be Some Mistake!; Money Is Finite!; Needs vs. Wants; Breaking the Spending Habit; Put Yourself on a Cash Diet!; The 10% Rule for Financial Success; Additional Tips for Reducing Expenses; How I Saved 1,154 After-Tax Dollars with Two Phone Calls; Chapter Summary; Chapter 4: Income and Debt Management; Debt Destruction; Debt Consolidation; Debt Pyramiding; Breaking the Cycle; Credit Counselling. |
|
Bankruptcy and Insolvency Act OptionsDebt Service Ratios; Good Debt vs. Bad Debt; Mortgages; What to Consider When Getting a Mortgage; Payment Options; Chapter Summary; Part Two: Protecting Your Finances; Chapter 5: Benefits; Group Benefits; How Can You Get the Most from Your Benefits?; Traditional vs. Flex-Benefit vs. Healthcare Spending Accounts; Self-Employed/No Work Benefits Options; Taxable Benefits; Non-Taxable Benefits; Employee Assistance Programs (EAPs); Leave of Absence; Travel Medical Insurance Coverage; Group or Work Life Insurance; Group Pensions and Retirement Programs. |
|
Chapter SummaryChapter 6: Risk and Living Insurance; Managing the Risk; Living Insurance: Insurance that Pays Out to Help You Live!; Chapter Summary; Chapter 7: Life Insurance; How Much Life Insurance Do You Need?; Life Insurance; Temporary Insurance; Insurable Interest; Different Ways to Set Up a Life Insurance Policy; Insurance Riders or Add-Ons; Buy Term Insurance and Invest the Difference?; Affordability; Additional Uses for Life Insurance; Life Insurance as an Asset Class; Chapter Summary; Part Three: Growing Your Finances; Chapter 8: Retirement and Estate Planning. |
|
Retirement Savings OptionsCompany Pension Plans; Savings; The Forgotten Sources of Retirement Income; Retirement Savings Options You May Not Have Heard Of; Will I Outlive My Money?; Sources of Income in Retirement; How Is It That I Could Earn So Little and End Up with Enough Money for Retirement?; Estate Planning; Probate; Summary; Chapter 9: Investing; Investment Products; Alternative Hybrid Investments; Understanding Investment Risk; The "Stop Losing Big" Principle; Asset Allocation; Diversification; When to Buy and When to Sell. |
| Subject |
Business enterprises -- Finance.
|
|
Economics.
|
|
Commerce.
|
|
Économie politique. |
|
Commerce. |
|
economics. |
|
Economics |
|
Commerce |
|
Business enterprises -- Finance |
|
Finance, Personal |
| Added Author |
Safari, an O'Reilly Media Company.
|
| Other Form: |
Print version: Wiginton, Frank, 1975- How to eat an elephant. Toronto : J. Wiley & Sons Canada, 2013 9781118459737 (OCoLC)828848384 |
| ISBN |
9781118459805 (electronic bk.) |
|
1118459806 (electronic bk.) |
|
1118459792 (electronic bk.) |
|
9781118459799 |
| Standard No. |
9781118459799 |
|
More Resources