Personal Finance by Kapoor
Book Summary:
This text book is a practical guide to managing personal finances and achieving financial well-being. The book emphasizes the importance of setting clear financial goals and creating a realistic budget to control spending and save effectively. It provides insights into making informed decisions about credit use, debt management, and loan repayment. Readers are introduced to basic investment strategies, focusing on balancing risks and returns to grow wealth over time. Tax planning is discussed with practical advice on minimizing tax liabilities and increasing take-home income. The authors also stress the significance of insurance in protecting against financial risks and unexpected events. Retirement planning is presented as a lifelong process, encouraging early and consistent savings. The book highlights the importance of estate planning to ensure smooth wealth transfer to heirs. It also offers tips for smart consumer decisions and avoiding financial fraud. Overall, the book encourages disciplined financial habits to build long-term security and achieve life’s financial goals.
ISBN’s: 9780077861643, 9781260013993
Authors:
Jack R. Kapoor, Les R. Dlabay , Robert J. Hughes, Melissa M. Hart
