The business of personal finance : how to improve financial wellness

Abstract

"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. Fun to read, the book teaches core corporate finance principles in a way that helps people become more financially literate in their personal lives. The premise of this book - that personal and corporate finance can and should be learned together to improve financial wellness and know-how - is considered a breakthrough. Using approaches that have been tried, tested and proven to work with individuals and employees, the authors apply common business activities like "due diligence", and tools, such as "financial statement analysis", to personal finance. This connection has not been presented before, either theoretically or practically. And yet it has the power to both transform how individuals successfully manage their own finances, and, at the same time, informs and educates them in the important aspects of the financial direction of the organisations in which they work. This is a must-have book for those who are looking for a credible reference tool in how to effectively manage their own finances and for organisations seeking to assist their employees in good financial management, at every level, both in work and at home" Provided by publisher.