Financial Literacy for All: Disrupting Struggle, Advancing Financial Freedom, and Building a New American Middle Class

Financial Literacy for All: Disrupting Struggle, Advancing Financial Freedom, and Building a New American Middle Class

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Summary

Aims to be an accessible resource for everyday Americans to build a strong financial foundation, guiding them in understanding their relationship with work and money.

Description

Former vice-chairman of the U.S. President's Advisory Council on Financial Literacy, John Hope Bryant, delivers an accessible and powerful resource for everyday Americans seeking to build a strong financial foundation. This book is an easy-to-follow first step toward a fulfilling financial future, helping you understand your relationship to work and money. With an insightful foreword by Doug McMillon, president and CEO of Walmart Inc., you'll learn how to create wealth for yourself and your family, regardless of your educational or employment background, and how to establish a financial mindset that contributes to a sound future. You'll also discover the answers to tough money questions, including the actual utility of new financial inventions like cryptocurrency; how to think about exchanging your time and effort for money and the conditions under which you should agree to work; and plain-English discussions of the principles of responsible long-term investing and how it differs from speculation. Acting as a critical pillar for those seeking to build a rock-solid financial foundation, Financial Literacy for All is a must-have book for working professionals, blue-collar workers, members of young families, and established businesspeople looking for a better, more secure future for themselves and the ones they care about. Read more

Level
Well-written, concise, easy to read, aims to make financial concepts understandable for all.
Core Concepts
Responsible long-term investing
utility of cryptocurrency
exchanging time for money
wealth creation for oneself and family
financial mindset.
Skills You'll Develop
Developing a strong financial foundation and mindset.
Relevance to Finance Areas
Personal finance
economics
budgetary & cost accounting
business mathematics.
Real-World Application
Presented as a must-have for working professionals and businesspeople seeking financial security, uses real-world examples.