000 04105nam a2200325Ia 4500
001 343749
003 0000000000
005 20211104091514.0
008 161219s2017 nju b 001 0 eng
010 _a2016046388
020 _a9781119049296 (hardback)
035 _a19411796
040 _aDLC
_cDLC
_erda
050 _aHG 3701
_b.A635 2017
100 _aAnderson, Thomas J.
_9127365
245 4 _aThe value of debt in building wealth :
_bcreating your glide path to a healthy financial L.I.F.E. /
_cThomas J. Anderson.
264 _aHoboken, New Jersey :
_bWiley,
_c2017
300 _axxvi, 246 pages :
_billustrations
_c24 cm.
336 _atext
_2rdacontent
337 _aunmediated
_2rdamedia
338 _avolume
_2rdacarrier
504 _aIncludes bibliographical references (pages 231-232) and index.
520 _aThe book of financial wisdom that your future self will thank you for reading For many adults under 40, debt" is a four-letter word--something that should be avoided but is all too often unavoidable. In The Value of Debt in Building Wealth, bestselling author Thomas J. Anderson encourages you to rethink that. You'll walk away from this book with an understanding of how you can use debt wisely to secure the financial future you envision for yourself and your family. Student loans, mortgages, lines of credit, and other forms of debt are all discussed in detail, with a focus on smart planning for those who are accumulating assets--and debt--now. Should you rent or buy? How important is liquidity? What is good versus bad debt? How much debt should you have? What debt-to-income and debt-to-asset ratios should you aim for? Fixed debt or floating debt? What's the best way of saving for college and retirement? These are big questions that deserve thorough answers because the choices you make now could influence the course of your life. This thought-provoking book will open your eyes to savvy financial strategies for achieving your goals faster and with healthier bank accounts. Explore strategies for smart debt management, explained by one of the nation's top financial advisors Gain an understanding of investment basics and key financial concepts you'll need to achieve your long-term goals Understand the risks of having debt and the potential risks of being debt-free Make financial decisions now that will maximize your wealth, freedom, and opportunity later This book is not about buying things you cannot afford. It is about liquidity, flexibility and optimizing your personal balance sheet. The Value of Debt in Building Wealth is full of ideas you can apply to your own situation--no matter what your current asset level. Read this book today and thank yourself later"--
520 _aThe Value of Debt in Building Wealth will greatly expand upon and go beyond the ideas presented in The Value of Debt by framing out debt strategies for individuals who are generally between 25 and 40 years old and in the first stages of accumulating debt. Topics discussed in the book include: - Debt-to-Asset versus Debt-to-Income ratios: where they intersect, how they tend to move over time, and how these ratios can help guide individuals and families - Rent versus buy; a detailed discussion and analysis - A discussion of student debt and what to do with it - Debt overlay vis-. is one's investment portfolio: where should you direct your cash flow funds? A debate, discussion, and flow chart - Maximizing retirement-related investment opportunities--starting early matters - Saving for children's college and graduate education - The importance of liquidity, and why individuals should be willing to pay for it - The importance of lines of credit including asset based portfolio loans - Fixed vs. floating debt; what you are really paying for, and whether it is worth it - Investment basics and important simple concepts to understand as you move forward--
650 _aDebt.
_932518
650 _aFinance, Personal.
650 _aLoans, Personal.
_9127366
942 _cCIR
999 _c91011
_d91011