A Beginner's Guidebook to Personal Finance and Money Management
A Beginner's Guidebook to Personal Finance and Money Management is a 70 page book targeted at recent high school or college grads who have left the nest and seek to establish themselves successfully in the world without their parents' control over their personal finances and money. This guidebook follows the natural progression of financial transactions that they will face, starting with opening a checking account and ending with the purchase of a house. The book discusses how to manage your money, open bank accounts, create a budget, rent an apartment, start investing, and buy a car, house and insurance
This guidebook is also useful for anyone who is transitioning away from living paycheck-to-paycheck into a more stable financial situation in which they can invest, buy a house, plan for their retirement and protect themselves with insurance policies. This guidebook is easy to read and is not filled with complicated mathematics, technical legal jargon or complex strategies. It is short enough to read in a couple evenings after work, but long enough to cover the fundamentals for each topic discussed. The focus is on increasing the reader's financial literacy by discussing the day-to-day financial issues everyone faces and the simple steps the reader can take to handle such issues.
About the Author
Mark Thompson has worked in banking, bank regulation and bank legal matters for over 40 years. He earned a Bachelor of Business Administration degree with an emphasis on Finance from The University of Iowa and a Juris Doctor from The University of Michigan Law School. During his lifetime, he has lived in 8 states, rented 17 apartments and houses, purchased 7 homes and bought or leased 18 motor vehicles. Based upon his educational training, professional practice and personal experiences, he provides his practical guidance on basic financial decisions and transactions that every consumer will face at some point in his or her life. He was inspired to write this book after answering numerous questions posed by his curious nephews, Brewer (age 18) and Dakota (age 21), who were in the process of leaving their parents' homes.
A Beginner's Guidebook to Personal Finance and Money Management is available in the Amazon bookstore at https://www.amazon.com/dp/B0933KLQ95.