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Value of Debt in Building Wealth: Creating Your Glide Path to a Healthy Financial L.I.F.E.

Value of Debt in Building Wealth: Creating Your Glide Path to a Healthy Financial L.I.F.E.

          
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About the Book

Conventional financial management advises people to pay off debt as quickly as possible, but The Value of Debt in Building Wealth turns this idea on its head and shows you how to strategically use debt to your advantage. This comprehensive road map provides specific and actionable direction on how to leverage both sides of your balance sheet so you can establish a financial safety net, grow your personal wealth, support your dreams, and save for retirement. In his bestselling The Value of Debt, nationally renowned financial planning expert Thomas Anderson introduced his thought-provoking approach to growing wealth by incurring strategic and purposeful types of debt. In this long-awaited follow-up, he applies his widely proven approach to all stages of your financial life with up-to-date case studies and a tangible framework that makes it easy to custom-fit his methodology to your unique circumstances and practice it in the real world. He provides tools and specific guidance for optimizing your assets and debt in order to evolve into the next phase and eventually retire--possibly making more money than you did when you were employed! The cornerstone to his accessible approach lies in the power of compound interest, one of the most basic investing principles, and this extensive guide offers in-depth discussions on the asset side of your personal balance sheet with actionable ideas on risk, return, and diversification so you can capture the spread over time in bull and bear markets. From investment basics to the nuances of fixed and floating debt, this authoritative guide shows you how to make debt work for you, and includes discussion of: Where you should direct your cash flow funds How to get a very important jumpstart on maximizing your investments earmarked for retirement The importance of liquidity and lines of credit The Value of Debt in Building Wealth reveals a path to balance and financial security through optimizing your resources.


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Product Details
  • ISBN-13: 9798200597925
  • Publisher: Recorded Books, Inc.
  • Publisher Imprint: Gildan Media Corporation
  • Edition: Unabridged edition
  • Language: English
  • Spine Width: 0 mm
  • Width: 135 mm
  • ISBN-10: 820059792X
  • Publisher Date: 01 Mar 2021
  • Binding: CD-Audio
  • Height: 191 mm
  • Returnable: N
  • Sub Title: Creating Your Glide Path to a Healthy Financial L.I.F.E.


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Value of Debt in Building Wealth: Creating Your Glide Path to a Healthy Financial L.I.F.E.
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