Sunday, June 9, 2019
Discuss an economics-, business- ,or finance-related book you have Essay
Discuss an economics-, business- ,or finance-related book you have read all the counselling through and its influence on your thinking - Essay ExampleThis information is vital as it expands on the investment knowledge that I learnt in class. unconnected from sharing the financial information with the three young mountain, Roy, the main character byers financial advices to his customers at the barber shop. Roy had a plan of becoming a attorney when he was growing up, but he later changed his mind. He takes over the barber shop that be wants to his father and begins running it well after a scold to Mr. White, who was one of the wealthiest individuals in the town. The financial advice he gets from Mr. White opens up the way for the accumulation of wealth. After reading the book, I realized that I dont need a lot of money before I can begin investing. Saving and investing ten percent of my monthly income for a long term can enable me to accumulate a lot of money (Chilton, 8).I was a ble to understand that it is better to pay off non-tax deductible debts preferably using the same amount of money in other investments. The best investment begins with paying off loans and other debts. An individual should start paying off loans that have high-interest rates. I have realized that in order to be wealthy, I have to ensure that my money works for me. These is because, my salary is quite smaller compared to less amount of money invested over time. In order to keep track of finances, an individual needs to write down all the expenditure in a month. I was able to understand that the financial assessment can help identify areas of wastage and thus plan for the money effectively in forthcoming (Chilton, 10).Additionally, the book offers knowledge on how to save more tax money. Most people require assistance from a tax expert or an control so as to able to identify how to save on tax. Even though, the experts can be of help in offering advice, it is important for a people to fill the 1040 long forms by themselves so as to
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