{"product_id":"wealth-building-essentials-for-dummies-isbn-9781394326198","title":"Wealth Building Essentials For Dummies","description":"\u003cp\u003e\u003cb\u003eThe quick-and-easy guide to unlocking the potential of your income\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eBuilding Wealth Essentials For Dummies\u003c\/i\u003e is your go-to guide for learning the key concepts involved in growing your finances, no matter where you're starting. Small and value priced for the budget conscious, this book breaks down investing, taxes, retirement planning, and all the other wealth-building fundamentals you need to know. Each section gives you tips and strategies you can use to increase your net worth. Investment strategies, real estate advice, retirement account basics—and everything you need to make sure you're not getting too risky with your money. Make a plan and stay on track for your savings goal, with easy-to-understand information and guidance in this Essentials guide. \u003c\/p\u003e\u003cul\u003e \u003cli\u003eGet to-the-point information on saving, investing, and managing your money\u003c\/li\u003e \u003cli\u003eDiscover strategies for building wealth and increasing net worth faster\u003c\/li\u003e \u003cli\u003eEasily reference details on retirement accounts and other money matters\u003c\/li\u003e \u003cli\u003eEnsure you're making smart decisions with risk management and spending tips\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eBuilding Wealth Essentials For Dummies\u003c\/i\u003e is a great buy for personal finance beginners who are ready to start putting their money to work.  \u003c\/p\u003e\u003cp\u003eYour path to profitable, purpose-driven sales starts here. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eIntroduction 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAbout This Book 1\u003c\/p\u003e \u003cp\u003eFoolish Assumptions 2\u003c\/p\u003e \u003cp\u003eIcons Used in This Book 2\u003c\/p\u003e \u003cp\u003eWhere to Go from Here 3\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: Developing a Wealth Mindset 5\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFocusing on Abundance 5\u003c\/p\u003e \u003cp\u003eAvoiding a scarcity mindset 6\u003c\/p\u003e \u003cp\u003eBalancing spending and saving 7\u003c\/p\u003e \u003cp\u003eRemembering that wealth is about more than numbers 10\u003c\/p\u003e \u003cp\u003eDeveloping a Wealth Mindset Toward Debt 11\u003c\/p\u003e \u003cp\u003eAvoiding bad debt 11\u003c\/p\u003e \u003cp\u003eAssessing good debt: Can you get too much? 12\u003c\/p\u003e \u003cp\u003eKicking a credit card habit 13\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Practicing Mindful Spending 15\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKeeping Lifestyle Inflation in Check 15\u003c\/p\u003e \u003cp\u003eThinking like a saver 16\u003c\/p\u003e \u003cp\u003eLiving within your means 17\u003c\/p\u003e \u003cp\u003eTurning your back on consumer credit 18\u003c\/p\u003e \u003cp\u003eRepaying your debt 19\u003c\/p\u003e \u003cp\u003eAvoiding the “More Money, More Stuff” Trap 20\u003c\/p\u003e \u003cp\u003eHousing expenses 21\u003c\/p\u003e \u003cp\u003eLowering your energy costs 22\u003c\/p\u003e \u003cp\u003eTrimming your taxes 23\u003c\/p\u003e \u003cp\u003eKeeping an eye on insurance premiums 23\u003c\/p\u003e \u003cp\u003eManaging medical expenses 24\u003c\/p\u003e \u003cp\u003eSpending less on cars and transportation 25\u003c\/p\u003e \u003cp\u003eConsidering kid-related expenses 26\u003c\/p\u003e \u003cp\u003eSaving on food and dining 26\u003c\/p\u003e \u003cp\u003eReducing phone bills 26\u003c\/p\u003e \u003cp\u003eShopping for technology 27\u003c\/p\u003e \u003cp\u003eFinding affordable recreation and entertainment 27\u003c\/p\u003e \u003cp\u003eReducing clothing expenses 27\u003c\/p\u003e \u003cp\u003ePaying for hair care and other personal-care services 28\u003c\/p\u003e \u003cp\u003eReducing health club expenses 28\u003c\/p\u003e \u003cp\u003eTable of Contents iii\u003c\/p\u003e \u003cp\u003eBuying gifts 29\u003c\/p\u003e \u003cp\u003eCharitable contributions 29\u003c\/p\u003e \u003cp\u003eVacations 29\u003c\/p\u003e \u003cp\u003eParing down professional expenses 30\u003c\/p\u003e \u003cp\u003eCostly addictions 30\u003c\/p\u003e \u003cp\u003eGambling 30\u003c\/p\u003e \u003cp\u003eBudgeting: Yes, You Need a Financial Plan 31\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: Exploring Winning Investment Strategies 33\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCompound Interest: The Eighth Wonder of the World 33\u003c\/p\u003e \u003cp\u003eUnderstanding the primary investments 34\u003c\/p\u003e \u003cp\u003eShunning gambling and “get rich quick” vehicles 36\u003c\/p\u003e \u003cp\u003eUnderstanding investment returns 37\u003c\/p\u003e \u003cp\u003eLeaving you with some final advice 38\u003c\/p\u003e \u003cp\u003eExploring Bonds and Other Lending Investments 39\u003c\/p\u003e \u003cp\u003eDeciding between individual bonds and bond funds 39\u003c\/p\u003e \u003cp\u003eObtaining bond prices 40\u003c\/p\u003e \u003cp\u003ePurchasing Treasuries 40\u003c\/p\u003e \u003cp\u003eShopping for other individual bonds 41\u003c\/p\u003e \u003cp\u003eConsidering other lending investments 42\u003c\/p\u003e \u003cp\u003eInvesting in Mutual Funds and Exchange-Traded Funds 43\u003c\/p\u003e \u003cp\u003eExploring various fund types 45\u003c\/p\u003e \u003cp\u003eDeciphering your fund’s performance 52\u003c\/p\u003e \u003cp\u003eCreating your fund portfolio with asset allocation 53\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Managing Risk Like a Pro 57\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding Investment Risks 57\u003c\/p\u003e \u003cp\u003eComparing the risks of stocks and bonds 58\u003c\/p\u003e \u003cp\u003eFocusing on the risks you can control 59\u003c\/p\u003e \u003cp\u003eDiversifying Your Investments 60\u003c\/p\u003e \u003cp\u003eSticking with your allocations: Don’t trade 61\u003c\/p\u003e \u003cp\u003eInvesting lump sums via dollar-cost averaging 61\u003c\/p\u003e \u003cp\u003eBuying and Selling Stocks 63\u003c\/p\u003e \u003cp\u003eDefining “The Market” 63\u003c\/p\u003e \u003cp\u003eBuying stocks via mutual funds and exchange-traded funds 66\u003c\/p\u003e \u003cp\u003eUsing hedge funds and privately managed funds 68\u003c\/p\u003e \u003cp\u003eSelecting individual stocks yourself 68\u003c\/p\u003e \u003cp\u003eSpotting the right times to buy and sell 70\u003c\/p\u003e \u003cp\u003eAvoiding problematic stock-buying practices 70\u003c\/p\u003e \u003cp\u003eProven investment strategies 72\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: Investing in a Small Business 75\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOwning a Small Business 75\u003c\/p\u003e \u003cp\u003eThe reasons to own 76\u003c\/p\u003e \u003cp\u003eThe reasons not to own 77\u003c\/p\u003e \u003cp\u003eStarting Your Own Small Business 79\u003c\/p\u003e \u003cp\u003eYou as the sole owner 79\u003c\/p\u003e \u003cp\u003eSharing ownership 80\u003c\/p\u003e \u003cp\u003eDeciding between sole and shared ownership 81\u003c\/p\u003e \u003cp\u003eGoing public: Cashing in 83\u003c\/p\u003e \u003cp\u003eDetermining your start-up cash needs 83\u003c\/p\u003e \u003cp\u003eBuying an Existing Business 85\u003c\/p\u003e \u003cp\u003eUnderstanding why to buy a business 85\u003c\/p\u003e \u003cp\u003eKnowing when you shouldn’t buy 87\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: Raking in Profits from Real Estate 89\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHomeownership: Building Equity One Brick at a Time 90\u003c\/p\u003e \u003cp\u003eWeighing the pros and cons of ownership 91\u003c\/p\u003e \u003cp\u003eKnowing when to buy 92\u003c\/p\u003e \u003cp\u003eRecouping transaction costs 93\u003c\/p\u003e \u003cp\u003eDeciding how much to spend 95\u003c\/p\u003e \u003cp\u003eDetermining your down payment 95\u003c\/p\u003e \u003cp\u003eSelecting your property type 97\u003c\/p\u003e \u003cp\u003eBuilding Wealth through Real Estate Investing 99\u003c\/p\u003e \u003cp\u003eRecognizing the drawbacks of real estate investing 102\u003c\/p\u003e \u003cp\u003eComparing real estate to other investments 104\u003c\/p\u003e \u003cp\u003eConsidering REITs (Real Estate Investment Trusts) 109\u003c\/p\u003e \u003cp\u003eDistinguishing between public and private REITs 110\u003c\/p\u003e \u003cp\u003eTaking a look at performance 111\u003c\/p\u003e \u003cp\u003eInvesting in REIT funds 111\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Cutting Your Taxes (Keeping More of What You Earn) 113\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eReducing Taxes on Work Income 114\u003c\/p\u003e \u003cp\u003eContributing to retirement investment plans 114\u003c\/p\u003e \u003cp\u003eUsing health savings accounts 115\u003c\/p\u003e \u003cp\u003eShifting some income 116\u003c\/p\u003e \u003cp\u003eIncreasing Your Deductions 116\u003c\/p\u003e \u003cp\u003eChoosing standard or itemized deductions 116\u003c\/p\u003e \u003cp\u003ePurchasing real estate 117\u003c\/p\u003e \u003cp\u003eTrading consumer debt for mortgage debt 117\u003c\/p\u003e \u003cp\u003eContributing to charities 118\u003c\/p\u003e \u003cp\u003eRemembering auto registration fees and state insurance 119\u003c\/p\u003e \u003cp\u003eDeducting self-employment expenses 119\u003c\/p\u003e \u003cp\u003eEnlisting education tax breaks 120\u003c\/p\u003e \u003cp\u003eMaking Tax-Wise Personal Finance Decisions 121\u003c\/p\u003e \u003cp\u003eTaming your taxes in non-retirement accounts 122\u003c\/p\u003e \u003cp\u003eAvoiding taxing mistakes 125\u003c\/p\u003e \u003cp\u003eHiring a tax professional 130\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Planning Financial Independence 135\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGrasping the Keys to Successful Retirement Planning 135\u003c\/p\u003e \u003cp\u003eSaving drives wealth 136\u003c\/p\u003e \u003cp\u003eKeeping your balance 136\u003c\/p\u003e \u003cp\u003eUnderstanding that planning is a process 137\u003c\/p\u003e \u003cp\u003eFiguring Out When You Can Stop Punching the Clock 138\u003c\/p\u003e \u003cp\u003eKnowing How Much You Really Need for Retirement 139\u003c\/p\u003e \u003cp\u003eEyeing the components of your retirement plan 140\u003c\/p\u003e \u003cp\u003eCrunching the numbers 142\u003c\/p\u003e \u003cp\u003eMaking the numbers work 144\u003c\/p\u003e \u003cp\u003eDealing with excess money 144\u003c\/p\u003e \u003cp\u003eChariots of Freedom: Your Retirement Accounts 145\u003c\/p\u003e \u003cp\u003eGetting the Most from Your Retirement Accounts 148\u003c\/p\u003e \u003cp\u003ePrioritizing retirement contributions 148\u003c\/p\u003e \u003cp\u003eSetting up a retirement account 149\u003c\/p\u003e \u003cp\u003eAllocating money with employer-selected options 149\u003c\/p\u003e \u003cp\u003eAllocating money in plans you design 154\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Leaving a Legacy 159\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding Estate Planning 159\u003c\/p\u003e \u003cp\u003eStudying some strategies before starting your estate plan 163\u003c\/p\u003e \u003cp\u003eWhy everyone needs a will 167\u003c\/p\u003e \u003cp\u003eAvoiding probate through living trusts 168\u003c\/p\u003e \u003cp\u003ePower of attorney: Appointing your financial sidekick 169\u003c\/p\u003e \u003cp\u003eAnswering Key Questions to Gather Critical Information 170\u003c\/p\u003e \u003cp\u003eDecreasing Your Estate Taxes 172\u003c\/p\u003e \u003cp\u003eUsing trusts to reduce estate taxes 174\u003c\/p\u003e \u003cp\u003eGiving charitable gifts 179\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Ten Keys to Successful Fund Investing 181\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMinimizing Costs 181\u003c\/p\u003e \u003cp\u003eEvaluating Historic Performance 182\u003c\/p\u003e \u003cp\u003eSticking with Experience 183\u003c\/p\u003e \u003cp\u003eConsidering Index Funds 183\u003c\/p\u003e \u003cp\u003eSteering Clear of Leveraged and Inverse Exchange- Traded Funds 184\u003c\/p\u003e \u003cp\u003eReading Prospectuses and Annual Reports 185\u003c\/p\u003e \u003cp\u003eAssessing Fund Manager and Fund Family Reputations 186\u003c\/p\u003e \u003cp\u003eRating Tax Friendliness 186\u003c\/p\u003e \u003cp\u003eDetermining Your Needs and Goals 187\u003c\/p\u003e \u003cp\u003eTuning Out the Noise 188\u003c\/p\u003e \u003cp\u003eIndex 189\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eEric Tyson\u003c\/b\u003e is a veteran financial counsel or who has dedicated his life to helping people achieve financial success. He is the author of many best- selling titles including \u003ci\u003ePersonal Finance For Dummies\u003c\/i\u003e, \u003ci\u003eInvesting For Dummies\u003c\/i\u003e, and \u003ci\u003eReal Estate Investing For Dummies\u003c\/i\u003e. This book includes insight from Eric’s expert co-authors: Bob Carlson (\u003ci\u003ePersonal Finance After 50 For Dummies\u003c\/i\u003e), Robert S. Griswold, MSBA, CRE, CPM (\u003ci\u003eReal Estate Investing For Dummies\u003c\/i\u003e), Margaret Atkins Munro, EA (\u003ci\u003eTaxes For Dummies\u003c\/i\u003e), and Jim Schell (\u003ci\u003eSmall Business For Dummies\u003c\/i\u003e).   \u003c\/p\u003e\u003cp\u003e\u003cb\u003eA pocket-sized guide to building lasting wealth\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eThere are a lot of opinions out there on how to increase your net worth, but what’s the real story? This to-the-point guide gives you the must-knows, leaving out all the unnecessary stuff, so you can start bulking up your assets. Learn how to build a mindset toward wealth, pick smart investments, pursue revenue-building opportunities, and mitigate risk. Flip through this book for advice that will soon lead to bigger balances and a brighter financial future. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eInside… \u003cul\u003e\n\u003cli\u003eThinking like the wealthy\u003c\/li\u003e \u003cli\u003eControlling spending\u003c\/li\u003e \u003cli\u003eGrasping investment opportunities\u003c\/li\u003e \u003cli\u003eManaging risk\u003c\/li\u003e \u003cli\u003eConsidering business ownership\u003c\/li\u003e \u003cli\u003ePutting money in real estate\u003c\/li\u003e \u003cli\u003eDecreasing tax burdens\u003c\/li\u003e \u003cli\u003ePlanning for the future\u003c\/li\u003e\n\u003c\/ul\u003e\u003c\/b\u003e\u003c\/p\u003e","brand":"For Dummies","offers":[{"title":"Default Title","offer_id":47990470639845,"sku":"NP9781394326198","price":16.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781394326198.jpg?v=1761787957","url":"https:\/\/k12savings.com\/es\/products\/wealth-building-essentials-for-dummies-isbn-9781394326198","provider":"K12savings","version":"1.0","type":"link"}