Author: Mehrsa Baradaran Publisher: Harvard University Press ISBN: 0674982304 Category : Business & Economics Languages : en Pages : 382
Book Description
“Read this book. It explains so much about the moment...Beautiful, heartbreaking work.” —Ta-Nehisi Coates “A deep accounting of how America got to a point where a median white family has 13 times more wealth than the median black family.” —The Atlantic “Extraordinary...Baradaran focuses on a part of the American story that’s often ignored: the way African Americans were locked out of the financial engines that create wealth in America.” —Ezra Klein When the Emancipation Proclamation was signed in 1863, the black community owned less than 1 percent of the total wealth in America. More than 150 years later, that number has barely budged. The Color of Money seeks to explain the stubborn persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. With the civil rights movement in full swing, President Nixon promoted “black capitalism,” a plan to support black banks and minority-owned businesses. But the catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. In this timely and eye-opening account, Baradaran challenges the long-standing belief that black communities could ever really hope to accumulate wealth in a segregated economy. “Black capitalism has not improved the economic lives of black people, and Baradaran deftly explains the reasons why.” —Los Angeles Review of Books “A must read for anyone interested in closing America’s racial wealth gap.” —Black Perspectives
Author: Norm Champ Publisher: McGraw Hill Professional ISBN: 1260452549 Category : Business & Economics Languages : en Pages : 288
Book Description
Overcome debt, make smart money decisions, and build a financially secure future Do you support your family, pay your taxes, get the bills done on time—and yet still struggle to achieve financial security? If so, you’re not alone. About one-third of all Americans have not saved for retirement, another third have no savings at all, and more than half have no budget. How did we get here? Two words: financial illiteracy. As money and finance have become more complex over the decades, the average American has not been able to keep up—in essence, leaving our personal financial decisions up to banks, bureaucrats, policymakers, and even fraudsters. Norm Champ, a former director at the Securities and Exchange Commission (SEC), provides an in-depth primer on how money works, designed just for you—the non-finance reader. Champ shows how to: • Pay off your loans and stay out of debt for the long run • Build savings that will see you through thick and thin • Avoid financial disaster—from bad credit deals to outright scams • Start building a safe, smart investing portfolio Our financial system is easier to grasp than you think—and armed with this new knowledge and insight, you’ll finally take control of your financial future. When you know how money works, you make better financial decisions. It’s that simple. Mastering Money demystifies finance and provides plainspoken, straightforward advice for building a solid financial foundation you can count on in good times and bad.
Author: Sandra Brazelton Publisher: ISBN: Category : Languages : en Pages : 46
Book Description
For most of my 30 plus years of business, I have seen hardworking, honest people strangled by their credit. I have been a certified housing and credit counselor for over 30 years. During this time, I have seen erroneous credit reported on innocent minors due to abuse from family, credit errors, or fraud. I have seen strong income earners with healthy savings accounts and bad credit who choose to allow their accounts to become delinquent even though they have the capacity to pay. Poor credit is one of the largest barriers to wealth-building. The bottom line is whether you like it or not, the credit reporting system is the one system where consumers are considered guilty until they prove themselves innocent.I have seen credit used and abused for items that do not build wealth and that are not needed. I have seen consumers who simply refuse to pay their creditors while other consumers work hard to fulfill their financial commitments with integrity.I have seen consumers with strong integrity who made bad decisions or who did not have the proper information to make good decisions and who now want the blessings of healthy finance.We have a responsibility to understand and share this information so each generation can become better.Money, Wealth, and Credit will empower and inspire you to take control and build wealth with healthy credit.
Author: Morgan Housel Publisher: Harriman House Limited ISBN: 085719769X Category : Business & Economics Languages : en Pages : 209
Book Description
Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people. Money—investing, personal finance, and business decisions—is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important topics.
Author: Josh Ryan-Collins Publisher: ISBN: 9781908506542 Category : Banks and banking Languages : en Pages : 186
Book Description
Based on detailed research and consultation with experts, including the Bank of England, this book reviews theoretical and historical debates on the nature of money and banking and explains the role of the central bank, the Government and the European Union. Following a sell out first edition and reprint, this second edition includes new sections on Libor and quantitative easing in the UK and the sovereign debt crisis in Europe.
Author: Thomas J. Anderson Publisher: John Wiley & Sons ISBN: 1119049296 Category : Business & Economics Languages : en Pages : 278
Book Description
The 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.
Author: Ric Edelman Publisher: Harper Collins ISBN: 0062075721 Category : Business & Economics Languages : en Pages : 739
Book Description
“A single source for what you need to know to put your financial house in order, an impressive piece of work, and very useful.” —Bob Clark, Editor-in-Chief, Dow Jones Investment Advisor Ric Edelman, America’s most successful financial advisor, has revised and updated his classic personal finance bestseller to reflect the new global economic outlook. In his 4th edition of The Truth About Money, Edelman tells you everything you need to know about money—an essential, yet delightfully breezy and accessible, must-read manual for anyone who may have previously sought the financial wisdom of Suze Orman and Jean Chatzky. The Truth About Money is an indispensible guide to money matters from the man whom Barrons named the #1 independent financial advisor in the country.
Author: Suze Orman Publisher: Penguin ISBN: 9781573222976 Category : Business & Economics Languages : en Pages : 412
Book Description
From one of the worlds most trusted experts on personal finance comes a "route planner," identifying easy moves to get young people on the road to financial recovery and within reach of their dreams.
Author: Mehrsa Baradaran
Author: Norm Champ
Author: Jesús Huerta de Soto
Author: Sandra Brazelton
Author: Morgan Housel
Author: Josh Ryan-Collins
Author: Thomas J. Anderson
Author: Arthur J. Keown
Author: Ric Edelman
Author: Suze Orman