Basic Financial Literacy (For Review Only)

Contents Preface .................................................................................... ix 1. Opening Your Mind to What You Want ............... 1 2. Your Guide to SMART Financial Goals .............. 11 3. Budgeting and Expense Management ............... 17 4. Making Regular Saving a Priority ....................... 22 5. Distinct Approaches to Wealth ........................... 29 6. Understanding Credit: Like It or Not ................. 35 7. The Strategic Edge: Debt in Wealth Building .. 50 8. Embracing Lifelong Financial Learning ............ 57 9. Retirement Planning Simplified ......................... 61 10. Demystifying Tax Planning .................................. 70 11. Insurance Planning ................................................ 80 12. Estate Planning ....................................................... 86 13. Navigating Risk ....................................................... 92 14. Long-Term Perspective ......................................... 98 15. Professional Guidance ......................................... 103 16. Regular Review ..................................................... 109 17. Staying Disciplined ............................................... 114 18. Embarking on a Lifelong Journey ..................... 120 Suggested Readings ...................................................... 124 About the Authors ......................................................... 127

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