Cash Cows, Pigs and Jackpots

Informationen zum Autor David Trahair is a Chartered Accountant who operates as a sole-proprietor, offering a broad range of accounting and tax services to a variety of businesses and individuals. He is a frequent speaker, appears regularly in the media, and is the author of several books, including Enough Bull and Crushing Debt. He is also a previous director of Credit Canada, a non-profit organization dedicated to helping people deal with credit problems. Klappentext A contrarian and controversial look at personal finance, and a super simple strategy for making--and keeping--more moneyTraditional financial wisdom persuades us to grow our net worth and build our assets. But traditional financial wisdom is often wrong. In Cash Cows, Pigs and Jackpots: The Simplest Personal Finance Strategy You'll Ever See, author and Chartered Accountant David Trahair challenges everything we think we know about managing our money, suggesting that that we follow the lead of the financial institutions that are leading us down the path to financial ruin.The banks, brokers, and investment companies of the world make enormous sums of money because they know that cash is king and they know how to guarantee cash flow from their clients on a continual basis. They aren't making the bulk of their money from investing in the stock market--they're leeching it from regular people like you, every minute of every day. Cash Cows, Pigs and Jackpots turns the tables, showing that the biggest cash cow we have is ourselves. Instead of chasing a dream that will never come true, it presents a financial plan so simple even a 10-year-old could understand it.* Explains why the common consensus about making money is inherently flawed* Presents an incredibly simple, easy-to-follow plan for really making and saving money* Exposes the dangers of trusting money to a bank or brokerHelping you break asset addiction, get out of debt, and increase your personal cash flow--and your wealth with it, Cash Cows, Pigs and Jackpots explains how bringing more cash into your life and watching carefully where it goes will allow you to save more, live the life you want, and avoid as much risk as possible--a great strategy going into the stormy financial years to come Zusammenfassung A contrarian and controversial look at personal finance, and a super simple strategy for making and keeping more money Traditional financial wisdom persuades us to grow our net worth and build our assets. But traditional financial wisdom is often wrong. Inhaltsverzeichnis Acknowledgements xii Introduction 1 Cash Is Not King 2 Cash Flow Is King 2 Who Gets Rich Off You 3 It's Not Just Them, It's Us 3 Want to Get Rich Quick? 3 Back to Basics 4 Chapter 1-The Cash Cow Strategy 5 Cash Cows 5 Cash Pigs 6 Cash Jackpots 7 This Is Not a Philosophy; It's About Cash Flow 8 Cows and Pigs Can Change 8 One Person's Pig May Be Another Person's Cow 9 Cash Cow, Pig or Jackpot? 9 A House or Condo 10 Gambling 11 Personal Debt 11 Defined Benefit (DB) Pension Plans 12 Canada Pension Plan and Old Age Security 14 Kids 14 A Bigger View: Government Debt 15 Why Don't People Follow This Basic Strategy? 16 Chapter 2-Taking Care of Your Biggest Cash Cow 17 Your Biggest Cash Cow Is  17 How to Protect Your Biggest Cash Cow 19 Is Your Body Trying to Tell You Something? 19 Are You Eating Well? 20 How Much Exercise Do You Get? 22 How Much Sleep Do You Get? 22 The Value of Hard Work 23 Summing up Healthy Living 24 Chapter 3-Who Wants to Be a Millionaire? 25 What Is "Rich"? 25 Net Worth Is a Lousy Measure of Wealth 25 Mixing Pre-Tax and After-Tax Amounts 26 Ignores Cash Flow 26 Many "Wealthy" People Are Living a...

Product details

• Authors: David Trahair
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Paperback / Softback
• Released: 03.07.2013
• EAN: 9781118083512
• ISBN: 978-1-118-08351-2
• No. of pages: 192
• Subjects: Guides > Law, job, finance > Money, bank, stock market; Social sciences, law, business > Business > Business administration