Though statistics indicate that trillions of dollars will be transferred to the younger generation in the next 50 years, the recipients of that inherited wealth are unlikely to preserve and pass on their inheritance intact. Faced with this prospect, many families today wonder how to successfully transmit to their progeny their own capacity, connections, compassion, and competency that built the original wealth, so that future generations can enjoy these same advantages, and more.

"The Legacy Family," written by two experts in the field, will provide readers with a roadmap for detailing how to leave family wealth and more importantly, legacy, intact. Readers will learn a variety of skills, from how to articulate a collective vision for the future that can be embraced by all family members to the importance of creating a process so that future generations can help each member shape their own future, while nourishing their close family bonds.

This is must reading for any family that wishes to ensure that their future generations have a solid foundation on which to build successful lives.

This book explores China's private lending market from historical, economic, legal, and regulatory perspectives. Private lending refers to moneylending agreements between business borrowers and their debt investors without the involvement of banks. In China, it remains difficult for private entrepreneurs to obtain sufficient loans from state-owned banks. Thus, private lending has been a vital alternative financing channel for over 80 million businesses which are reliant on private funds as their major source of operating capital. The market volume of private financing stands at 5 trillion yuan ($783bn), making it one of the largest shadow banking systems in the world. Despite the wide popularity and systemic importance of private lending activities, they have remained outside of the official regulatory framework, leading to extra financial risks. In 2011, China's private lending sector encountered a severe financial crisis, as thousands of business borrowers failed to repay debts and fell into bankruptcy. Lots of bosses who found it impossible to liquidate debts ran away to hide from creditors. The financial turmoil has caused substantial monetary losses for investors across the country, which triggered social unrest and undermined the financial stability. This book is a timely work intended to demystify China's private lending market by investigating its historical development, operating mechanism, and special characteristics. It evaluates the causes and effects of the latest financial crisis by considering a number of real cases relating to helpless investors and runaway bosses. It conducts an in-depth doctrinal analysis of Chinese laws and regulations regarding private lending transactions. It also examines China's ongoing financial reform to bring underground lending activities under official supervision. Finally, the book points out future development paths for the private lending market. It offers suggestions for global policymakers devising an effective regulatory framework for shadow banking. It appeals to researchers, lecturers, and students in several fields, including law, business, finance, political economy, public policy, and China study.

In this era where dollar value signals moral worth, Daniel Fridman paints a vivid portrait of Americans and Argentinians seeking to transform themselves into people worthy of millions. Following groups who practice the advice from financial success bestsellers, Fridman illustrates how the neoliberal emphasis on responsibility, individualism, and entrepreneurship binds people together with the ropes of aspiration. Freedom from Work delves into a world of financial self-help in which books, seminars, and board games reject "get rich quick" formulas and instead suggest to participants that there is something fundamentally wrong with who they are, and that they must struggle to correct it. Fridman analyzes three groups who exercise principles from Rich Dad, Poor Dad by playing the board game Cashflow and investing in cash-generating assets with the goal of leaving the rat race of employment. Fridman shows that the global economic transformations of the last few decades have been accompanied by popular resources that transform the people trying to survive-and even thrive.

With unique and proven strategies for wealth accumulation, More Wealth, Less Taxes is designed for individuals seeking ways to pay lower taxes during their lifetime-especially during retirement. As a veteran in the financial services industry, Lance Belline knows how essential it is to save strategically and understand how the tax code works. More Wealth, Less Taxes is his guide for anyone who wants to go from "good" to "great" financially. Filled with real-life examples and stories of clients growing their wealth before -and after-they learned of the bucket strategy, Belline's guide helps individuals gain confidence, peace of mind, and clarity of how they should save and invest. His approach is designed for anyone seeking to learn more about potential tax savings, wealth creation, and financial pitfalls to avoid.

Many young musicians will admit they know little about personal finance. They have trouble budgeting what little money they make from their part-time jobs, carry debt incurred by ringing up credit cards on studio equipment they cannot afford, and get lured into using the latest investment apps that have them putting grandma's birthday card money into investments they may not even understand. Even worse, when that rare musician gains financial and career success, they often go on a mad spending spree only to end up completely broke ten years later. You don't want this to happen to you, right? This is why a simple and easy-to-read book written specifically for musicians about personal finance is so vital to understanding and success. Written by a 30-year expert in the music business together with a 30-year specialist in the investment industry, Personal Finance for Musicians provides a brief overview of everything you should have learned in school but didn't. Topics include: developing the right mind-set, paying-off debt, budgeting and saving, building credit, dealing with banks, paying taxes, insuring your assets, understanding investments, examining music revenue streams, learning the lingo, seeking financial help, avoiding financial noise, and more. This book provides an excellent introduction for musicians whose knowledge is limited or who are new to the critically important subject of personal finance. The objective is to help put you on the right track to better financial health and inspire you to learn more without intimidating you, or even worse-boring you.

"Do you sign your tax returns without reading them?
Do you leave all the investment decisions up to your husband?
Do you ever look at your bank and brokerage statements?
Do you know who owns your insurance policies?
Have you even met "your husband's" financial advisors?"

If you answered "yes" to the first three questions and "no" to the last two, you leave the business side of your marriage up to your husband. Should your prince ever fall off his horse-by death, disability, or divorce-you and your children will be left in a precarious position.

Unfortunately, the odds are against you. Most husbands die before their wives and more than 50 percent of marriages end in divorce. Yet many women don't get involved in their family's financial planning because their husbands take care of it, they think it's too complicated for them to understand, or they just don't want to bother.

This book explains why you "should" "bother," what you need to know, and how to get involved. Ms. Cohan guides you through the subjects of cash management, insurance, taxes, investing, and retirement and estate planning using simple and entertaining principles. The effort will return significant dividends-for yourself, your marriage, and your children.

Don't leave the success of your investment up to a visit to your accountant once a year -- this book could save you hundreds

In print for over 10 years, "Rental Property and Taxation "debunks the many myths surrounding tax and real estate investment, and takes an objective look at how a loss from a rental property can affect your tax situation.

In this fully updated fourth edition, practising accountant Tony Compton arms rental property owners and would-be owners with the information they need to be better informed about tax as it relates to their own circumstances. It covers all aspects of rental property ownership, including: allowable deductionsdecline in value and construction cost write-offsnegative and positive gearingrecord keepingstructures and ownership, and more

With its plain-English explanations, real-life case studies and the latest updates to tax laws, "Rental Property and Taxation "will take the 'buy now and hope for the best' factor out of tax planning for rental property investments.

Everyone faces big questions when it comes to money: questions about saving, investing, and whether you're getting it right with your finances. Unfortunately, many of the answers provided by the financial industry have been based on belief and conjecture rather than data and evidence-until now. In Just Keep Buying, hugely popular finance blogger Nick Maggiulli crunches the numbers to answer the biggest questions in personal finance and investing, while providing you with proven ways to build your wealth right away. You will learn why you need to save less than you think; why saving up cash to buy market dips isn't a good idea; how to survive (and thrive) during a market crash; and much more. By following the strategies revealed here, you can act smarter and live richer each and every day. It's time to take the next step in your wealth-building journey. It's time to Just Keep Buying.

Nicole Lapin gets into the nitty gritty of stocks and bonds, touching on how people talk about them and how they can invest in them as part of their investment portfolio.

Are you a material girl? The truth is that, as women, we all have a unique relationship with money. We strive for financial security to support our family, ensure we can retire comfortably, create independence separate from our partners, and along the way, buy some nice purses. As much as we are motivated to make money, we often do not consider the crucial relationship between what we do today and how it WILL impact our life tomorrow. From your Roaring 20's, to your Thrifty 30's, and all the way to your (hopefully) Smooth 60's, The Money Queen Guide will work to guide you through each of these financial decades and provide insight and detailed guidance into the steps you can take, and the decision you should make to build a financially responsible future. Financial security is an exciting journey we can take together. So pack your purse and get ready for the ride . . .

The definitive introduction to FOREX trading

"Getting Started in Currency Trading, Fourth Edition" is both an introduction and a reference manual for beginning and intermediate traders. Starting with a description of the Foreign Exchange (FOREX) market and a brief history, the book includes an invaluable section made up of relevant FOREX terms clearly defined using examples. The FOREX market has grown substantially and evolved dramatically in recent years, and this new edition is designed to help the reader to adapt and take advantage of these changes.

Including coverage of how to open a trading account, a step-by-step walk through the physical processes of placing and liquidating currency orders, and information on trading strategy and tactics complete with fundamental and technical analysis, the book has everything needed to assist the trader in the decision making process.New edition is revised and expanded to take into account all of the recent changes in the currency marketNow includes a step-by-step introduction for the new trader and additional material on regulationFOREX arithmetic calculations are presented in a clear, easy to understand way Recommendations, guidelines, and caveats appear throughout the book

This new edition of "Getting Started in Currency Trading" contains significant new information, including a chapter on computers and FOREX, managed FOREX, and new information about regulation, alongside the author's successful trading plan, designed to help the reader put it all together.

Are you tired of living paycheck-to-paycheck, being broke and in debt, and watching everyone else become independently wealthy? Well, you've come to the right place. Many musicians will admit they know little about personal finance. In Personal Finance for Musicians, music industry and finance experts Bobby Borg and Britt Halsey coach you on how to: Make and save money Increase your credit score Protect yourself from identity theft Get out of debt Understand investment apps Invest responsibly Protect your assets Build a "freedom fund" for the future Limit your tax liability And so much more... With step-by-step action tips and short digestible chapters that can be read in any order, this book is presented in a no-nonsense, easy-to-read style that any musician can grasp. The objective is to educate and inspire you, without intimidating, or even worse-boring you. Let this book be your guide to financial success today!

It's time to say goodbye to the tired financial advice that has lost Americans Trillions of dollars in wealth. Contrary to what the Wall Street propaganda machine would have you believe....there's no need to risk your hard earned money in order to grow wealthy.
Within these pages you'll learn the "Safe Money Millionaire" plan that can grow your wealth safely and protect you against the ravages of unknown future tax liabilities. Plus you'll learn how to "Finance Yourself To Wealth" and reduce or eliminate the amount of interest you pay to banks and credit card companies.
Here's What You'll Discover:
* How you could add $800,000 to over 1 Million dollars to your family's wealth with a simple, predictable plan, without risk in the market.
* Why financial guru's and Wall Street don't promote this 100 Year old secret to safe money wealth.
* A safe place to shelter your hard earn retirement savings from future market crashes.
* The shocking truth about rates of return, and why a higher 'rate of return' doesn't mean you are getting wealthier
* How to "Finance Yourself To Wealth" and reduce or eliminate the interest you pay to banks and credit card companies.
* What a Bank Robber named Willy Sutton teaches about who is really out to confiscate your wealth.
* The secrets most people never know about the giant tax bite you could pay on your 401(k) savings. (You could end up paying 5 times more in taxes than you'll save )
* Financial Guru's Exposed: Suze Orman practice what she preaches? Jim "Mad Money" Cramer's advice make people money?
* Why John D. Rockefeller said "If I had to give any advice, it would be to keep out of Wall Street"
* How fee's could be ravaging your 401(k) and Mutual Funds costing you thousands of dollars and years of retirement.

Is the financial plan of mediocrity -- a dream-stealing, soul-sucking dogma known as "The Slowlane" your plan for creating wealth? You know how it goes; it sounds a little something like this: "Go to school, get a good job, save 10% of your paycheck, buy a used car, cancel the movie channels, quit drinking expensive Starbucks lattes, save and penny-pinch your life away, trust your life-savings to the stock market, and one day, when you are oh, say, 65 years old, you can retire rich." The mainstream financial gurus have sold you blindly down the river to a great financial gamble: You've been hoodwinked to believe that wealth can be created by recklessly trusting in the uncontrollable and unpredictable markets: the housing market, the stock market, and the job market. This impotent financial gamble dubiously promises wealth in a wheelchair -- sacrifice your adult life for a financial plan that reaps dividends in the twilight of life. Accept the Slowlane as your blueprint for wealth and your financial future will blow carelessly asunder on a sailboat of HOPE: HOPE you can find a job and keep it, HOPE the stock market doesn't tank, HOPE the economy rebounds, HOPE, HOPE, and HOPE. Do you really want HOPE to be the centerpiece for your family's financial plan? Drive the Slowlane road and you will find your life deteriorate into a miserable exhibition about what you cannot do, versus what you can. For those who don't want a lifetime subscription to mediocrity and a slight chance of elderly riches, there is an alternative; an expressway to extraordinary wealth that can burn a trail to financial independence faster than any road out there. -- Why jobs, 401(k)s, mutual funds, and 40-years of mindless frugality will never make you rich young. -- Why most entrepreneurs fail and how to immediately put the odds in your favor. -- The real law of wealth: Leverage this and wealth has no choice but to be magnetized to you. -- The leading cause of poorness: Change this and you change everything. --How the rich really get rich - and no, it has nothing to do with a paycheck or a 401K match. -- Why the guru's grand deity - compound interest - is an impotent wealth accelerator. -- Why the guru myth of "do what you love" will most likely keep you poor, not rich. -- And 250] more poverty busting distinctions.

Realize your real estate dreams with this revised and updated guide from a bestselling author—and discover the creative financing strategies that savvy investors are using to do more deals, more often.

No matter how much money you have in your checking account, there is always real estate you can’t afford. But the contents of your wallet don’t have to define your future! This book will show you how to leverage other people’s money and capital to get amazing returns on your initial investment.

Active real estate investor and longtime co-host of The BiggerPockets Podcast, Brandon Turner, will show you the multiple financing methods that professional investors use to tap into current real estate markets. You’ll not only be able to navigate the world of creative real estate finance, but you’ll also get more mileage out of any real estate investment strategy.

Financing deals just got easier―learn how to be a smart investor by using creativity, not cash!

Inside, you’ll discover:

• The truth about no-money-down investing―Learn the mindset that successful investors use.
• How to get started investing in real estate―Learn the best strategies for getting your feet wet without paying thousands!
• Numerous strategies to mix and match―Creative investing requires a creative mind.
• How to attract private money, lenders, and partners―Become a magnet for millionaires’ investments.
• The ugly side of creative investing―Learn how to spot and overcome the downsides of the strategies mentioned in this book
• Strategies for wholesaling, flipping, rentals, and more―Find success no matter what niche you plan to use to build your real estate empire.

Estate planning has more procrastination, indecision, and inertia associated with it than any other area of planning. Affluent baby boomers, in particular, as the beneficiaries of the largest intergenerational transfer of wealth in history, have a daunting set of financial concerns with which to contend. Here at last is a step-by-step approach to estate planning that equips planners and financial advisors to help clients tackle this important process once and for all.

Most clients understandably find planning concepts and strategies confusing, but most also have a fairly sound understanding of who and what is most important to them. These are the priorities from which to build the foundation of a successful estate plan. The seven principles explored in this book use personal values as a basis to form The Legacy Planning System^TM. With this approach, advisors can:

• Help clients discover and solidify their deepest values, convictions, and objectives relative to their money
• Help clients express those values and objectives in a clearly written Family Financial Philosophy mission statement
• Serve as the team leader in advising clients and clients’ other advisors on how to use the mission statement to direct the planning process

Clarifying your clients’ priorities and personal goals will enable you, as a trusted advisor, to simplify the planning process for clients, ensure their lifetime financial independence, and help them control their ultimate family and social capital legacies. Confronting issues of family dynamics, taxes, and financial situations—not to mention accepting one’s own mortality—is difficult for many people. In addition, since estate planning often requires a shift in ownership of assets, clients feel an unsettling loss of privacy and control over their financial resources. Help your clients to overcome these obstacles and achieve their highest financial and philanthropic aspirations. They’ll thank you for generations to come.

Praise for Values-Based Estate Planning

"Scott Fithian’s book provides planning professionals with new insights into the estate planning process. Most importantly, he stresses the individual and family benefits of philanthropy—through the concept of social capital—which should be a key element to the planner’s inventory of client questions."—Charles W. Collier, Senior Philanthropic Advisor, Harvard University

"This exceptional book empowers planners with a well- organized roadmap to lead wealthy clients to implementation of an estate plan expressing the clients’ own values. Scott Fithian’s Legacy Planning System focuses the advisor on the critical importance to the estate planning process of helping clients identify and articulate their values and objectives. This useful volume makes those ideas available to a much broader audience, while broadening the subject with illustrations of effective employment of the methodology he has developed."—David Wheeler Newman, JD, LLM, Mitchell, Silberberg & Knupp LLP

"Fithian’s view of the complete person helps the advanced advisor avoid the typical limitations (hazards) of planning for wealthy families. The easy-to-understand and easy-to-follow methods help determine in-depth values of the client’s total financial goals. His methods result in cementing valuable relationships with the most prized clients. Critical reading for CPAs, attorneys, insurance agents, or other advisors." & mdash;Jessica M. Bibliowicz, President and CEO, National Financial Partners

"Scott’s wealth optimization system is truly revolutionary. For the first time, affluent clients and their advisors can rely on a fully integrated system that spans all phases of wealth accumulation, management, and transfer over time. An outstanding reference!"—Robert Keys, The Private Client Group

People often do not fully understand the consequences of their choices when it comes to their money, leaving them vulnerable to overspending and financial crises. Financial literacy contributes to alleviating this problem. Good financial decision making has a positive influence on overall wellbeing, allowing people to maximise their opportunities and lead more fulfilling lives. Personal finance teaches individuals financial skills so that they can manage their money better.

Personal finance encompasses many areas and core topics such as decision making, cash-flow management, savings, credit, debt, housing and planning for the future. Useful websites and appendices are provided for additional information and reading.

Jessi Fearon vividly remembers the day she broke down, knowing that her family could not pay the bills with a second baby on the way. Like many Americans, they were overwhelmed by debt and living paycheck to paycheck, wondering if it was possible to ever get ahead, or even catch up. But on that day, something changed, and she and her husband decided to make a drastic lifestyle change that would put them back on the path toward their dreams.

Their decision not only allowed her to stay home with their children, but in two years, they were able to pay off their consumer debt and, in six years, they paid off their home mortgage--all on their $47,000-a-year income. And now she shares what she's learned with others who are struggling just like she once did.

Getting Good with Money is written for the busy, overwhelmed reader who wants to manage the money she does have while still giving her family a good life, even if she doesn't have a finance degree or a six-figure income.

With been-there wisdom and step-by-step help, Jessi shows readers how to:

• Take control of their finances with practical first steps to budgeting and understanding debt
• Identify the four different ways people struggle with money and how each one affects the way they manage--or mismanage--their money
• Replace the lies they've believed about money with the five Money Truths to overcome barriers and better understand how to make their version of the American Dream a reality
• Discover various money-saving apps, financial tips, and ideas for generating additional income to pay off debt more quickly

Getting Good with Money will inspire, encourage, and equip readers to achieve the real-life changes they need. More than just a "how to budget" book, this is a comprehensive roadmap to financial freedom from an average family making things work on a middle-class salary.

The Millionaire Master Plan is a unique and fresh approach as to how individuals can not only get a sense of where they stand on the spectrum of personal wealth, but more importantly, how they can learn to ascend from their present state to a higher level.

Roger James Hamilton, himself a highly successful entrepreneur and successful investor, has designed nine steps - from barely surviving - all the way to the highest level of ultimate wealth for life - and he lays out his nine steps in an easy-to-understand color-coded manner that ranges from red (barely living paycheck-to-paycheck) all the way to ultra-violet (where generating income is simply no longer a worry).

Along the way, the reader first takes a quick test to determine where one is on the financial spectrum, and then Hamilton provides key insights and practical tips as to how one can progress to the next level. You track your progress by ascending from one color to the next.

Managing your lifecycle in business is the same as flying an aircraft. You initially add some fuel before starting up, you fuel the business with revenue and capital induction as you ascend, you fly along your intended course, and ultimately you bring it in for a safe landing as you exit with a handful of cash. Sounds simple, though the vast majority of businesses fail somewhere along their flight path and face an emergency off-airport landing or worse. The question is, why does this happen to so many small to mid-sized business owners? The reason is simply pilot error, just like in flying. Through a series of distractions, adverse conditions, or fuel starvation, we find ourselves with red indicators. The real problem is a pure lack of experience and formal training. This handbook will assist you in navigating your small to mid-sized business through key employee identification, succession planning, and ultimately value extraction. By using this handbook as a guide to running your business, you will have an appreciation for the need to run your business with an exit strategy in mind. In the end, there are only two options: Succession or Failure.