Book : Family Inc. Using Business Principles To Maximize...

-Titulo Original : Family Inc. Using Business Principles To Maximize Your Familys Wealth

-Fabricante :

Wiley

-Descripcion Original:

Actionable, intelligent CFO training for the Chief Family Financial OfficerFamily Inc. is a roadmap to financial security for the family CFO. Too much personal wealth management advice essentially boils down to goal-setting, which isnt helpful or effective in terms of overall financial planning. This book takes a different track, giving you a crash course in corporate finance and the tools to apply the fields proven, time-tested principles in the context of your familys financial situation. Youll learn the key principles of wealth creation and management, and learn how to make your intellectual and real capital work for you. Your family situation is unique, and your principles must sometimes differ from the standard financial advice-and thats okay. Life is not a template, and even the best strategy must be able to adapt to real-life situations. Youll learn to chart your own path to financial security, utilizing the authors own tools that he developed over 15 years as an active board member, chairman of the board, or chief financial officer of multiple companies. Oversimplified wealth management advice does not leave you equipped to manage your real-world finances. This guide is written with intellectual rigor, but in the language of family discussion, to give you a real, practical guide to being an effective family CFO. Create your own financial prosperity and securityAlign financial acumen with your familys specific situationAdapt to real-world situations and make your financial advisor work for youUtilize powerful financial tools to help you build financial independenceEvery family needs a CFO to manage wealth, and the principles of corporate finance apply from the boardroom to the living room. Family Inc. delivers actionable advice in the form of CFO training to help you plot a real-world family financial plan. From the Inside Flap Praise for FamilyInc.Financial illiteracy is not only an individual problem; it is a threat to our national welfare and global competitiveness. In todays world, its more important than ever for individuals and families to understand how to create financial independence and security. Family Inc. offers a new perspective on personal financial security, applying time-tested business principles to real-world family situations.-Carlos Gutierrez, 35th U.S. Secretary of Commerce; Former Chairman and CEO of the Kellogg CompanyPersonal finance books have always had a problem. The people who know what they are talking about cant write. And the people who can write are often charlatans. Not any longer. Family Inc. delivers something that families across the country desperately need: a clear, accessible guide to making financial decisions based on the best available data and research. No gimmicks, no get-rich schemes-just sensible and intellectually honest guidance for making good financial decisions at every stage of life.-Charles Wheelan, author of Naked Economics and Naked Statistics; Professor at Dartmouth UniversityBy taking a different perspective-seeing a familys full financial situation the way an experienced private equity investor would-McCormick shows us how to appreciate the full range of our choices and opportunities as a family CFO. Family Inc. is an easy read which offers a solid blueprint for making sound financial decisions.-Charles D. Ellis, Author of Winning the Losers Game and The Elements of InvestingFamily Inc. provides a fresh perspective for the important financial decisions that families face at each stage of their lives. I particularly like the chapters on career choices and on family budgeting. Readers will learn how to approach personal budgeting and investment decisions as dispassionately as any business would.-Richard C. Marston, Professor of Finance and Director of Private Wealth Management Program, Wharton School, and author of Portfolio Design and Investing for a LifetimeMcCormick makes a compelling case that at some