Smart Money, Bright Future: Financial Basics for All Ages
Josef Malone
This audiobook is narrated by a digital voice.
Are you ready to take control of your financial future? "Smart Money, Bright Future" guides you through the essential steps to building financial literacy for all ages. Learn the fundamentals of budgeting, saving, and investing while discovering age-specific strategies that cater to your evolving needs. Whether you're a teenager starting to earn an allowance, a young adult navigating student loans, or a seasoned individual planning for retirement, this book provides practical advice and valuable insights. Explore essential topics such as understanding credit, building a retirement portfolio, and protecting your assets from scams. Empower yourself with the knowledge to make informed financial decisions, avoid common pitfalls, and set yourself on a path towards a secure and prosperous future.
Duration - 3h 26m.
Author - Josef Malone.
Narrator - Digital Voice Marcus G.
Published Date - Sunday, 19 January 2025.
Copyright - © 2024 Jost Allmeling ©.
Location:
United States
Description:
This audiobook is narrated by a digital voice. Are you ready to take control of your financial future? "Smart Money, Bright Future" guides you through the essential steps to building financial literacy for all ages. Learn the fundamentals of budgeting, saving, and investing while discovering age-specific strategies that cater to your evolving needs. Whether you're a teenager starting to earn an allowance, a young adult navigating student loans, or a seasoned individual planning for retirement, this book provides practical advice and valuable insights. Explore essential topics such as understanding credit, building a retirement portfolio, and protecting your assets from scams. Empower yourself with the knowledge to make informed financial decisions, avoid common pitfalls, and set yourself on a path towards a secure and prosperous future. Duration - 3h 26m. Author - Josef Malone. Narrator - Digital Voice Marcus G. Published Date - Sunday, 19 January 2025. Copyright - © 2024 Jost Allmeling ©.
Language:
English
Chapter 1: Building a Foundation: Understanding the Basics 1
Duration:00:00:05
What is Financial Literacy? 1
Duration:00:04:10
The Power of Compound Interest 4
Duration:00:03:20
Setting Financial Goals 6
Duration:00:04:04
Creating a Budget: Tracking Income and Expenses 9
Duration:00:04:54
The Importance of Saving 12
Duration:00:03:25
Chapter 2: Financial Habits for Teens and Young Adults (Ages 13-25) 15
Duration:00:00:06
Earning and Managing Allowance/Part-Time Income 15
Duration:00:05:49
Saving for Short-Term Goals: College, Car, Travel 19
Duration:00:03:16
Understanding Credit and Building Credit History 21
Duration:00:04:24
Avoiding Debt Traps: Student Loans, Credit Cards 24
Duration:00:03:23
The Basics of Investing: Stocks, Mutual Funds 26
Duration:00:02:52
Chapter 3: Financial Planning for Early Adulthood (Ages 25-35) 29
Duration:00:00:07
Budgeting for Growing Responsibilities: Rent/Mortgage, Family 29
Duration:00:03:07
Saving for Retirement: 401(k)s, IRAs 31
Duration:00:04:10
Homeownership: Buying, Renting, or Investing 34
Duration:00:04:09
Insurance Essentials: Health, Life, Property 37
Duration:00:04:19
Planning for Large Purchases: Cars, Home Renovations 40
Duration:00:04:06
Chapter 4: Navigating Midlife Finances (Ages 35-55) 43
Duration:00:00:06
Managing Multiple Financial Goals: College Savings, Retirement 43
Duration:00:05:36
Investing for Growth: Stocks, Bonds, Real Estate 47
Duration:00:03:55
Building a Portfolio for Different Risk Tolerances 49
Duration:00:04:43
Estate Planning: Wills, Trusts, Power of Attorney 52
Duration:00:03:50
Financial Implications of Divorce or Separation 55
Duration:00:03:41
Chapter 5: Preparing for Retirement (Ages 55-65) 58
Duration:00:00:06
Assessing Retirement Savings: Checking Your Progress 58
Duration:00:03:30
Choosing Retirement Income Options: Pensions, Social Security 60
Duration:00:04:54
Planning for Healthcare Costs in Retirement 63
Duration:00:04:05
Downsizing and Housing Options for Seniors 66
Duration:00:03:49
Estate Planning and Legacy Building 68
Duration:00:04:17
Chapter 6: Financial Management in Retirement (Ages 65+) 72
Duration:00:00:06
Managing Retirement Income: Social Security, Pensions, Investments 72
Duration:00:03:47
Health and Long-Term Care Planning 74
Duration:00:06:28
Staying Financially Secure: Avoiding Scams and Fraud 79
Duration:00:04:22
Reverse Mortgages and Other Housing Options 82
Duration:00:04:26
Leaving a Legacy: Charitable Giving 85
Duration:00:03:54
Chapter 7: Teaching Financial Literacy to Children 88
Duration:00:00:05
Age-Appropriate Financial Conversations 88
Duration:00:03:21
Allowance and Spending Habits 90
Duration:00:04:00
Saving for Short-Term Goals: Toys, Treats 93
Duration:00:03:30
Introducing the Concept of Investing 95
Duration:00:04:27
Financial Literacy Resources for Kids 98
Duration:00:03:48
Chapter 8: Financial Tools and Resources 101
Duration:00:00:04
Budgeting Apps and Software 101
Duration:00:04:44
Online Investment Platforms 104
Duration:00:02:34
Credit Monitoring Services 106
Duration:00:04:09
Financial Calculators: Retirement, Loan Repayment 108
Duration:00:03:36
Government Websites and Financial Education Resources 111
Duration:00:04:51
Chapter 9: Financial Mistakes to Avoid 115
Duration:00:00:04
Overspending and Credit Card Debt 115
Duration:00:03:14
Failing to Save for Retirement 117
Duration:00:04:26
Not Diversifying Investments 120
Duration:00:04:07
Ignoring Estate Planning Needs 122
Duration:00:04:22
Falling for Financial Scams 125
Duration:00:04:59
Chapter 10: Building a Secure Future 130
Duration:00:00:04
Creating a Personal Financial Plan 130
Duration:00:03:20
Setting Realistic Financial Goals 132
Duration:00:04:14
Making Informed Decisions about Money 135
Duration:00:05:37
Seeking Professional Financial Advice 138
Duration:00:03:15
The Importance of Continual Learning 140
Duration:00:04:02