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E-raamat: Essential Personal Finance: A Practical Guide for Employees [Taylor & Francis e-raamat]

(Open University, UK), (Coventry Business School, UK), (Chartered Institute for Securities & Investment)
  • Formaat: 248 pages, 35 Tables, black and white; 70 Line drawings, black and white; 70 Illustrations, black and white
  • Ilmumisaeg: 20-Dec-2018
  • Kirjastus: Routledge
  • ISBN-13: 9781351041669
  • Taylor & Francis e-raamat
  • Hind: 161,57 €*
  • * hind, mis tagab piiramatu üheaegsete kasutajate arvuga ligipääsu piiramatuks ajaks
  • Tavahind: 230,81 €
  • Säästad 30%
  • Formaat: 248 pages, 35 Tables, black and white; 70 Line drawings, black and white; 70 Illustrations, black and white
  • Ilmumisaeg: 20-Dec-2018
  • Kirjastus: Routledge
  • ISBN-13: 9781351041669

There is increasing pressure for all of us to take responsibility for our own financial security and wellbeing, but we often overlook how the benefits that come with a job can help us do that. Essential Personal Finance: A Practical Guide for Employees focuses on these valuable work benefits and shows how you can build on this important foundation to achieve financial security and your life goals.

This unique book explores how making effective and practical use of these work benefits (such as pension scheme, life cover, sick pay, cheap loans, savings schemes and even financial coaching), means facing up to the behavioural biases we are all plagued with. Given that these can get in the way of even the best intentions, Essential Personal Finance tackles these biases head-on with practical ideas and tips for overcoming or harnessing them for good, and will help you to develop a positive and fruitful relationship with your money. With financial stress being a major cause of absenteeism and sick leave, low morale and lost productivity, the advice in this book also offers employers enormous benefits. By empowering employees through financial education and financial awareness, progressive employers will help them feel more in control of their lives, and experience less stress, resulting in higher morale and productivity.

Offering a distinctive approach which combines academic insight with practical financial wisdom and tools, this is a must-have book for all employees. It will help you make the most of everything your job has to offer so you can worry less about money and live life to the full.

List of figures
ix
List of tables
xii
Introduction
1(4)
1 Jobs, money and happiness
5(25)
The role of money in your life
5(1)
Financial well-being
6(3)
The role of work
9(4)
Financial rewards from working
13(3)
The present and the future
16(3)
How to control your spending impulses
19(5)
Actions
24(1)
The power of self-belief
25(1)
Conclusion
25(2)
References
27(3)
2 Work and financial planning
30(22)
Human capital: the foundation of wealth creation
30(3)
A long life: staying young for longer
33(1)
What is financial planning?
34(1)
Having a long-term financial plan improves well-being
35(2)
Getting started with planning your money
37(1)
Financial planning priorities
37(1)
Where do you want to go?
38(3)
Your income and expenditure
41(3)
Learning how to control and direct your spending
44(3)
Other planning points
47(4)
Conclusion
51(1)
References
51(1)
3 Building resilience and wealth through saving
52(31)
Having an emergency fund
53(2)
Other goals
55(4)
Household finances in the UK
59(2)
What steps do you need to take to save money?
61(2)
How do you successfully save?
63(6)
Invest
69(1)
The main types of investment
70(2)
Ownership of assets in the UK
72(1)
Why people make bad saving and investment decisions
72(5)
Ownership of property
77(1)
Conclusion
78(1)
References
79(4)
4 Protecting against dying too young
83(27)
Why protecting your family is important
84(7)
How can you protect your family against the financial impact of death?
91(8)
Support from the government
99(2)
What are the different life insurance policies available?
101(3)
Why people don't buy life insurance
104(2)
Conclusion
106(1)
References
107(3)
5 Protecting your income
110(26)
Why do you need to protect your income?
114(1)
What are the consequences of ill health?
115(3)
Help from the government and employers
118(3)
How do you respond to a loss of income due to ill health?
121(1)
What do you need to do to protect yourself and your family?
122(7)
Why people don't buy income protection: behavioural biases
129(4)
Conclusion
133(1)
References
133(3)
6 Love your workplace pension
136(22)
Retirement saving basics
137(4)
How to build up your savings
141(4)
Different pensions you might have
145(5)
Thinking about pensions if you're over 50
150(5)
Getting advice
155(1)
Conclusion
156(1)
References
156(2)
7 Managing loans and credit
158(23)
Good and bad debt
158(3)
Borrowing to buy a home
161(3)
Borrowing for other reasons
164(6)
Loans and credit at work
170(4)
Why you might pay more for credit
174(2)
Dealing with debt problems
176(2)
Conclusion
178(1)
References
179(2)
8 Getting help and advice
181(20)
When to get help and advice
181(1)
Why you might seek help or advice
182(3)
Types of help and advice
185(7)
How to choose the right help
192(1)
Barriers to regulated advice
193(1)
How to choose the right adviser
194(3)
What to do if things go wrong
197(2)
Conclusion
199(1)
References
200(1)
9 Conclusion
201(12)
How work helps you reach your goals
201(8)
Building on help from work
209(1)
Know yourself
209(3)
Conclusion
212(1)
References
212(1)
Glossary 213(14)
Useful contacts 227(14)
Index 241
Jonquil Lowe is Senior Lecturer in Economics and Personal Finance at The Open University, UK, and is also an independent practitioner who has published extensively on all aspects of personal finance. She started her working life in stockbroking but switched to consumer advocacy, becoming Head of Money Research at Which?, before launching her own freelance business.

Jason Butler is a Chartered Fellow of both the Chartered Institute for Securities & Investment and The Personal Finance Society. Following a 25-year career as a personal financial adviser, Jason is now Head of Financial Education at www.salaryfinance.com. He is also a personal finance columnist for The Financial Times and provides personal finance insights for Sky, BBC and a range of other media.

Lien Luu is a Chartered Fellow of the Personal Finance Society (part of the Chartered Institute of Insurance) and a Registered Life Planner with the Kinder Institute. Following many years as a financial planner, she is now an Associate Head of School at Coventry Business School, UK, where she enjoys lecturing on wealth management and writing books on personal finance.