By Aaron Clarey
"Bachelor Pad Economics" is THE monetary suggestion bible for men…and any girls who're daring sufficient to learn it! no matter if you're 14 and simply attempting to work out lifestyles, or 70 and commencing to take into consideration property making plans, "Bachelor Pad Economics" addresses each significant (and minor) fiscal and monetary factor the typical guy will face in his complete lifestyles. From courting, to what to significant in, to buying a house, to beginning a company, to kids and "wife training," "Bachelor Pad Economics" is the knowledge you would like the father-you-never-had gave you. Written FOR men it truly is candid, blunt, sincere and every thing else Oprah isn't, and may provide the highway map you must supply course and function on your existence. sure to turn out extra invaluable than a school measure, "Bachelor Pad Economics" is definitely definitely worth the cash to shop for and the time to learn.
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Additional info for Bachelor Pad Economics: The Financial Advice Bible for Men
Husband approached me one day and asked me to consult them about their personal finances. I couldn't figure out what possible problems a family could have where the cumulative income was A successful(though extreme) example of this is another friend of $350,000 per year. mine. He drives a cheap Asian import car and nothing else. It But I soon found out. doesn't have air conditioning, power steering, automatic locks, or powered windows. He hasa humble house in an uncoveted suburb. He fixes his own car, does his own home repairs, gets his • • They both had luxury cars to maintain appearancesat their clothes from the Salvation Army, and when he goes out, rarely respective offices and social gatherings.
They had an additional 5UV so they could tow their kids around to the various sports and activities they had. • Their children were spared nothing. Nothing but the best. The best clothes, the best sports gear, the most expensive trips and brand new cars. • He is a multi-millionaire. He bills out at $300 an hour to do high-level computer networking nd security work. He easily made over $200,000 for each of the The house was also so huge, they had an entire floor past dedicated to storing all the toys and gadgets their kids no tacks.
Capable of paying you back is by looking at their balance sheet to businesses). In both instancesthe way you can tell if they are see if they have enough assetsto cover their debts. The Balance Sheet While the Income statement shows you how much money a person 70 71 The balance sheet is really, very simple. " On the other side you list everything you owe, aka, your a corporate balance sheet, but the layout and structure is still the same: "liabilities" (or sometimes "debt"). " List everything you own on one side List everything you owe on the other side And just like an income statement, the balance sheet follows a general outline or structure regardlessof whether you're a person, And the difference between the two is your "net worth" (which hopefully is not negative).
Bachelor Pad Economics: The Financial Advice Bible for Men by Aaron Clarey