Making a Million with Only $2000: Every Young Person Can Do It!

Making a Million with Only $2000: Every Young Person Can Do It! image
ISBN-10:

0972268103

ISBN-13:

9780972268103

Author(s): Ed Douglas
Released: Aug 15, 2002
Format: Paperback, 160 pages
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Description:

From $2,000 Up to $1 Million

A Must-Read Financial Book For Every Student And Young Adult.

Here are just a few of the important things you’ll learn:

• The importance of saving money early in life.
• Simple explanations of financial terms, including the power of compound interest and the Rule of 72 which shows how quickly money can double.
• How the discipline and regularity of saving is more important than the amount.
• The three "buckets" for saving—what they are, how they are used.
• Budgeting and the significance of deferring large dollar purchases.
• How to invest safely in stocks and ways to minimize costs.
• Tax shelters and their benefits, with special emphasis on the Roth IRA.
• Strategies for financial success, including use of the 529 plan and the Education IRA for college savings.
• Special ways parents and grandparents can help their kids succeed.
• How to provide lifetime freedom and security from financial pressures.
• When and how to spend accumulated wealth.
• And more, including setting financial goals, why and how not to create credit card debt, and tips for success in life.

PARENTS and GRANDPARENTS:

If you want your child to read one financial book, this one is it.

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