The Business of Personal Finance: How to Improve Financial Wellness - Paperback

by Joseph Calandro Jr (Author), John Hoffmire (Author)

This book is no ordinary personal finance book. It presents, in a highly accessible way, how to effectively understand and manage personal finances, avoiding debt and building for the future, and using straightforward tools and techniques developed in conjunction with business economics.

Fun to read, the book leverages core corporate finance principles in a way that helps people become more financially literate in their personal lives. The premise of this book-that personal and corporate finance can and should be learned together to improve financial wellness and know-how-is considered a breakthrough. Using approaches that have been tried, tested, and proven to work with individuals and employees, the authors apply common business activities like "due diligence," and tools, such as "financial statement analysis," to personal finance. This connection has not been presented before, either theoretically or practically. And yet it has the power to both transform how individuals successfully manage their own finances, and, at the same time, informs and educates them in the important aspects of the financial direction of the organizations in which they work.

This is a must-have book for those who are looking for a credible reference tool for how to effectively manage their own finances and for organizations seeking to assist their employees in good financial management, at every level, both in work and at home.

Author Biography

Joseph Calandro, Jr. is Managing Director of a global consulting firm, Fellow of the Gabelli Center for Global Security Analysis at Fordham University, and a contributing editor of Strategy & Leadership.

John Hoffmire is Research Associate, Kellogg College, University of Oxford, and an associate member of the Senior Common Room, Regent's Park College. He is also Chairman of Oxford Pharmaceuticals; Chairman of Cadence Innova; Founder of the Center on Business and Poverty; and Director and Chairman, Personal Finance Employee Education Fund.