HowMoneyWorks, Stop Being a Sucker


Book Description

Financial illiteracy is the #1 economic crisis in the world, impacting more than 5 billion people across the planet. The few who know how money works take advantage of those who do not - the suckers. This book is designed to help you break the cycle of endless debt, foolish spending and financial cluelessness so you can stop being a sucker, start being a student and take control of your financial future.




Money Talks


Book Description

The world of money is being transformed as households and organizations face changing economies, and new currencies and payment systems like Bitcoin and Apple Pay gain ground. What is money, and how do we make sense of it? Money Talks is the first book to offer a wide range of alternative and unexpected explanations of how social relations, emotions, moral concerns, and institutions shape how we create, mark, and use money. This collection brings together a stellar group of international experts from multiple disciplines—sociology, economics, history, law, anthropology, political science, and philosophy—to propose fresh explanations for money's origins, uses, effects, and future. Money Talks explores five key questions: How do social relationships, emotions, and morals shape how people account for and use their money? How do corporations infuse social meaning into their financing and investment practices? What are the historical, political, and social foundations of currencies? When does money become contested, and are there things money shouldn't buy? What is the impact of the new twenty-first-century currencies on our social relations? At a time of growing concern over financial inequality, Money Talks overturns conventional views about money by revealing its profound social potential.




Money What It Is How It Works


Book Description

For centuries, money was viewed as tokens with intrinsic value, like gold or silver coins. Paper currencies were often used as substitutes, but they were only accepted on the promise they could be converted on demand into "hard money." The era of hard money ended in the mid-20th century. Today every major industrial nation creates its own currency in the form of intrinsically worthless tokens known as fiat money. Most other forms of money are viable only to the extent they can be converted on demand into the government's fiat money. Operating in a fractional reserve regime, banks expand the money supply by creating deposits as they issue loans to borrowers. Bank money is now the principal form of money used within the private sector. Some economists believe fractional reserve banking creates serious problems for the economy in terms of inflation and the misuse of credit. The last essay in this book examines in some detail the basic properties of a fully-backed depository system and proposes a particular implementation.




Money in One Lesson


Book Description

'Superb' - Tim Harford, author of How to Make the World Add Up Money is essential to the economy and how we live our lives, yet is inherently worthless. We can use it to build a home or send us to space, and it can lead to the rise and fall of empires. Few innovations have had such a huge impact on the development of humanity, but money is a shared fiction; a story we believe in so long as others act as if it is true. Money is rarely out of the headlines – from the invention of cryptocurrencies to the problem of high inflation, extraordinary interventions by central banks and the power the West has over the worldwide banking system. In Money in One Lesson, Gavin Jackson answers the most important questions on what money is and how it shapes our world, drawing on vivid examples from throughout history to demystify and show how societies and its citizens, both past and present, are always entwined with matters of money. ‘A highly illuminating, well-researched and beautifully written book on one of humanity’s most important innovations’ – Martin Wolf, chief economics commentator, Financial Times




The Money Machine


Book Description

What happens in the City has never affected us more In this excellent guide, now fully revised and updated, leading financial journalist Philip Coggan cuts through the headlines, the scandals and the jargon to explain the nuts and bolts of the financial system. What causes the pound to rise or interest rates to fall? Which are the institutions that really matter? Why is it we need the Money Machine - and what happens when it crashes? Coggan provides clear and concise answers and shows why we should all be more familiar with a system we so intimately depend upon.




The Book of Money


Book Description

'Money may be the husk of many things but not the kernel. It brings you food, but not appetite; medicine, but not health; acquaintance, but not friends; servants, but not loyalty; days of joy, but not peace or happiness' - Henrik Ibsen Money is big in the news. Banks have collapsed, the property bubble has burst and national debts are at almost unimaginable levels. The Book of Money will help you understand what is happening. Mentioning terms such as the 'financial market' and 'global economy' are daunting prospects, even without the added dreaded notion of recession. Money, and our worldwide struggles with them, is a constant source of doom and gloom news bulletins, leaving us fearing for our savings and bank balances. More often than we consider, this anxiety is down to our lack of understanding of how the economic climates and financial systems work. The Book of Money will demystify and explain economics to help you understand the modern financial world, and answers all the questions you were too afraid to ask. This beautifully illustrated book, with full colour photography, offers comprehensive diagrams to explain the most baffling of systems such as 'Who Owes What?' with national debts, an accurate portrayal of how tax is spent, and the World's top 20 banks' assets. It shares a potted history of how money came to life, charting the rise of the shekel in the Mesopotamian civilisations, the 'Lydian Lion' and profiles of notable figures who wrote about money, such as Adam Smith and Karl Marx. You can explore the many different types of banks with descriptions of how they function, varieties of bonds and how they can affect you, the structures of hedge funds and how the criminality and money intertwine through fraud, rogue states and cybercrime. The Book of Money Includes... A Brief History of Money Rich World, Poor World Money and Government Banks & Banking The Markets Investing & Finance Money & Business The Science of Money Money & The Law Life Stages Saving, Spending & Giving ... and much more!




Family Money


Book Description

How does a family get and spend its money? Family Money looks at many of the expenses families have and how money is spent on utilities, services, health, food, transportation, and more. The concepts of budgeting, borrowing, spending, fiscal responsibility and financial literacy are discussed in an easy to understand, accessible manner. Includes a table of contents, glossary, index, websites and books for further information, and discussion questions.




Principles


Book Description

#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.




Where Do We Keep Money?


Book Description

An introduction to banks and banking that discusses accounts, transactions, loans, and credit cards, and provides related activities.




This Might Be a Dumb Question But... How Does Money Work?


Book Description

Who wants to know how money works? That's not a dumb question. The real question is, who needs to know how money works? For both questions, it's the same answer ... everybody.When it comes to money, most people think the answer is that they just need more of it. Sadly, that is not the answer. If you learn how money works, you will know how to get more money, keep more money, and make money work for you. What you really need to know is how money works ... then you will know to how to have more of it. If you think that everyone has more money or seems to know more about it than you do, this is not true. Most people don't understand how money works, and most have no more than you do. There are all kinds of government-produced statistics to prove it. Because people don't understand it, they don't save money for retirement (or start early enough), or have enough for a down payment on a home, or to build a nest egg. It's why they spend too much or become payment buyers. It's also the reason most people don't talk about it. They don't want others to know how little they know. Worse yet, they don't want you to know how little they really have. Money is a big source of stress, a cause of divorce, a cause of business failures, a cause for lost friendships, and the last thing anyone will admit they don't know. A common saying is, "money is the root of all evil". If that is true, how does it provide food, shelter, luxuries and travel? Why is it used to create jobs and make charitable contributions? Money is not evil. It's the way people use it, whether they have little or lots that can cause evil, for themselves, or others. If it is the way people use it that can cause evil, you need an instruction book to avoid misusing it. It's misusing money that is the root of evil. This is your instruction book. In less than 100 pages of stories, experiences, ideas, and examples I make it simple for you to understand money so well that you can talk with anyone about it. How do I make it simple to understand? I make it plain and simple. It's not important for me to sound smart; it's important for me to help you get it, simply. Do you want to know how money gets a raise? That's pretty simple. Who doesn't want to know? Do you want to know how to be a good user of credit cards and debit cards? Do you want banks to desire you as a customer? Do you want to understand how banks think? You do. It pays to know.I hate it when someone talking to me wants to sound like they are so smart, especially smarter than me. No matter what the subject is, you can always tell when someone is trying to pull that on you. Talking about money easily make people feel that way. That's one of the reasons everybody hates to discuss it. I will not make you feel that way. With this book, you feel like you get it. What's important to you? Whatever it is, money will help you get there. Understanding money will give you freedom from stress and the freedom to make choices in life, for you and your family.My goal is to help you understand how money works. You don't have to feel embarrassed. You don't even have to ask.The real question is, "Who wouldn't want to know?"