Personal Finance Under One Hour: Section 1 - Income and Spending

By Andrew Brown and Brendan Connolly

Personal finance is not usually taught in school which leads to learning most financial lessons by making costly mistakes in the real world. Additionally, most financial experts are actually salespeople in disguise whom are looking out for their commission rather than your investment. While you personally do not need to be an expert, having some basic knowledge on personal finance, and doing some research, will drastically help when making financial decisions. This book will start you in the right direction.
Personal Finance Under One Hour does not encompass everything there is to learn about personal finance, but instead is designed to give you a basic overview in only an hour. Let’s be honest, most people do not have the time to read a 300 page book on any topic, but many people can spare an hour.
Many sources, such as books, websites, and personal mentors, have inspired the contents of this book. The goal is to sum up the best information these sources offer so you can get the most important points in the least amount of time. By reading Personal Finance Under One Hour you will gain the necessary knowledge to expand your financial IQ and make better financial decisions.
Under One Hour books are broken down into six 10 minute sections making it easier to read and learn on the go. Each section contains two or three main topics with sub-topics to explore. Bold words or phrases are the highlight of the topic or paragraph while italicized words are ideas to be explored further outside of the book.

• Language: English
• Publisher: Under One Hour, LLC
• Release date: Nov 20, 2014
• ISBN: 9781310335976

Book preview

copyright

Personal Finance Under One Hour Section 1

By Andrew W. Brown, CHP & Brendan M. Connolly

Copyright © 2016, 2014 Under One Hour, LLC

Published by Under One Hour, LLC 2012-2014

Discover other titles by Under One Hour at www.UnderOneHour.com

This book is available in print at most online retailers.

Smashwords Edition, License Notes

This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to your favorite ebook retailer and purchase your own copy. Thank you for respecting the hard work of this author.

Dedication

To the loves of our lives:

Kathy Brown and Erin Connolly

Thank you to all of our friends and family that have inspired, helped, and encouraged us throughout this creative journey. We look forward to writing many other great books for your enjoyment!

Table of Contents

Note: Approximate Length in time is determined by

the average US reading speed of 300 words per minutes.

I. Introduction

1. Income and Spending (First 10 Minutes)

- Income (1,200 Words, 4 Minutes)

1. Types of Income

2. Rental Income

3. Business Income

4. Royalty Income

5. Annuity Income

6. Dividend Income

7. Income Philosophy

8. Income Diagram

- Spending (1,800 Words, 6 Minutes)

1. Consumer Traps

2. Celebrations

3. Vacations

4. Donating

2. Bonus Section (2,700 Words, 9 Minutes)

3. Helpful Resources/Inspiration

4. About the Authors

Introduction

Personal finance is not usually taught in school which leads to learning most financial lessons by making costly mistakes in the real world. Additionally, most financial experts are actually salespeople in disguise whom are looking out for their commission rather than your investment. While you personally do not need to be an expert, having some basic knowledge on personal finance, and doing some research, will drastically help when making financial decisions. This book will start you in the right direction.

Personal Finance Under One Hour does not encompass everything there is to learn about personal finance, but instead