By Ali Velshi, Christine Romans
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Do you communicate funds? you want to. it's the world’s most crucial language. It’s spoken far and wide. Speaking—or a minimum of understanding—this language helps you to persist with the true conversations in politics, company, and at paintings. knowing cash and conversing the language fluently is important to getting ready for a comfy retirement, construction a small company, making plans for school and a occupation in your youngsters. every person speaks it otherwise, with diversified dialects. a few are riskier than others. a few are looking to store their cash; others are looking to see it develop. there is not any one accessory, yet figuring out the diversities will make undefined, enterprise companions, and coworkers happier—and wealthier. Authors and CNN monetary specialists Ali Velshi and Christine Romans communicate the worldwide language of cash and translate it on a daily basis for thousands of audience. And...
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Whereas no longer trying to teach readers as expert economists, this booklet goals to supply a safe grounding within the thought and perform of economics insofar because it bargains with pension concerns. From interpreting this publication, the person will comprehend: * the main different types of pension scheme * The position of pensions in maximizing person lifetime welfare * The function of pensions in person mark downs and retirement judgements * The position and outcomes of the 401-k from the company's standpoint * The function of pensions in selling mixture rate reductions * The function of pensions and retirement in overlapping generations versions * The economics of getting older and intergenerational accounting * The social welfare implications of pensions * the teachings of behavioural economics for pensions
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Additional info for AARP How to Speak Money. The Language and Knowledge You Need Now
Without his collaboration, this book would not have happened. Also to our morning business producer Katy Byron, the excellent staffs of CNN’s Your Bottom Line, Your Money, and American Morning, and a special mention to our intelligent, enlightened, and visionary bosses and executive producers (see Chapter 5: How to Speak Jobs) at CNN for giving us the platform on which to Speak Money. Thanks to CNN president Ken Jautz who, 10 years ago, put us together on the anchor desk and sparked a collaboration that led to this book.
One couple we know resolved their spending arguments through the use of three accounts: one for him, one for her, and a joint account for their family finances. He, the spender, used to dip into their joint savings to buy the gadgets and gizmos that made him feel up to the minute. She, the saver, treasured her weekly massages and not much else. The discrepancy in their spending patterns was a lightning rod for trouble. Now, each of them has a monthly allowance, placed into their individual accounts, to be spent in any fashion they choose, no questions asked.
Back then, our differences—in our backgrounds and in our approaches to money—were greater than our similarities. Or at least that’s what we thought. The biggest thing we had going for our relationship over the years is that we spoke the same language. We’re not talking about English. We were both fluent in the language of money. We understood terms like “12-month trailing revenue” and “slow stochastics” and we relished the latest news about the 200-day moving average. Business geeks, indeed. Truly, there wasn’t a ton we had in common other than that we understood very clearly what the other said when we spoke in story meetings and on TV.
AARP How to Speak Money. The Language and Knowledge You Need Now by Ali Velshi, Christine Romans