Smart Money Management

Entrepreneurial Perspective of Financial Independence

Nasser Abouzakhar

$66.95 $57.11

Paperback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We then advise you accordingly. If the time taken to get any book is too long for you, you can let us know and we will cancel or adjust your order, and refund as required.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

Nasser Abouzakhar
25 April 2024

Entrepreneurship; Budgeting & financial management; Personal finance

Understanding how to manage your money is an essential aspect of your life. You may rely on the state welfare system or family members or friends for financial support in unpleasant circumstances, but you must be prepared for such situations. Therefore, taking care of your own finances should be a priority in your life. Managing your income and dealing with expenses and debt requires a good understanding of money management and financial knowledge. Luckily, many available tools can help you understand how to manage your money, such as budgeting, income statements, and balance sheets to manage your assets and liabilities, etc. We cannot escape the reality of the economic situation and its factors, such as inflation and interest rates, which affect our lives and influence our behaviour socially, mentally, and towards money.

Money is not unmanageable; understanding how to manage your money would help you tackle your financial challenges, make better financial decisions, and improve your future financial well-being. Lack of financial knowledge could lead to various problems, not only economic but also social, which can have a knock-on effect on people's mental health and well-being. When we buy goods or services, we regularly make financial decisions about whether or not those goods or services are essential for our families or us and whether or not we can afford them. Regardless of whether people are better off or less well-off, understanding their financial situations and how to manage and control their money is vital for making such decisions. In this book, you will learn:

- the necessary knowledge to manage money, develop a financial strategy to deal with unpleasant economic challenges, such as recession, increased interest rates, or inflation

- the importance of financial independence and how investing in financial education is crucial to improving your financial skills and achieving your goals

- identifying opportunities for improving your financial situation and managing your debt and expenses, and how to deal with financial obligations such as personal loans

- different financial strategies and creative finance techniques for enhancing your income using a financial planning process called GROW-A+

- the money flow cycle and managing cash flow, using budgeting to spend your money wisely and how monitoring credit reports could help you access credit, apply for a mortgage, or invest in future

- about a wealth generation engine, which provides a financial strategy to develop a financial plan and generate a multi-stream income- minimise the risk of financial losses, maintain vital financial status and build a growing asset portfolio; how to manage risk by investing in different asset classes and dealing with changes in policies by your government related to tax or changes in interest rates

- the skills needed to help you develop innovative ideas and explore solutions to existing problems or seek investment options supported with the 5-steps investing process and real-life examples of income-producing property investments

- how to deal with high-risk investments, make informed decisions, and the advantages of diversifying your assets to avoid stressful situations and minimise financial risk

- seeking opportunities to develop a robust business plan using various investment strategies, helping you establish a healthy and diverse portfolio with multiple asset classes such as real estate, REIT, commodities, stocks, etc.

- about the story of my family property business, Anzar Property Group, which focuses on buy-to-let business and property development

By: Nasser Abouzakhar
Imprint: Nasser Abouzakhar
Country of Publication: United Kingdom
Dimensions: Height: 244mm, Width: 170mm,
ISBN: 9781998998425
ISBN 10: 1998998428
Pages: 222
Publication Date: 25 April 2024
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active

Reviews for Smart Money Management: Entrepreneurial Perspective of Financial Independence

"Smart Money Management: Entrepreneurial Perspective of Financial Independence"" by Dr. Nasser Abouzakhar is a meticulously crafted guide offering readers a profound exploration of personal finance, wealth management, and strategic investment practices. With clarity and precision, the book draws upon Dr. Abouzakhar's successful entrepreneurial experiences. Its twelve chapters cover a wide spectrum of financial topics, beginning with the fundamental role of money in our lives and progressing into essential aspects of financial independence. The author provides practical insights into improving income, managing debt, saving, and budgeting while delving into the intricacies of investment principles, asset diversification, and real estate. The concluding chapter offers a real-world example through the lens of Anzar Property Group, Dr Abouzakhar's family business, providing a tangible application of the book's teachings. This guide is an invaluable resource for readers seeking both knowledge and practical strategies for mastering their financial journey. Farshid Amirabdollahian, Professor of Human-Robot Interaction, University of Hertfordshire Smart Money Management offers perfect knowledge and skills, including practical and sustainable strategies to make money and manage financial resources. Across twelve chapters, the book discusses the characteristics of money, its importance and role in progressing financial situations and fulfilling needs, monetary systems, financial independence, and skills required to pursue the same diverse strategies for improving income, including financial planning and making living expenses affordable. Furthermore, the book sheds light on savings and budgeting and their impact on daily lives, future strategies and finances, unmanaged debt and its problems, overspending, creative financing, and investment and asset diversification, thus incorporating discussions on risks and their management. Last but not least, the book zeros in on principles of real estate investment as one of the popular investment vehicles, property market assessment and know-how required for successful investment, factors influencing the property market and investment business, and investment financing concluding with the operations of Anzar Property Group as a case study. Smart Money Management will be useful reading for students, particularly those from economics, finance, real estate and business administration and management disciples, researchers, academics, business owners and investors, and policymakers. Kwasi Gyau Baffour Awuah, Associate Professor in Real Estate & Land Development Processes, University of Salford"