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Description of Useful Information In his book, "How To Become Financially Independent: Your Road to Financial Security in an Unstable Economic Environment," Dr. Simini presents an outline of ten steps one can use to achieve wealth. Without some plan of action becoming wealthy by the average person is virtually impossible. The book is well thought out. It starts off by giving a short financial quiz. Then the reader is asked to think enough of himself/herself to put himself first in the order of financial priority. The reader is then given a budget form to fill out to put himself first. A wisdom from the ancients is revealed. The author goes on to discuss inflation, interest and leveraging. These expository revelations alone should make the book a best-seller. Investment vehicles are discussed both PRO and CON. What a person should avoid investing in and what he should invest in AND WHY. Real estate, as your home and as an investment, is described as a necessary investment (a place to live) and a leveraged investment vehicle. Both these types of investments have income tax benefits. In the Appendix are: A discussion of income taxes and real estate; A glossary of real estate terms; and Answers to the financial quiz. THIS BOOK SHOULD BE A GIFT TO EVERY SON, DAUGHTER, GRANDSON AND GRANDDAUGHTER. And for older persons -- it's never too late to start on one's way to financial independence.
"synopsis" may belong to another edition of this title.
JOSEPH PETER SIMINI -- VITA Professional: CPA in California Real Estate Broker in California Emeritus Distinguished Professor -- McLaren College of Business Administration -- University of San Francisco -- 1954-1979 CPA practice in Audit and Taxes -- CPA firms -- 5 years. CPA Practice -- Taxes -- Own firm -- 25 years
Education: DBA -- Western Colorado Univ. MBA (Admin. & Policy) -- Univ. California Berkeley BS (Math.) and BBA (Acctg. and Bus. Admin.) -- St. Bonaventure Univ., St. Bonaventure, NY Distinguished Toastmaster
Books: "How To Become Financially Independent: Your Road To Financial Security In An Unstable Economic Environment" -- Bottom Line Pre$$ (reg., note $$), San Francisco, 1996 "Profit and Loss Basics for Nonfinancial Managers" -- completed "Budgeting Basics for Nonfinancial Managers" -- in progress "Cost Accounting Basics for Nonfinancial Managers" -- completed "Balance Sheet Basics for Nonfinancial Managers" -- John Wiley & Co., New York , 1990; Translated and published in Italy, 1992. "Cost Accounting Concepts for the Nonfinancial Executive" -- AMACOM -- 1976; Translated and published in Greece "Become Wealthy! Using Income Tax Savings and Real Estate Investments" -- Bottom Line Pre$$ -- San Francisco,1982 "Accounting Made Simple" -- Doubleday, New York -- 1966 and revised 1988; Translated into British English and published in London for the Commonwealth countries; Translated into Spanish and published in Mexico City. An estimated 1 million books in print.
Note: The books entitled "-- for Nonfinancial Managers" will be published by Bottom Line Pre$$ in a revised and renamed series to tell owners how to creatively read the usual financial statements, to ask for help in controlling costs, and to request from the accountant certain ancillary statements -- all towards making the owner's business more profitable.
Articles: Over twenty articles relating to understanding business and finance.Review:
The author's background as a CPA lends financial expertise to How to Become Financially Independent, a treatise on how to attain financial security under virtually any economic condition. The key to becoming rich? Achieving stability, saving ten percent of one's gross income, making wise investments, and supplementing self-employment with real estate purchases to spread out investments. -- Midwest Book Review
"About this title" may belong to another edition of this title.
Book Description Bottom Line Pre$$, 1996. Condition: Good. Former Library book. Shows some signs of wear, and may have some markings on the inside. Seller Inventory # GRP89066171