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    Essential Financial Management For The Family
    Essential Financial Management For The Family
    Essential Financial Management For The Family
    Ebook100 pages1 hour

    Essential Financial Management For The Family

    By Friday Esinwoke

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    About this ebook

    The motivation to write this book came after many years of watching and closely observing how most families give little or no concern to the way in which they manage their financial resources. In fact 48 out 60 families who completed a questionnaire on this subject saw no reason to effectively manage their Finances.
    This has resulted in serious finance-related misunderstanding in families and most painfully their inability to realize the long term objective of the family- that of Financial Prosperity vis a vis well trained children. This book was specifically intended to address this.
    The first chapter is an overview of the subject of Financial Management.
    The central argument of this book is to let the reader appreciate that the tenets of Financial Management can be conveniently applied in the family just as in any other economic unit. This was achieved in chapter two. Efforts were made to identify the sources of finance available to the family as well as classify those using amenable criteria in chapter three.
    If you want to appreciate certain tools that can be helpful in family financial management some of which you already know, read chapter four.
    The causes and consequences of finance-related problems in the family was critically examined in chapter five. There you will also find real life experiences and the right approaches to handling them.
    Since we equate the family with every other economic unit in relation to the financial management function, the dividends of effective financial management in the family was the subject of chapter six.
    It is a widely believed that financial management cannot be effective without proper record of financial transactions, chapter seven was therefore captioned Basic Financial Accounting for the family. Prototype statements were also used to illustrate this.
    Chapter Eight was used to provide the right conceptions about marriage since this book is about the family while in Chapter Nine the family was treated as an asset. Contextual and scriptural bases were used to evaluate this chapter.
    The last Chapter provides some practical tips for family Financial Management.
    In writing this book, efforts were made to ensure that the language was suitable to users from diverse backgrounds and disciplines.
    It is my sincere believe that a copy of this handbook in every home is a token well invested.

    Friday C. Esinwoke Port Harcourt Nigeria September, 2017.

    LanguageEnglish
    PublisherFriday Esinwoke
    Release dateAug 5, 2018
    ISBN9780463839614
    Essential Financial Management For The Family

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      Book preview

      Essential Financial Management For The Family - Friday Esinwoke

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