HOUSEHOLD FINANCIAL MANAGEMENT

The person ultimately responsible for how well your financial affairs are managed is you. It's not your attorney, your CPA, your broker, or your insurance agent. You may depend on these professionals for products and services, but how well they serve you may be directly proportional to how much you understand about what they're selling.Written in a friendly, conversational style, Household Financial Management will equip the reader with a good general understanding of the following subjects: - Recordkeeping and records retention - Budgeting and tracking your money - Estate planning - Saving for retirement - Investing - Income taxes - Auto insurance - Homeowners insurance - Health insurance - Life insurance - Long-term care insurance - Social Security - MedicareSome subjects will be especially timely for some readers. The chapter on Estate Planning is particularly relevant to anyone facing imminent widowhood; the chapter on Saving for Retirement to young adults who should begin now to save and invest in order to give compounding time to work its magic; and the chapters on Social Security and Medicare to older adults looking forward soon to retirement.