Monday, February 25, 2013

LET'S TALK MONEY - ROADS TO RICHES MADE EASY BY AKHIL KHANNA

TITLE : LET'S TALK MONEY - ROAD TO RICHES MADE EASY
AUTHOR : AKHIL KHANNA
PUBLISHER : TIMES GROUP BOOKS



I’d call this book a self help book for understanding the finer nuances of finance. This book by Akhil Khanna, comes with a tag line of “Road To Riches Made Easy”. I don’t know about the road to riches but the author has definitely made the world of finance along with its jargon very simple and easily understandable.
Akhil Khanna, is an MBA from University of Sheffield (UK) and he specializes in Financial Management. His motto with respect to this book seems to be: “It is not important what one earns; true wealth is what one manages to keep.” Very aptly said and I heartily agree with him.
Akhil Khanna has nearly covered everything in his book to give you a basic understanding about how the financial world works and how we should go about it as an individual or an entrepreneur.
The author has discussed money, property – evaluating the nature and the earning potential of the property, multiplying fixed income, debt and earnings, changes in the world economy and its effect on investments and other factors effecting investments. He has even discussed the professionals managing other people’s money, how insurance companies work and how having the right insurance is beneficial and can make your life stress free. He has discussed the world financial crisis of 2008 and the effect of this on financial institutions/households/corporate s and governments.

Akhil Khanna in midst of discussing the various fields of the financial world has dedicated one whole chapter to investing in happiness. This definitely came as an unexpected pleasant surprise.

I would recommend all readers to go through the book really slowly so as to grasp the fundamentals.
This book is highly recommended to all laymen like me. 

I’d sum up by using Akhil Khanna’s words

”Where you reach on the last day of your life is not as important as the consistent happiness with which you enjoyed the journey.”


2 comments:

  1. This sounds interesting Benu. The financial jargon overwhelms readers quite a bit, I think this kind of books are perfect to pick the basics from.

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  2. Yes Vibha, you are right. It is a good book for laymen.

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