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Personal Finance Terms - Financial Education Is Your Best Investment

Important Personal Finance Terms for Beginner & Business. From Budgeting & Managing Debt to Investing.
Narrated by: William Bahl
Series: Financial IQ Series, Book 2
Length: 9 hrs and 40 mins
5 out of 5 stars (103 ratings)

£7.99/month after 30 days. Cancel anytime

Summary

Most Important Personal Finance Terms You Should Know

Not quite sure you’ve got a handle on basic personal finance terms? You’re not alone. Personal finance isn’t something most of us learn about in school. You pick up things as you go through life and usually learn by trial and error. As a result, it can happen that you run across a word in your financial life that you don’t know.

Personal finance is an important area of knowledge to understand, but it can also be confusing for those who are not professionally trained financial advisors. A basic understanding of personal finance terminology can empower you to make more informed and educated personal finance decisions.

Regardless of your age or earning power, it’s important to understand how common personal finance terms apply to your financial life.

It’s easy to get hung up on confusing terms when making a big financial decision. This practical glossary demystifies personal finance so that you can focus on what’s important - taking control of your money!

This practical glossary audiobook compiles a list of over 130 most common personal finance terms you’re likely to encounter. Every term is explained in detail, with clear and concise article style description and practical examples.

Understanding personal finance terminology, whether you have a dedicated financial planner or not, makes it easier to manage your money in a way that makes sense and works for you, and with no surprises due to lack of understanding.

Make Personal Finance Less of a Mystery

Not sure what a Roth IRA is? Uncertain about the Estate Tax? Want to learn more about compounding interest? Completely ignorant about anything financial? Then this is for you!

Understanding the terminology can allow you to make decisions more quickly and easily. With this knowledge, you’ll be empowered to take control of your financial present and future.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2019 Thomas Herold (P)2019 Thomas Herold

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About personal finance

I know quite a bit about personal finance, and have been saving as well as investing for a while now, none the less, this audiobook has provided me with a deeper dive into personal finances in comprehensive and quick way. As I listened lectures on topics I knew a lot about, I still was able to gain some insight into what small things I still need to do, to get ahead. The not too short concise lectures are perfect bite-sized bits of information which don't feel overwhelming, but instead are inspiring in order to look at my own financial goals to make changes that better suit my lifestyle. I've already made a few changes over the past few days which are inspiring me to keep on going. Thanks!

22 of 22 people found this review helpful

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Great in general

The modern educational system often fails to teach practical skills, personal finance being a big one. As a recent college grad, I wanted to get a head start on making smart financial decisions, and this audiobook has been a great asset. The instructors are engaging, have real world experience, and are able to put seemingly complicated and intimidating concepts into easy-to-understand language. The additional materials provided at the end of each section are super helpful as well. Looking forward to the rest of the course

20 of 20 people found this review helpful

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basic knowledge.

This book covered far more than I anticipated. Though it didn't go into depth for any one subject, it was a solid overview of personal finances - I learned a few new things and was reminded of a few more I'd forgotten about. As a Canadian some of the lessons weren't relevant ( mainly Estate tax), but there was enough more general financial information to make it time very well spent. Like Thomas Herold other two courses, this one delivers some fundamental lessons that entrepreneuers need to hear. There are so many nuggets of wisdom in here that could save you thousands on taxes or prevent you from getting yourself in a terrible bind.

19 of 19 people found this review helpful

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Bahl takes it step by step

I would say so far, so good. Very informative. I look forward to finishing this course! Very easy to understand and follow along. Bahl takes it step by step, so you can't mess up. He also guides us all the possible ways to invest and help make your future.

18 of 18 people found this review helpful

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Change my perspective

So far the information provided in the audiobook has been concise, and easy to follow. I'm looking forward to advancing through the remaining content. The narrated material has helped me to change my perspective on how personal finance works and I can see how some small changes on my part can have large impact down the road. I would recommend this audiobook to anyone interested in learning more about personal finance!

16 of 16 people found this review helpful

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An in-depth explanation

Strong engagement, useful information. Would have liked more of an in-depth explanation on the compounding interest. I know it was explained, but I am extremely "green" in the world of finance and financial workings... Will look into more courses for my financial literacy, based on the information and influence of this course. Thank you, I have a better outlook on the possibilities of my personal income and future financial success...

15 of 15 people found this review helpful

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Superp quality narration make me feel actually

At this moment in life I have already thought a lot about money, how to save and how to invest. It is great to see that someone has put up a course on that topic. And although e.g. the tools might differ here in germany, I see that the principles are not wrong and that, although somehow being surrounded by people that see all that stuff in a different way, I am doing the right things. I’m still wondering how most people here a coping with the new troubles to retire because the state does cut down the rent system a lot. The narrator William Bahl is very professional and articulate. He explains each step and the reasoning behind them in an easy to understand way. I feel like I'm really learning something!

14 of 14 people found this review helpful

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Comprehensive and to the point.

This is really a comprehensive course on finance that will open your mind on handling your money well and with detailed planning on your income will make you financially successful and secured. Follow this course to grow your income and savings plus have a long term plan for you to retire early and even get more richer.Take this course and be in control of your financial life and have that peace of mind. I now understand how to make a very efficient Budget Plan and it was so easy to do!

13 of 13 people found this review helpful

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Thomas and Bahl are very passionate

Positive attitude and great message on a difficult subject: money. Very clear instruction. Thomas and Bahl are very passionate about the subject, which makes it easier to want to learn from them. Some things seem slightly repetitive which is pretty good I guess for the basic perspective. I also would have liked more in-depth information on the investing part. The content included was very helpful, but I think I would have preferred possible examples or scenarios for more information.

12 of 12 people found this review helpful

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Break it down in a very realistic and relatable

So far I'm enjoying the narration - they break it down in a very realistic and relatable manner which is important for me as i'm not financially savvy. Some great advice for anyone who needs a basic and understable way to learn about personal finance - I am thoroughly enjoying this course!

10 of 10 people found this review helpful

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  • Mike
  • 22-06-19

A Concepts to fully sink in!

Audio Book is HIGHLY RECOMMENDED! Easy to understand and follow. I have a very basic knowledge regarding personal financing, but through this audible, I feel more CONFIDENT than ever! As I go through one lecture after another, all I could think of was how I wish I'd known about this when I was younger. Well, there's no better time to start than now! With this in mind, I have been busy sharing my new-found knowledge to my teenagers, and I am very EXCITED about theirs and our future. I will definitely repeat the course over and over again so that all concepts fully sink in! Thank you for helping with my learning journey! : )

23 of 23 people found this review helpful

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  • Lloyd
  • 22-06-19

Keeps my attention.

I found this audiobook great as an introduction to finances because I'm a total beginner in this field. A lot of terms I was barely familiar with were explained in much greater detail and with a back story which helped me better understand them. Herold and Bahl are really on their game and determined to become financially independent. They've just empowered to take control of your financial present and future. Many Thanks.

22 of 22 people found this review helpful

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  • Edward
  • 22-06-19

Great course on Personal Finance.

For me, as much as it was an eye opener it also reiterated how I should continue managing my own finances and sticking to a consistent plan is actually key to financial wellbeing.

19 of 19 people found this review helpful

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  • Teresa Schmidt
  • 22-06-19

Learned a lot, thanks guys!

Some stuff I already know but there are some topics that it covers that I hadn't heard of before. I liked the sections on what a Roth IRA is and investing-good insight into financial planning for your life. I would like an expansion on some of the topics but I understand this is an intro course. By the way this one a very reliable course.

18 of 18 people found this review helpful

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  • Lillian
  • 10-08-19

Excellent course, worth every penny !

So far so good! I'm enjoying the audiobook till now.. looking forward to have more insight into Financial freedom.. Would be better if i can find realistic/real examples of common people sharing their experiences on their personal finances..

16 of 16 people found this review helpful

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  • Dianne
  • 10-08-19

Outstanding personal finance course!

Really informative, great information. Covers all the basics and provides list of over 130 most common personal finance terms to each in ways I don't even think my financially-adept friends know. This is a really inspiring course and is helping me get motivated about taking control of my finances.

16 of 16 people found this review helpful

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  • Buddy
  • 22-06-19

It worth every penny.

Because of this excellent course I just made my monthly report about income and expenses. That make me aware of all of my debt and when I will be debt free. Although I decided to save more than usual like about 50% of my income (will be for paying debt for a year) I feel that I have control of my buying habit as well as i have more to spend. I recommend any one want to have freedom join the course it worth every penny.

15 of 15 people found this review helpful

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  • Paul Cimino
  • 22-06-19

Wealth of information in this Audible

This is a fantastic audiobook, the pace is right and it's very informative. The resources were especially useful. I live in the outside of usa now so not everything is relevant, but it was all still interesting and where some sections were not relevant to me, it prompted me to look for and research the equivalent in the other country as well. How and where do they start? One other suggestion, there is a wealth of information in this course. I'm sure most people will have taken notes. But it might be worthwhile if you could provide a checklist of things to do (action points) for each section. We could then use these checklists to put together our own personalised action plan. Finally, thank you Thomas and Bahl for making this audiobook a masterpiece. I shall be recommending it to all my friends

15 of 15 people found this review helpful

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  • Alicia Carter
  • 22-06-19

Great Duo

If you already love Thomas and Bahl than why not step it up and jump into their Masterclass?! Great thoughts that dive a little deeper and uses the guidance of other professionals. This is set up like a personal finance less of a Mystery. I am half way though and I'm enjoying it so far. It will helps to get the support you need to reach your goals. Thanks Thomas and Bahl!

13 of 13 people found this review helpful

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  • Victor Smith
  • 22-06-19

Appreciated

This was a really great audible on personal finance. The instructors are very personable and relatable. I appreciate the author compiles a list of over 130 most common personal finance terms you’re likely to encounter. Every term is explained in detail, with clear and concise article style description and practical examples. They should be teaching courses like this in high school!

13 of 13 people found this review helpful