All the Math You Need to Get Rich: Thinking with Numbers for Financial Success

by Robert L. Hershey

Book Overview

All the Math You Need to Get Rich provides readers with all the necessary tools to make informed decisions about their personal finances. Written in a lighthearted style, the book moves step by step... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0812694473
• ISBN13: 9780812694475
• Release Date: August 2001
• Publisher: Open Court
• Length: 224 Pages
• Weight: 0.60 lbs.
• Dimensions: 0.5" x 6.0" x 9.0"

Customer Reviews

solid foundation

If you want to be smarter, specially with your money, this book is a must read. If you are in buiesness then you need to this book. the auther starts with simple interest and odds and the such and works his way into annuity and calculating mortage payments. Each chapter esplains an idea and at the end there are probloms for you to work out. Don't know how to work one of the problems? no problem, he works each one out for you, step by step. almost the whole book uses the compounding tables in the back, but you have to use compounding tables unless you know trigonometry. Or you can get a financial calculator, then you would still need this book so you can learn how to use the formulas on the calculator. Whether you own a business or a 401k, you NEED to work through this book. This will give you a great foundation.

RULE OF 70?

I PURCHASED THIS BOOK AND IT SEEMS TO BE GOOD EXCEPT THAT WHEN THE AUTHOR REFERS TO THE "RULE OF 70", I HAVE ALWAYS HEARS IT REFERRED TO AS "THE RULE OF 72". IS THIS AN ERROR OR A TYPO?

Fun With Financial Math

Here is a handy guide to life's financial problems. It is more than just an inventory as it provides the steps necessary for working with the numbers that underlie the solutions. You aren't a math wiz? No problem. Every example, and there are so very many of them, comes complete with simple words and an easy walkthrough to the solution. They build on each other, much as our real world financial problems are extensions of each other. Question: What is the world's most powerful financial force? Answer: Compound interest, of course. It is easily applied and can be made to work for anyone. The author suggests using a pocket calculator, and for most of the examples it will suffice. The more adventurous reader will want a spreadsheet, as the more involved (and realistic) examples/problems have many parts. A descriptive phrase can then accompany each number, and the rather straightforward formulas can be programmed at the start. All in all this is an excellent primer for the realities of money. The author's humorous touch adds to the book's enjoyment and utility.

All The Math You Need To Get Rich - Definitely

Mr. Hershey's lighthearted tome takes a humorous yet enlightening approach to providing clarification on a subject that frightens many - crunching the numbers. If math was one of the subjects you avoided like the plague in high school, you might think this book isn't for you, and yet, it's the perfect guide for those that might find math a little unsettling. Loaded with clear examples of everyday financial situations, it's easy to track down the answer to questions many people face on a day to day basis. I especially liked the emphasis on the effect of compounding interest and the details on calculating investments in chapter 6 and 7. One word of caution though, if you're a big time gambler, just waiting for your horse to come in, skip chapter 3. In a nutshell, if you want clear advice on understanding investments, percentages, the odds of winning or how you can strategize on long term goals, this book is the place to find it. Even for the weak of heart when it comes to numbers.