fainancial

All in all, I now have a much better idea of estate planning and even picked up a few hints to talk to my lawyer about for adjusting my will, which I already had but hadn't updated in a long time. That's another thing the authors do well, which is mention over and over how you need to regularly update your will, your insurance, and everything else that's part of your estate planning.

The book itself is divided into two parts: (1) medical practice finacial planning and (2) personal finacial planning. For, it is Dr. Marcinko's opinion, that in-efficent practices will no longer generate the free cash flow needed for personal planning endeavors. In the current managed care environment, he indeed may be right....

For example, the book augments the traditional financial plannig disciplines of budgeting, taxation, investing, insurance, retirement and estate plannig, with the new realities of managed medical care. These previously unaddressed topics include: office based managerial and cost accounting, marginal revenue and cost concepts, negotiating skills, asset protection, office computers, software and MIS, risk management and a host of legal landmines, including OSHA, Stark I and II laws, anti-trust, insurance fraud and abuse, HMOs, MCOs, PHAs, etc.

This book is so easy to read, fact filled, and stream lined for doctors, that I consider it a must read for all medical professionals. Rather than being overpriced, it is really under valued relative to the cost efficiencies it will bring to your practice and life. Without a doubt, this book will make you money, and save you even more. Don't go to the office, or through life, without it.

Doctors are NOT Poor Business People

It is well know that doctors and nurses are poor business people, especially in the world of managed care. Well, not this editor or his contributing authors; all from the fields of law, accountancy, medicine, insurance, securities, business, management and the investing and financial services professions.

Not only does the first section of this book review medical office practice management tips, but it also teaches physicians how to profit more from their toil. Then, the book relates best practices to invest hard earned money in the sectors of risk management, budgeting, housing, automobiles, college educaton, taxation, investing, retirement and estate planning.

URLs and information resources abound, and the CD-ROM is a fabulous guide giving 'real-life' examples for the above topics. Physician and healthcare provider specificity makes this major textbook a 'must read' for all medical professionals.

Table of Contents Preface About the Editor About the Computer Disc Disc Contents Contributing Authors Ch. 1 Setting Up a Medical Practice Ch. 2 Office Business Equipment Ch. 3 Business Decision-Making in Medical Practice Ch. 4 Practicing Medicine in the Era of Managed Care Ch. 5 The Economic Fundamentals of Financial Planning Ch. 6 Essentials of Risk Management and Insurance Planning Ch. 7 Personal Financial Accounting and Income Taxation Ch. 8 Medical Office Tax Reduction Strategies Ch. 9 Introduction to Investment Concepts Ch. 10 Portfolio Management Ch. 11 Principles of Asset Protection Planning Ch. 12 Elements of Retirement Planning Ch. 13 Techniques of Estate Planning Ch. 14 Planning for Special Situations Ch. 15 Selecting a Financial Advisory Team Glossary of Terms Additional References Web Sites of Interest National Association of Securities Administrators and Associates 1999 Member Index Representative List Index

Also recommended: 'The Business of Medical Practice' Springer Publishing Same Editor.

Thank you.

Mary Ivins discusses finances from the
point of where they actually fit in the real world, and does so from a
spiritual point of view. She also includes many thoughts taken from
things that have happened in her personal life - things that motivated
her to take steps towards her own spiritual and financial
prosperity.

This is a "how to" book of the first order. At
the end of each chapter is a summery of the thoughts shared within
that chapter, and exercises for the reader to do to see how well they
understand what has been discussed.

Throughout the book are sample
forms that the reader may use as is or adopt to their own
circumstances. At the end of the book we find a glossary of financial
terms - those terms that many of use are unfamiliar with, and need to
know before we can take an active part in our financial lives.

I
truly enjoyed the discussion of where to place assets, and what the
difference in various investment opportunities means in the short and
the long run.

If you buy only one book this year to help you with
your finances, this is the one that I personally reccomend.

The glossary of terms in this book is worth the price of the book alone and is one of the best reference tools for understanding the often times challenging and itimidating financial world to a novice such as myself.

Even though this book was written with a women's slant on seeking and obtaining financial security, it will be valued by anyone who realizes the importance of being able to acquire financial security for their peace of mind should they be faced with divorce, widowhood or retirement.

Based on extensive personal experience in the Insurance Field and later as a Financial Planner, Schutz has given the experienced and the neophyte investor a "Summa" which can provide for a lifetime of sound ROI.

Though not a Contrarian, Schultz leaves the well trodden path of pure Equity and provides a broad foundation of cash-amassing Insurance, Debt Cancellation, Be-Your-Own-Banker, and Asset Allocation.

And all in an easily readable, compact, case-history supported book.

This reviewer has over 45 years of investment experience and has tried these principles. He just wishes he had access to the book at the beginning of his investment career rather than during retirement. However, the past few years of application have resulted in providing a much sounder and more profitable financial situation.

Do not miss "Financial Truths For The 21st Century", just the "Seven Secrets" are worth the modest price of admission!

This entertaining, informative book is a lifelong resource of financial information not only for those in their twenties and thirties, but for those of us for whom thirty is but a distant memory. Written in a friendly, open style, reading got money? must be what sitting down and talking to Jeff Wuorio is like. From interest rates to bonds, stocks, budgets and home ownership, this book is chock full of information and handy websites for further research that is sure to become a critical reference for years to come. Of special interest are the tips on budgeting and saving for the future. Personal anecdotes further enliven the book, and one comes away feeling not only well informed, but awed by the wealth of knowledge that Mr. Wuorio possesses. It is clear from reading got money? that getting money and being successful in saving, managing and using it is not just for the well-heeled or the older generation. This book is number one on my list of holiday gifts for all the young people in my life.

In this book Charles Stanley not only teaches the reader how to listen to God, but he also tells the reader how to take that new knowledge and apply it in real life situations. He uses examples and stories from his own life, which helps the reader relate to the new concepts and issues. Each point is backed with scripture and is followed by questions that will make the reader take a closer look at his or her walk with God.

I highly recommend this book to anyone who is stumbling in their walk with God or anyone who is trying to strengthen their relationship with the Lord. This book, although it is apart of a Bible Study series, does not necessarily have to be read in the correct order. Just pick it up, read it and don't give up because the Lord will use it to show you the way!

It may be a bit dry, but that's what you want from a text like this. Better that than to err on the side of being too insider-focussed, name-droppy, or "lite." This book explains how the money flows and that riveting enough for me.