Financial Affairs Of The Common Man: Master the Art of Personal Finance Management

by Anil Lamba

Financial Affairs of the Common Man presents a collage of the various aspects of personal finance management that every individual should pay heed to. It introduces the concepts that you must understand to effectively plan your finances, and provides the tools and the knowledge needed to do so.Read this book, written with the common man in mind using easy-to-understand language, to understand the power of compounding and the effects of inflation on investments. It's time to familiarize yourself with mutual funds and SIPs, and to gain a deeper insight into the making of personal balance sheets and income tax provisions.

Genres: Finance

Paperback

Reviews

[Varun Mittal · Rating 5 out of 5]

"Financial Affairs of The Common Man" by Anil Lamba provides a comprehensive guide to personal finance, aimed at empowering everyday individuals with essential money management skills. Lamba's approachable writing style simplifies complex financial concepts, making them accessible to readers with varying levels of financial literacy. The book covers key topics such as budgeting, investing, tax planning, and retirement, offering practical insights and actionable advice. I particularly found the rule of 72 insightful. Some readers may find the content targetted at only an Indian audience, limiting its universal acceptance or applicability. Nevertheless, the book's emphasis on practicality and its attempt to demystify financial jargon make it a valuable starting point for those seeking to enhance their financial acumen. Readers looking for more advanced or globally relevant insights will definitely need to supplement this book with additional resources.

[Dev · Rating 4 out of 5]

"Financial Affairs of The Common Man" by Mr. Anil Lamba is an insightful and practical guide tailored for young Indian individuals embarking on their financial journey.

Mr. Lamba covers essential topics such as taxes, budgeting, insurance, and various tax-free investment options like ELSS and PPF, making complex concepts accessible to beginners. The inclusion of basic information on cryptocurrency and REITs (Real Estate Investment Trusts) adds a modern touch to the traditional financial advice.

One of the standout features of this book is its clarity and simplicity, ensuring that readers can easily grasp and implement the financial principles discussed. If you are just starting on your path to financial freedom and planning to stay in India for the foreseeable future, "Financial Affairs of the Common Man" is a highly recommended read.

[raghuram · Rating 5 out of 5]

Must read for New age earners

If you're a new age earner and are looking for different ways of streamlining your financial portfolio, this is a great start. However the right time to read this book is spending a year making your own money decisions, making mistakes and then reading this. Although most of the concepts discussed are basic, the book covers diverse concepts on personal finance. There are many chapters in this book that I always would like to revise from time to time. It's simple and a no nonsense beginner guide towards financial intelligence.

[Vibhor · Rating 4 out of 5]

Good book got someone new to personal finance. It covers most of the basics well. The style is the book could have been better, as my expectations were higher after reading Romancing the Balance Sheet but the same author.

[Kalyaan Gurudev · Rating 4 out of 5]

A good book to get to know much about taxes and traditional investment options!

[Shubham Singh · Rating 4 out of 5]

A simple and concise explanation on how to handle your finances and plan them effectively. Its kind of a starter book on what are all different financial instruments you have and how to plan your financial affairs including the taxes. What's really good is it's not too heavy on financial vocabulary and is easy to understand.