A new approach to understanding money and achieving financial fulfillment
Former Vice-Chairman of the U.S. President's Advisory Council on Financial Literacy, John Hope Bryant, delivers an accessible and powerful resource for everyday Americans seeking to build a strong financial foundation. This book is an easy-to-read first step toward a fulfilling financial future, helping you understand your relationship to work and money, and a key component to untangling the surprisingly simple puzzle of personal finance.
With an insightful foreword by Doug McMillon, President and CEO of Walmart Inc., you'll learn how to create wealth for yourself and your family, regardless of your educational or employment background, and how to establish a financial mindset that contributes to a sound future. You'll also discover:
- The answers to tough money questions, including the actual utility of new financial inventions like cryptocurrency
- How to think about exchanging your time and effort for money and the conditions under which you should agree to work
- Plain-English discussions of the principles of responsible long-term investing and how it differs from speculation
Acting as a critical pillar for those seeking to build a rock-solid financial foundation, Financial Literacy for All is a must-have book for working professionals, blue-collar workers, members of young families, and established businesspeople looking for a better, more secure future for themselves and the ones they care about.
Table of Contents
Foreword ix
Prologue xiii
Introduction: America’s Upgraded Business Plan 1
Dreams, Decisions, and Destinies 9
Section I What’s the Issue and Why Should We Care? 27
Chapter 1 Credit Is a Tool, Not a Toy 29
Chapter 2 The Civil Rights Issue of Our Generation 35
Section II How Did We Get Here? Aka Stories of Broken Capitalism 47
Chapter 3 Broken Capitalism and the Black and Brown People of America 49
Chapter 4 How Poor Whites Got Left Behind 67
Chapter 5 Losing Focus on the Goal: Financial Freedom 73
Chapter 6 The American Dream Deferred 79
Section III Empowerment Through Education 93
Chapter 7 Breaking the Chains: From Fast Money to Lasting Legacy 95
Chapter 8 Educating Our Kids 99
Chapter 9 Educating Our Communities 111
Chapter 10 Educating Our Entrepreneurs 121
Chapter 11 Educating Our Workforce 133
Chapter 12 Elevating Credit Scores and Empowering Dreams 143
Section IV It’s a Movement, Not a Moment 151
Chapter 13 Empowerment Through Education 153
Chapter 14 Join the Movement 161
Conclusion: A Ladder for All 165
Epilogue 171
Financial Literacy Resources 177
The Financial Literacy for All Initiative 183
Acknowledgments 189
About The Author 195
Index 199
