You Can Do the Math: Overcome Your Math Phobia and Make Better Financial Decisions

Every day we are faced with financial decisions. Should I buy that DVD player or 100 lottery tickets? What percentage of my salary should I allocate to my 401(k)? How much should I be saving for my daughter's college education? Will I be better off leasing or buying my next car? The problem for most of us is that we freeze up when making these choices; regardless of our level of formal education, we find ourselves intimidated by the numbers and poorly prepared to make some of the most important decisions of our lives. We've become a society of math-o-phobes with profound consequences for our financial well-being. In You Can Do the Math, Ron Lipsman draws from over 30 years of teaching mathematics to help you take control of your financial destiny by applying basic arithmetic techniques. Step by step, he walks you through the fundamental calculations that underlie virtually every financial decision. Mastering such concepts as compounding interest, lease and loan payments, and the impact of inflation, you will learn how to: BL Institute a successful college savings program BL Minimize your taxes BL Wisely purchase insurance BL Decide whether to buy or rent a home BL Plan for retirement BL And much more. Visit the companion Web site at: http: //www.math.umd.edu/~rll/cgi-bin/finance.html