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Other Elementary Finance

  1. Oct 12, 2017 #1
    Hello everyone.

    I'm looking for a book that covers very basic finance stuff, e.g. loans, credit cards, annuities, etc., something on basic accounting like balance sheet would be nice too.

    Cheers
     
  2. jcsd
  3. Oct 12, 2017 #2
    Not sure it covers all the topics you mention but here are some options (no pun intended)
    https://www.amazon.com/gp/product/007178831X
    https://www.amazon.com/Understanding-Wall-Street-Fifth-Paperback/dp/0071633227
    https://www.amazon.com/gp/product/0465018491
    https://www.amazon.com/Finance-Barrons-Business-Review-Nikbakht/dp/0764147595
    https://www.amazon.com/gp/product/0470481307

    I have an MBA in Finance, but i do not want to recommend the books that we used because they probably will be a overkill for your purpose.
     
  4. Oct 13, 2017 #3
    Thanks. That looks like business finance, which is half of what I'm looking for. I'd also like stuff on personal finance, like taking out loans, repayments, how credit cards work, etc.

    Also, is this stuff specific to the USA, or is it applicable everywhere, because I'm a South African.

    Cheers.
     
  5. Oct 13, 2017 #4
    Yes, as I said, it probably does not cover all your topics. Also, yes, it is applicable to USA only (although the principles should apply nonetheless).
     
  6. Oct 31, 2017 #5
    In case anyone else reads this, I found "An Introduction to the Mathematics of Money: Saving and Investing" by Lovelock, Mendel and Wright. I've just found it, so I haven't gone through it yet, but the chapters are:

    Simple Interest
    Compound Interest
    Inflation and Taxes
    Annuities
    Loans and Risks
    Amortization
    Credit Cards
    Bonds
    Stocks and Stock Markets
    Stock Market Indexes, Pricing and Risk
    Options
    & Appendixes on Maths and Stats.

    Looks like most answers are included, and prereqs are a year of calculus.

    Also, for business finance, it looks like it falls under the heading of Financial Acounting, or something like that, if anyone's curious.
     
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