The Value of Debt in Building Wealth: Creating Your Glide Path to a Healthy Financial L.I.F.E. - Tapa dura

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THOMAS J. ANDERSON is founder and CEO of Supernova Companies, a financial technology company providing a comprehensive platform focused on managing both sides of an individual’s balance sheet. A nationally renowned financial planning expert, he is author of The Value of Debt, which made the bestseller list at The New York Times and USA Today.

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From the New York Times bestselling author of The Value of Debt

Praise for THE VALUE OF DEBT IN BUILDING WEALTH

"Trying to achieve financial success without using one side of the balance sheet is like trying to swim without using one of your arms: you'll survive, but you won't be winning any races. Tom has explained how to strategically and prudently use debt to build wealth and live a better life."
?Raj Date, Former Deputy Director, U.S. Consumer Financial Protection Bureau, and Managing Partner, Fenway Summer Ventures

"The invention of debt fueled all of the Enlightenment, the Industrial Revolution, and Silicon Valley, and has resulted in almost every innovation and invention that man uses today. Nobody gets this. Tom Anderson gets this. A valuable book to understand a controversial topic."
?James Altucher, bestselling author of Choose Yourself and The Power of No

"Given how many people get trapped in the cycle of oppressive, high-interest rate debt, it's easy to dismiss all debt as inherently bad. The Value of Debt in Building Wealth shows us?both practically and mathematically? that the right kind of low-interest debt can help grow wealth. Debt can and should be used to invest in growth: a home, a business, or your own education, and if your return on investment exceeds the cost of debt. This book will give you a plan."
?Aaron Patzer, Founder of Mint.com

"There is a wealth of deep knowledge in finance on the value of debt for both corporations and individuals and how the judicious use of debt can ensure that its benefits exceed its costs. However, much of this knowledge remains within academia and is not readily accessed by households and individuals who have much to learn from it. Tom's book does a great service by taking this knowledge, combining it with his own vast experience in financial markets, and presenting it in a refreshingly new and persuasive way. It should be a valuable tool for people who want to learn how to optimize the way they use both sides of their balance sheets to build and preserve their wealth for a better life."
?Dr. Anjan Thakor, Director of Doctoral Programs, and John E. Simon Professor of Finance, Olin School of Business, Washington University

"Tom encourages us to look at how using both sides of the balance sheet can help us achieve our goals. The real-world case studies will have you wondering why you've never heard about debt in this way before. You'll close this book feeling more empowered about your financial future."
?Dr. Michael Gibbs, Clinical Professor of Economics, Booth School of Business, University of Chicago

"Embracing debt can be a tough concept to overcome. In The Value of Debt in Building Wealth, Tom once again shows a way to break through the conventional noise by offering a thoughtful perspective grounded in proven financial theories on the strategic use of debt. Thought-provoking, digestible, and compelling, this book is for everyone who wants to get the most out of their money at each stage of their life."
?Dr. Mahendra Gupta, Geraldine J. and Robert L. Virgil Professor of Accounting and Management, and former Dean, Olin School of Business, Washington University

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Conventional financial management advises people to pay off debt as quickly as possible, but The Value of Debt in Building Wealth turns this idea on its head and shows you how to strategically use debt to your advantage. This comprehensive road map provides specific and actionable direction on how to leverage both sides of your balance sheet so you can establish a financial safety net, grow your personal wealth, support your dreams, and save for retirement.

In his bestselling The Value of Debt, nationally renowned financial planning expert Thomas Anderson introduced his thought-provoking approach to growing wealth by incurring strategic and purposeful types of debt. In this long-awaited follow-up, he applies his widely proven approach to all stages of your financial life with up-to-date case studies and a tangible framework that makes it easy to custom-fit his methodology to your unique circumstances and practice it in the real world. He provides tools and specific guidance for optimizing your assets and debt in order to evolve into the next phase and eventually retire?possibly making more money than you did when you were employed! The cornerstone to his accessible approach lies in the power of compound interest, one of the most basic investing principles, and this extensive guide offers in-depth discussions on the asset side of your personal balance sheet with actionable ideas on risk, return, and diversification so you can capture the spread over time in bull and bear markets. From investment basics to the nuances of fixed and floating debt, this authoritative guide shows you how to make debt work for you, and includes discussion of:

• Where you should direct your cash flow funds
• How to get a very important jumpstart on maximizing your investments earmarked for retirement
• The importance of liquidity and lines of credit

The Value of Debt in Building Wealth reveals a path to balance and financial security through optimizing your resources.