Book Review: What The IRS, Wall Street, Banks, College And Universities Don’t Want You To Know About Saving For Your Future And Saving For Your Child’s College Education

Title: What the IRS, Wall Street, Banks, Colleges and Universities Don’t want you to know about saving for your future and saving for your child’s college education

AUTHOR: JAMES AFUEH, CPA. 
NUMBER OF PAGES: 86 
PRICE: $15.95 
PUBLISHERS: PETERSON INCOME PLANNING SERVICES GROUP. ISBN: 978-0-578-17242-2.

Individually and Collectively Eliminating Poverty.

Reviewer: Asonglefac Nkemleke*.


 

For every gainfully employed individual in the United States of America, the 2017 ritual of another tax season is now history; not unless you have an extension, or are on a special dispensation all together.

January 1 through April 15 is an exciting season to workers, who must file their taxes, and those individuals who look up to this period to make an extra buck or simply work full time, doing the tax job for others.
Whether you filed, will file, or still dragging your feet about the exercise, the question that is usually on every mind is “How much do you know about those taxes that you pay out of the income you earn? 
Does Uncle Sam (read Government) provide you with adequate information about the taxes you pay? Does the Tax Code (which numbers hundreds of pages) provide you with adequate information to allow you plan your life and make the best of it? 
The Tax Watchdog (IRS), Wall Street, Banks, Colleges and Universities will certainly never tell you what you ought and have a right to know.
But someone has pored through those hundreds of pages, looked through tons of paper work, and taken the time to help out by unravelling what is really, really a complicated system or process.
That individual is James Afueh, a Certified Public Accountant (CPA) and an Insurance Professional who in 2015 compiled his findings into a book: “WHAT THE IRS, WALL STREET, BANKS, COLLEGES AND UNIVERSITIES DON’T WANT YOU TO KNOW ABOUT SAVING FOR YOUR FUTURE AND SAVING FOR YOUR CHILD’S COLLEGE EDUCATION.”
   
In that book, Mr. Afueh breaks down for all of us to understand and apply on a daily basis to live better, work just enough to pay our bills, and save enough to deserve our retirement and create such wealth as we can hand down to our children and grandchildren when our journey on Planet Earth comes to an end.
 
“What the IRS, Wall Street, Banks, Colleges and Universities don’t Want you to Know About – Saving for Your Future and Saving for Your Child’s College Education” is an 86-page, easy-to-read compilation that takes down the scales from your eyes and sheds light on a very, very complicated system – the U.S. Tax Code goings-on on Wall Street, and other financial institutions, etc.
 
This easy-to-carry book is divided into 10 chapters, a dedication, a conclusion, and an introduction of the face and personality behind it all.
Each of the 10 chapters breaks down into kitchen table language the complexities of the Tax Code, Wall Street and all the other hard-to-understand financial houses, institutions and groups. 
In fact, this book should be the layman’s guide and go-to text when deciding to engage in those usually difficult to explain and/or little understood jargon we find in all financial transactions.
Above all, “Want the IRS, Wall Street, Banks, College and Universities Don’t want You to Know about…” will help you know and be able to build generational wealth and prepare your offspring and grandchildren a future that you never knew, let alone inherited from grandpa or grandma. 
Dedicated “to the American people” and to his parents who are long gone, James Afueh “hopes that through the ideas presented in this book” we will be able to “individually and collectively eliminate poverty and create generational wealth for ourselves and our families.” 
“What the IRS, Wall Street, Banks, Colleges and Universities Don’t Want you to Know…”   espouses the positives of living your life the American way: paying your bills, having a good credit score, and building lifetime savings through such things as “Qualified Plans, i.e. 401(k), 403(b), 457, TSP, SEP, IRA, etc. – wealth builders that, in the long run ensure a comfortable, convenient lifestyle when retirement hits.
Another highly recommended life saver is a meaningful Life Insurance policy. 
Illustrated with charts, graphs, photographs, and other hard-to-find information, “What the IRS …” is everyone’s companion – allowing us, individually and collective, to catch a glimpse of the whys, hows, and wherefores of living the American Dream with little or no stress.
“What the IRS…” allows all of us to get acquainted with and avoid the potholes of a system least understood even by those who crafted it. 
Finally, “What the IRS, Wall Street, Banks, Colleges and Universities Don’t Want You to Know About…” is an important educational tool offering guidance to both the single parent juggling work and raising a family and the startup manager struggling to ensure that his/her business takes roots, blooms, and thrives.
Above all this book offers you practical approaches and hands-on exercises you can try out on your own or reach out and hear directly from the author. 


*Asonglefac Nkemleke, BA (Broadcast Journalism), MA (Journalism and Public Affairs), MA (Teaching of English as a Second Language). MSDE Certified ESOL Teacher. 
Ange Ngu Thomas

Author: Ange Ngu Thomas