Pulliam Weston ( Your Credit Score ), columnist for MSN Money and author of the nationally syndicated column "Money Talk," provides a practical, easy-to-understand guide to taking control of personal finances and establishing financial security. Like most financial advice books, this collection covers the basics, such as creating a financial toolkit, investing, planning for retirement and saving for college. While Pulliam Weston provides insights into these areas-especially for those without a financial background-she also charts new territory with her "60 Percent Solution" and "50/30/20 Plan," both aimed at spending control, as well as getting the most out of your credit cards and what to do if you've overspent on a car purchase. An advocate of online banking, Pulliam Weston maps out the right way to pay bills and advocates account aggregation and consolidation. She also provides a useful resource guide for finding a financial planner, a tax professional and an estate planning attorney. Checklists are included in each chapter, as well as helpful charts and tables that aid in getting and staying organized. This book will be a valuable guide on the path to financial control and security. --Publishers Weekly “If you want to simplify your life and make solid decisions—fast—this book is your answer. It’s one more reason Liz remains one of America’s most trusted financial columnists. Quick, easy, and empowering!” —Jennifer Openshaw, Author of The Millionaire Zone and CEO, WinningAdvice.com “As usual, Liz cuts to the chase to provide readers with practical, easy to implement tips for living a rich life. If you follow only half of her on-the-money recommendations you’ll be exponentially better off tomorrow than you are today.” —Lois P. Frankel, Ph.D., Author of Nice Girls Don’t Get Rich and Nice Girls Don’t Get the Corner Office Simplify your financial life… now and forever! • By the Internet’s #1 personal finance expert, MSN’s Liz Pulliam Weston • Stop feeling overwhelmed by your take control, the easy way! • Save time, avoid mistakes, and help secure your future Common sense. Easy solutions. Plain English. Best selling author, Liz Pulliam Weston, takes on the problem everyone has, and nobody talks the sheer hassle of managing your money! Weston offers practical guidance and easy checklists for every investments, credit cards, insurance, mortgages, retirement, college savings, and more! Discover how to consolidate, delegate, and automate your finances…save time and money…and live a more rewarding, secure life! www.lizweston.com
I learned how to pull my annual income from social security’s website dating back to 2001, so that was cool. Am thinking about opening two checking accounts, one for bills and one for disposable income. Also enjoyed the last chapter on envisioning your future.
The term personal economics is more appropriate than personal finance since opportunity costs or the economics of opportunity figure strongly in personal management, and personal accounting/finance is only a part of it. In order to follow the principles of personal management in a well disciplined fashion everything matters. Eating healthy food, abstaining from smoking, minimal drinking, and daily exercise keeps the doctor away, which means you are not only healthy and concentrate on your life efforts better but also a significant savings on healthcare costs. Same principles apply to other common sense activities; driving a small car and making fewer trips provides for savings on gas. Buying groceries using coupons or sale items; stocking up on nonperishable food when they are on sale; and taking bag lunch rather than eating out goes a long way in the creation of healthy personal economics. Life decisions impact profoundly; bad marriage, constant bickering, lack of understanding, loss of control on spending habits and credit card debts could hurt marriage and your financial future. The author uses this common-sense approach to build a healthy personal finance. She uses her experience on TV, media and internet blogs to advice readers on diverse topics including; managing credit card spending, saving for college education, insurance, buying home and car, and estate planning. To handle financial matter effectively the author suggests, while discussing couples and money, one person in a household must be a CFO, but I believe he/she must also be a chief operating officer (COO) in order to keep monetary situation under control. The book starts with a chapter on setting your financial life, and ends in a chapter on setting goals: The latter part is wisely set at the end of the book because the reader must understand investment options first.
IRA could have been expanded into a separate chapter instead of just two pages (pages 74-75). The information about buying a home is somewhat outdated since the mortgage industry has virtually collapsed, with a record number of foreclosures and looming recession. Easy Money is certainly a catchy title for the book, and definitely marketable, but there is no such thing as easy money. The front cover has the beautiful bubbly smile of the author welcoming the reader into her philosophy of personal finance, and at the end of the book you will see another happy picture of the author. I hope the reader can live up to the expectation of this book and is able to experience the same happy smile.
This was a great overview of personal finance for beginners. I love Liz Weston's clear English approach- especially when she is explaining the ins and outs of annuities and other complex investment vehicles. In all honesty, I was familiar with a lot of her advice just from reading her MSN money articles, but I still learned several new things. I just wish I had time to implement them all!