Your Money Life: Your 20s

by Peter Dunn

Your Money Life: Your 20's You will learn the best method for paying off debt, including student loans. How to cut expenses while livng the you want to live. How to determine what percentage of your income to spend on groceries, housing and transportation. Whether you are ready to buy a house or whether you should stick to renting. Finally, what your credit score means for your fianancial life.

Genres: Finance, Nonfiction, Personal Finance, Money, Self Help

203 pages, Paperback

First published January 1, 2015

About the author

Peter Dunn a.k.a. Pete the Planner® is an award-winning comedian and an award-winning financial mind. He's a USA TODAY columnist and the author of ten books, six of which were featured in a nationwide launch at Barnes & Nobles stores in January of 2015. He is the host of the popular radio show The Pete the Planner Show on 93 WIBC FM and is a columnist for the Indy Star. Pete has appeared regularly on CNN Headline News, Fox News, Fox Business as well as numerous nationally syndicated radio programs. Pete is regularly considered one of the top four national financial broadcasters in the nation.

Reviews

[Rose · Rating 4 out of 5]

Quick review for a quick read. So I definitely wish I could've read this book in my 20s, because I feel like it could've given me a comprehensive guide to many of the financial aspects of my life during that time (student loans, establishing credit, etc.) but I think it's still a relevant guide to finances for both those in the aforementioned age group, especially for its no-nonsense, concise advice dealing with debt/credit management, savings, investment, retirement building options, among other topics. (Granted, it assumes that the reader's taking steps to be financially independent, so it definitely would be more relevant for mature teens and young adults in their 20s.)

I liked Peter Dunn's advice throughout this guide - the way that this volume is organized makes logical sense for what a young adult would/should focus on in terms of their financial profile. I think I'll check out his other books based on this one to see if there are any other pieces of advice I can use for my age group - thankfully this is a part of a series where he goes through each decade of one's financial life to focus on relevant topics and concerns the reader may have. Worth keeping in a personal finance library as a reference. Library read from my university library.

Overall score: 4/5 stars.

[Dan Bacskai · Rating 5 out of 5]

I thought this was a great and concise read that covers every financial aspect relevant to someone in their 20’s. The information shared in this book is tied to realistic (and relevant) financial situations for a young adult. Most importantly each “lesson” was paired with actionable guidance to improve one’s financial wellbeing. I also appreciated that the advice Peter shared were general objectives but acknowledged how everyone has a unique financial situation that may require more focus in one category over another. I would certainly recommend this book to anyone in their 20’s that would like to improve their overall financial health.

[NET7 · Rating 5 out of 5]

To all parents, if your child is graduating high school, graduating college, still living at home, if they are under 29, this book is a must have; I wish I had read this book when I was 18. The financial planning lessons from this book are doable, are presented in an easy to read format, and the books common sense approach to having present and lasting financial security make it easily understandable to young people who dont know or understand financial jargon and who dont have financial intelligence/wisdom. I very much plan on applying the lessons learned.

[Jeffrey Jiang · Rating 4 out of 5]

Easy to read, short book on the basics. A few areas that I knew already and some I didn't. But finishing the book makes me feel like I have a good overview of the key areas to watch out for in my 20s.

[Declan · Rating 2 out of 5]

Most of this advice is poised to people who have zero financial literacy. The advice overall is pretty basic and I disagree with a lot of the asset allocations in this book. Very little mention of investing, and there's no mention at all of investing as part of your pie budget. If your someone who doesn't check up on their own finances and has no clue what they're doing then this book might be for you, but if you think you're at least somewhat financially literate you likely aren't going to gain anything out of this book.

[Clark Bray · Rating 3 out of 5]

Reading this for the second time, hoping to apply some of the knowledge now even though I just hit thirty. Takeaway: its helpful to remember that sacrificing convenience for time is why it is so easy to buy takeout when you already have plenty of food at home.

[Jackson Smith · Rating 4 out of 5]

Great book about personal finances.

[Shin Yi · Rating 4 out of 5]

Basic. Good for beginners.

[Katie U · Rating 5 out of 5]

I consider myself fairly financially savvy, but I found myself taking notes frequently while reading this book. Highly recommend for anyone in their 20s - I guarantee you'll learn something and walk away with at least one actionable tip. This series has books for people in their 30s, 40s, 50s and 60s, too. I'm talking it up to everyone I know!