Money Management For Canadians All-in-One Desk Reference For Dummies

by Andrew Bell, Andrew Dagys, Heather Bal

All the information you need to manage your money wisely in one great guide Looking to expand your knowledge of money management? This all-in-one resource is the tool you need. From dealing with debt and setting financial goals to starting a small business and planning your estate, this indispensable desk reference is bursting with sound financial advice. Our Canadian financial experts offer the insight you need for making first-class money-management decisions.


Setting financial goals -- determine your money personality and set a financial course that works for you

Getting yourself out of debt -- tackle credit problems and expense issues to set yourself on the right path

Buying and selling a home -- get the home of your dreams for the best price and sell your house easily and profitably

Understanding investing essentials -- explore your options to make the most of your money

Building wealth through stocks, bonds, and mutual funds -- buy the most profitable investment vehicles no matter what the economic climate

Planning your retirement -- build your RRSPs to enjoy a comfortable retirement free from money worries

Readying your estate -- ensure that your estate is properly managed and safe from taxes

Starting a small business -- set out on an entrepreneurial adventure with everything you need to be successful

"An indispensable reference guide."
--Mike Gillespie, Canwest News Service

Open the book and find:


How to manage your money to meet your goals

Budget tips to help you save more

How to reduce the taxes you pay

Expert tips on buying your perfect home

The best investments for your personality and goals

How to build a diversified portfolio

The scoop on how much you'll need to retire comfortably

Essential information on estate planning

What you need to succeed in small business

Genres: Finance, Nonfiction

832 pages, Paperback

First published December 2, 2003

Reviews

[rabbitprincess · Rating 4 out of 5]

* * * * 1/2

A very useful resource for people who want to know more about all things financial. The section on investments is particularly helpful for the novice. The authors use some very good analogies to help explain things like choosing investments (likening investments to bacon) or how the stock market works (trading hockey cards in the school yard). And I will definitely be re-reading the part about buying a house when that time comes.

My only objections were that I thought the RRSP section should have been longer (no idea why) and the chapter on credit cards seemed to assume that all of its readers were wanton spendthrifts racking up thousands of dollars of debt on multiple credit cards, when there are people who pay their balance off in full each month and have maybe only one or two credit cards. Yes you want to warn people of the dangers of excessive spending, but I thought that went a bit far.

Still, I would recommend this book to just about everyone, especially those who don't really like dealing with icky financial matters. At the very least this will give you a starting point for things to discuss with a financial adviser!

[Kathleen Sindell · Rating 5 out of 5]

The book is a well-written compiliation of the works of several authors.