Straight-up, jargon-free advice on personal finance for those made nauseous by the phrase "personal finance." What the hell's a stock? A bond? A mutual fund? And why do I need to know? Is it better to start investing, or pay off that lingering credit card balance? Should I borrow money to buy a bungalow? A Jaguar? A jalopy? How? What's so great about compound interest anyway? Is the price of this book tax-deductible? The Green Magazine Guide to Personal Finance answers these questions and provides savvy, sensible money advice for anyone who doesn't want to wade through lots of b.s. Ken Kurson, editor of the critically acclaimed Green magazine, demystifies all types of personal financial matters--investing, retirement planning, credit card debt, student loans, first-time home buying, insurance, taxes--as well as providing valuable information on learning to live within your means, dealing with deadbeat roommates or spendthrift boyfriends, and putting on a cheap wedding. Ken Kurson's engaging yet always pragmatic money-speak is enlivened with real-life examples, pie charts, comics, and dead-on humor. His advice doesn't always sound like Dad's, but it's every bit as solid. The Green Magazine Guide is the only book that speaks to all those who are cynical, intimidated, or simply flummoxed about money matters.
DO NOT WANT! I wanted to be all cool when requesting xmas gift books - I was already asking for Ramit Sethi's book (previously reviewed) and wanted to make myself extra smart by getting TWO personal finance books. Alas, in all the good reviews of this one, I did not realize that it was published in *1998*. You know what's changed since 1998 that affects personal finance? Pretty much everything. Key points: the Internet; very low-cost index funds; lifecycle funds; cell phones; and did I mention, the Internet. Not worth reading. Had I read it in 1998 I might have given it 4 stars for decent advice and easy, readable style, but in 2010 it has little value as a personal finance book. Read Ramit Sethi's book; skip this one.
I remember really liking it when I read from the Chicago Public Library as an undergrad 7 or so years ago. Another reader says don't read this - only read Ramit Sethi's "I Will Teach You To Be Rich". Well, Ramit's advice is usually quite good but I remember this book discussing some topics not present in Ramit's book. I remember it discussing socially-responsible-investing (SRI) (including suggesting much SRI investing might have little actual social impact) as well as a cute thought experiment showing that buying non-perishable food on sale can have a high ROI.