Morningstar's 30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances

by Christine Benz

The quick and easy way to manage money and achieve financial goals

The recent economic meltdown has left people in terrible financial shape with little idea of how to turn things around. Using Morningstar's time-tested strategies and sensible approach to money management, "Morningstar's 30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances" breaks down important financial tasks into do-able chunks, each of which can be accomplished in 30 minutes or less. The practical, no-nonsense book
Lays out the tools to get organized, including how to create a filing and bill paying systemDetails how to find the best uses for one's money, as well as how to properly invest for savings, college, and retirementOther titles by Benz: "Morningstar(R) Guide to Mutual Funds: Five Star Strategies for Success"

These are uncertain times. "Morningstar's 30-Minute Money Solutions" provides expert guidance on all aspects of personal money management, and it does so in quick, easily digestible steps.

Genres: Finance, Money, Business, Nonfiction

320 pages, Hardcover

First published December 15, 2009

Reviews

[GERALD M HURLEY · Rating 5 out of 5]

Holds up well, easy to read and digest in "chunks"

The chapters at the end of the book were particularly helpful as I have not seen information on asset allocation, sequence of withdrawals to minimize taxes, working with estate planning attorneys and best practices for beneficiary designation together before. None of the links work anymore to the worksheets but the information in the figures is mostly still relevant.

[Margie K Moschetti · Rating 5 out of 5]

Very worthwhile read at any age

As a senior the book covers all the basics in an easy to read format in short chapters with specifics on how to prepare your own worksheet and plans. Most every life financial situation is covered from someone just starting out or at the back end of. Well worth a read and a great reference book.

[Emily Badin · Rating 3 out of 5]

This was helpful! Some new information some old but always a good start! Would recommend for beginners or people that are closer to retirement

[Brandon · Rating 2 out of 5]

Okay basic book on finances. More strongly emphasizes active management than i would recommend. Also the book doesn’t age well in terms of references, which are repetitively back to their website or to recent events at the time of writing but not at reading.

[Susan · Rating 4 out of 5]

Helpful approach to checking my personal finances in 30-minute sessions.

[Kent · Rating 3 out of 5]

Short, easy to follow guidance on various investing topics and strategies. A 30-minute money solutions website appears helpful, too, which is mentioned in later chapters.

[Mary · Rating 3 out of 5]

Some good step-by-step guidance on completing financial tasks. It was a bit heavy on the promotion of Morningstar and its tools, but that is to be expected given that Benz works for them.

[Yijun Yuan · Rating 4 out of 5]

would like to see a new edition utilize modern (5 years later) web tools

[Kyle · Rating 4 out of 5]

Why don't they teach this stuff in high school? A great how-to for all walks of life.

[Nichole · Rating 5 out of 5]

I finished this along time ago, but apparently forgot to market as finished.