The “perfect storm” of global economic disaster is now hitting every area of personal finance. Retirement accounts, retiree nest eggs, home prices, and just about everything else of value are being swept away in the chaos. You can either passively try to wait out the storm or take immediate action to protect yourself, your family, and your future.
In Safe Money in Tough Times, Jonathan Pond explains how to stay afloat while the economy sinks. Employing the practical, commonsense knowledge and wisdom that has made him one of America’s most popular personal finance experts, Pond helps you both weather the storm and position yourself to profit when the economy inevitably rebounds. He tackles every area of your financial life that is or will soon be affected by the Great Recession, from investing defensively and selecting the safest investments to strategies for paying insurance and tuition bills when times are tough. You’ll find easy and practical tactics for
Managing debt Reducing expenses Coping with unemployment Minimizing complications if your financial institution fails Protecting your retirement savings Making informed decisions about your home and mortgage Improving your credit standing Preparing for fi nancial emergencies Although he acknowledges the gravity of our economic situation, Pond takes you past the pessimism of today’s media commentators and presents the crisis as a means for educating yourself, changing bad habits, and eventually enjoying unexpected profits. With Safe Money in Tough Times you have what you need to bypass the so-called experts and develop your own financial strategy with confidence.
Complete with checklists and worksheets, this prescient guide provides everything you need to take control of your investments, beat the recession, and develop an all-weather financial and investment plan that will last a lifetime.
Buku yang membuka mata saya, bahwa kita harus membangun pondasi keuangan pribadi dan keluarga yang kokoh dan stabil, utamanya di tengah kondisi ekonomi yang bisa memburuk setiap saat.
Dalam buku ini, kita tidak hanya dipandu bagaimana mengelola uang pada masa krises, tetapi juga bagaimana menghadapi masa pensiun, ancaman kehilangan pekerjaan, berinvestasi dengan benar, mengajari anak untuk mandiri sejak kecil, mempersiapkan pendidikan anak, membeli rumah, menghadapai pailit, hingga bagaimana mengelola pada kondisi ekonomi yang cerah.
(Non-Fiction) I skimmed this book and found it very useful. It's very practical, and it's a quick read. The checklists at the end of each chapter are helpful for those who are uneasy about the recession.