Last week I picked up a copy of the the Complete Idiots Guide to Managing Your Money. Since my subway commute up the University isn’t exactly scenic, I wanted something that I could easily peruse. The book turned out to be a surprisingly a pleasant and informative read. So, after some thought, I recommending it to our readers.
This version of the idiots guide has something for everyone. If you don’t know much about money the book offers a good introduction to topics like credit cards, debt management, and retirement planning. For those with more financial experience, the authors have updated discussions of investment fees and retirement account changes. The book is also witty and avoids jargon, which makes an enjoyable read even if you don’t know much about finance.
Some of the tips it offers are:
* Time is money, so get started now
* Trim the fat in expenses by budgeting
* Keep an eye on interest rates
* Avoid incurring expensive credit card debt
* Buy aggressive investments for your retirement
At first, I was a bit skeptical because some of the idiots guide books have been hit or miss. However the quality of the advice and the accessible writing make The Complete Idiots Guide to Managing Your Money a good value for its price. You can pick up a paperback copy on Amazon for about 12 bucks. Check it out!
Best,
James
