Another personal finance book that I added to my repertoire in the early 2000's to try to get my life in order and advancing the way I thought it should. Knowing what to do right with money was important to me back then because I knew what it felt like to live paycheck to paycheck. It sucked and I never wanted to be in that position again. So I figured out what to do with my money and how to earn money by working hard and moving ahead in life. I relied on my determination and physical stamina which helped me achieve so much. I was young and ambitious. Good times. :)
This book definitely provided great tips for people who don't have a clue. Now that I flip back through this book, it feels like common sense. But only because I employed these ideas and concepts and made some of them commonplace practices. Good for someone just starting out!
Really good intro. I was very ignorant, but now I know better what to do when it comes to the best and safest financial moves. I just wish it was a bit shorter, but still worth reading.
Un libro muy completo con un lenguaje ameno y gracioso. Desafortunadamente muy orientado a Estados Unidos y a las cosas que allí pasan. Cómo alguien que no vive en EEUU muchas cosas no me fueron de utilidad. Aún así, sirve bastante para tener ideas de qué cosas investigar en mi propio país.
Confession: I didn't read the whole book. I used it more like a car manual, flipping to different sections as needed. Still, the sections I did read were straightforward and informative. As someone who's never dug into money matters before, especially investing, this was invaluable.
My one complaint is that I didn't read this before nearly stepping in a few financial holes, but that's hardly the book's fault. More importantly, it confirmed and expanded on my suspicions in time to backpedal, so crises averted.
Definitely worth picking up, particularly if, like me, you're not well versed in the workings of finance, personal or otherwise. I strongly advise reading this or other similar materials before jumping into the unknown.
Personal Finance for Dummies is clearly written and gives a good overview of all the basics. It has very broad coverage - everything from budgeting to investments to mortgages to wills. This is useful if you need to learn about or do multiple things at once.
I admit I was embarrassed to check out a "Dummies" book - even though I read it on my phone where no one would see the cover! However, this was a high quality read. It has many good tips and helped me build a thorough understanding. I have a better grasp on several topics (investments, mutual funds) and can now see where I need to learn more (wills, estates).
Highly recommended to help you build a solid understanding. If you're new to budgeting read Chapter 6 on reducing your spending to get a head start!