Product Description

Too many personal finance consultants offer financial advice that ignores the big picture and instead focuses on investing. You need much more than that to plan your future. You need a broader understanding of personal finance that includes all areas of your financial life in order to become financially sound.

Personal Finance for Dummies, 5^th Edition is full of detailed, action-oriented financial advice that will show you how to lower expenses and tame debts as well as invest wisely to achieve your financial goals! Now in its 5^th edition, this up-to-date guide covers all the latest trends to ensure your financial stability. Just some of the updates and revisions include:

• Reviews of the new and revised tax laws and how to take advantage of them
• The latest scoop on Medicare and Social Security and what it means for you
• Updated investment advice on mutual funds and other managed investments
• Enhanced smart spending tips
• Coverage of new bankruptcy laws and how to eliminate consumer debt
• Smart ways to use credit and improve credit scores
• Expanded coverage on educational savings options

This hands-on, straightforward guide features ways to survive life changes such as starting your first job, getting married, having children, and retiring, as well as helpful tactics for preventing identity theft and fraud. With Personal Finance for Dummies, 5^th Edition, you’ll be able to achieve financial strength and start concentrating on the more important things in life!

Product Details

• Amazon Sales Rank: #2183 in Books
• Published on: 2006-09-12
• Original language: English
• Number of items: 1
• Binding: Paperback
• 448 pages

Amazon.com
Personal Finance for Dummies offers sound and practical advice for those who want to get control over their personal financial lives. Author Eric Tyson points out the most common mistakes that we all make in our approach to money and prescribes ways to save and invest for a secure future. Using worksheets, the book helps you to measure your own financial health by looking at factors such as how much debt you carry, your savings rate, as well as investment and insurance checkups. The book looks at how you should invest your retirement account, approach taxes, and provides a good overview on how to buy real estate.

Althea Thomson, PBS Nightly Business Report
...by far the best book I have read on financial planning.

Book Info
Provides information needed to take control of finances, cut taxes, and achieve your financial goals. Discusses how to assess your financial situation, reduce spending and debt, and build wealth with wise investments. Softcover.

Customer Reviews

Personal Finance for Dummies
Thought the book brought things to light I knew that I was in trouble this book just made me see more clearly how to try to fix things.

Very informative and helpful; odd section on saving money
This book is pretty informative and gives helps guide you on preparing your finances. It talks about a lot of pitfalls to watch out for, and gives you some straight opinions on employer retirement plans and debt management, as well as some thoughts on good debt vs. bad debt.

The only problem I have with it is the section on cutting costs. It is a little out of place and some of the recommendations on how to save money are a little bizarre and out there. Shaving your head to save money on hair supplies and taking naps at home for vacation instead of going away got a raised eyebrow from me, as did his belief that you have to be a small business or nonprofit to get a Costco membership. He also talks about giving up meat as a possible avenue for cost savings (because it costs a lot).

Like I said, the rest of the book seems to have sound financial guidance. The section on saving money?

Take it with a grain of salt.

a must-have for kids on their way to college
If you have a kid going off to college, make sure they read this. It is simply the most valuable book they will ever read. And don't forget to get one for yourself. There's a lot of time-worn wisom in this book that most people are ignorant of.