Product Description

Plan for a bright financial future

Planning for your kids' college tuition and your own retirement is a lot more difficult today than it was for your parents. Self-directed retirement accounts like 401(k)s and IRAs as well as tax-deferred college savings plans require you to make your own savings and investment decisions. That's why you need Financial Planning Demystified.

Written by Paul Lim, Chief Financial Correspondent for U.S. News & World Report, this book begins by focusing on assets and liabilities and discusses ways to save money, avoid debt, and maintain good credit. Then, you'll get a thorough overview of different types of investments, such as stocks, bonds, mutual funds, real estate investments, and more. Finally, you'll find easy-to-follow advice on how to organize and protect your financial accounts.

This quick and easy guide features:

• Checklists and questionnaires to help you plan
• Proven advice from a financial expert
• Helpful charts and tables
• A quiz at the end of each chapter to reinforce learning and pinpoint weaknesses
• A final exam at the end of the book
• No unnecessary technical jargon

Packed with clear explanations and priceless tips from a pro, Financial Planning Demystified is your shortcut to planning for a lifetime of income.

Product Details

• Amazon Sales Rank: #424270 in Books
• Published on: 2007-09-24
• Original language: English
• Number of items: 1
• Binding: Paperback
• 320 pages

About the Author

Paul J. Lim is chief financial correspondent for U.S. News and World Report magazine and writes an investing column for the New York Times. He is the author of Investing Demystified.

Customer Reviews

The best in Personal Finances 101
I was looking for a book that would truly be a "101" type of explanation of all of the ins and outs of stocks, mutual funds, IRA's, etc. and this book does an excellent job of doing just that.

This book is perfect for those who have always been intimidated by the world of finances and money management but have a desire to understand all of the terminology, pros and cons, and options available to start successfully planning for your future. It's easy to read and understand and will make you say "SO THAT'S WHAT THAT MEANS!!!" over and over again!

Great Guide for a Novice
Great book, well written, but the best part is it's understandability. This book is an excellent reference tool for the "soon to be retired". It will enable you to participate in meetings with financial planners without the fear of being steamrolled or having that deer in a headlights look.

Read, enjoy, and get an education into the world of financial planning...........yee haw!

Money does not buy happiness, but the lack of it surely creates misery
This book is not unique in any way, but it does provide readers important financial education. In schools, students are taught subjects such as English, poetry, math, and history. While these subjects are important, we as a society are poorly educated about our finances.

This books teaches readers basic information about stocks, bonds, real estate, the compounding of interest, credit card debt, and much more. It will not make anyone an expert, but it provides a good introduction that should help people make better financial decisions. Good financial decisions can make one's life a lot easier. At the same time, poor financial decisions can turn one's life upside down.

- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market