Great Money Books
Written by mobby man   
Friday, 25 April 2008

Each book is easy to understand -- no math major required -- and all come recommended not only from me but from several of my colleagues, they're well worth the investment. (They also make great gifts, parents!)

 

 

Life After School Explained

 

Life After School Explained is written by a team of young professionals who draw largely from their personal experiences in the real world. Its focus is for those who don't know anything about living on their own, which, whether we want to admit it or not, is probably most of us. It's basic, straight forward and a cinch to understand.

 

 

Get a Financial Life

 

It's specifically written for the twenty- and thirty- something crowd, so you get tidbits of wisdom on topics and goals that you actually care about (for example, how to protect yourself when renting, how to pay off student loans and how to find the right mix for your investments when you're young). Get it. Read it. Reference it often.

 

 

The Wealthy Barber

 

It's the story of three young adults who realize that they don't know squat about how to create a long-term financial plan for their future. They turn to a parent for help who points them to an unlikely expert: The local barber, who managed to turn a low-wage job into a comfortable lifestyle with millions of dollars in the bank. The secrets imparted are simple and easy to follow , and it illustrates that you don't have to have a six-figure salary to live the good life.

 

 

Debt-Free By 30

 

Debt-Free By 30 covers the basics of prioritizing your debt, finding extra money to pay it down faster and handling situations in which you might be tempted to rack up more debt. Methodically paying off your credit cards may not sound sexy, but this book will make you a believer and give you the tools to pull it off.

 

 

Saving for Retirement

 

MarksJarvis doesn't try to impress you with her well of knowledge. Instead, she comes across as a patient and humble parent or teacher taking the time to make sure you know what you're doing. Saving for Retirement is a good size (228 pages) and the table of contents looks intimidating at first. But that's just because the book is broken down into small, easy-to-digest headings. That makes for quick referencing later.

Investing for the long-term should be a top goal for every young adult, and this book gives you the nitty gritty details you seek without sending your head into a spin . It's very thorough, yet simple to understand without making you feel like an idiot.


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Last Updated ( Tuesday, 06 May 2008 )
 
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