Thoughts and Riches

.....a blog about personal finance, motivational stories, deals, and special offers

Books

Web Domain Registration

Monday, September 10, 2007

Kiplinger.com's 5 great personal finance books

The Kiplinger.com article lists the five recommended money books for young adults. As per the article, the books are not only easy-to-understand but they also are inspirational and provide a good understanding on the basics of personal finance.

The list consists of:

The Wealthy Barber, Updated 3rd Edition: Everyone's Commonsense Guide to Becoming Financially Independent - a self-help book about a story of three young adults who turn to a local barber to gain financial wisdom.

"The Wealthy Barber certainly isn't a John Grisham novel, but at 211 pages it was readable and inspiring. I easily finished it in a weekend with plenty of time to re-evaluate my own long-term financial picture."

Saving for Retirement without Living Like a Pauper or Winning the Lottery - a simple yet thorough book on investing for the long-term.

"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."

Life After School Explained - a short, humorous and witty book on a variety of topics such as selecting health insurance plan, taxes and investing geared towards people who will leaving their parents to start a life on their own.

Debt-Free by 30: Practical Advice for the Young, Broke, and Upwardly Mobile - a witty book on a serious topics - credit card and other debt, and how to get out of it. The book is written by two people who spent their twenties piling up credit card and other debt.

"Debt-Free by 30 is their first-hand tale of how they dug themselves out of the hole and got on the path to financial freedom. The job wasn't easy, as the authors are quick to point out, but it was worth it."

Get a Financial Life: Personal Finance in Your Twenties and Thirties - a book that's comprehensive yet an easy read, and especially geared towards 20-30 something generation. The book contains info on a variety of topics such as saving money on taxes, insurance, paying off debt, buying a home, managing your daily finances and long term investing.

Except for the Wealthy Barber, I haven't read any of the other four but would now check them out. I definately agree with the reviews on the Wealthy Barber. The book contains lot of financial wisdom despite it's small size. In addition, with the book written in the form of a story, it makes for an interesting read.

For complete article, see:

Kiplinger.com: Five Great Money Books for Young Adults

posted by Ruby @ 8:12 AM

0 Comments:

Post a Comment

<< Home

See important Disclosure and Disclaimer

Favorite Quote

"If you look at what you have in life, you will always have more. If you look at what you do not have in life, you will never have enough".
- Author Unknown

Disclosure

This site uses cookies from companies like Google and others to enable the companies to deliver their services, personalize their ads and product offerings, and for traffic analysis. Information about your use of this site is shared with these companies. By using this site, you agree to its use of cookies. Additionally, this site, including blog posts, may contain reviews, links, banners, text and other forms of advertisements for products, services, courses, and so forth of companies of which we may be an affiliate member or for which we may get paid for referrals. This site may also contain blog posts for which we are paid, as well as blog posts regarding products or services of companies from which we may have received complimentary products or services.

Reward Surveys/Panels/Shopping/Contests