| Title | : | Simple Money Solutions: 10 Ways You Can Stop Feeling Overwhelmed by Money and Start Making It Work for You |
| Author | : | |
| Rating | : | |
| ISBN | : | 0812931750 |
| ISBN-10 | : | 9780812931754 |
| Language | : | English |
| Format Type | : | Hardcover |
| Number of Pages | : | 416 |
| Publication | : | First published February 1, 2000 |
As a money-media personality and former Federal Reserve Board economist, Nancy Lloyd often hears from people who want her help. Her advice to them: There are no secrets to money, just some basic rules you haven't learned yet. In Simple Money Solutions, she demonstrates logical, easy-to-follow strategies that have worked for others, and she helps you get out of your own self-defeating money habits. You can quickly and painlessly increase your financial I.Q., take stock of your financial situation, and find the path to achieving your financial goals by following the step-by-step guidelines here. There's even a Time-Is-Money calendar so you can see not only what things to do, but when to do them so they're most effective. Best of all, you don't have to wait decades to reap the financial rewards--Lloyd shows you easy things you can do to free up cash right now.
Simple Money Solutions: 10 Ways You Can Stop Feeling Overwhelmed by Money and Start Making It Work for You Reviews
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Needs an Update
Ten years later after the book has been written and what has changed?
The economy, the business climate, business model, tax laws etc.
The major change from 2000 is that now most people realize that the system is geared against them.
What hasn’t changed?
Everyone trying to get your hands into your pocket.
So sit right down and we’ll tell a tale about financial woes and how to avoid pitfalls – only that some of the advice is not relevant anymore.
But some is – especially for those who are about to go on their own financially.
Yes, I’m talking to you college students who think they are indestructible and will get a six figured job the moment you have a piece of paper in your hands.
The book is divided into 32 short chapters which are easily read with some information highlighted as “Lloyd’s advice”. This is a good first-financial-book but most of the advice is either common sense, fluff, seen elsewhere, or not relevant in 2010.
That being said, some of the advice is still good.
The chapters are divided into logical sections so the book doesn’t have to be read front to back but can be put on the shelf and be referred to as reference when needed.
I did learn a few things from this book, especially about what to beware of when buying an insurance policy and about wills and the chapter about education your children about money certainly came in handy and just at the right time (for me).
The only advice which I think is glaringly missing from the book is “sleep on it”, meaning you don’t make major decisions in a rush but take your time, even if it means walking around the block before buying that new sports car you really, really “need”.
