Although each of these books is ostensibly written “for” a specific subgroup of people, the advice in each of them is pretty much identical. “Some people argue that teaching children financial basics is the parents’ job. Financial knowledge I gained from this book among other Tyson tips, gave me a head start. Personal Finance For Canadians For Dummies is a great read for anyone wanting to brush up on various aspects of personal finance ranging from reducing taxes to investing to budgeting.. A good worth reading. For someone who has their personal finances in order, this will be a boring and basic book. Improve your personal finances From budgeting, saving, and reducing debt to making timely investment choices and planning for the future, this trusted book provides you with the tools you need to take charge of your financial life. Reviewed in the United States on September 17, 2019. Expert authors Eric Tyson and Tony Martin offer pointers on eliminating debt and reining in spending, along with helpful tips on reducing taxes. 137 reviews Personal Finance for Dummies offers sound and practical advice for those who want to get control over their personal financial lives. I got two books in the mail to review this month: the 2018 edition of Personal Finance for Dummies by Eric Tyson, and The One-Minute Money Mentor for Women by Deborah Smith Pegues. It's quite well written. He promotes purchasing funds rather than stocks or bonds directly because you get experienced management with your investment. For example, whether you are single or married, your income tax bracket, have children or not, and your age will all play factors in how you should make financial decisions. This is who I am now. I bought it mostly for the information on investing and retirement accounts but found something interesting in every chapter. Personal Finance for Canadians for Dummies book. The one criticism or critique I would have when it comes to this book would be when it comes to career planning, as this book does not mention that. Everyone. Extremely helpful and easy to read. I expect they remain that way for most people. I entered the cocoon a passionate young man and emerged from my pupa a grizzled adult who cares only about making the most money possible with my limited skills and ruthlessly providing for my family. Learn how to build wealth to ensure a comfortable retirement and tuition for the kids with a primer on investing. It sucked and I never wanted to be in that position again. I read this book when I was feeling weighed down by our finances and debt. Take stock of your financial situation From budgeting, saving, and reducing debt, to making timely investment choices and planning for the future, Personal Finance For Dummies provides fiscally conscious readers with the tools they need to take charge of their financial life. The information was very outdated and did not discuss TFSAs properly. My complaint is minor, and won't affect the use of the book. The format is super accessible and readable. Thought these basics would be a good starting point. I think if you're interested in investing, just read "The Millionaire Teacher". Disabling it will result in some disabled or missing features. Personal Finance For Canadians For Dummies by Eric Tyson, MBA and Tony Martin. she would say to me when I was working at Half Price Books. Very accessible by the layman or laywoman. Welcome back. This book helped me think systematically about what we were doing with our finances, helped refine a plan to retire all our debt, and convinced me the need to save and invest for the future. When I was 28 I bought this book with $20k in debt. It provided a nice foundation for prospective homebuying, which is the whole reason I went "money mad." Reviewed in the United States on May 4, 2020. This is a great foundational book for someone looking to get serious about their personal finances. Two years later I had $20k in thr bank and was buying my first home. This book helped me think systematically about what we were doing with our finances, helped refine a plan to retire all our debt, and convinced me the need to save and invest for the future. I took notes along the way and am actually excited about creating my personalized plan and following through to provide my family with financial health. I took notes along the way and am actually excited about creating my personalized plan and following through to provide my family with financial health. The investing parts of this book were not very good. Gave me some confidence in personal finance and ideas for how to approach “adulting” after finally getting my first professional job. I read this book when I was feeling like I should get to prepare for my future personal finances and possible debt. Eric Tyson, MBA, is a nationally recognized personal finance counselor and the author of numerous For Dummies titles, including Home Buying For … In my opinion, the second half of this book is far more challenging to understand for a finance neophyte such as myself. OK so it missed yesterday's ETA, no biggie! Unfortunately, a lot of parents don't know many of the things found in this book or don't think to teach their children how to effectively manage their money. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. Read honest and unbiased product reviews from our users. "Dr. Duarte" may have a great history and background and I am sure he does well. Plus, it covers emerging investing interests like technology and global investing, cryptocurrencies, pot stocks, the lifestyle changes occurring with millennials, and more.Evaluate and manage your financial fitness Assess your credit report and improve your score Make smart investments in any economic environment Find out about international investing The expert advice offered in Personal … I wish they would get back to offering home economics and consumer education courses to kids, since it seems to be an area of deficit with most 20-25 year olds I've run into recently. Not a ton of new information for people already a little financial savvy and informed, but I still picked up a handful of useful things. The following keys to success aren’t a magic bullet, but they can help you get started thinking about the big picture. Worse than that, even. I never thought I'd be so absorbed by a book like this but when you're in that weird transitional state between student and independent adult, a book like this can feel empowering. Hi i am a high school student and i am taking Personal finance as a course this year and was wondering if this book would be recommended for the class? Makes some excellent points and have a good vision of saving and earning money. The author’s main advice throughout the book was to educate yourself on finances and to be your own personal financial planner. I expect they remain that way for most people. I will say that the most valuable portion of this book was likely insurance and speaking about the various types and necessity. Personal Finance For Canadians For Dummies, 5th Edition, is a comprehensive roadmap to financial security. I relied on my determination and physical stamina which helped me achieve so much. Easy to read. avoiding a consumer lifestyle, etc.) It has very broad coverage - everything from budgeting to investments to mortgages to wills. Eric's book is the best - hands down. I have an MBA in Finance, and I have read & studied over 30 books on the topic of personal finance. Find helpful customer reviews and review ratings for Personal Finance For Dummies® at Amazon.com. Personal Finance For Dummies, 8th Edition offers time-tested financial tips and advice on how to continue to grow your financial assets in light of the changing market and economic conditions. We review 10 of the best here. I can't believe this stuff isn't required education for public schools or even expensive colleges.This book also includes a lot of valid personal advice. Also provided are recommendations of decent companies to explore and guidance on protecting your assets and further educating yourself. I've always been fascinated with personal finance, and have tried my own strategy by reading up online. While several of these books gave me a deeper understanding of the topics, not have contradicted what I learned in this book. What have I become? This is a comprehensive and powerful book for an overview for personal finance. This is actually kind of a breath of fresh air after the dubious manifestos from unqualified gurus that I like to read. For a mid-twenty-something, the useful information I gleaned from this book could just as easily come from Wikipedia or better yet, my dad! Read honest and unbiased product reviews from our users. Perhaps I have a knack for finance or maybe I've just had to deal with it enough to need no introduction, but unfortunately I was expecting a bit more. Find helpful customer reviews and review ratings for Personal Finance For Dummies at Amazon.com. Very useful financial info. Don't become obsessed with building wealth, personal relationships can be more valuable than anything. I read an older edition of this book myself about 15-20 years ago and found it to be an excellent source of information as a recent college grad who took mostly science classes and no finance, accounting or business classes. Your recently viewed items and featured recommendations, Select the department you want to search in, Reviewed in the United States on December 27, 2018. What I especially liked is that. Easy to read. My recent reviews include “FlexScore, Part I (The Book)” by Jeff Burrow, CFP, and Jason Gordo, AIF as well as a review of FlexScore's online tool. three thumbs up!!! What have I become? Authors Eric Tyson and Tony Martin do an exceptional job of taking complex terms and making sense of the nonsensical. Before this book, even the words "retirement plans" and "investing" made me sort of worried and uncomfortable. I read this book years ago when I was a young mother, and I bought it again /ordered this latest edition to give to my two grown kids who are now college graduates. Smaller and simpler topics such as budgeting and credit cards were covered adequately. All the stuff they should have taught you in highschool and college... about money. real estate investing, college payments, insurance) could have been a whole book or course within itself, so I do think that the author did a strong job for these very large subjects. These Books Explain Why You Feel That Way. This book is a bit dated occasionally like when referring to a time when everyone one may have computers (paraphrasing) but the content and the ideas are still very applicable and pertinent to me. We’d love your help. In some families, financial illiteracy is passed on from generation to generation. I spent the first 26 years of my life with absolutely no concept of personal finance. 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