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Please note: The content is generated by an AI language model based on reviews. We are constantly improving the accuracy, however, its outputs may contain errors or offensive content from certain reviews. Please report any errors or offensive content to us. Also, please note that we will not collect your questions unless you click the thumbs up/down button to provide feedback. The answers displayed will be stored by us so if another Fakespotter asks a similar question we can provide them an answer faster. Your feedback will only help us make Fakespot Chat better! By using Fakespot Chat, you agree to Fakespot's terms of use and privacy notice.

Pros & Cons

The AI used to provide these results are constantly improving. These results might change.

Pros

The index card is a must read for anyone who doesn't work in finance. It covers every area of money from loans to retirement to saving. The information is sound and will benefit most beginner investors. Check out pollack’s follow-up on budgeting, prot...  Read More

It is written in a clear and straightforward manner. It's not the same recycled advice that can be found in nearly every article or most books about personal finance. The authors gave concrete examples/case studies from their own lives or the life of ...  Read More

This book is an excellent resource for anyone who wants to understand the basics of personal finance and what pitfalls to avoid. Quick informative and genuine advice for the personal finance noob. You don't have to spend long hours studying and resear...  Read More



Cons

It's written in the free application for federal student aid, (fafsa), the form submitted by parents and students, not to include those assets. The family saga story of this book is disingenuous. And this card/book’s promise that study is avoidable is...  Read More

They never talk about the benefits of whole life insurance with a fair and open comparison. For international readers the only practical advice is to save a certain percentage of your income monthly. They claim that workplace retirement plans typicall...  Read More

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Highlights

The AI used to provide these results are constantly improving. These results might change.

Quality


This was the last one that i purchased and i am very pleased


Excellent advice for the middle class worker


This is known as moral hazard and is often referred to with the phrase when you subsidize something you get more of it

Overview

  • How are reviewers describing this item?
    financial, personal, great, simple and easy.
  • Our engine has profiled the reviewer patterns and has determined that there is minimal deception involved.
  • Our engine has discovered that over 90% high quality reviews are present.
  • This product had a total of 687 reviews as of our last analysis date on Dec 8 2022.

Helpful InsightsBETA

The AI used to provide these results are constantly improving. These results might change.

    Posted by a reviewer on Amazon

    When someone moans about their financial situation i recommend this book


    Posted by a reviewer on Amazon

    With some additional reading on wikipedia you will understand that his success comes from having lived and breathed business management not stockpicking clairvoyance before he even hit double digits and if youre just starting professionally in your twenties without the same talent and drive you will never ever catch up to him


    Posted by a reviewer on Amazon

    I take issue with chapter 9 however


    Posted by a reviewer on Amazon

    From the book when someone decries social security as a ponzi scheme remind him or her that many elderly would lead much poorer lives without it


    Posted by a reviewer on Amazon

    The subsequent counter to this is that many allowed themselves to become dependent on government largesse after it was offered


    Posted by a reviewer on Amazon

    This is known as moral hazard and is often referred to with the phrase when you subsidize something you get more of it


    Posted by a reviewer on Amazon

    Its called social security after all


    Posted by a reviewer on Amazon

    Thats why payouts decrease as the years pass were living longer and having fewer children to foot the bill

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Please note: The content is generated by an AI language model based on reviews. We are constantly improving the accuracy, however, its outputs may contain errors or offensive content from certain reviews. Please report any errors or offensive content to us. Also, please note that we will not collect your questions unless you click the thumbs up/down button to provide feedback. The answers displayed will be stored by us so if another Fakespotter asks a similar question we can provide them an answer faster. Your feedback will only help us make Fakespot Chat better! By using Fakespot Chat, you agree to Fakespot's terms of use and privacy notice.