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Pros & Cons
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
Highlights
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
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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