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Thursday, January 18, 2018

Personal Finance: How to Make the Most of Your Money


           With the New Year comes New Year’s resolutions. And money management is on almost everyone’s list. Let these books guide you in reaching your goals.

            Dollars and Sense: How We Misthink Money and How to Spend Smarter is written by Dan Ariely and Jeff Kreisler. They identify the psychological aspects of poor money management styles and discuss how to override them. They will help you cope with the financial bombshells inherent in credit card debt, household budgeting, holiday spending, and real estate sales, and keep your interest with the book’s breezy, anecdotal style.

            Ageproof: Living Longer without Running out of Money or Breaking a Hip, written by Jean Sherman Chatzky and Michael F. Roizen, MD, is a two-pronged approach to living securely in your senior years. Chatzky, a financial expert, and Roizen, an internist at the Cleveland Clinic, explain the very important connection between health and wealth and demonstrate ways to maximize your quality of health, longevity, and financial well-being.         

            The Motley Fool Investment Guide: How the Fools Beat Wall Street and How You Can Too, is written by David and Tom Gardner, investors and authors of earlier editions of this guide, other investor manuals, and co-founders of The Motley Fool, Inc. They present a simple and effective investment strategy that espouses their theory that making money through investments involves some risk.

            Rich Dad, Poor Dad: With Updates for Today’s World – and 9 New Study Session Sections is the latest in the Rich Dad, Poor Dad series. Written by Robert T. Kiyosaki, the book presents the history of money, investing, and the global economy over the past twenty years. Then the author demonstrates how to modify your investment style to complement today’s economy. The book provides financial literacy lessons for both the reader and his or her children.            

            Unshakeable: Your Financial Freedom Playbook is written by Tony Robbins, an investment author and financial coach. In this book, Robbins interviews fifty international financial masterminds who offer their formulas to attaining financial freedom.  Your investments can grow no matter what stage of life you start or how much you earn, and whatever political and economic crises come into play.                                                       

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