Looking for good book
Steve Huskisson
I am looking for a good (beginner) book on saving money, etc. I have
seen several in book stores such as "Millionaire Next Door" "Truth
About Money" and "Get A Financial Life"
I think what I am looking for in the book would be how a middle income
earner, who isn't the best saver, can save money for the future.
There are just so many books, I don't know where to start.
Thanks
Steve
st...@signal-1.org
Cbhenry
>I am looking for a good (beginner) book on saving money, etc
Try any of the books by Ron Blue or Larry Burkette. They combine sound
principals with advice on all areas of your financial life. Investing and
saving are not the whole story.
John Ingram Baker Dugaw
I have several books on this subject. Mssrs. Blue and Burkette offer
excellent advice. However, they are making presentations from a Christian
ethical perspective. There is nothing wrong with that mind you, nor does
it disqualify their advice. I just know of some readers put off by that
slant to their message.
Another good book is "Financial Planning for Dummies". This also offers
sound advice on a broad range of topics.
"The Millionaire Next Door" really isn't a "how-to" book. It is an
excellent research oriented book that presents how wealth accumulators have
a different relationship with money. Well worth the read, but get yourself
on track first.
Any comments on how to best go about a budget? That would seems to be the
most difficult and most important aspect of getting on track financially.
Cbhenry wrote in message <19980202200...@ladder03.news.aol.com>...
Cbhenry
>I have several books on this subject. Mssrs. Blue and Burkette offer
>excellent advice. However, they are making presentations from a Christian
>ethical perspective. There is nothing wrong with that mind you, nor does
>it disqualify their advice. I just know of some readers put off by that
>slant to their message.
You're right. Sometimes people are put off by that perspective. If it turns
them off they should probably look elswhere.
I've heard about those other books and been told they are good.
>Any comments on how to best go about a budget? That would seems to be the
>most difficult and most important aspect of getting on track financially.
Budgets are tough. There are lots of variables and unique situations. The
best way to build a budget is to create one from your current spending habits.
You can use paper and pencil or a computer program or a spreadsheet. doesn't
really mater they all have drawbacks and advantages.
Determine some initial categories e.g. housing, groceries, insurance, clothing,
recreation, debt elimination, saving, giving etc. Take you check book and
write down expenditures and log them in each category. When you find one that
doesn't fit either create another category or put it in Miscellaneous.
Go back at least three months. Six months is better but don't forget to add in
annual costs like magazine subscriptions, auto registrations, etc.
Put your info by month by category and you have your begining budget. Most
financial planning books have a section on budgeting which can help.
The big question is: Now that you got a budget, waht are you going to do with
it?
Rob Lawton
The best way to save money is to pay yourself first before paying all your
bills. And do it automatic deduction from your paycheck if possible.
Because if you don't see it, you will never miss it.
Max Innis
>> I am looking for a good (beginner) book on saving money, etc. I have
>> seen several in book stores such as "Millionaire Next Door" "Truth
>> About Money" and "Get A Financial Life"
>>
Did you look at Personal Finance for Dummies (no joke). It is a best seller...
and might be what you're looking for.
Bruce King
Rob Lawton <law...@mail1.nai.net> wrote:
>The best way to save money is to pay yourself first before paying all your
>bills. And do it automatic deduction from your paycheck if possible.
>Because if you don't see it, you will never miss it.
>
>Steve Huskisson wrote:
>
>> seen several in book stores such as "Millionaire Next Door" "Truth
>> About Money" and "Get A Financial Life"
>>
>> earner, who isn't the best saver, can save money for the future.
>>
>> There are just so many books, I don't know where to start.
>>
>> Thanks
>> Steve
>> st...@signal-1.org
>
>
>
the title, but something like "Managing Your Money" - Bruce K
Richard S. Kain
Bruce King (abk...@ix.netcom.com) wrote:
Try your local library where you can browse books for free to find a
suitable one.--
------------------------------------------------------------------
Richard S Kain, CPP, PRP a professional parliamentarian
rsk...@injersey.com WTS...@prodigy.com
------------------------------------------------------------------
Purveyor of Palatable Parliamentary Procedure
Donald Gillies
>: >Steve Huskisson wrote:
>: >
>: >> I am looking for a good (beginner) book on saving money, etc. I have
>: >> seen several in book stores such as "Millionaire Next Door" "Truth
>: >> About Money" and "Get A Financial Life"
After reading many lists of "best books", and I would say that here
are some classics that are worth owning :
(a) The Wealthy Barber (mostly about Canada, though), 100pp
suitable for jr. high school audience - very entertaining,
like "The Millionaire Next Door". The basics of saving and
succeeding in our economy.
(b) Bogle on Mutual Funds, paper, 200pp - by Vanguard Chairman John Bogle
very excellent at teaching you what returns to expect
a treasure-trove of historic graphs unavailable anyplace else.
modeled after benjamin graham's bible, "the intelligent investor".
(c) A Random Walk Down Wall Street, paper, 300pp - by a very skeptical
Princeton Economist, covers stocks and derivatives. explains
many prehistoric and recent manias of investing "south seas
debacle", "tulip-mania", "nifty-50". A very excellent
reference, in its third printing in 20 years.
I would look for well-respected publishers, i.e. academic press,
prentice-hall, dover, addison wesley, etc., if you want a very high
quality book.
- Don
Pat
Bruce,
I believe the title you are talking about is "Making the Most of Your
Money" by Jane Bryant Quinn (Simon & Schuster, $30)
Here is the Women's Wire Review:
"You've probably read Quinn's savvy advice in Newsweek , Good Housekeeping
or in her syndicated column. Here, she puts her many years of knowledge
under one cover in an updated version of her 1991 bestseller. Like the
Money book, this heavy hardcover isn't one you'll read in a single sitting
or bring to the beach. But it just may have the answers to all the money
questions on your mind."
We have more reviews at http://www.womenswire.com/money/books/
I gave a different URL to a different area of our site in a previous post.
I think this link is more on track for the original question.
Pat
>I would recommned starting with Jane Bryant Quinn's book,. Not sure of
>the title, but something like "Managing Your Money" - Bruce K
>
Pat
Women's Wire Money Channel
http://www.womenswire.com/money/
========================================= MODERATOR COMMENT
MOD: I purchased it recently-good book_
Pat
Hi Steve,
We devoted a column to the subject at
http://www.womenswire.com/cashflo/b0424cash2.html
The column is written by Nancy Dunnan, and she has several books
including "Your First Financial Steps: How to Manage Your Money when You're
Just Starting Out" published by HarperCollins (800-331-3761 or your local
library/bookstore)
Also, check out the National Association of Investors Corporation. Their
online bookstore is at http://www.better-investing.org/store/books.html
Hope this helps,
Pat
Women's Wire Money Channel
http://www.womenswire.com/money/
>: >Steve Huskisson wrote:
>: >
>: >> I am looking for a good (beginner) book on saving money, etc. I have
>: >> seen several in book stores such as "Millionaire Next Door" "Truth
>: >> About Money" and "Get A Financial Life"
Mike Richardson
may want to look at Jonathon D. Pond's book "The New Century Family Money
Book." Quinn's book is more "user friendly". Pond's book has more nitty
gritty details.
Mike Richardson, CFP
Pat wrote:
> Bruce,
>
> I believe the title you are talking about is "Making the Most of Your
> Money" by Jane Bryant Quinn (Simon & Schuster, $30)
>
> Here is the Women's Wire Review:
>
> "You've probably read Quinn's savvy advice in Newsweek , Good Housekeeping
> or in her syndicated column. Here, she puts her many years of knowledge
> under one cover in an updated version of her 1991 bestseller. Like the
> Money book, this heavy hardcover isn't one you'll read in a single sitting
> or bring to the beach. But it just may have the answers to all the money
> questions on your mind."
>
> We have more reviews at http://www.womenswire.com/money/books/
> I gave a different URL to a different area of our site in a previous post.
> I think this link is more on track for the original question.
>
> Pat
>
> >I would recommned starting with Jane Bryant Quinn's book,. Not sure of
> >the title, but something like "Managing Your Money" - Bruce K
> >
>
> Pat
> Women's Wire Money Channel
> http://www.womenswire.com/money/
>