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The Complete Idiot's Guide To Personal Finance in Your 20s and 30s (2nd Edition)

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Title: The Complete Idiot's Guide To Personal Finance in Your 20s and 30s (2nd Edition)
by Sarah Young Fisher, Susan Shelly, Grace W. Weinstein
ISBN: 0-02-864374-7
Publisher: Alpha Books
Pub. Date: 10 April, 2002
Format: Paperback
Volumes: 1
List Price(USD): $19.95
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Average Customer Rating: 4.6 (5 reviews)

Customer Reviews

Rating: 4
Summary: A good guide to personal finance
Comment: Fisher and Shelly have written a great guide to personal finance, covering bank accounts (and how not all banks are the same), credit cards, renting a home, getting a car, savings, budgets, savings, investments, taxes, insurace, retirement, financial advisors, and buying a home. While it talks about a lot, the authors consistently try to use simple and easy-to-understand examples and lots of examples.

Some of the topics I felt didn't relate to me at this time (e.g. buying a house), so I either skimmed them or skipped them. What's great about this book is that you can just pick and choose what you want to know about. I recommend the chapters on bugeting, investments, savings, and credit cards. Some of the chapters overwhelmed me (e.g. those on investments and mortgages) but I did learn the basics. And if I forgot what some things were, I could easily look at the glossary or skim through the chapter again.

The book also includes useful websites, books, magazines, and periodicals.

The main point that Fisher and Shelly focus on is that it is never too late (or too early) to learn about personal finance and that while you should live your life, you should also worry about the future. They don't tell you what to do and try to give the pros and cons for different options (e.g. of mutual funds, stocks, and bonds).

You should definitely read this book... Let it be the start of your journey to a better financial future, but not the end.

Rating: 4
Summary: Great starting point
Comment: Great for anyone who has to try to navigate the world of benefits and finance in this crazy world...buy it before you lose anymore money.

Rating: 5
Summary: Excellent for Gen-X
Comment: I think this is the absolute best book out there for members of generation X. The ideas are presented in a clear and easy to understand way. I have purchased three copies of this book and keep loaning it out to friends. I have read many others including Personal Finance for Dummies, Complete Idiot's Guide to Getting Rich, and Investing for Dummies, but this is the best by far. If you are looking for a personal finance book and are under age 40, try this one.

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