Product Description

A guide to achieving financial stability and prosperity encourages new ways to think about and manage money, discussing such topics as balancing a budget, planning for entertainment, and getting out of debt.

Product Details

• Amazon Sales Rank: #320795 in Books
• Published on: 2005-07-25
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 304 pages

Review
"More clearly than anyone else...Ýthe authors have shown how little attention the nation and our government have paid to the way Americans really live."

-- Jeff Madrick, "The New York Times"

Customer Reviews

A really great book to help you sort out your finances
I an a spendaholic who's credit card debts have slowly got bigger and bigger for years. This book totally de-mystifies why I spend what I do and what tricks the financial institutions are playing that I keep falling for without realising it. This book has motivated me to break my bad habits and start building a stronger financial future for my family. Although some of the things in the book have an american bias, it is equally applicable in the UK. A really excellent book, if you follow the advice it really works!!!!

Highly Recommended!
Authors Elizabeth Warren of Harvard Law School's faculty and her daughter Amelia Warren Tyagi, a Wharton School of Business graduate, veer away from the usual save-your-pennies, clip-your-coupons genre of financial advice. They are less interested in teaching you how to pinch pennies than in showing you insightful ways to reclaim your life from your creditors and establish a sense of financial well-being. In fact, they warn that penny-pinching can be a dangerous distraction. The solution to out-of-control debt, they say, is a balanced approach, which begins by trimming the big-ticket budget busters that are devouring your income. The authors go beyond soft anecdotes and generalities to delineate specific tactics for plugging the holes in your finances, supported by diagnostic tests for readers. Occasionally their writing style is awkward - such as when they relate first-person anecdotes by specifying in parentheses which author is telling the story - but the book is otherwise lucid. The content reflects extensive, resourceful research. Best of all, the authors are realistic and don't promise any quick fixes. We strongly recommend this volume to anyone who needs financial guidance - and considering that U.S. banks alone will earn more than $100 billion this year in credit card interest, fees and other charges, that should include plenty of readers.