Synopses & Reviews
With 100 NEW FINANCIAL web sites!
If you're like most people, you want to get your financial life in order but don't know where to begin. Since its first publication in 1996, Get a Financial Life has helped thousands of people get out of debt, start saving, and begin investing. This updated edition -- expanded for the Internet age -- includes the latest information on how to:
- Use the Web to find the best auto loans, mortgages, and credit cards
- Invest in the stock market wisely and painlessly
- Refinance your high-rate debt -- and avoid hidden fees and traps
- Take advantage of the latest tax breaks -- including deductions for student loans
- Build a serious nest egg with long-term savings plans like the new Roth IRAs
You will also find classic, easy-to-understand advice on money basics -- everything from 401(k)s to car leases, from credit reports to life insurance, from buying the right mutual funds to buying a home of your own. Whether you earn $20,000 or $200,000, Get a Financial Life will help you navigate the new world of personal finance.
NewsweekA daring book....A life's worth of smart financial advice.
Linda SternNewsweekA daring book aimed at Generation Xers unafraid of a blunt author who will tell them what to do fast....A life's worth of smart financial advice.
Paul A. VolckerFormer Chairman, Federal Reserve BoardWith all those new choices, personal financial decision making is getting more and more complicated, even for the computer generation. Beth Kobliner's book provides a much-needed and sensible guide.
Paul A. SamuelsonInstitute Professor Emeritus, MIT; Nobel Laureate in EconomicsShaw said youth is wasted on the young. I suspect the Kobliner financial wisdoms will work out well at all our ages.
Burton G. MalkielChemical Bank Chairman's Professor of Economics, Princeton University; author, A Random Walk Down Wall StreetOne of the best guides to help young people get a handle on money matters.
Stuart VarneyCNN Business NewsI have six children who will soon need "a financial life." This is the kind of basic, readable book they should have.
Dean ShepherdAnchor, CNBCLaying a solid financial foundation is one of the most important and rewarding tasks facing young people today. In Get a Financial Life, Beth Kobliner has created a great guide that will make the job much easier and a lot more fun.
Saul HansellBusiness Reporter, The New York TimesGet a Financial Life is an expert yet reassuringly simple guide to mastering your money, for people trying to keep afloat in the wake of the baby boomers.
First published in 1996, this book helped define the financial consciousness of a generation. The entire book has now been updated with late-breaking information to address dramatic financial developments such as Roth IRAs, student loan deductibility, "check cards", and the rising impact of the Internet.
Table of Contents
1. Crib Notes
A "Cheat Sheet" for Time-Pressed Readers
2. Taking Stock of Your Financial Life
Figuring Out Where You Are and Where You Want to Go
Putting a Price Tag on Your Goals
Learning How to Reach Your Goals
Figuring Out Where Your Money Goes
Financial Rules of Thumb
Getting Your Financial Life in Order
3. Debt and the Material World
Finding the Best Loans and Getting Yourself Out of Hock
Two Pointers for Anyone with Debt
Home Equity Loans
If You're in Serious Debt
4. Basic Banking
Learn How to Get the Most from Your Bank for the Least Amount of Money
A Bank by Any Other Name
Finding a Low-Cost Checking Account
Managing Your Checking Account
Using the ATM Wisely
Joint Versus Separate Accounts
Different Ways to Save in a Bank
A Warning About Bank-Sold Investments
5. All You Really Need to Know About Investing
For New Investors, the Feeling Is Mutual (Funds)
Mutual Fund Fundamentals
Money Market Funds
A Word About Inflation
The Right Mix of Investments
Mutual Fund Expenses
Deciding Where to Buy Your Mutual Funds
Socially Responsible Investing
Buying Individual Stocks
6. Living the Good Life in 2030
Think It's Crazy to Worry Now About Retirement Then? It's Crazy Not To
What Are Retirement Savings Plans, Anyway?
Contributing to Your 401(k)
Contributing to an IRA
How Your Retirement Savings Grow
Some Drawbacks (and Why They Don't Matter)
A Word About Inflation and Taxation
Answers to Some Common Questions
If You're Self-Employed
7. Oh, Give Me a Home
Advice on Getting an Apartment or House of Your Own
What Every Renter Needs to Know
Should You Rent or Buy?
What Lenders Look For
Costs of Owning a Home
Special Mortgage Programs for New Homebuyers
If You Don't Qualify for Special Programs
Shopping for a Mortgage
Making the Process Go Smoothly
8. Insurance: What You Need and What You Don't
Finding the Right Policies and Forgoing Coverage You Can Do Without
Shopping for Insurance
Checking Out Credentials
Making the Most of Your Employer Plan
Insurance You Probably Don't Need
9. How to Make Your Life Less Taxing
Put More Money in Your Pocket and Less in Uncle Sam's
Why Is Your Paycheck So Small?
The Taxes You Pay
Figuring Out Your Tax Rate
Filing Your Tax Return
Maximizing Your Tax Breaks
Ten Tax Moves That Could Save You Money
If You're Self-Employed
Getting Your Tax Life in Order
Do You Need a Tax Preparer?