I was a bit skeptical about this book touting 10 secrets that could move one from fearful insecurity to confident control. However, the more I read, the more I was impressed. The chapters in this book are clearly written so that the novice finance person can understand yet are informative enough that no detail is lacking. There are so many tips and tricks that I was not even aware of. For instance, beyond home and car insurance, there is insurance for long term life care (aka - assisted living). Beyond saving for a child's college, there are specific tax-deferred plans calls 529s. While wills may list out who gets what in the event of one's death, they do not overwrite the beneficiaries listed on one's life insurance policy. For investing, it is okay to see money lost since the stock market with its ups and downs historically trends up over time. There are so many other tidbits I'd love to share, but I encourage readers to find out for themselves. Stroud is not just some savvy person who reads finance magazines. She has her MBA and CFA and even her own finance company. She knows what she is talking about. As for the "faithful" part of this book, there is no health and wealth gospel preached. Rather, each chapter starts out with a Bible verse and Stroud talks a bit about her Judeo-Christian faith in the front and end matter of the book. I definitely recommend this book to anyone wanting to get their finances in order.
No comments:
Post a Comment