Are you too busy to pay much attention to your money? Do you worry that maybe you haven't been doing the right things? This book is for you, from Jane Bryant Quinn, the most trusted voice in personal finance today. Her classic bestseller, Making the Most of Your Money, guided a generation toward smart and sensible financial choices. Here she strips away the extras, choosing the best financial ideas and products available today. They're all you need to create a successful and long-lasting financial plan. It's money management the No Worry way.
To start with, she tells you to forget all the complicated stuff the financial industry sells. You don't need it, it costs too much, and some of it is downright bad. It's designed to make the banks, brokers, and insurance companies rich, not you.
The best ideas (a super-short list!) are simple, low in cost, and easy to use. They're also sophisticated and smart. The strategies shown here are followed by some of the most successful planners and money managers around today, yet they're something everyone can understand. They'll give you what you need from your money -- regular savings, financial security, long-term investment growth, personal control, and best of all, peace of mind.
Once you've set up a No Worry plan, you won't have to pay much attention to it. The choices you'll find here are all good ones. All you have to do is arrange for automatic payments and contributions and then get on with the rest of your busy life. You can focus your energies on your job, family, leisure, and friends, secure in the knowledge that your finances are okay.
Here's what you'll do on the No Worry plan:
- Save more money without feeling pinched
- Get rid of debt the automatic way
- Keep yourself safe, with the right amount of insurance at the lowest cost
- Zero in on the right mortgage, every time
- Pick the best college savings plan for your kids
- Understand your finances, in ways you never did before
- Find the smartest and simplest ways of investing money, to earn superior returns over the long run
The investment ideas alone will open your eyes to the newest strategies for accumulating wealth (without making big mistakes!). Jane Bryant Quinn will change the way you think about money. She has the answers busy people need.
There are no customer reviews available at this time. Would you like to write a review?
Simon & Schuster
January 03, 2006
Number of Print Pages*
Adobe DRM EPUB
* Number of eBook pages may differ. Click here for more information.
Excerpt from Smart and Simple Financial Strategies for Busy People by Jane Bryant Quinn
Chapter One: Getting Started Why Am I Even Reading This, I Don't Have Time!
I think I can change your financial life, from muddle-along to easy, permanent success. That's why I wrote this book.
"Easy" sounds phony but trust me, it's not. Of all the ways of managing money, nothing beats the simple ways. I'll go even further -- the simple ways are not only smart, they're also the most sophisticated. It takes a clear head and a wise eye to distinguish the good from the bad in the confusing world of personal finance. Only the good can make you financially secure.
From experience, I know how much time it takes to find the financial products that work the best, and time is what nobody has today. The path of least resistance carries you toward the usual stuff that the money industry sells -- investment, insurance, and banking products with high (and often hidden) fees. They're what most people buy, so you figure they must be okay.
I wish that were so. When you really study this subject, as I have, you learn that what's on offer is mostly mediocre and sometimes downright bad. The products are expensive, which wastes your money. They're often complicated, with risky angles that you didn't know about. If you pick your own investments, you may choose things that don't go together well, leaving big gaps in your security fence. If you buy from brokers and planners who earn commissions, you may find yourself trapped in a poorly performing product that you don't understand. Even your company's 401(k) may be stuffed with losers. Maybe everything will still work out, but maybe not. No wonder so many people feel a little bit anxious about their money, and out of control.
It doesn't have to be this way! Managing money isn't hard as long as you keep it simple. Not only are simple products, er, simple to understand, they cost less, gain more in value, and leave you more secure. In this book, you'll find the most straightforward, sensible products and strategies I know -- and in case you're wondering, I use them all. In fact, they're all I use.
Why am I so sure they'll lead you to success? Because simple systems fit into our busy daily lives. That's where lots of personal-finance advice falls short. You're expected to morph into some kind of expert -- a lover of picture-perfect budgets, a student of stock price/earnings ratios, a sponge for new financial terms. If you could do that -- or wanted to -- you'd have done it already. Maybe you've even tried, by reading other money-management books. If so, I know what happened. You underlined sentences, made some notes to yourself, and then went to the movies. Maybe you tracked your spending for a couple of weeks before giving up. You thought about fixing your 401(k) but your mind (or gut) still clenched. Given this history, you assume you're a failure -- a klutz who'll never be any good at personal finance.
Not true. To start with, you're smart (this isn't a "dummies" book). You're good at your job, wise about your children and friends, and know about stuff that mystifies me -- airplanes, synthesized music, quarks, patent law, ultimate Frisbee, cooking (yes, cooking). You're perfectly capable of managing money, if only it interested you. But it doesn't, so you defer, denounce, deny (and worry in the night).