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Book ReviewsSimple Money Solutions: 10 Ways You Can Stop Feeling Overwhelmed by Money and Start Making It Work for You |
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Book: Simple Money Solutions: 10 Ways You Can Stop Feeling Overwhelmed by Money and Start Making It Work for You
Written by: Nancy Lloyd |
Publisher: Crown Business
Average Customer Rating: 5.0 / 5
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Vital information for all college kids and new grads Rating:
5 / 5
I gave this book to both of my kids before they went to college.
My son first said that he wouldn't read it but when his roommates started getting into credit card problems they turned to this clever guide to see how he could make it through college without falling into the ubiquitous debt trap.
His fraternity brothers graduated with thousands of dollars in credit card debt. Two of them even had to move back into their parents' homes because they couldn't afford aparatments on their small starting salaries since their credit card payments far exceeded their salaries.
My son got a great job after college using advice he also found in this broad ranging book. Granted hia job didn't pay much in the beginning but without credit card debt he was able to get an apartment that he could afford and buy a used car with cash he had saved. A year later he has enough left over from his paycheck to put into a 401(k) plan. He's happy and able to support himself and his mother and I are proud that we have raised such a financially responsible son.
Our daughter chose to go directly to grad school. Learning from her brother's experiences she also followed the advice in this savvy book and just said NO to credit cards until her senior year of college. She uses the cards but pays them off each month.
While most of our friends don't like to discuss the financial problems that their kids have gotten into a lot of our neighbors' growns kids have shared their credit card problems with our kids. Some are even using the book to help them get out from under their college credit card debt.
That just scratches the surface of the useful advice in this book. All college kids and teenagers should be required to read this book before they've dug themselves into debt.
I highly recommend it.
Suspicious 5* reviews Rating:
1 / 5
Most of reviewers who gave 5* have only one review on their pages. At least it looks suspicious, at most like fake promotion.
Please save your money Rating:
1 / 5
This is one of the worst books written on finance. Nancy lloyd has a lot of fluff in this book and its only marketing. Iam glad my friend lent me this book and I didnt have to pay money for this POS. Compared to the peter Lynch and Graham book, this one is surely aimed for preschool toddlers.
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