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The Index Card
Book

The Index Card

Why Personal Finance Doesn’t Have to Be Complicated

Portfolio, 2016 подробнее...


Editorial Rating

9

Qualities

  • Comprehensive
  • Applicable
  • Well Structured

Recommendation

Financial columnist Helaine Olen and professor Harold Pollack boil down personal financial planning to a set of 10 clear rules that would fit on an index card. They illustrate these rules with personal stories, explanations and definitions. Their examples blend research with common sense and direct experience. The result is extremely useful, though some of the book’s advice is specific to the United States. While never giving investment advice, getAbstract recommends this dandy little manual to anyone seeking sound financial management tools.

Take-Aways

  • To help you gain control over your finances, follow 10 simple rules you could fit on an index card: First, save 10% to 20% of your income.
  • Pay off your credit cards each month.
  • Max out your 401K or other tax-advantaged retirement account.

About the Authors

Author of Pound Foolish Helaine Olen writes The Bills column for Slate. Harold Pollack is the Helen Ross Professor of Social Service Administration at the University of Chicago and a nonresident fellow at the Century Foundation.


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    A. Y. 5 years ago
    Nice
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    V. M. 7 years ago
    good book I advise you to read
  • Avatar
    D. M. 8 years ago
    Good practical advice!