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Can someone recommend a good personal finance book/guide
I want to get control of my debts and finances. Any good reads out there that helped others?
- samd 16y agoI recommend I Will Teach You To Be Rich by Ramit Sethi.
- jasonlotito 16y agoIs it focused on the US, or is most of the advice good anywhere? Financial software, books, and websites focus so much on the US sometimes that it's hard to find things that are neutral, or focused on Canada. For example, I'd love to use Mint, but it doesn't have support for Canada.
- mecton 16y agoCanadian: "The Wealthy Barber: The Common Sense Guide to Successful Financial Planning" Easy read, covers all the basics.
- samratjp 16y agoI haven't read much on these kinds of books, but these things that I've picked up have helped and seem like common sense: 1) Don't anything big on credit unless you have the cash to back it up. 2) Stick your paycheck in the savings (or some prudent recurring investment vehicle to have at least 6*monthly wages at any time in your bank account - aka rainy day fund). 3) Income ≠ disposable spending 4) That "utility" (internet, cable, phone, etc) which can be shared can be money saved. 5) Take financial advice (including this one :-) with extreme prudence!
- apowell 16y agoI recommend The Millionaire Next Door.