Building Wealth in a Paycheck-to-Paycheck World [Paperback]

Paul Petillo (Author)

Book Description

ISBN-10: 0071423761 | ISBN-13: 978-0071423762 | Publication Date: August 17, 2004 | Edition: 1

In the bestselling tradition of The Wealthy Barber, a nuts-and-bolts financial planning guide for the rest of us

Five years ago, a butcher from Portland, Oregon, named Paul Petillo was frustrated by the lack of financial planning insights available to working stiffs like himself. To fill this gap, he created The BlueCollar Dollar.com, a website offering straight, simple money advice for people who don't have a lot of it to spare, or to lose--in other words, most of us. The site quickly grew in popularity and now attracts more than a million visitors a year.

Petillo's first book, Building Wealth in a Paycheck-to-Paycheck World is packed with safe, proven wealth-building strategies. It covers all the major components of a balanced financial plan, including:

• Straight talk on mutual funds, bonds, real estate, and annuities
• Techniques for avoiding financial disasters
• Tools to help readers track their debt and create a plan for staying out of it
• Road maps to buying a home and saving for college and retirement

Editorial Reviews

From the Back Cover

How to save, invest, and amass real wealth on even the tightest budget

What can a neighborhood butcher from Portland, Oregon tell regular working stiffs about achieving their dreams of financial independence? Everything! Inside these pages, Paul Petillo, the renowned creator of bluecollardollar.com gives you all of the tools, tips, and advice you need to understand your financial situation and make it much, much better--whatever your current income. Sure, you're thinking, but can I become as wealthy as that lofty top1% of taxpayers who get all the breaks? Quite possibly.

Okay, but what are the risks? Petillo's straight, simple advice is tailor-made for people who don't have a lot of money to spare--or to lose. You'll learn safe, proven wealth-building strategies that cover all the major components of a cautious, balanced financial plan. Paul Petillo shows you how to:

• Invest in mutual funds, bonds, real estate, and annuities
• Avoid financial disasters
• Tracking your debt and create a plan for staying out of it
• Make a roadmap for buying a home, saving for college, and retiring rich
• Find safe, rewarding investments right in your own backyard
• Play the market without buying stocks

So don't just sit around waiting for your ship to come in. Read Building Wealth in a Paycheck to Paycheck World and launch it yourself!

About the Author

Paul Petillo (Portland, OR) is a butcher by trade, but his true passion is helping ordinary people master their finances and achieve their goals. He is known throughout the Internet finance community for his savvy insights and remarkable counsel.

Product Details

• Paperback: 204 pages
• Publisher: McGraw-Hill; 1 edition (August 17, 2004)
• Language: English
• ISBN-10: 0071423761
• ISBN-13: 978-0071423762
• Product Dimensions: 9 x 6 x 0.6 inches
• Shipping Weight: 11.2 ounces (View shipping rates and policies)
• Average Customer Review: 3.7 out of 5 stars  See all reviews (3 customer reviews)
• Amazon Best Sellers Rank: #2,288,642 in Books (See Top 100 in Books)

More About the Author

I am a financial writer, content provider, and editor of the BlueCollarDollar.com (http://bluecollardollar.com), a financial education center with a common sense approach to money, investing, and retirement, and a syndicated columnist and publisher of The BlueMoney Report (http://blue-money.com).

Customer Reviews

Most Helpful Customer Reviews

6 of 8 people found the following review helpful:

5.0 out of 5 stars The real deal for working folks, February 11, 2005

By 

B. Neville "chargersfreak" - See all my reviews
(REAL NAME)   

This review is from: Building Wealth in a Paycheck-to-Paycheck World (Paperback)

Speaking as someone who doesn't have a trust fund or live off the dividends from their investments--in other words, someone who needs their paycheck to survive--I found this book to be invaluable. The author definitely knows his stuff, and he gets beyond the usual spin on the "spend less than you earn" convention wisdom that usually comes packaged in books like this--instead, he offers real-life investing strategies that work. If you're serious about building wealth and your last name isn't Rockefeller, then this is the book for you.

5 of 7 people found the following review helpful:

5.0 out of 5 stars A great book for me and the masses., March 19, 2005

By 

Gabe DeLang "Gabe DeLang" (Portland, OR) - See all my reviews

This review is from: Building Wealth in a Paycheck-to-Paycheck World (Paperback)

In his new book, Building Wealth in a Paycheck-to-Paycheck World, Paul Petillo shines a light on the path to economic empowerment for all the sorry saps like me who've never learned the art of saving and investing our hard earned money. It's all too easy in this consumer based market to spend every dime we make without having anything solid to show for it.

But, as it turns out, I can save and invest my income so that as the years roll on I'll have substantial wealth as a reward for my hard work. Petillo breaks it down for us with easy to obsorb instructions and insites.

I highly recommend his book to anyone weary of the never ending hand-to-mouth cycle of earning and spending.

1 of 6 people found the following review helpful:

1.0 out of 5 stars Great title but a big DISAPPOINTMENT, June 29, 2005

By 

R. Wheeler "cashcowz" (Springfield, Va United States) - See all my reviews
(REAL NAME)   

This review is from: Building Wealth in a Paycheck-to-Paycheck World (Paperback)

The Title was excellent, but the book broke down into storytelling and facts about investing from someone who probably only uses CNBC as a factfinding reference. Very simplistic advice, goes into detail on Mutual Funds, REITs(defines them).Such things anyone past junior high school age would know.
I should write my own tomes and pocket the money, that would be my own fix for other sources of income. You'd be better served reading "Rich Dad, Poor Dad"