Top positive review
12 people found this helpful
Very good book but in serious need of an update
on December 12, 2009
This is a very good book on personal finance. It is laid out well and easy to understand. Unfortunately, once you get past the basics (personal budgeting, cash flow statements) and start getting into more specifics, the information contained within the book is no longer accurate. With the turmoil of both the banking and finance industries over the past few years, several parts of the book no longer contain accurate information. While I am not a fan of publishers releasing updated versions of their textbooks, this is a rare case in which a revised edition is warranted.