Simple Money Solutions: 10 Ways You Can Stop Feeling Overwhelmed by Money and Start Making It Work for You [Hardcover]

Nancy Lloyd (Author)

Book Description

Publication Date: February 1, 2000

"I know I should be saving for my future, but life keeps getting in the way."

As a money-media personality and former Federal Reserve Board economist, Nancy Lloyd often hears from people who want her help. Her advice to them: There are no secrets to money, just some basic rules you haven't learned yet. In Simple Money Solutions, she demonstrates logical, easy-to-follow strategies that have worked for others, and she helps you get out of your own self-defeating money habits. You can quickly and painlessly increase your financial I.Q., take stock of your financial situation, and find the path to achieving your financial goals by following the step-by-step guidelines here. There's even a Time-Is-Money calendar so you can see not only what things to do, but when to do them so they're most effective. Best of all, you don't have to wait decades to reap the financial rewards--Lloyd shows you easy things you can do to free up cash right now.

Editorial Reviews

Amazon.com Review

When it comes to money, many personal finance gurus know their stuff. The problems start when they try to get you to know your stuff. Nancy Lloyd is a smart and entertaining exception. In Simple Money Solutions, Lloyd offers specific, detailed advice in a conversational, easy-to-digest style. The result is a book of tips that will inspire readers to put workable ideas into practice and reap the financial rewards.

Having earned economics degrees from Princeton and Cornell, Lloyd spent a number of years working for the Federal Reserve Board as an expert on consumer credit and banking issues, and then for IBM in finance, marketing, and strategic planning. Her obvious knack for translating the complexities of managing personal finances into simple, workable solutions for the average person has since propelled Lloyd into print and radio journalism. Simple Money Solutions is a how-to book on money management, using real-life tales of financial woe to present solid, effective advice. For readers with perpetual credit card debt and an ongoing battle with different "low-interest" credit card companies, the chapter "Take Charge of Your Credit" will be particularly useful. For those with money to invest, Lloyd points out the advantages and pitfalls of the various methods, including ways to choose a broker, what types of accounts to set up, and when (if ever) to trade online. Her tips are sometimes repeated in numerous different sections, but good advice is usually worth repeating. Moreover, Lloyd does not profess that her readers will be able to solve all their money problems on their own; in the chapter "Boost Your Money IQ," she provides the reader with a wealth of information on when to consider hiring a financial planner, where to look for one, and how to verify the impartiality of their advice. Written in a format and style that make it accessible and user-friendly, this book will help lift you out of the money mire, and provide just what its title offers--solutions. --S. Ketchum

From Booklist

Lloyd is the personal finance commentator for National Public Radio's Morning Edition, an economist at the Federal Reserve Board, and a frequent contributor to magazines such as Modern Maturity and Good Housekeeping. She is sometimes billed as "the Martha Stewart of money," but the "simple solutions" promised by her title suggest more the everyday practicality and uncomplicated "do-ability" of "hints from Heloise." Lloyd's tips and advice fit into 10 broad categories, which include credit, home buying and mortgages, pay and benefits, family finance, and retirement. Using real characters to illustrate a wide diversity of specific topics, she simplifies asking for a raise, setting a child's allowance, placing an order with an online broker, and researching the used-car market. David Rouse

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Product Details

• Hardcover: 416 pages
• Publisher: Crown Business; 1st edition (February 1, 2000)
• Language: English
• ISBN-10: 0812931750
• ISBN-13: 978-0812931754
• Product Dimensions: 8.9 x 6.3 x 1.3 inches
• Shipping Weight: 1.6 pounds
• Average Customer Review: 4.8 out of 5 stars  See all reviews (114 customer reviews)
• Amazon Best Sellers Rank: #1,006,161 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

64 of 67 people found the following review helpful:

5.0 out of 5 stars Breaking the Last Glass Ceiling, June 16, 2000

By 

BJ Evans - See all my reviews

This review is from: Simple Money Solutions: 10 Ways You Can Stop Feeling Overwhelmed by Money and Start Making It Work for You (Hardcover)

I bought this book for my daughter who just got her MBA. While the pay gap between men and women is reportedly narrowing, most women still don't know how to make the most of the money we have. That's too bad since we're likely to be on our own financially for at least several years in our lives (more women are not ever getting married or their marriages are ending due to divorce or death of a husband). This book showed me what my daughter and I need to know about money through the various milestones in our lives. This book does for money what "PLAY LIKE A MAN, WIN LIKE A WOMAN," by Gail Evans does for work-life gameplaying. Since they're not teaching any of this in college, you should buy copies of both books for your daughters and keep a copy of each for yourself.

60 of 63 people found the following review helpful:

5.0 out of 5 stars Nancy's a Great Money Coach, June 13, 2000

By 

cory - See all my reviews

This review is from: Simple Money Solutions: 10 Ways You Can Stop Feeling Overwhelmed by Money and Start Making It Work for You (Hardcover)

Nancy Lloyd gave me just the motivation and solid advice I needed. She showed what to do to shape up my finances, when to do it to get the best results and she gave me the confidence to tackle it. Best of all, I'm succeeding! I wish I'd had this book years ago.

62 of 66 people found the following review helpful:

5.0 out of 5 stars Oprah's kind of book, June 27, 2000

By 

Courtney - See all my reviews

This review is from: Simple Money Solutions: 10 Ways You Can Stop Feeling Overwhelmed by Money and Start Making It Work for You (Hardcover)

I'm a big fan of Oprah and applaud her goal of encouraging reading. Most of her books are great and life changing. If you truly want to take charge of your finances, Nancy Lloyd's book, "Simple Money Solution" will work for you. It worked for me and my friends because it is, just as its name implies, simple. By that I mean that it clearly and simply explains how to get a handle on your money, how to put an end to spending on autopilot and how to replace self-defeating money habits with better ones. It doesn't take "courage" to be rich. It just takes a savvy book and an open mind. This book did something for me, my sisters, my mother and my friends that other money books did not -- Simple Money Solutions worked!