5 of 5 people found the following review helpful
Priorities and Happiness in Life,
This review is from: Your Money: The Missing Manual (Paperback)
In these days of financial meltdowns and insecurity about the nation's financial system, this book brings a refreshing common sense approach to financial stability. It is measured, practical, and big on establishing priorities. The author also has a personal story to tell, and has his own blog for further reading and information.
Here are the priorities:
Happiness in Life, the Ultimate Priority
Get out of Debt
Note that there is nothing here so far about making money, it is all about understanding the purpose of and use of money
Think Small, which might otherwise be titled, Pay Attention to the Small Stuff
Now we get to the money part.
Working, for self or others
Banking, a Primer
and finally, The Big Stuff (life's major decisions re house, car, vacation, etc)
Home (Rent of Buy)
Death and Taxes (insurance, taxes, estate planning)
Dealing with Friends and Family
What makes this an excellent book is its emphasis on life choices to achieve happiness. It views money (properly in my view) as just a tool, important for sure, but a tool, and not an end in itself. It is a reasoned and principled discussion of financial values, but emphasizes personal values and relationships as the key to a happy life. There is no discussion of how to make a mint trading options, or the importance of having gold available for trade if the apocalypse occurs, so people looking for such discussions will be disappointed. But this book's approach would put any young person on the road to financial independence, and might be a wake up call for some others who have made the pursuit of wealth their primary goal in life. Recommended.