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Everyday Economics: Honest Answers to Tough Questions
From how the current crisis happened to the role of banks to how money works, this book addresses complex ideas in an easy to understand Q&A format with lively prose. With examples throughout from personal finance issues such as how to negotiate the best price for a car, and should you buy a warranty for a new computer, to big picture questions that affect our national ...more
ebook, 224 pages
Published May 12th 2009 by St. Martin's Press
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I thought of this book the other day after having read it a few years back and thought I'd give it my "thumbs up". There are some pretty good take-aways regarding economics-related things most of us deal with fairly often such as warranties and investing. I won't give them away here, however. You'll have to read the book to find out!
Written for the layman this book succeeds in explaining how to use economic principles to make financial decisions. 9 chapters dealing with fundamental questions such as what is economics, and moving on to to topics such as personal finance and personal spending. Each chapter is then addresses such questions as how much debt is ok, or what should I do when my mortgage is transferred from one bank to another. I found the answer to the question "Should I buy an extended warranty when I purchase a ...more