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The Wall Street Journal Guide to Understanding Personal Finance
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The Wall Street Journal Guide to Understanding Personal Finance

3.54 of 5 stars 3.54  ·  rating details  ·  56 ratings  ·  8 reviews
Sound financial advice from the most respected name in the business.
Answers to the basic questions we all have.
In this sweeping primer that takes the mystery out of personal finance, you will get a comprehensive, easy-to-understand roadmap for everyday financial matters.
From banking, credit and home finances to planning, investing and dealing with dreaded taxes, "The Wa
Paperback, 176 pages
Published April 1st 1997 by Lightbulb Press (first published January 1st 1995)
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I bought this book back when I was in my 20s. Although there was much that I already knew, there were some areas that I needed brushing up on. This guide was quick, to the point, very easy to understand, fun to read, and it provided some eye candy to boot. Now I've outgrown this book. Despite this, however, I continue to hang on to this book. Although there are some things that are a bit dated (explanations of ATMs, which were relatively new back in the early 90s), it's still a pretty good prime ...more
I am so totally illiterate about personal finance. Huge revelation: "National standards for mortgage loans are set by Fannie Mae (or FNMA), the Federal National Mortgage Association. Together with Freddie Mac, the Federal Home Loan Mortgage Corporation, they buy mortgages from banks for resale in the secondary market. As a result, the banks conform strictly to their guidelines." I had no clue those were acronyms, but it makes a lot more sense why we were all paying so much attention to them.
Jean Grant
This book doesn't cover what I thought it did. I had wanted budgeting, ideas to make sense of the way financial planners talk, but got none of that.
Troy Kuhn
A must for any household that wants to get a quick overview of various every day financial products such as taxes, investing, etc.
Maybe not this book, but my kids should learn about this topic before they leave home.
Easy to read and lots of explanations of those mysteries of the financial word.
Jamie Clegg
It's illustrated, so. Can't be that difficult to understand.
Good for those who know very little about personal finance.
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