John's Reviews > Dollars & Uncommon Sense: Basic Training for Your Money

Dollars & Uncommon Sense by Steve Repak
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Apr 03, 12

bookshelves: general-nonfiction
Read from April 01 to 03, 2012

A Remarkable, Common Sense Approach to Managing Your Personal Finances

I strongly doubt I have come across a book on managing your personal finances as terse, and yet, as complete as Steve Repak’s “Dollars & Uncommon Sense”. Drawing upon his experiences in the United States Army and as a successful financial planner, Repak gives a practical, commonsensical approach to this subject which is worthy of favorable comparison to similar books by financial planners much better known than himself. What distinguishes Repak from these is his “drill sergeant” methodology, in which he explains why one should keep an itemized personal budget, merely to illustrate what – and what isn’t – essential with respect to spending on practical necessities like food and clothing and other, rather irrelevant, items. Those struggling with personal debt will find quite insightful, the chapters he devotes toward regaining one’s financial solvency. He demonstrates how even those with relatively modest incomes could save enough to ensure a financially prosperous future. Anyone mystified with the inner workings of stock and bond investment, will find useful, quite practical, advice in his recommendations on investment strategy. Without question, Repak’s book should be viewed as an important resource in managing one’s finances, especially now given the uncertain futures of both America’s and the world’s economies.
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