Personal Finance 101: From Saving and Investing to Taxes and Loans, an Essential Primer on Personal Finance

Adams 101

by Alfred Mill, Michele Cagan (With)

Get your financial life in order—from saving and investing to taxes and loans—with this comprehensive, accessible guide to everything you need to know about finance.

Managing your finances can be overwhelming at times. But it doesn’t have to be! Personal Finance 101 will provide you with all the skills you need to make good financial decisions and grow your personal wealth. Full of must-have advice and organized in an easy-to-read format, this book provides a wealth of knowledge on personal finance basics

-Choosing your bank (and why it matters)
-Building an emergency fund
-Salary and benefit packages
-Where your money is going (and how to keep more of it)
-Refinancing or consolidating student loans
-Health and property insurance
-Building credit responsibly
-How to get a mortgage

Use this guide and make the most of the money you have, plan for future purchases like a house or a vacation, save for retirement, or simply become more financially responsible. Perfect for finance beginners or those looking to refresh their knowledge, Personal Finance 101 is the one-stop shop for all of your personal finance questions!

Genres: Finance, Nonfiction, Business, Economics, Reference, Money, Personal Finance

256 pages, Hardcover

Published October 13, 2020

Reviews

[Azka · Rating 2 out of 5]

This book is VERY USA centric. It might be good or even decent should it talked about practical philosophy or approach that's new regarding one's financial life regardless of where they are and what stage of life someone's in. But nope, I simply see no value in this book except for USA citizen. And even by that standard, there's still a better book like Your Money or Your Live and I Will Teach You to Be Rich.

[Julie Seehase · Rating 4 out of 5]

Really helped me understand benefits and investing accounts available at my new job. Not all was applicable to me, but I was able to hop around and find what was! Written in a way that was very easy to understand ( I knew very little finance vocabulary).

[JT Casey · Rating 4 out of 5]

I don't have much of a framework for personal finance outside of the basics so it defined a lot of the common jargon on personal finance and just gave a lot of good rules of thumbs about home buying, budgeting, investments, taxes etc. It also just gives a lot of helpful links/sites that can be used as tools in those areas going forward. Very helpful and interesting read!

[Mind Bind Reads · Rating 3 out of 5]

This book has its merits, offering valuable insights into finance. However, not all the approaches and topics are universally applicable, as it leans towards a US-centric perspective. Fortunately, I did find some helpful alternatives based to my country's context when I was getting my finance course before. On the whole, I'd rate it a 3, though I do have a preference for Ramit's books, which cover similar ground. Nevertheless, I still recommend this book, especially if you're just starting to explore the fundamentals of finance.

[Dillan Taylor · Rating 4 out of 5]

Exactly what it sounds like.

Simple and helpful.

[Aslı · Rating 3 out of 5]

Ana hatlarıyla fazla Amerikan, ama yine de yararlı

[Patrick Green · Rating 3 out of 5]

Some useful information is held in this book, but most of the advice and primers are too broad to be incredibly helpful for anyone who is just getting into exploring how to best manage their finances. In addition, there are many terms and phrases that were not defined to the reader, so confusion and Google searching are likely inevitable if you choose to use this book as a starting book for finance. You're probably better off looking into the "Dummies" series of books on financial management. If you're looking for a refresher on appropriate usage of your assets, this book could set you right. It's short, and it reads smoothly. Give it a shot if it sounds valuable to you.

[Ignacy · Rating 3 out of 5]

Bunch of useful information around personal finance and budgeting. You will not find a lot about investing here. The book is also heavily US centric so if you live outside of US, no more than 20% of the information will be useful to you.

[Thanh Nhàn · Rating 5 out of 5]

Cuốn sách Personal Finance 101: From Saving and Investing to Taxes and Loans, an Essential Primer on Personal Finance (Adams 101) là một cuốn sách hữu ích cho những ai muốn có kiến thức về tài chính cá nhân. Cuốn sách này được viết bởi hai tác giả là Alfred Mill và Timohty E. Parker. Được xuất bản vào năm 2018 bởi Adams Media, cuốn sách này cung cấp cho người đọc những kiến thức cơ bản về tài chính cá nhân, từ tiết kiệm và đầu tư cho đến thuế và vay mượn.

Cuốn sách bao gồm 8 chương chính, từ những khái niệm cơ bản về tài chính đến cách quản lý tài chính của một cá nhân. Chương đầu tiên giới thiệu về tài chính cá nhân, giải thích những khái niệm quan trọng như ngân sách, khoản tiết kiệm, và đầu tư. Tiếp theo đó, cuốn sách cung cấp cho người đọc những kiến thức về quản lý nợ, vay mượn và cách tránh nợ.

Chương 3 và 4 của cuốn sách tập trung vào đầu tư. Tác giả giải thích các loại đầu tư khác nhau, từ cổ phiếu, trái phiếu, quỹ đầu tư đến bất động sản. Cuốn sách cũng giải thích cách đánh giá rủi ro của các khoản đầu tư, cùng với cách xây dựng một chiến lược đầu tư thích hợp cho bản thân.

Chương 5 tập trung vào chủ đề bảo hiểm, bao gồm bảo hiểm y tế, bảo hiểm nhà ở, bảo hiểm ô tô và bảo hiểm đời sống. Cuốn sách cung cấp cho người đọc những kiến thức cơ bản về loại bảo hiểm nào nên mua, cách lựa chọn mức độ bảo hiểm phù hợp với nhu cầu và tài chính của mình.

Chương 6 và 7 của cuốn sách tập trung vào chủ đề thuế. Tác giả giải thích những kiến thức cơ bản về thuế và cách tính thuế, cũng như cách tối ưu hóa thuế. Cuốn sách cũng cung cấp cho người đọc những kiến thức về việc làm thế nào để tránh các sai lầm trong việc đóng thuế.

Cuối cùng, chương cuối cùng của cuốn sách tập trung vào việc lập kế hoạch tài chính cá nhân. Cuốn sách cung cấp cho người đọc các công cụ và chiến lược để lập kế hoạch tài chính cá nhân bền vững và hiệu quả. Tác giả giải thích cách lập ngân sách, cách quản lý và tiết kiệm chi phí, và cách xây dựng một kế hoạch tài chính dài hạn cho bản thân.

Cuốn sách Personal Finance 101 cung cấp cho người đọc những kiến thức cơ bản về tài chính cá nhân một cách dễ hiểu và thực tiễn. Tác giả sử dụng ngôn ngữ đơn giản và ví dụ cụ thể để giải thích các khái niệm và công cụ tài chính, giúp người đọc hiểu và áp dụng chúng vào thực tế một cách dễ dàng.

Ngoài ra, cuốn sách còn có những đề cập đến những chủ đề tài chính cá nhân phổ biến như vay mượn, tín dụng, quản lý nợ, giảm thiểu chi phí và bảo vệ tài sản. Tác giả cũng giải thích cách tránh những sai lầm phổ biến khi quản lý tài chính cá nhân.

Điểm mạnh của cuốn sách Personal Finance 101 là nó cung cấp cho người đọc một cái nhìn tổng quan và bao quát về tài chính cá nhân, từ đầu tư đến thuế và kế hoạch tài chính cá nhân. Cuốn sách là một nguồn tài liệu hữu ích cho những ai mới bắt đầu tìm hiểu về tài chính cá nhân và cũng có thể cung cấp cho những người đã có kiến thức cơ bản về tài chính cá nhân những thông tin bổ sung và hữu ích.

Tuy nhiên, cuốn sách Personal Finance 101 cũng có một số điểm yếu như việc không đề cập đến những chi tiết kỹ thuật cụ thể của các sản phẩm tài chính hoặc các chiến lược đầu tư phức tạp hơn. Điều này có thể khiến cho những người có kiến thức sâu hơn về tài chính cảm thấy thiếu hụt. Ngoài ra, cuốn sách cũng không đề cập đến những vấn đề tài chính cá nhân đặc thù của mỗi quốc gia, do đó cần phải tham
Mình mua sách gốc cuốn này tại Bookee, bạn cần mua thì có thể tham khảo ở đây: https://bookee.store/personal-finance...

[Cochise County · Rating 4 out of 5]

This book had a great overview that would be terrific for a young person starting out - I would highly recommend this to anyone graduating high school or college. From student loans to marriage/babies (even divorce), it covers the life cycle of personal finance.

Two things I wish it had:

* Charts or graphs for the specific dollar amounts. Many people don't like reading personal finance books because the numbers don't really "sink in" when they read. Seeing graphs or charts really solidifies concepts like interest and loan payment/amortization.

* A different order of chapters. The topics start off seemingly with the assumption that people have debt, and refer to taking loans from a 401k (without, I feel, adequately stressing what a horrible idea this is) without explaining what a 401k is. In their life cycle of chapters, the person reading it doesn't even have a job yet.

I also did not see where things like appreciating vs depreciating goods was mentioned (such as a house vs a car, for example).

Otherwise, fantastic book and I would recommend it.

[Rev · Rating 3 out of 5]

3.5 stars, rounded down.

I read this mostly cause I'm really trying to get budgeting down now that I'm getting close to going full time at my job and personal Finance confuses the hell out of me once you move beyond the basic checking/savings account. I think this book is written in a way that a lot of it is relatively easy to understand, but I also feel like it's written like a primer of everything involved. You'd probably need specific books on things like home ownership and investing to actually fully understand them.

I gave it 3 stars mostly because it is a primer so now I have some idea of what else I should be researching as I try to get fully into adulting.

[Nate Mccoy · Rating 4 out of 5]

This book has been a great help to me personally in the advice and help offered for financial success, awareness, and goal setting.

Finance 101 has a great wealth of knowledge and financial resources throughout the book that can be used to lead you to be aware financially and as a consumer when dealing with your finances and debt. This includes calculating and being aware of your net worth, setting financial goals and methods to stick with them, and even savings plans, and more.

I will say this books does overlap some with “Budgeting 101” but you could also think of it as reinforcement of important concepts.

[Rae · Rating 5 out of 5]

This book is amazing! I am about to graduate and I found this super helpful to learn basic financial tips as I become more independent.

This book covers helpful topics like budgeting, investing (includes stocks, bonds, and mutual funds), mortgages, loans, retirement plans like Roth IRAs and 401ks, salary negotiation, and many more. I learned so much from this book. This is a must read for students and young people in their 20s/30s.

This book is any easy 10/10. I learned so much from reading it. It has helped me feel a lot more prepared for my financial future.

[Susan Janda · Rating 5 out of 5]

Personal Finance 101 offers a comprehensive roadmap for financial success, covering saving, investing, taxes, and loans. It's crucial to grasp these fundamentals for a secure financial future. For those seeking additional resources and guidance, websites like https://bhmfinancial.com provide valuable insights and tools to navigate the complexities of personal finance, empowering individuals to make informed decisions and achieve their goals.

[Bridget · Rating 4 out of 5]

Truly a primer on personal finance. This book covers the basic info and good rules of thumb for all kinds of different topics needed by people in different life stages. I was appreciative to listen to it because you don’t know what you just don’t know. 🤷‍♀️

I particularly liked that Mill brought forward specific names of websites, funds, companies, etc. that are good places to start looking if you live in the US.

[Cheri · Rating 4 out of 5]

Personal Finance 101 is a really good introductory reference if you don't know much about managing finances. It explains lots of financial terms and lists pros and cons of different retirement and savings strategies. It also gives lots of examples that are pretty clear and easy to follow. This book is too simple for someone who is doing a deep dive into the world of finances, but for a regular person who just needs some terms clarified and some examples given, it's a great tool.

[Sarah · Rating 4 out of 5]

I really enjoyed listening to this book. It gives you a really good primer into all financial topics and even the parts that I hope will never apply to me, like bankruptcy, were interesting to learn about. This book could easily be great reading for young adults or teens. Compounding interest is so important!!

[Noah Candelario · Rating 4 out of 5]

Read this book to brush up on important Personal Finance Topics for my internship over the summer. It was a bit boring for me because a lot of the content was a reminder for me, but I still would recommend this book for those that want to start from scratch regarding Personal Finance. Although there are more digestiable personal finance books out there to read instead.

[Elise · Rating 5 out of 5]

This book was very helpful and thorough. I was so glad to find an up-to-date guide on finances. I worked in a credit union a few years ago, so I know a lot of the rules from 6+ years ago. It was great to get caught up.

[Fotis Koutoulakis · Rating 3 out of 5]

This is a super-informative, but super-dry reading about personal finance.

It's also very U.S.-centric, and while still useful for a U.K. based individual like myself, certain chapters were more geared to U.S. specific situations (like Retirement accounts, etc)

[Bora Erdogan · Rating 1 out of 5]

Bu sene okuduğum en gereksiz kitap oldu. Tamamen Amerika’ya endeksli olduğu için çok manasız buldum.

Temel finansal okur yazarlık ve biriktirme düşüncesi için bazı kısımlar okunabilir, özellikle giriş ama kalanı Türkiye gerçekleri ile bağdaşmayan bir yapıya sahip.

[Casey · Rating 1 out of 5]

Just a rehash of the same old, same old.
If you have studied budgeting at all, you have already heard all of this.
If you are new to budgeting, get something more comprehensive. These are just tidbits and likely won't be helpful.
Recomnendation: Hard Pass for Everyone!

[Randolf · Rating 4 out of 5]

i learned a lot about retirement, investment and housing in particular. it gives me an idea how to to move forward. some of the content are specific to U.S audience such as 401k, i wish there can be a generic one for those kind of section.

[Andrew Krom · Rating 4 out of 5]

This is the first book I have read from the "101" series. Personal Finance 101 was a good read that was helpful to think through. I wish it provided some more details at certain points, but it is just an introductory level book.

[Cristian Stratulat · Rating 2 out of 5]

Really US-centric. There is no particular interesting information one can get when being an European. Fought with trying to read it for quite some time, didn't finish, always facing that is really US specific

[Maggie Gallagher · Rating 4 out of 5]

Good basic and quick read for a personal finance overview. If you just want to learn more about banking, credit, investing, home buying etc and are a beginner this will be good for you.

[Lena Zhu · Rating 4 out of 5]

Straight forward and to the point. No BS. Now if only I could actually follow through with these actions I'd be all set.

[Ahmed · Rating 3 out of 5]

Good insightful book with easy simple language, some chapters were irrelevant to apply in my country, but overall it helped to understand personal finance

[Carl · Rating 3 out of 5]

Basic, but informative.

[Teigan Beck · Rating 4 out of 5]

Super specific instruction/advice for different financial situations and overall finance. Well written!