Today, with investments worth only a fraction of what they were a year ago, people need to be smarter about their finances. This book is here to level the playing field, explaining the games that are played, and the details that can confuse anyone when they depend on the false assumptions the money people are encouraging them to believe.
•How banks and credit card companies profit from their customers
•Your 401(k) and retirement plans-not all nest eggs are created equal
•Buying and selling a home-the Mortgage Meltdown 101
•Health care, college tuition, car purchase and maintenance, and life insurance- and a lot of fine print to read!
It's starting to get a little out of date, but not too bad yet. Normally the Idiot's Guides tend to have a little more humor and light-heartedness, but this one seemed more doom and gloom. It's definitely a very basic introduction to overall concepts. It plugs several other books throughout it for further in depth reading.
The problem that I find with these types of books is that a lot of them , including this one, are American . So a lot of the "ideas" you can put towards our Canadian system but I found that I just get tired of finding the equivalents. All in all I did take away some new information so it wasn't a complete loss.
It's not riveting reading, but the author brings up many ways to save money and avoid scams that I would never have considered. I wish there were an updated version of this as the most recent publication was 2009.
A quick glimpse into the financial realm that touched on several areas. If you're looking for something that doesn't go too in depth then this is a good pick.