The Index Card: Why Personal Finance Doesn't Have to Be Complicated
ISBN: 0143130528
EAN13: 9780143130529
Language: English
Publication Date: Mar 7, 2017
Pages: 256
Dimensions: 0.8" H x 6.9" L x 4.9" W
Weight: 0.45 lbs.
Format: Paperback
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The Index Card: Why Personal Finance Doesn't Have to Be Complicated

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Book Overview

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When it comes to our money, many of us make the same mistakes over and over again. We are confident when we should panic. We believe that stock we heard about on CNBC or saw promoted on Twitter is the next Apple or Google. Or we find managing our money difficult and boring, and we don't pay any attention at all. We neglect things. We toss our retirement statements in a drawer, planning to look at them on a future day that never arrives. We pay our bills the day before they are due. There is only one thing more confusing: all the you-can-have-it-all financial how-to books out there.

Now, Helaine Olen and Harold Pollack draw on years of experience researching and reporting on the financial lives of Americans to present an accessible, one-stop guide to taking back your financial future. The answers are simple enough to fit on an index card-an idea so user-friendly and helpful that Money magazine named it one of their Best New Money Ideas. Their simple rules include:

  • Save 10 percent to 20 percent of your income. Really.
  • Never buy or sell an individual security. No, not even Google.
  • Avoid actively managed funds. Active means you're paying fees, sucker.

Beyond outlining the rules, the authors also explain why so few people follow them-because the Read More chevron_right

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