Well its that time of year again, time to think about your money. So I figured it would be a good time to do this book review that I've been meaning to do for a while.
Well, its more of a recommendation than a review. This is by far the best finance book I've ever read. Granted, I've not read very many, but I'm convinced that I'll not find a better one for a long time.
This book explains some simple concepts that make your finances seem a lot less scary.
ISBN 0-06-273686-8
Ordinary People, Extraordinary Wealth
"How did a secretary, a firefighter, a retired naval officer, a housewife, a construction worker, a schoolteacher, and a pharmacist become wealthy? Bestselling author Ric Edelman has studied the wealth-making habits of these and 5,000 other ordinary Americans and reveals his findings in this extraordinary book that outlines in eight easy, practical steps and secrets to achieving and maintaining wealth.
Here you'll find a lifetime of wealth-building experience from people just like you -- people who have figured out how to arrange their finances and make wise investment decisions so that they can reach their goals and achieve financial security. Plus, you'll find tips on:
How to turn your mortgage into a wealth-enhancing tool. Why small investments work better than big ones. How to max out on your employer-sponsored retirement plan. When to hold investments and when to fold them. When to pay attention to financial news and when to turn it off.
Let your neighbors lend you a hand. And let Ric Edelman guide you through their lessons in this eye-opening journey with thousands of ordinary folks who found their way to extraordinary wealth."
I recently found out that Ric Edelman is on the faculty at Georgetown University. That combined with the fact that we're planning a vacation very close to there made me feel a little like one of these crazy fans.
Wanting to snap a picture, or shake his hand, just to say I did.