A No-Nonsense Guide to Personal Finance
Personal finance is actually more personal than it is finance.
That's why what works great for someone else may not work as well for you. Money management is complex because we are complex. Therefore, it is in better understanding ourselves--our history with money and what we value most--that we are able to bring clarity to even the most confounding decisions in money and life. Tim Maurer has made a career out of demystifying complex financial concepts into understandable, doable actions. In this practical book, he shows you how to
· find contentment by redefining "wealth"
· establish your priorities, articulate your goals, and find your calling
· design a personal budgeting system you can (almost) enjoy
· create a simple, world-class investment portfolio that has beaten the pros
· manage risk--with and without insurance
· ditch the traditional concept of retirement and plan for financial independence
· cheat death and build a legacy
· and more
"Straightforward, candid, and--yes--simple."--Jean Chatzky, financial editor of NBC's Today Show
"Reading this book is like having your own personal financial advisor."--Kimberly Palmer, senior money editor at U.S. News & World Report; author of The Economy of You
"You can't manage your money without thinking about your life--and the system that Tim proposes can make a radical difference in both."--Chris Guillebeau, New York Times bestselling author of The $100 Startup and The Happiness of Pursuit
"Maurer teaches us how to literally redefine wealth in a way that will both honor your life values and priorities while simultaneously reducing your stress."--Manisha Thakor, CFA, director of wealth strategies for women for the BAM Alliance; writer for The Wall Street Journal
Tim Maurer is a speaker, blogger, author, and financial advisor. As a wealth advisor and director of personal finance for Buckingham and the BAM Alliance, a collective of over 140 financial advisory firms serving over 19,000 individuals throughout the United States, he serves as an industry leader to the media and an educator to both consumers and financial advisors. He is a regular contributor to CNBC, Forbes, Time/Money, and on his own website, www.timmaurer.com. He lives in Charleston, South Carolina.
"The problem with so much personal finance advice is that it's unnecessarily complicated, often with the goal of selling you things you don't need. Tim Maurer never plays that game. His straightforward, candid, and--yes--simple prescriptions are always right on target."
Jean Chatzky, financial editor of NBC's Today Show
"Once again, Tim takes us by the hand and leads us through the complicated world of personal finance. Reading this book is like having your own personal financial advisor--a great one--sitting on your shoulder, helping you make difficult decisions. From setting goals to investing to preparing for retirement, Tim shows us the way to financial prosperity."
Kimberly Palmer, senior money editor at US News & World Report; author of The Economy of You
"Some books teach you about money, and others help you find your purpose. Simple Money is the rare, honest book that tackles the intersection between them. You can't manage your money without thinking about your life--and the system that Tim proposes can make a radical difference in both."
Chris Guillebeau, New York Times bestselling author of The $100 Startup and The Happiness of Pursuit
"If you've ever had the urge to throw up your hands and yell 'Enough!' when thinking about your finances, you are on to something, and Simple Money will help you find it.
In Simple Money, financial expert Tim Maurer teaches us how to literally redefine wealth in a way that will both honor your life values and priorities while simultaneously reducing your stress. Maurer's innovative 'Enough Index' helps you identify where you are today, financially speaking, while also giving you a clear framework for knowing what needs to change to nourish your financial life going forward.
By the time you finish reading Simple Money you will know how to serve as your household's CFO. Whether it's maximizing current cash flow, investing hard-earned savings, planning for educational expenses or retirement, crafting your estate plan, or protecting your household with appropriate insurance, Maurer tells you not only what to do but why it will improve your life.
And for those of us who love to be given clear, concise checklists, Simple Money contains a powerful top-ten list of what to do with incremental discretionary income to get yourself and your family on solid financial footing. This delightful guide will leave you with fresh financial insights, clear action steps, and a refreshingly frank discussing of how to find just the right financial professional to assist you in making the most of your hard-earned money.
Simple Money provides a unique, heartfelt road map to understanding what 'Enough' means in your financial life and shows you how to build a life of contentment and financial security around that blissful feeling."
Manisha Thakor, CFA, director of Wealth Strategies for Women; writer for The Wall Street Journal
"Amen! Amen! Amen! Simplicity is a gift . . . and this book offers it by the truckload!"
Carl Richards, New York Times columnist; author of The One-Page Financial Plan; director of investor education at the BAM Alliance
"The desire to live simply and fulfilled is the key to a life well lived. Tim Maurer brings inspiration and clarity to the concept of identifying core life goals and structuring the simplest and best financial architecture to accomplish them. His edict that finance is personal is spot on. If you do the hard but gratifying work of truly knowing yourself, your financial decisions will be informed and sensible. There is also a wealth of practical how-to steps on choosing simple, appropriate investment vehicles to support the life of one's dreams."
George Kinder, author of Life Planning for You
"Finally, a personal finance book that isn't only about how to improve your financial situation for the sake of just making more money; instead, Simple Money is ultimately about how to live a more fulfilling life, and provides the financial education, along with simple (and practical!) money tools and techniques you can use to help you get there."
Michael Kitces, partner and director of financial planning at Pinnacle Advisory Group; publisher of Nerd's Eye View financial planning industry blog
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