Money Matters
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Finance blogs or book recomendations

SmonetSmonet member
Fifth Anniversary 10 Comments Name Dropper
edited November 2013 in Money Matters
I've only posted here a couple of times. I've actually only been following this board for a couple of weeks and I've really enjoyed reading different peoples questions, advice and experiences. Everyone is on a different path. I consider myself to be an intelligent person with a generally responsible mindset when it comes to money. However, I've never taken that much further than what my parents have taught me, or I picked up here and there.

As you may remember if you read my posts I'm trying to do even better when it comes to the financial aspect of our life. I'm making lots of changes and seeing a difference.

To get to the point... Does anybody have any current up to date books of blogs they reccomend when it comes to simple things like budgeting or retirement? I've read some of the Suze Orman books years ago when I was trying to get out of debt, that topic is not my concern.

My mortgages are really my only debt and I regularly evaluate their status. I guess I'm looking for savings plans and retirement plans. I've just gone by some dry fundamentally basics so far, try to put some money in savings each month and match my employees contribution to my 401k.

I reize I need to do more but I'm a bit overwhelmed with all the things I have going through my mind.

I thought you guys may be a better source than google :)

Tia

*edit: sorry for the auto correct and such I'm using my phone
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Re: Finance blogs or book recomendations

  • Well, you could try books like Investing for Dummies.

    Are you looking for specific fund advice? That won't come in published books. And, I would be leery of taking investing advice from a blogger...or anyone you don't know well.

    I have found the Morningstar website to be very helpful for decision making. It is not affiliated with a specific brokerage company that I know of. http://www.morningstar.com/ There is a membership version, but there is quite a bit of info you can gather without paying to join.

     

     

  • When I was younger I read Smart Women Finish Rich. Sadly I didn't take it's advice about avoiding CC debt, but it also had great tips for investing, planning for retirement, and saving for big purchases. There is a "Couples" version that I bet could be helpful for someone at your stage.
  • Yeah I like "Smart Couples Finish Rich."  It's geared more at younger folks and takes you beyond the "get out of debt" phase which is where a lot of books seem to end these days.

    Frankly I get most of my stuff from reading sources like Money Magazine and the op eds for the WSJ.

    I also like Suze Orman's show a lot.  I find her entertaining, and I think the segments she does where she gives callers a report card about how they are doing is very helpful.  It can be hard to figure out how you're really doing when you consider things like age, income, family size, debt obligation, savings, and general spending.  Of course, everybody's circumstances are different, so there's never one right answer.  It's all relative.  That's the one and only thing about online boards that bothers me - I think it can be easy to project our own circumstances and habits onto strangers who are asking questions.  Don't get me wrong, I love these boards - but you have to take advice with a grain of salt.  And people dispensing it have to try to remember that not everybody approaches these things the way they do or have the same financial inclinations and backgrounds.  That's a lot easier said than done.  So I like Suze because she seems to be able to take these various life differences/viewpoints into account when giving advice or a "score" to her viewers.  It helps me figure out how I am doing by comparison.
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