My initial reaction to books like "Dollars and Uncommon Sense: Basic Training For Your Money" is always the same. Why do so many Americans need to read a book or take a seminar to learn how to manage their money? I just can't relate. I was raised by parents who went through the Great Depression. My parents, like so many of the people in the Greatest Generation, demanded value for their hard-earned money, ate most meals at home, saved for a rainy day and invested what little they did have very wisely. … more
Dollars and Uncommon Sense- Basic Training for Your Money by Steven Repak CFP is an excellent book on how to save money on virtually every item in the household budget. Steven Repak points out the areas of excess; such as, spending too much money on rent, eating too frequently in restaurants and living on credit cards. Debt is like a drug. There are six key traits to wealth building. People who have these traits do the following: … more
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