May 20, 2008

Book Review : The Wall Street Journal Complete ... Guide

The Wall Street Journal Complete Personal Finance Guide
Jeff D. Opdyke
HG 179 .O639 2006

The Wall Street Journal Complete Retirement Guide: How to Plan It, Live It and Enjoy It
Glenn Ruffenach & Kelly Greene
HQ 1063.2 .U6 R84 2007

These two guides help you to manage money during your earning years as well as your retirement years. The Complete Personal Finance Guide helps you to budget for and manage everyday expenses, use credit cards wisely, save and invest. It also helps you develop strategies concerning real estate purchases and to plan for retirement. The Retirement Guide picks up where the Complete Personal Finance Guide leaves off. It begins by addressing how much money you will need to save for your retirement based on how you plan to spend your time. It offers tips for turning interests into a second job, hobby, or volunteer activity. It also helps to guide you through the complexities of Social Security, Medicare, 401(k)s, IRAs, insurance, long term care, estate planning, and similar financial and welfare concerns. Both books are easy to understand, putting financial jargon into everyday language, and packed full of tips, hints, and real-life examples that help you relate the authors' recommendations to your own financial situation.