Moneysense beginner guide to personal finance pdf

Stories of women who struggled to pay off credit card debt , who let partners control their finances and who let fear keep them from taking financial risks serve as a springboard for Keehn to discuss things like budgeting, investing, tax shelters and financial planning. While anyone can benefit from these takeaways, Keehn wrote this book for women. Even so, younger generations are taking less initiative when it comes to their finances. And, as Keehn recounts, when women take less initiative with their finances, repercussions may follow—for instance, two-thirds of women whose partners are the primary breadwinner feel trapped.

Through relatable stories and a strong dose of judgment-free wisdom from Keehn, readers will become more aware of their money missteps and more empowered to take control of their financial futures. Romana King is the friend you wish you had when buying a house, dealing with repairs—or, really, anything involving money and your home.

In a nutshell, the book is about the value of your home. She walks us through how a home can be a long-term investment, if you look at the numbers right: from bidding wars to down payment funds what she calls saving for a down payment to insurance to repairs to utility costs to managing debt. Essentially, King gives you the long-term picture and puts all the costs into perspective.

Need a new roof? The quotes are big enough to have you questioning home ownership. Having read the book, I already feel more confident about talking to contractors.

The key, though, is the numbers. King gives current average costs for everything. Luckily, Erin Lowry—the best-selling author of Broke Millennial and Broke Millennial Takes On Investing— has advice to make it less awkward, and her writing is so down-to-earth and engaging that even a financial novice like me can understand. Lowry shares ideas for talking about money with co-workers, romantic partners , friends and family.

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Mortgage brokers are mortgage specialists who have access to Uncategorized Video: How to split an inheritance MoneySense expert Bruce Sellery answers viewer questions about splitting Home Insurance How condo insurance works Condo insurance is important for protecting yourself, your unit Spend less than you make.

Start by spending less than you make, saving more money and learning to live within your means. Pay off debt especially high interest debt.

Debt can be extremely damaging to your personal finances. Build up an emergency fund. The goal of an emergency fund is to keep you going until you can get back on your feet. A good rule of thumb is to save enough money to cover at least months of living expenses.