Friday, April 13, 2012

Personal Finance for Canadians for Dummies, 4th edition, by Eric Tyson and Tony Martin

This comprehensive book covers all areas of personal finance. Among the numerous topics covered (and there are many) are the following: how to pay down debt; cut back on expenses; save for retirement; invest in such financial instruments as the stock market, bonds, mutual funds and GICs; advice on purchasing insurance, whether life, home, auto or disability; how to decide if you need a financial planner, and if you do need one, how to go about finding the right planner for you; how to save for education; and how to assess financial information that you come across in newspapers, TV, the radio, newsletters and the Internet. In fact, this book is so complete, it could serve as a textbook for an introduction to personal finance class.

If you are looking for a good text that provides an overview of personal finance, then this book is for you. By explaining essential financial concepts and providing practical advice, this work is quite impressive. That being said, this book is less suitable for experienced investors, or those who are already well versed in the subject of personal finance. On the other hand, one cannot expect a "For Dummies" book to be written for experts!

5 out of 5 stars