[E–pub/Kindle] (This Is the Year I Put My Financial Life in Order) Author John R. Schwartz
Felt That They Were On A Financial Precipice I Gotthat they were on a financial precipice I got lot out of reading this just following along with their financial ups and downs and seeing the financial reality of how a higher social class than mine lives I hope that this prompts other people to write about their financial lives Society needs to see the truth of how we re all living Amazingly funny insightful and deeply authentic Eual parts hilarious frightening and enlightening Available as an 11 hour unabridged audio downloadDisclosure The author is as they say on Facebook a friend of friends I have met him a few timesThis is an informative and well read audiobook but I was disappointed that they used a professional reader rather than the author himself I listened to the author read one of his previous books which like this one draws heavily from his home life I thought the nowledge that the author was reading his own work added a sense of immediacy even if the sound of his voice was not familiar to youThe author professes to be afraid of money which I don t understand but then again I have friends who are afraid of birds and I don t understand that either However I have concluded that my lack of imagination which I often view as a curse may also be a blessingBeing unafraid of money some of the revelations that came to the author later in life eg investing in index funds is the best solution for the lazy amateur investor came to me earlier Still it s good to be reminded of what you already Gold Rush know and listen to somebody else s reason for arriving at the same conclusionsHowever some parts of the book reminded me rudely that I have been grossly negligent about important but boring parts of life eg making a will and I needed to get on the stick I asked a person I regard as one of the most responsible adults Inow for a recommendation for an attorney and was astonished to find that she although she has some property and A Child Had Also child had also to make sufficient preparations On my recommendation she downloaded a copy of this audiobookThe book is also vastly entertaining than the average book on the topic Worth listening to if you are acting like an adult now or considering acting like an adult in the future. You through his own journey to financial literacy which he admittedly started a bit late He covers everything from investments to retirement and insurance to wills at fifty eight he didn't have one medical directives and Whether you're a college grad wanting to start out on the right foot or you're approaching retirement age and still wondering what a 401K is This Is the Year I Put My Financial Life in Order will help you become your own best financial adviser. .
John R. Schwartz ´ 8 summary.
Gas country You Girl Reporter know because everyone has those All your children want to go to expensive out of state state universities You could sit down with theids and explain to them why out of state tuition is a challenge or you could magically come up with the money anyway through a combination of sweet talking family friends in the admissions office into awarding them scholarships then cover the rest
By Drawing On The Threedrawing on the three college savings accounts your wife s dad had put aside Problem solved D Common sense guide to money management told in a narrative form with many literary illusion Schwartz tackles this subject with a light hand making the information "EASY TO TAKE IN SAVE EARLY CONTRIBUTE AS MUCH "to take in Save early Contribute as much you can to your 401K If you read this book you ll reach one of two conclusions1 The author seems to be constantly worried about money Which of course is a general problem for most of us And obviously Schwartz was smart enough to take charge of his finances and comes out uite scathe free So he wants you to learn from his mistakes as well as the steps he took putting his finances in order 2 But it s difficult to trust his intentions in writing this book The book comes across as another money making scheme A means he can earn additional cash to solve his money challenges esp I m at a strange part of my life where I ve read enough financial planning books for them to not make much of a difference any in my strategies they all seem to fall into the same themes without much advice to distinguish them but where I haven t put much of what I ve learned into action I think part of the issue is we don t often see first person accounts from non experts who ve gotten their finances in order Besides some podcasts I listen to I
haven t heard many stories of the mistakes people have made in their financial lives where they learned and grew andt heard many stories of the mistakes people have made in their financial lives where they learned and grew and out all right in the end I think this book is important in that it s not written to give you the secret to maximizing your retirement accounts or finding the perfect property to rent out or giving you the advice to cut out your lattes and avocado toast so you ll one day be able to afford your house Instead it s about a pretty average upper middle class guy managing his money and raising his family and navigating finances within his marriage There s plenty in here that most people won t get much out of He s pretty privileged and it shows But society trains us to not talk about our mone. Life in Order is the book that everyone who has never wanted to read a preachy financial guide has been waiting forJohn Schwartz and his wife Jeanne are pre retirement workers of an economic class well above the poverty line but well below the one percent Sharing his own alternately harrowing and hilarious stories from his brush with financial ruin and bankruptcy in his thirties to his short lived budgeted diet of cafeteria french fries and gravy John will walk. .
I have this as an audiobook It took me a long time to get through it as I would only listen to a chapter or two at a time I liked how transparent the author was and he provided tips in a direct way Some strategies are I m already doing so this is tailored to those "WHO DO NOT HAVE THEIR FINANCIAL LIFE YET "do not have their financial life together yet I still recommend If you are afraid of money so was the author and this is an ideal book for the person who nows they need to get it together but fear has paralyzed them The author is vulnerable smart and funny It s a great read I find most financial books written by people who are pretty full of themselves you can t help liking this guy For someone who may be in their 30s or early 40s who may have been dabbling in savinginvesting but hasn t put together a structured path to follow for their financial goals this is a must read If you re already maxing out your 401ks Roth IRAs with low cost index funds have spent your life living below your means and have tidied up loose ends by setting up a will and taking care of health insurance you likely won t gain much from the bookBetter yet this should be a gift for recent college grads who have the time horizons to take advantage of all the sage advice and lessons learned before mistakes are made Completely useless The first chapter looked promising enough but it turns out this book is far less about useful financial advice and mostly just one long ramble about the author s personal life and impossible luck It s an engaging read but almost none of this advice applies to anyone without connections in high places andor a wealthy family a very long way from the Everyman can do it premise this book was billed underDon t believe me Here are just a few examples Deep in credit card debt Good thing your new book about bioterrorism is coming out right after 911 the book advance is worth tens of thousands and coming your way just when you need it Badly underwater on a co op apartment in another city that you can t sell and are facing near certain bankruptcy Never mind you can just magically convince the bank to give you a mortgage on a new house pour in money to fix it up then flip it and instantly earn a cool 200k You do live in a high cost of living area in the middle of a real estate boom right Your child badly needs 3k in orthodontic work that insurance won t pay for No problem You can just sell off some of your wife s family s mineral rights in oil and. A New York Times correspondent shares his financial successes and mishaps offering an everyman's guide to straightening out your money once and for allMoney management is one of our most practical survival skills and also one we've convinced ourselves we're either born with or not In reality financial planning can be learned like anything else Part financial memoir and part research based guide to attaining lifelong security This Is the Year I Put My Financial. ,
John R. Schwartz