Making the Most of Your Money

Front Cover
Simon and Schuster, 1997 - Business & Economics - 1066 pages
21 Reviews
This classic book of solid and practical financial advice has been completely refocused to address new tax laws, new ways of paying for higher education, new forms of health insurance, and the completely new investment climate.

As a financial planning tool, the original Making the Most of Your Money predicted a change in America's priorities—away from an obsession with spending and toward a desire to save and invest. The book also foresaw an environment dominated by falling inflation and interest rates. That call was right on the money.

The new edition sees yet another shift in financial energies -- a fresh round of serious borrowing, as the boomers start sending kids to college; a desire to save for retirement fast; and an obsession with keeping safe the profits that have already been made. Investing is getting more complex, as more financial products and services come to market and as traditional guideposts change. More than ever, investors need a clear path through the undergrowth.

The new Making the Most of Your Money is that path. It presents a new blueprint for twenty-first-century success.

On investing: The markets will surprise you. Serious investors need a better understanding of asset allocation and how to diversify for global gains while minimizing risk. The new edition presents a variety of investment mixes for different purposes. You'll also find a sophisticated guide to picking superior mutual funds.

On paying for college: The entire federal financial-aid program has been overhauled. Much more money is available to middle-class families, making paying for college the art of the possible. This book takes you through all the money sources.

On buying a home: The percentage of Americans owning their own homes is on an upswing. That's because mortgage lenders are rapidly opening their doors to people who couldn't get loans before. They also have the welcome mat out for young first-time buyers. You'll find out here how all these new programs work.

On life and health insurance: Life insurance and tax-deferred annuities are being widely sold as retirement investments. The new edition helps you decide when that's a good idea and when it isn't (hint: it usually isn't). In a greatly expanded section on HMOs, Quinn explains how to evaluate the choices you have and lays out your rights if your insurer lets you down.

On retirement planning: Employees have built up significant assets in 401(k)s and other tax-deferred plans. The self-employed have several deductible options to choose from -- each one just right for a particular situation. An expanded retirement section helps you get the most from any retirement savings plan and forecasts how much you're likely to need in your old age.

On post retirement planning: Given longer life spans, people who think they've retired haven't. A section for those past retirement lays out better investment strategies for making money last.

On the checklists for changes in your life: The checklist chapter—one of the sections of the original edition that was consulted most often—has been expanded to include checklists for starting a home based business, teaching kids about money, unmarried couples, new widows and widowers, and defensive planning for a potential layoff. Quinn has also added to the existing checklists on pre- and post-marital planning, caring for an elderly parent, having a baby, finding day care, and enduring divorce.

On finding a financial adviser: Almost every financial salesperson today claims to be a financial planner—so you'll learn more about how to separate the mutts from the purebreds. But with what you learn here you can be your own financial adviser. No one will ever care as much about your money as you do.

The completely revised and updated Making the Most of Your Money will carry Americans through the millennium-pointing younger workers toward saving the rising incomes they're going to earn, boomers toward the retirement that can be more successful than they think, and retirees toward an investment plan they can be comfortable with. With this edition, you'll be making the most of your money ever.

  

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Review: Making the Most of Your Money Now (Revised)

User Review  - Helen Crow - Goodreads

If I ever get to retire, it will be because of good advice from Jane Bryant Quinn. Yes, I have told her. Read full review

Review: Making the Most of Your Money Now (Revised)

User Review  - Goodreads

If I ever get to retire, it will be because of good advice from Jane Bryant Quinn. Yes, I have told her. Read full review

Contents

Foreword
11
The Right Way to Keep Records
33
Finding a Bank That Even Your Mother Would Love
50
Willing Makes It
100
FINDING THE MONEY
159
Learning to Live Without Consumer Debt
206
All the Best Ways to Borrow Money to Invest
246
YOUR SAFETY NET
277
Where It Helps and Where It Hurts
645
Your Ticket to the Future
694
Income InvestingThe Right Way and the Wrong Way
735
Some A bsolutely Awful Investments
789
The Case for Putting Some Money Abroad
810
RETIREMENT PLANNING
841
Still Living Rich at 99
905
How to Tap the Equity Youve Built
939

Learning to Live with Rationing
346
The Risk That Everyone Forgets
415
The Search for the Best and Cheapest Auto Insurance
434
Protecting Your Home and Everything in It
450
YOUR OWN HOME
473
The House That Doesnt Cost You Anything Much
506
PAYING FOR COLLEGE
519
How to Beat the College Inflation Rate
555
UNDERSTANDING INVESTING
573
Every Investors Bedrock Buy
603
MAKING IT WORK
949
AFTERWORD
966
Taxable vs TaxFree Bonds
1013
How Long Will Your Capital Last?
1015
Will It Work for You?
1019
Life Expectancy Expected Return Multiple
1023
Life Expectancy Group Annuity Table
1025
Pure NoLoad Mutual Funds
1027
INDEX
1031
Copyright

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About the author (1997)

Jane Bryant Quinn is the author of the bestselling Making the Most of Your Money and Everyone's Money Book. She writes regularly for Newsweek and Good Housekeeping. Her New York Daily News column is syndicated by The Washington Post to newspapers nationwide. She lives with her husband in North Salem, New York.

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