Summaries of books about Personal Finance:
Financial Fresh Start
Your Five-Step Plan for Adapting and Prospering in the New Economy
Shari Olefson
The book provides a practical five-step strategy for individuals to navigate and thrive in the post-recession economy, focusing on adapting to changes in areas such as housing, credit, and employment. It offers advice on managing debts, improving credit scores, investing wisely, and understanding new government policies and how they affect personal finances.
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What If Boomers Can't Retire?
How to Build Real Security, Not Phantom Wealth
Thornton Parker
The book explores the potential economic and social consequences of a scenario where the Baby Boomer generation is unable to retire due to insufficient savings and the instability of pension systems. It delves into the flaws of relying on "phantom wealth" like inflated asset values and offers strategies for creating sustainable financial security for retirees.
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