- English
- ePUB (mobile friendly)
- Available on iOS & Android
The Savage Truth on Money
About This Book
Smart strategies for taking control of your money from bestselling author and personal finance expert Terry Savageāthe new, fully updated third edition.
The Savage Truths on Money are time-tested, but new technologies and techniques make it easier and more profitable to make your money work for you! Now, financial success can be achieved simply and automatically through new apps, tools, and access to low-cost money management tools and advice. Living in financial securityānot constantly worrying about education costs, medical bills, or having enough money saved for retirementāis within anyone's reach.
In this new edition of The Savage Truth on Money, author Terry Savage shares the time-tested truths of financial security, guides you on redirecting your finances, and helps you create a financial plan for your futureāusing all the resources of technology, the best people in the financial planning industry, and your own informed judgment. This must-have resource is a roadmap for navigating today's economic reality on the way to your best possible financial future. This invaluable guide will help you:
- Take responsibility for your own financial future, using technology to improve your financial decision-making
- Control your spending and deal with debt, protect your assets, and grow your savings
- Learn the basic truths about money, markets, and human emotionsāand how to use that knowledge to your advantage
- Find financial advisors you can trustā fiduciaries who will put your interests first, and save you money on costs
- Make a realistic plan for college without being buried in debtāand deal with existing student loans
- Createāand reachāretirement goals that allow you to enjoy your financial success
Whether you're just starting out and unsure of your next steps, or you're worried about how you'll manage your investments and plan your retirement, the third edition of The Savage Truth on Money is your one-stop guide for taking control of your finances today and reaping the benefits tomorrow.
Frequently asked questions
Information
CHAPTER 1
The Savage Truth on Getting Rich
Financial Security Demands Smart Choices
You Can Get Rich on a Paycheck If You Donāt Spend It All
- Spend less than you make.
- Invest the differenceāboth money and timeāto maximum advantage.
Retired Secretary Leaves $18 Million To Hospital
Chicago Sun-TimesāA secretary who made her fortune investing bonuses from her salary, which hit an estimated high of $15,000 a year before she retired in 1969, left her fortune to Childrenās Memorial Hospital. Few friends suspected that Gladys Holm, who lived in a modest two-bedroom apartment, was wealthy.
Holmās boss, the companyās founder, had advised her to invest her yearly bonuses in the stock market, a longtime friend said. āIf he bought a thousand shares of some company, Gladys would buy ten shares of the same thing. Nobody gave her that money; she earned it.ā
New York University to Get One-Fourth of Coupleās $800 Million Estate
Associated PressāProfessor Donald Othmer and his wife, Mildred, lived modestly in a Brooklyn townhouse and rode the subway. In the 1960s, they each invested $25,000 with an old friend from Nebraska, Warren Buffett. In the early 1970s, they received shares in Berkshire Hathaway, then valued at $42 a share. When the couple died at ages 90 and 91, the stock was worth $77,200 a shareāmaking their fortune worth an estimated $800 million.
Table of contents
- Cover
- Title Page
- Copyright
- Dedication
- Preface
- Chapter 1 The Savage Truth on Getting Rich: Financial Security Demands Smart Choices
- Chapter 2 The Savage Truth on Money and Technology: Knowledge Is Power
- Chapter 3 The Savage Truth on Spending and Debt: You Can Control Your Cash Flow
- Chapter 4 The Savage Truth on Chicken Money: Nest Eggs Need Some Safety
- Chapter 5 The Savage Truth On Financial Advice: NOT ALL āADVISORSā ARE ON YOUR SIDE
- Chapter 6 The Savage Truth On The Stock Market: It's Less Risky Than You Think
- Chapter 7 The Savage Truth on Investment Choices: Getting Started IsĀ Easy
- Chapter 8 The Savage Truth on Investing for Retirement: The Sooner the BetterāBut It's Never Too Late
- Chapter 9 The Savage Truth on Annuities: Risks and Rewards
- Chapter 10 The Savage Truth on Life, Health, and Disability Insurance: Don't Wait until It's Too Late
- Chapter 11 The Savage Truth on Protecting Your Assets: Your Home, Your Auto, Your Wealth
- Chapter 12 The Savage Truth on Paying for College: A Burden and a Blessing
- Chapter 13 The Savage Truth On Getting ToāAnd ThroughāRetirement: Time to Withdraw
- Chapter 14 The Savage Truth On Social Security, Medicare, and Aging Alone: Getting It Right Is Essential
- Chapter 15 The Savage Truth On long-Term care Insurance: Insure Your Retirement Lifestyle
- Chapter 16 The Savage Truth on Estate Planning: It Pays to Plan While You Can
- Conclusion ā¦ and Beginning
- Acknowledgments
- Index
- End User License Agreement