Advertisement
A bunch of new personal finance books are just coming out. Here's one I actually like
One of the perks of being a writer at MoneySense is I get review copies of all the new personal finance books hitting the market. Did I say perk? Okay, what I really meant is I get to spend my evenings plowing through tomb after tomb of get-rich-quick books.
I’m usually sent a book a week in the mail, but lately I’ve been inundated and I’m starting to fall behind. I’ll recommend a few of the books I like next week, but for now I’ll mention the first one that caught my eye: Earn, Spend, Save: The Savvy Guide to a Richer, Smarter, Debt-free Life (Wiley). The book is from Chatelaine and written by the magazine’s financial columnist, Kira Vermond. Naturally, it’s aimed at women.
Normally, I’m suspicious of personal finance books for women. The principles of saving and investing are no different for men than women. So why buy a female-focused book when there are plenty of classics already out there? (The Wealthy Barber, The Millionaire Next Door and The Four Pillars of Investing, to name a couple.)
Plus, I’ve not been impressed with a lot of these books so far. They seem to approach the topic of money as if the readers were in an episode of Sex in the City. (“Hellooo! Do you really need another Prada purse. Those RRSPs aren’t going to take care of themselves, sister.”)
Earn, Spend, Save is a vast improvement on what’s already out there. The advice is easy to digest but doesn’t sacrifice solid information for style. This book seems to be targeted to younger women just starting to build their careers. In that respect, it provides a nice overview of investing, debt, credit scores, taxes, RRSPs and mortgages. Reading it won’t steer you on a path to riches, but it will provide a solid foundation of personal finance know-how.
Now, back to all those other books I have to read. Stay tuned…
Share this article Share on Facebook Share on Twitter Share on Linkedin Share on Reddit Share on Email
What does 2025 have in store for Canadian investors? Who knows. But there are some trends to keep an...
Learn the tax implications of moving investments from Canada to the U.S. There’s lots to consider.
Looking back at 2024, we go through the Canadian and U.S. stock exchange predictions, as well as crypto, Tesla...
You may be able to get some tax relief when the stock of a company you hold goes bankrupt....
This advisor isn’t losing any sleep over the markets. In fact, looking back at 2024 and forward into 2025,...
Bitcoin’s value surpassed the USD$100,000 mark in late 2024. Here’s what could affect bitcoin and other cryptocurrencies in the...
Those at or near retirement need to account for slightly higher tax brackets, as well as higher Basic Personal...
Sponsored By
Simplii Financial
Sponsored By
Simplii Financial
