With your personal finances, do this — not that
The Washington Post: "I love how Otter tackles common financial decisions in a “do-this, not-this” format."
Jul 16, 2012
The Washington Post
By Michelle Singletary
Published: July 7
I rarely think in shades of gray when it comes to personal finance issues.
Yet because personal finance is so personal, some experts are leery of telling people, without any equivocation, what to do with their money. But offering a long list of pros and cons often leaves people unsure of what to do. My goal is to never leave you on the fence.
It’s for this reason that I’m recommending “Worth It . . . Not Worth It?: Simple & Profitable Answers to Life’s Tough Financial Questions” by Jack Otter as the July selection for the Color of Money Book Club.
Otter, the executive editor of CBS Moneywatch.com, shares my aversion to shades of financial gray. Everyday, he writes, we face questions about our money. Most of these questions, he believes, can easily be answered.
“I’m not suggesting it’s easy to get ahead financially,” Otter notes. “What I am telling you is that there are right and wrong answers to most of the financial decisions life throws at you, and given the necessary information it’s fairly simple to figure out which is the right call. Money is a very emotional subject, and we often get tied up in knots when wrestling with financial questions.”
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Jul 16, 2012
The Washington Post
By Michelle Singletary
Published: July 7
I rarely think in shades of gray when it comes to personal finance issues.
Yet because personal finance is so personal, some experts are leery of telling people, without any equivocation, what to do with their money. But offering a long list of pros and cons often leaves people unsure of what to do. My goal is to never leave you on the fence.
It’s for this reason that I’m recommending “Worth It . . . Not Worth It?: Simple & Profitable Answers to Life’s Tough Financial Questions” by Jack Otter as the July selection for the Color of Money Book Club.
Otter, the executive editor of CBS Moneywatch.com, shares my aversion to shades of financial gray. Everyday, he writes, we face questions about our money. Most of these questions, he believes, can easily be answered.
“I’m not suggesting it’s easy to get ahead financially,” Otter notes. “What I am telling you is that there are right and wrong answers to most of the financial decisions life throws at you, and given the necessary information it’s fairly simple to figure out which is the right call. Money is a very emotional subject, and we often get tied up in knots when wrestling with financial questions.”
Read More