How to Ruin Your Financial Life
Stein delivers a practical message in his own brand of wry, dry humor. Maybe money can’t buy happiness, he writes, "but it sure gives a good impression of a long-term lease." And so, by pointing out the myriad ways too many people wreck their financial status, he illustrates how to attain a life in which—even if you’re not a billionaire—money doesn’t keep you up at night. Running through a series of 55 "tips" (such as "as soon as you’ve succeeded in maxing out your credit cards… get new ones!" and "put all your eggs in one basket—that is, your company’s 401(k)—‘cause only sissies diversify"), Stein backs into explanations for why these oft-practiced habits are so damaging, and stupid. This probably isn’t the only financial planning book one should read, but it is entertaining—and it’s a surefire shot of reality for anyone heading down the well-worn path to financial ruin.Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.