The Truth About Money 4th Edition

I have read this book many times over the years. I continue to go back and read again a section depending on what is happening in my financial situation. I have bought this book many times as a gift for my family members to help them understand how to manage their money. I highly recommend this book!!

This book is so well written and organized that I buy it as a gift for people. It literally teaches you about money. So if you need to buy a car, go to that chapter and learn how. Need a credit card, buying a house same thing.It also teaches you about saving and investing. All of my kids have their own copy.

The Truth About Money is an easy read that provides insight on money matters that we all should know about but most likely didn’t learn in school. I have either recommended or given the book to colleagues as a must-read manual for their better understanding of personal finance.

Back when I went to college I took a lot of finance classes, so (at the time) I considered myself fairly knowledgeable. Over the ensuing years my life took a different direction then business or finance and as the economy faltered these past couple of years I found myself not fully understanding what people were talking about etc... One day I heard Ric's radio show and it seemed congenial and funny when giving advice, he hawked his book and I decided to buy it to try and at least be some what familiar with the game so I could understand what my financial planner was saying (well fully anyways).Ric's style of writing is very easy to read & follow. In fact I am not much of a reader (usually read for 30-45 minutes at most) but I read the whole first section in one sitting (maybe 2 hours?!). He explains things in an easy to understand way so I think someone with know background in this area can follow it as well as someone like myself who has the general idea of what is going on. He throws in some pretty good humor (IMO) too, I will paraphrase but my favorite so far has been were he says something like "How to make a million dollars" or something like that and then goes on to say "I don't know and if I did why would I tell you? I don't know you....". I found that very funny.Anyway, so far I am maybe 1/2 way through the book and have found it well written and an easy read. I would recommend it if you are trying to figure out how to save for retirement or your kids college tuition.

I'm nearing retirement. Like oh so many people "I wish I had known these ideas and started aggressively saving when I was much younger"! You will never be younger than you are now, so start now!There is no shortcut. Start your loved ones off now on the right path. No kid likes to listen to old Dad talk about saving for retirement - don't let that stop you. If you love them - teach them! This book (and others from Ric) are invaluable and can really lead to wealth - not in the short run, but will assure success in the long run which no other path really can. And even if you are more than half-way to retirement, the ideas Ric presents can make your future brighter!Go to a fee-based independent financial adviser today, regardless of your financial condition. They can only help make things better. Be honest with yourself - don't let embarrassment stand in your way! Go! You'll be glad you did.And read all of Ric's books. Compared to the improvement in your financial condition that will result by following the ideas he presents, these books are a wonderful bargain.

This book was amazing when I finally had the time to read it. It is not only informative, but Ric Edelman teaches you in a very entertaining way. He often guesses at what you would probably do or think about a certain situation, then tells you why you are wrong. He has stories to back the information and explains just about everything you will need to know about getting out of debt, investing, maintaining cash reserves and he addresses these things (and others) by your personal situation, married, single, widowed, divorced, old, young, retired, working, and with grown children living at home! Can't begin at touching on all he shares, but it is worth it whether you think you know it all or not. Get another perspective and do yourself a big favor! It was written in 2016 or 17 so there may be changes in some areas, but the basics are explained well.

I found Ric Edelman's, The Truth About Money to be VERY helpful.Let me preface my remarks by admitting that I've spent my life in the financial industry in a testing & research capacity - NOT sales. My background is pretty solid so I am fairly critical of financial books.Here is what I like about Ric's presentation for you to judge potential value to you:1) Comprehensive - many/most topics you might need to know about.2) Objective - the facts as most consumer-oriented financial professionals would present.3) Easy to read - my opinion is he presents information in a very easy to digest format, right for non-financial types.I've listened to him on the radio in the Boston area often and he/his team present straight forward, consumer-oriented information there as well. I give him strong kudos as not many books are as thorough and well-presented as this one.I would recommend to nearly anyone.PS - I was a bit intimidated by the length when I did my own Amazon review prior to buying as it is long. Don't worry, the short chapter format is really EASY to pick-up and read in tidbits.