Anyone know of any good books that give basic personal finance advice?

September 30th, 2008 | by admin |
MountainChick asked:


My parents are in a bit of financial trouble. The problem is not their income. It really comes down to the fact that they don’t have a basic grasp on how to manage money. Any money they make, they spend on something. They won’t take advice from me, because I’m “just their kid.”

So I was wondering if there were any books out there that anyone might know if that talks about things like:

Paying yourself first
How to set up a budget
How to change your thinking about spending
How to get out of that “spend every extra dime you have” mentality…
Etc.

It needs to be a fairly simple read, because neither of them “has time to read.”

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  1. 2 Responses to “Anyone know of any good books that give basic personal finance advice?”

  2. By avonfromstubby on Oct 1, 2008 | Reply

    anything by Suze Orman.

  3. By Lynda B on Oct 2, 2008 | Reply

    Hi there mountain chick,
    The book to get for you and your parents is the Total Money Makeover by Dave Ramsey. You may be able to get it at the library, but you can definitely get it from his website…www.daveramsey.com
    This website and book will be a wealth of information for you and your parents. Dave Ramsey teaches us how to get out of debt and to stay out of debt. This book is a very easy read, easy terms and all of the forms you need will also be in his book. Also, at you can look for Financial Peace University classes. You and your parents can go through his class and learn about getting out of debt and many other concepts of saving and living debt free.
    I commend you for being such a wonderful child to help your parents. They may not listen to you, however, you can give them these tools for financial peace and know that you did the right thing……….good luck!

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