Andrew Bell (3) (1960–)

A very useful resource for people who want to know more about all things financial. The section on investments is particularly helpful for the novice. The authors use some very good analogies to help explain things like choosing investments (likening investments to bacon) or how the stock market works (trading hockey cards in the school yard). And I will definitely be re-reading the part about buying a house when that time comes.

My only objections were that I thought the RRSP section should have been longer (no idea why) and the chapter on credit cards seemed to assume that all of its readers were wanton spendthrifts racking up thousands of dollars of debt on multiple credit cards, when there are people who pay their balance off in full each month and have maybe only one or two credit cards. Yes you want to warn people of the dangers of excessive spending, but I thought that went a bit far.

Still, I would recommend this book to just about everyone, especially those who don't really like dealing with icky financial matters. At the very least this will give you a starting point for things to discuss with a financial adviser!… (mehr)