Books are always a good place to start (or end) your Christmas shopping and the recipient may just learn something.
To make your life a little easier, I’ve dredged up a few titles worthy of being wrapped and unwrapped this Christmas.
Boomerang: Travels in the New Third World, by Michael Lewis.
Lewis has written several entertaining and easy to read books on financial issues, while two of his other books were the basis of recent films, The Blind Side and Moneyball.
Here Lewis’ good form continues; travelling to several countries decimated by the financial crisis he looks at the reasons these countries found themselves in such strife and according to Lewis it’s psychological.
The Investment Answer: Learn to Manage your Money and Protect your Financial Future, by Dan Goldie & Gordon Murray.
This slimline book (85 pages) cuts down the financial jargon and offers answers to five key financial questions everyone should ask themselves.
This book is handy because it can be read and understood in one sitting; furthermore it’s easy to refer back to as an ongoing financial reminder.
In an endless stream of investment books, The Investment Answer wins for its clarity and common sense.
How to Get Out of Debt, Stay Out of Debt, and Live Prosperously, by Jerrold Mundis.
First published in 1988 and based on the principles of Debtors Anonymous, this book is based on real life experiences of accumulating and getting out of debt.
With a focus on behaviour as the cause of debt, it’s about overcoming this behaviour, implanting simple strategies to tackle debt and making sure you don’t take on further debt.
The solutions offered here could soon make Australia’s monthly interest rate obsession something of little significance.
Merry Christmas!
Peter Mancell is a director of Mancell Financial Group and FYG Planners AFSL 224543. This information is general in nature and readers should seek professional advice specific to their circumstances. If you’d like help with your financial future, we ‘re one of only six fiduciary financial advisors in Australia.
