The Wealthy Barber: The Common Sense Guide to Successful Financial PlanningHappy First Friday of the New Year DINKS!

As I cruise around the web, I notice that many bloggers like to recommend their favourite books about Personal Finance.

I love to read, not necessarily about Personal Finance because I am surrounded by it all day; but nevertheless, I love to read.  I haven’t jumped onto the E Book bandwagon yet because I like to read with a book in my hands anywhere that I go; that doesn’t always include having a computer in my hands.  I hope that you are like me and like to read books.

We are starting off the New Year right… with a personal financial book giveaway.  1 Lucky reader will win a copy of The Wealthy Barber by David Chilton.   The Wealthy Barber is The Common Sense Guide to Financial Planning, and we are giving away a free copy.  All you have to do is leave a comment on this post and tell us your financial goals for 2011.  That’s it; it’s as simple as that.

Here are some more Personal Finance Book Recommendations from around the web:

50 Plus Finance recommends his favourite personal finance books on his book shelf.    The two book recommendations that stood out for me were Morningstar’s 30 Minute Money Solutions: A Step by Step Guide to Managing Your Finances by Christine Benz and The Total Money Makeover by Dave Ramsey.  Both of these books discuss restructuring our financial lives from A to Z.  They aren’t get rich quick scams, because we all know that our financial lives will not change overnight, it will take time.  However, it doesn’t have to take forever.

Young and Thrifty recommends The intelligent Investor by Benjamin Graham.  Young and Thrifty describes this book as the best investment book ever written, and says it’s a must read for every investor before they start investing.

Budgets Are Sexy recommends Generation Earn: The Young Professional’s Guide to Spending, Investing, and Giving Back by Kimberly Palmer.  I love this book recommendation because it is so important that we as DINKS use some of our disposable income to Give Back. We can have money, but we don’t have to be greedy.  If you are looking for a great cause in 2011, check out Love Drop.  J. Money from Budgets Are Sexy is a co-founder.

Don’t forget to  post your comments and let us know your financial goal for 2011.

You could win a copy of The Wealthy Barber by David Chilton.


This entry was posted in Book Reviews, Giveaway, Weekly Recap by Kristina Tahnyak. Bookmark the permalink.

Avatar photo About Kristina Tahnyak

Tahnya is a Certified Financial Planner and former Investment Advisor turned marketing and communications professional She holds a degree from Concordia University, is debt free and currently works in the field of digital marketing.

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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