Everyone knows of some good books that give basic advice on personal finances? My parents are in some financial difficulties. The problem is not their income. It really comes down to the fact that they do not have a basic knowledge on how to manage money. All the money they make, they spend on something. They will not take advice from me, because I'm "just a child."
So I was wondering if there were books out there that anyone can know if it talks about things like:
paying yourself first
How to set up a budget
How to change your thinking on spending
How to get out of this "spend every penny extra you" mentality ...
Etc.
It should be a simple reading, because none of them "has time to read."
Mountain Hi chick,
The book to get you and your parents Total Money Makeover is the Dave Ramsey. You may be able to succeed in the library, but you can certainly get it from their website ... www.daveramsey.com
This website and book is a mine of information for you and your parents. Dave Ramsey teaches us to get out of debt and stay out of debt. This book is a very readable, easy and conditions of all forms you need will also be in his book. In addition, you can search www.daveramsey.com classes Financial Peace University. You and your parents can go to his class and learn to get out of debt and many other concepts of savings and debt free life.
I congratulate you for being such a wonderful child to help your parents. They can not hear you, however, you can give them the financial tools for peace and I know you did the right thing .......... Good luck!
Suze Orman nothing.
Posted on February 11, 2010.
