May 17, 2016

The Index Card

The Index Card: Why Personal Finance Doesn't Have to Be Complicated by Helaine Olen and Harold Pollack

Summary: TV analysts and money managers would have you believe your finances are enormously complicated, and if you don’t follow their guidance, you’ll end up in the poorhouse.

They’re wrong.

When University of Chicago professor Harold Pollack interviewed Helaine Olen, an award-winning financial journalist and the author of the bestselling Pound Foolish, he made an off­hand suggestion: everything you need to know about managing your money could fit on an index card. To prove his point, he grabbed a 4" x 6" card, scribbled down a list of rules, and posted a picture of the card online. The post went viral.

Now, Pollack teams up with Olen to explain why the ten simple rules of the index card outperform more complicated financial strategies. Inside is an easy-to-follow action plan that works in good times and bad, giving you the tools, knowledge, and confidence to seize control of your financial life.

Angies comments: This is a quick read – I won’t say easy, because putting the advice into practice is another story! Both authors share their stories of financial issues, which gives a personal slant to their advice. The authors really want you to be in control and understand your own finances.


Recommended for everybody!


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