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A review by kartiknarayanan
The Dumb Things Smart People Do with Their Money: Thirteen Ways to Right Your Financial Wrongs by Jill Schlesinger
5.0
You can listen to the review on my podcasts available on Apple Spotify Stitcher
You can also watch it on Youtube
Read the full synopsis & review at the Digital Amrit
Overview
As the title suggests, this book explains 13 wrong decisions which otherwise-smart people make in financial matters. The kinds of mistakes and how to avoid them are explained using real-life examples along with a set of questions for each of these situations to help you. So, what are these pitfalls?
1. Complicated financial products
2. Financial advice from wrong people
3. Stressing too much on the importance of money
4. Too much college debt
5. Buying a house
6. Taking too much risk
7. Identity theft
8. Overindulgence in early retirement
9. Financial issues vis a vis bringing up kids
10. Plan for the care of ageing parents
11. Wrong insurance or no insurance
12. No will
13. “timing” the market
Complicated Financial Products
Let’s go through each of these, starting with complicated financial products. Almost all of us invest in some kind of financial product or the other. These can be simple stocks or (Read the full review at my blog)
If you liked this review, please support me on
Patreon
and/or buy the book through the affiliate links.
Amazon India
Amazon UK
Amazon US
You can also watch it on Youtube
Read the full synopsis & review at the Digital Amrit
Overview
As the title suggests, this book explains 13 wrong decisions which otherwise-smart people make in financial matters. The kinds of mistakes and how to avoid them are explained using real-life examples along with a set of questions for each of these situations to help you. So, what are these pitfalls?
1. Complicated financial products
2. Financial advice from wrong people
3. Stressing too much on the importance of money
4. Too much college debt
5. Buying a house
6. Taking too much risk
7. Identity theft
8. Overindulgence in early retirement
9. Financial issues vis a vis bringing up kids
10. Plan for the care of ageing parents
11. Wrong insurance or no insurance
12. No will
13. “timing” the market
Complicated Financial Products
Let’s go through each of these, starting with complicated financial products. Almost all of us invest in some kind of financial product or the other. These can be simple stocks or (Read the full review at my blog)
If you liked this review, please support me on
Patreon
and/or buy the book through the affiliate links.
Amazon India
Amazon UK
Amazon US