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Making the Most of Your Money

Making the Most of Your Money

List Price: $30.00
Your Price: $19.80
Product Info Reviews

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Rating: 5 stars
Summary: not selling you her branded financial products
Review: I found this book at my library after reading it rated well by Consumer Reports. Of course details are a touch out of date, but I found the information to be very solid and consistent with the advice of other financial advisors that I respect (e.g., NPR's Sound Money). It provides guidance on how to build a stable financial foundation. If you're looking for a get-rich-quick scheme, this book won't make you happy.

I've been on a personal finance reading blitz in the last couple of years, and I recommended this book as my favorite to my sister. (She told me there were many nasty reviews here which is why I'm writing this.) It's a lot of information for someone who isn't really sure they want to learn about personal finance (a reluctant child or head-in-the-sand parent), but for those interested in depth I highly recommend it.

And she isn't trying to see you a financial product with her name or logo attached (and a fat percentage in their pocket) like so many in this field, which gives her more credibility than most. I wouldn't recommend that anyone rely on only one source for any serious topic, but I have recommended this as a source to people I care about.

Rating: 5 stars
Summary: Making the Most of Your Money
Review: I bought the original book and found it to be a valuable financial guide. It provided a wealth of information on a variety of topics and helped me avoid some potentially serious mistakes. JBQ is absolutely right - no one will ever care about your money as much as you do. Well worth adding to your library.

Rating: 1 stars
Summary: A great primer for commissioned sales people
Review: This book will teach both young and old people everything that high pressure commissioned insurance, real estate and other sales people are taught in sales school.

Makes their jobs much easier.

You can skip this one, unless you are a commissioned sales person with no soul.

Rating: 5 stars
Summary: great primer for life
Review: Introduces adults to everything their parents should have taught them to be responsible adults but didn't.

Rating: 4 stars
Summary: What is so inaccurate?
Review: I borrowed this book from the library & I don't understand the negative reviews. Sure, its a little outdated, but c'mon it was published in '97, of course it is. Who cares if she calls Roth IRA's "new"; they were. Several reviewers also said she is trying to sell cash value ins., I took the opposite recommendation away from the book. I have also read Orman's The Road to Wealth and I think the books have similar points in a lot of areas. I like both books, but I think JBQ's book has more info in it (just due to the size). Although some info is a little outdated (resources for college), I believe the overall principles in the book to be sound. I agree that if you had followed the advice in the book between 1999-2003, you would have lost a lot of money (as I have), but that's why you hold equities for 10+ years and use other vehicles for shorter term investments. (She also advises NOT putting ALL of your money into equities so that you lose less in down times.)
Again, a little old, but overall good.

Rating: 1 stars
Summary: Archaic and boring
Review: This book may have been written 8 years ago but it is at least 12 years behind the times. Making the Most of Your Money gives whole new meaning to the word--archiac.

And even though I love reading books on personal finance (Goodmans Everyone's Money Money is huge but a joy to read as well as up-to-date), this book was a hard slog probably because I am so articulate about personal finance and had to stop so often to circle all of the mistake int his book.

I usually am perceptive enough to see a scam and hate to admit that I got taken, but I got sucked in by all of the hype about this archaic and very boring book. You got me this time, but never again!

Rating: 1 stars
Summary: Not that good - I was dissappointed
Review: Despite the high flying five start reviews and obviously paid for article in Consumers Report a few months back, I found this book boring and totally lacking in real information. Much is outdated such as the college information, investing and the "new Roth IRA" (Quinn tells the age of this book with that one)and other information such as insurance and pension advice is harmful to your wealth.

I'm taking my copy back for a fullrefund after only three days.

Rating: 4 stars
Summary: Clearly a smear campaign is afoot against this author
Review: Anyone with sense can see that some kind of focused attack against the author is afoot here. I have read Ms. Quinn's book and find it to be excellent in most financial matters. I have purchased it for several members of my family and recommend it to my friends as well. As for her "lack of expertise" in financial matters, give me a break. Ditto her advice on insurance matters. The book does not offer advice. It offers information. You, as the reader, take this information -- as well as information from other sources -- and make reasonable and informed decisions about your financial life. I don't know Ms. Quinn from Adam, but it's clear there's some kind of smear campaign afoot here, and that is highly unfair, as she is a distinguished journalist.

Rating: 1 stars
Summary: Taken by surprise
Review: I bought this book under the false presumption that it was an updated version of the excellent book written by Ray Linder (the original Making the Most of Your Money) but alas found that Quinn had copied the title and written her own version of that popular and excellent book.

My recommendation is that you save the ridiculously high price for this mostly worthless tome and get a copy of the original--the better version of Making the Most of Your Money by Ray Linder. I also recommend Financial Freedom: Seven Secrets to Reduce Financial Worry also by Ray Linder as well as the other Making the Most of Your Money titles that were published pre-Quinn.

I really have very little respect for writers who steal titles from other, knowledgeable authors and confuse the naive with opinions and not facts.

Stay away from this book. Buy Linder's books instead.

Rating: 1 stars
Summary: Why is this book still around?
Review: I bought this tome back in '91. It wasn't a good choice back then and it's an even worse choice now.

Jusdging by the reviews, a lot of people are unhappy with this highly over-rated pablum...and so am I!

But I learned from my experience. After all there is no designation after Quinn's name such as CFP, CLU, JD, CPA or anythingelse. So why should we assume that Quinn has any knowledge about personal finance? But after reading the book, you will know that Quinn has no knowledge about personal finance.

If you tried her college planning advice you undoubtably found a lot of disconnected phone numbers and outdated advice. Remember, this tome was written back in '91 and revised in '97. Even the revised version is over 6 years old.

If you tried her investment advice, you probably lost anywhere from 1/2 to 3/4 of your net worth. But then again, is Quinn really qualified to give investment advice?

If you followed her insurance advice you undoubtably wasted hundreds if not thousands of dollars by being over-insured. But again I ask, what qualifications does Quinn have to give advice on insurance?

Pension and retirement advice? As one CPA wrote "is criminally misleading." Quinn doesn't explain the capital gains taxes you will pay when you sell. Nor does Quinn mention the hidden charges in annuities (another insurance product) that she pushes so heavily.

Real estate advice? Will have you wasting money in "fixer uppers" that are basically cheap, broken down homes that nobodyelse wants because they take so much money to "fix up." Like buying a old, used car because it's cheap and after repairs you could have bought 1-2 new cars.

Quinn's advice was out of sinc back in '91 and obviously hasn't improved much. I saw the "revised" version in my local library and it honestly is not much different from the edition I bought back in '91 (aside from the new Roth IRA's-ha, ha).

My recommendation is to read The Only Money Book You Will Ever Need by Tobias or Personal Finance for Dummies by Tyson. Mr. Tyson has also written an excellent book on how to buy a home called "Mortgages for Dummies" which offers much better advice than what is in this book. Suze Ormans "The Road To Wealth" is also excellent and a far better choice than this over-rated book by Quinn.

In closing, I ask--"Why is this book still around" Hmmm???


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