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book review

Book Reviews

Read The Laws Of Money By Suze Orman

The Laws Of Money, The Lessons Of Life: Keep What You Have and Create What You Deserve by Suze Orman

I just recently finished reading an interesting book by Suze Orman entitled The Laws of Money, The Lessons of Life.  It discusses the five laws of money that we can follow in order to be financially successful in life.

The five laws are as follows:

Law 1: Truth Creates Money, Lies Destroy It

Suze’s first law is very simple.  Don’t lie about your financial situation. Don’t buy what you cannot afford and don’t pretend that you are richer than you are.  Live within or below your means rather than allowing yourself to get into bad debt.  Don’t think that others will not like you if you don’t appear to have a lot of money.  People will like you for who you are and not for what you have.

Law 2: Look At What You Have, Not At What You Had

This second law is about living in the present and not in the past.   There is no use comparing yourself and your money to something that no longer exists.  The past has no power over you unless you give it power.  Be sure to focus on what you have now and work with that so that you can move forward and be successful.  Don’t continue to live with regrets from the past.

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Credit Cards

Credit Card Fees You Need To Be Aware Of

Earn Spend Save: The Savvy Guide To A Richer, Smarter, Debt-Free Life by Kira Vermond

While reading through Earn Spend Save, I came across some great tips on what to watch out for when it comes to credit card fees.  The author emphasizes the importance of understanding what fees you are being charged on your credit card, and she encourages people to be really careful when selecting the right credit card for them.

The fees you to need to be aware of include annual fees, cash advance fees, convenience checks, over-the-limit fees, inactivity fees, and foreign currency conversion fees.

Annual Fees

If you are currently paying an annual fee on your credit card, you may want to consider converting your card to one that is free instead.  However, some cards with fees do have significant perks so make sure it is in your best interest before cancelling your current card.  Right now my husband and I do have a card that we pay for annually as we feel that it’s worth it due to the rewards points we can redeem towards airfare overseas.  However, there are many free rewards cards available these days so it pays to do your research.

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Book Reviews

Smart Couples Finish Rich Book Review

Smart Couples Finish Rich: 9 Steps To Creating A Rich Future For You And Your Partner by David Bach

Smart Couples Finish Rich is a really useful book that you and your spouse can use if you want to improve your financial situation as a team.  The main point is that you don’t have to have a lot of money or education to be successful.  All it takes is two people who are willing to work together at tackling their financial sitution.

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Taxes

Essential Tax Facts – A Great Tax Resource

Essential Tax Facts 2011 Edition: Simple Tips For Preparing Your 2010 Tax Return And Saving Money The Rest Of The Year by Evelyn Jacks

The 2010 tax season is upon us and as such I have decided to check out various tax books from the local library.  I stumbled upon a useful tax book by author Evelyn Jacks titled Essential Tax Facts. It looks like she updates her book every year.  As with every tax book you read, make sure it is relevant for the current tax year as some tax rules are bound to have changed since the previous year.

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