Bill Griffeth's 10 Steps to Financial Prosperity

An award-winning CNBC anchor and respected financial expert condenses strategies that are sure to provide wealth for years to come into 10 crucial steps that can help readers achieve a secure financial future.

Griffeth, a financial journalist with CNBC, cites several reasons why we must take steps to ensure our financial prosperity: people are not saving enough, Social Security's future looks shaky after 2011, and almost half of American households have no pension coverage. He defines financial prosperity as being in control of one's money. The steps include the usual sensible ones: save money, buy a house, invest in mutual funds ("the perfect investment. Period."), control debt, buy life/health/disability insurance, and so on. What sets this nonjargony book apart is the free diskette (unavailable for review), which promises to guide the reader to managing personal income and expenses and also shows how to write one's will. However, because it offers nothing especially new or timely, this book is a discretionary purchase.
Alex Wenner, Indiana Univ. Libs., Bloomington
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