Member Reviews
A wonderful book. Highly recommended. You will enjoy reading it. Written in a very engaging prose. Nowhere would you feel being stuck or bored. Pick it up if you get a chance. A great personal finance book. Thanks to the author for a review copy.
Overall a disappointing book. Very brief and rather reminds me of a book found in a school library. The kind that never gets taken out.
Pretty dull and dry. I did not find much that I did not already know as a basic consumer. Thanks for the Arc.
Ankur Mithal's Personal Finance Essentials You Always Wanted to Know (Vibrant Publishers 2023) provides a thorough overview of personal finance topics for the novice and others who want to backfill holes in their knowledge. Topics include:
Important Financial Concepts
Budgeting
Banking\Borrowing
Home Ownership
Investing
Insurance
Taxation
Retirement Planning
I'm pretty savvy on many of these topics, but still, Mithal managed to surprise me with a facts I didn't know--
"Fun fact Well-known investor Warren Buffet is understood to have started his investing journey at the age of 11 when he bought 6 shares of Cities Service preferred stock—three each for his sister Doris and himself, at $38 per share, eventually selling them for $40. When asked if he had any regrets about having started out at the age of 11, Buffet’s response was that he wished he had started out earlier, presumably hinting at the time value of money and the opportunity he lost by not having done so."
The book is written in layperson language making it easy to understand and consume. I didn’t have to look up words or memorize ideas to figure out what Mithal was saying. He kept it simple enough that each topic organically grew from prior ones. Chapters are delineated into essential items, key principles, and topics readers should expect to understand by the time they finish the book. Each chapter includes a chapter summary and a quick quiz to review essential topics and remind readers of the important elements. I’m not a fan of quizzes but in this case, it serves the serious student well to confirm their knowledge base for the upcoming chapters.
Overall, this is recommended to those with an interest in money and personal finance who might consider those topics too complicated or over their heads. With this book in hand, they aren't.
I received a complimentary copy from the publisher and all opinions expressed are my own.
This is a personal finance book and ideal for beginners it tackles budgeting, saving and investments, Some of the things written in the book did not relate to me but it was quite an interesting read. The author included templates that made the book quite an interesting read.