The best financial planner Michelle Singletary ever knew was Big Mama, her grandmother. Big Mama raised Michelle and her four brothers and sisters on a salary that never reached more than $13, 000 a year. Yet at her death, Big Mama owned her own home, had paid off a car loan, and had a beautiful collection of Sunday-go-to-meeting church hats and a savings account that supplemented her Social Security check and small pension. Most important, she had taught Michelle a7 Money Mantras for a Richer Life.a Those mantras serve as the inspiration for this straight-talking book of practical personal financial advice that really works. The 7 Money Mantras are: 1. If ita s on your ass, itas not an asset! 2. Is this a need or is it a want? 3. Sweat the small stuff. 4. Cash is better than credit. 5. Keep it simple. 6. Priorities lead to prosperity. 7. Enough is enough. Michelle Singletary is a syndicated columnist for The Washington Post whose popular personal finance column appears in more than 120 newspapers. Sheas also a mother of three children who understands what itas like to live on a budget. In a plainspoken, sassy, no-nonsense voice, Michelle provides answers to the financial issues that confront almost every household: how to teach children the value of money; how to address money issues in a relationship or marriage; household saving tips; getting the best loans; and much more. aThis book is about saving enough money to have choices, a she writes. aItas about feeling free to be cheap if you canat afford to buy a ton of gifts at Christmas. Itas about eliminating wasteful spend-ing so you can begin to save and invest. Itas full of uncommon commonsense lessons and guidance on the way people should use their money.a With humor and down-home financial wisdom, Michelle Singletary offers practical and realistic advice that will help you live well with the money you have. Michelle Singletary on . . . Romance and Money aItas okay to say: aHoney, I love you and everything, but if you need money, ask your mama.aa Credit Cards aWe are minimizing our financial potential by making minimum credit-card payments.a Car Buying aIf you want to save money, keep your car until youare on a first-name basis with the local tow-truck drivers.a Leasing a Car aYou, too, can drive a car you canat afford and then have to give it back. Itas crazy.a Gift Giving aGenerosity isnat about how much you spend. Itas about how much thought you put into the gift.a Penny Pinching aI once bought a stick-shift car because it was $1, 000 cheaper than the automatic in the same model. There was just one little problem. I couldnat drive a stick-shift. But at least I saved $1, 000!a From the Trade Paperback edition.To check for a history of safety recalls on a vehicle, Consumer Reports recommends calling (800) 424-9393 or going to www.nhtsa.dot.gov. ... number, or VIN, to detect such problems as a rolled-back odometer, previous use as a fleet or police car, or a major accident in its history. ... I picked the 1996 Toyota Camry LE.
|Title||:||Spend Well, Live Rich (previously published as 7 Money Mantras for a Richer Life)|
|Publisher||:||Ballantine Books - 2004-12-28|