Only 10 days till Christmas. Have you got your shopping done?
To help you out, I have quizzed staff at the Nova Scotia Securities Commission, as well as our followers on Twitter, for their personal finance book recommendations. These make great stocking stuffers, and offer lessons that last a lifetime.
Our top picks are:
1. The Wealthy Barber, by David Chilton. It’s a Canadian classic. Covers the whole range of personal finance topics in a story format that anyone can understand. A great book for beginners.
2. The New Retirement, by Sherry Cooper. Retirement is changing in Canada, and Sherry Cooper has advice for boomers. The economist draws from studies in psychology and gerontology to offer tips on living the second half of your adult life productively and in good health.
3. The Smart Cookies Guide to Making More Dough, by Andrea Baxter, Angela Self, Katie Dunsworth, Robyn Gunn, and Sandra Hanna. The Smart Cookies are five young Canadian women who formed a “money club” to dig thenmselves out of debt and turn their financial lives around. In this book, the “Cookies” share their stories, offer easy-to-follow steps, and lay out simple plans for meeting any goal, whether it’s eliminating debt, making good investments, becoming a smart spender or saving up for a big-ticket purchase.
Do you have a favourite personal finance book or resource? What should I be putting in my family’s Christmas stockings? Leave a comment below, or retweet this post, and you could win your choice of the books listed. (Draw date Friday, December 18, 2009. Contest open to Canadian residents only.)
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