For someone who has their personal finances in order, this will be a boring and basic book. For someone who is just figuring out how to manage their finances, this is a great book. I read this book when I was feeling weighed down by our finances and debt. This book helped me think systematically about what we were doing with our finances, helped refine a plan to retire all our debt, and convinced me the need to save and invest for the future. Since I read this book, I have read a number of other books about personal finance and investing. While several of these books gave me a deeper understanding of the topics, not have contradicted what I learned in this book. Personal Finance for Dummies has all the advice I would hope a parent would pass onto their children about money. Unfortunately, a lot of parents don't know many of the things found in this book or don't think to teach their children how to effectively manage their money. ( )

Some useful definitions of terms. Their advice can be summed up as "buy index funds".

This is an adequate "starting out" type finance book. If you already have $$ though it isn't that useful. A little to skewed towards starting your own business. ( )

Not many books actually change my daily life, but this one did. Totally revamped the way I look at money and spending it. Perhaps the most valuable thing it taught me was the value of paying off debts, even before investing money; paying off a high interest credit card, for example, is like making an investment with a guaranteed return. Essential reading for anyone interested in improving financial health who has no training and does not know where to start. Detailed, helpful and a fantastic guide. ( )