Financial Literacy. Simplified.
Dan Otter, Ph.D.
This book is available for download with iBooks on your Mac or iOS device. Multi-touch books can be read with iBooks on your Mac or iOS device. Books with interactive features may work best on an iOS device. iBooks on your Mac requires OS X 10.9 or later.
Dan Otter, author of Teach and Retire Rich, explains simple financial
literacy concepts simply. This approachable guide to financial literacy
includes: psychological factors that influence behavior toward money, time
value of money, credit card vs. debt card, basic financial terms, strategies
for saving, 401(k), 403(b), Roth IRA, and a look at the author's approach to
money management. Not only does Dan detail core financial literacy concepts,
he explains how the debt industry (or as he calls them: the Financial Mafia)
tries to hook us on debt. Citibank recently mailed 346 million credit card
offers. That¹s more credit card offers than Americans! No wonder so many of
us are drowning in debt.
> Note: This book was previously titled Financial Literacy for the Young (And the Young at Heart).
Wit & Wisdom on a Serious Topic
Reading about personal finance can be agonizing, but Dan Otter transcends the boredom and makes it fun (and funny). With a wit that balances sarcasm and activism with gentle shoves and positive reinforcement - you come away optimistic.
At the end of this quick read you don't feel stupid about yourself, you feel like there is a path out of financial bondage.
This book won't give you the minute details that other books do, instead it focuses on getting you to change your behavior in a few broad strokes.
Don't want to be spend 3 or 4 weeks reading a book on personal finance, but want to be informed - READ THIS BOOK.
Scott Dauenhauer CFP, MSFP, AIF
A very quick read, to the point with enough information to arm anyone tasked with understanding their investment options. I related to the content immediately with shared experiences of the author. It's nice to know that someone else admits to not understanding the Media money reports, has made both credit card and investment mistakes, and is willing to help others by sharing these personal experiences.
I enjoyed the flexibility of of the iPad application and the validation the quizzes provided at the end of each chapter. I plan to share this book with my 19-year old son and our 12 year-old grandson.
Personal finance primer
Fun, quick read on a topic that usually loses my interest due to the dry style many financial experts use. Dan's personal stories bring humor to difficult topics and helps you realize that the mistakes we make are not unique.
The book is a great review of basic financial planning in an accessible style. This is a must read for college grads or those just starting out and will certainly help me start the financial literacy discussion with my kids.