Rave Reviews for
Simple Money Solutions
There are a few basic rules about how to handle money sensibly.
Unfortunately, many of us have no idea what they are.
Along comes Nancy Lloyd
Her writing is a breeze to read, and she offers
a smorgasbord of ideas to boost your bottom line right away.
She shows practical ways to free up cash
get out of debt and set up an
investment portfolio with just a few dollars a month.
The chapter on
financial decisions during life's milestones - divorce, death of a spouse or
caring for aging parents - is useful to anyone and would resonate with boomers
whose responsibilities straddle several generations.
Her book is particularly apt for those who tend to view financial
planning as just slightly less painful than a root canal.
Lloyd's book is an
excellent starting point.
Looking for a smart, useful book about money and investing? So were
we. [Simple Money Solutions is one
of a few books that takes] on the world of personal finance from a practical
point of view and [has] much to offer both the beginner and the sophisticate.
The former Federal Reserve economist touches all the hot-button issues:
credit-card debt, retirement, mortgages, saving, investing, health care, car
shopping. A terrific seven-page calendar tells you when to focus on taxes, open
an IRA, ask for a raise or join a health club.
If you've ever heard Lloyd's warm and breezy conversations with NPR
"Morning Edition" host, Bob Edwards, about finding the best
credit-card rates or refinancing a mortgage, you know she's in touch with the
concerns of "real" people. Lloyd's
Simple Money Solutions is structured
like a lot of personal-finance guides, with the requisite chapters on debt and
credit, buying a house, estate planning, insurance, and basic investing. What
raises this book above the rabble, however, is Lloyd's attention to subjects
other authors ignore, particularly teaching kids about money. This includes
imparting money values, funding a college education, and protecting teenagers
from the siren call of the credit-card industry. Other
bonuses include advice on what to do if you're laid off, how to reduce your
phone bill, and even how to prevent getting fleeced by health-club membership
contracts. This is a great book for
anyone who wants to clean up his or her financial life.
Straightforward advice on spending and saving comes from financial
journalist Nancy Lloyd in Simple Money Solutions. This user-friendly guide
includes strategies for investing with only a few dollars each month, maximizing
pay and perks, managing finances online and finding bargains on everything from
a health club membership (consider joining a generic gym) to a new home....
She is sometimes billed as "the Martha Stewart of money,"
but the "simple solutions" promised by her title suggest more the
everyday practicality and uncomplicated "do-ability" of "hints
from Heloise." Lloyd's tips and advice fit into 10 broad categories, which
include credit, home buying and mortgages, pay and benefits, family finance, and
retirement. Using real characters to illustrate a wide diversity of specific
topics, she simplifies asking for a raise, setting a child's allowance, placing
an order with an online broker, and researching the used-car market.
There are hundreds of personal finance books out there
one, from a well-known National Public Radio commentator, is a little different.
First of all, the information is organized well. Also,
it's sprinkled with common-sense tips, called "Lloyd's Laws." You
won't have trouble getting through most of it in about three days. And once
you've flipped through it, you can figure out very easily how to personalize the
information to fit your own financial situation.
suggests ways to pinch dollars, not pennies, in credit and bank fees; through
savvy shopping (for cars, health clubs, phone service and more); on insurance
(life, health, auto, disability and long-term care), housing, investments,
education and retirement.
When it comes to money, many personal finance gurus know their stuff.
The problems start when they try to get you to know your
stuff. Nancy Lloyd is a smart and entertaining exception. In
Simple Money Solutions, Lloyd offers
specific, detailed advice in a conversational, easy-to-digest style. The result
is a book of tips that will inspire readers to put workable ideas into practice
and reap the financial rewards
This book will help lift you out of the money
mire, and provide just what its title offers--solutions.
Tom Bradford, co-executive producer,
CBS Morning News
"Lloyd understands the economy and personal- finance issues inside
and out. But what separates her from the ever-growing number of so-called
financial experts is her ability to explain complex financial information in the
most basic terms."