The Dumb Things Smart People Do with Their Money: Thirteen Ways to Right Your Financial Wrongs - Hardcover

Jill Schlesinger

Hardcover

ISBN 10: 0525622179 ISBN 13: 9780525622178

Publisher: Ballantine Books Inc., 2019

Synopsis

Why do even the smartest among us make dumb mistakes with our money? Pinpoint your biggest money blind spots and take control of your finances with these tools from CBS News business analyst and host of the nationally syndicated radio show Jill on Money, Jill Schlesinger.

Do you have a "friend" who is super smart, has a great career, holds a graduate degree, has even saved a chunk of money for retirement, but who keeps making the same dumb mistakes when it comes to money? Is this "friend" you?

After decades working as a Wall Street trader, investment adviser, and money expert for CBS, Jill Schlesinger reveals thirteen costly mistakes you're probably making right now with your money without even knowing it. Drawing on heartfelt personal stories (yes, money experts screw up, too), Schlesinger argues that it's not lack of smarts that causes even the brightest, most accomplished people among us to behave like financial dumb-asses, but simple emotional blind spots. When it comes to big important financial decisions, it's so easy to let your heart lead instead of your brain. So if you've made well-intentioned mistakes like saving for college for your kids before your own retirement, or taken on too much risk when you invest, you've come to the right place. And if you've avoided uncomfortable moments such as sitting down to make a will or planning long-term care for an aging parent, this is the book for you. Jill also points out signs that you may be saddling your kids with your own money issues and shows you how to end the cycle.

By breaking bad habits and following Jill's pragmatic and accessible rules for financial management, you can save tens, even hundreds of thousands of dollars, not to mention avoid countless sleepless nights.

Practical, no-nonsense, and often counterintuitive, The Dumb Things Smart People Do with Their Money tells you what you really need to hear about retirement planning, college financing, insurance, real estate, how to save money, and more. It might just be the smartest investment you make all year.

About this title

Review:

"Common sense is not always common, especially when it comes to managing your money. Consider Jill Schlesinger's book your guide to all the things you should know about money but were never taught. After reading it, you'll be smarter, wiser, and maybe even wealthier."--Chris Guillebeau, author of Side Hustle and The $100 Startup

"A must-read, whether you're digging yourself out of a financial hole or stacking up savings for the future, The Dumb Things Smart People Do with Their Money is a personal finance gold mine loaded with smart financial nuggets delivered in Schlesinger's straight-talking, judgment-free style. The book helps you live the life you want, while laughing all the way to the bank--since she's not only wise but also hilarious!"--Beth Kobliner, author of Make Your Kid a Money Genius (Even If You're Not) and Get a Financial Life

"The vast majority of people, including highly sophisticated investors, will recognize one if not several of the thirteen 'dumb things' Jill Schlesinger brilliantly discusses in this engaging and important book. I know I did. Drawing on a highly accomplished career--not just as an astute observer of personal finance but also as a planner and options trader--she arms readers with knowledge and tools to help correct existing financial planning mistakes, as well as avoid potentially costly ones in the future."--Mohamed A. El-Erian, chief economic adviser, Allianz, and author of the New York Times bestsellers When Markets Collide and The Only Game in Town

"Jill Schlesinger is one of the smartest voices in personal finance and money management I know. Ignore her words of wisdom at your financial peril."--Helaine Olen, blogger for The Washington Post and author of Pound Foolish

"We don't talk nearly enough about money, which is odd given its central place in most of our lives. And it's shockingly easy for even smart, accomplished people to get tripped up by bad habits or just plain lack of knowledge about money management. Jill Schlesinger has written an eye-opening, practical, and funny book about how we screw up and how we can get it right. I needed this book ten years ago! I'm glad I have it now."
--Alison Green, author of Ask a Manager

"The Dumb Things Smart People Do with Their Money is a powerful, easy-to-read guide full of commonsense advice."--Booklist

About the Author:

Jill Schlesinger is an Emmy-nominated and Gracie Award-winning business analyst for CBS News, a weekly guest on NPR's Here and Now, and a Certified Financial Planner. She writes a weekly syndicated column, Jill on Money, and serves as the host of the Better Off podcast and the nationally syndicated radio show Jill on Money.

About this edition

• Publisher: Ballantine Books Inc.
• Publication date: 2019
• ISBN 10: 0525622179
• ISBN 13: 9780525622178
• Binding: Hardcover
• Number of pages: 160