The Truth about Money

The Truth about Money by Ric Edelman, published by Georgetown University Press in 1996, is a comprehensive guide that addresses essential aspects of financial planning. This first edition spans 590 pages and is presented in English. The book tackles a variety of topics, including debt management, investment options like annuities and index funds, and the importance of selecting a financial adviser, providing readers with practical insights into personal finance.
In this revised edition, Edelman introduces an updated section on tax laws and offers guidance on Roth IRAs, alongside advice on lending money to family members. The book also features a 130-question quiz designed to assess financial planning knowledge. Covering a wide range of subjects within business and economics, The Truth About Money aims to simplify complex financial concepts, making them accessible to readers seeking to enhance their understanding of personal finance.
Official synopsis Publisher
What is financial planning and why do you need it? How can you get out of debt? What are annuities or index funds? Do you really need all that insurance? How do you choose a financial adviser? Answering all of these questions-and more-The Truth About Money is back and better than ever. In this revised edition, Ric Edelman explains the new tax laws in an all-new section on taxes, gives the rundown on Roth IRAs, explains the dos and don’ts of lending money to family members, and offers a 130-question quiz that tests your financial planning knowledge. From maximizing a financial portfolio to planning for college, The Truth About Money covers the entire spectrum of personal finance-in plain English.
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