Take Control of Your Money
The first forty percent of this investment guide covers some of the basic information needed by the novice investor: sources and uses of economic information, the different types of financial services, and the varieties of investment vehicles.
The basic principles presented here (maximize liquidity, consolidate assets, know where your money goes, avoid tax shock, and plan for long-term and short-term financial needs) are designed to stress flexibility.
These five rules are then applied to a wide range of circumstances, ranging from single parent to two-income family to couples living together. Much of the advice is directed at those age twenty-five to forty-five; the...
(The entire section is 205 words.)