Are These Best Selling Personal Finance Books Really Worth Reading?

Source: Thinkstock

Source: Thinkstock

1. Get what’s yours: the secrets to maximizing your social security by Laurence J. Kotlikoff, Philip Moeller and Paul Solman

Best Sellers Rank: N ° 2 for the week of March 29, 2015

What it is: Exactly what the title says – a guide to navigating the 2,728 different rules of the social security system, written by a professor of economics at Boston University and two financial journalists.

What the experts say: “The writing is rich in detail but clear enough for even the most intimidated reader, with a concluding cheat sheet usefully summarizing the book’s suggestions. The authors’ palpable fervor in helping readers get back what they paid for will stimulate readers to claim what is rightfully theirs ”, says Publisher’s Weekly.

What readers are saying: A Goodreads reviewer said the book had succeeded in doing “a dry, intimidating subject, both lively and understandable“While another said it was not very useful as a guide as the information was”presented in a very dispersed manner, which makes it difficult to follow up. “

Verdict: Probably not the most compelling read, but useful for those preparing to claim Social Security benefits.


2. Rich Bitch: A Simple 12 Step Plan To Put Your Life Together… Finally by Nicole Lapin

Best Sellers Rank: N ° 10 for the week of March 15, 2015

What it is: Clear financial advice for women from former CNN and CNBC presenter Nicole Lapin with a focus on why you should invest in yourself rather than stressing out to buy that morning latte.

What the experts say: “Money guru and financial journalist Nicole Lapin has written a practical and easy-to-read 12-step guide to financial planning. Nicole presents realistic financial goals without shaming the reader, ”wrote Kim Clark in Poli.

What readers are saying: “I have no background in finance and a very limited understanding of it… This is the first book I read where I left feeling like I learned something and know what to do when I pose the book,” wrote a Goodreads review.

Verdict: Great for people who need a crash course in money management and don’t mind an irreverent tone.

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