Summary of Financial Fresh Start

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Rating

7 Overall

8 Applicability

5 Innovation

6 Style


Recommendation

In the aftermath of the 2008 recession, many Americans had to try to climb out of a financial hole. In her informative manual for US consumers, financial expert Shari Olefson provides useful advice on how people in financial trouble can find a fresh start. The book might benefit from stiffer proofreading in spots and Olefson’s tips can be obvious – don’t spend, protect your investments, and so on. However, she’s only laying a foundation. Once that’s established, she does a good job of communicating worthwhile information, including how new financial regulations affect consumers. getAbstract recommends her counsel to those seeking to clear up their financial lives.

In this summary, you will learn

  • How the 2008 economic collapse affected many Americans’ financial health,
  • What five steps you can follow to achieve a new financial beginning and
  • How today’s economy offers opportunities for a fresh start.
 

About the Author

Lawyer, mediator and journalist Shari Olefson also wrote Foreclosure Nation: Mortgaging the American Dream.

 

Summary

“Financial Armageddon”
In the past, most people didn’t openly discuss their personal financial situations. Polite conversation didn’t include such matters as going through a home foreclosure or deciding on purpose not to pay an onerous debt. Unfortunately, in recent years, these topics...

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