Summary of The Index Card

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Rating

9 Overall

10 Applicability

7 Innovation

10 Style

Recommendation

Financial columnist Helaine Olen and professor Harold Pollack boil down personal financial planning to a set of 10 clear rules that would fit on an index card. They illustrate these rules with personal stories, explanations and definitions. Their examples blend research with common sense and direct experience. The result is extremely useful, though some of the book’s advice is specific to the United States. While never giving investment advice, getAbstract recommends this dandy little manual to anyone seeking sound financial management tools.

In this summary, you will learn

  • What makes financial planning difficult,
  • How you can make a simple index card into a powerful financial planning tool,
  • Why you must take control of your finances and
  • What 10 prudent steps you can take to manage your money effectively.
 

About the Authors

Author of Pound Foolish Helaine Olen writes The Bills column for Slate. Harold Pollack is the Helen Ross Professor of Social Service Administration at the University of Chicago and a nonresident fellow at the Century Foundation.

 

Summary

Personal Finance Made Simple
Most people don’t handle their finances well. Money management often causes stress. One third of those in relationships argue with their partners about money. About 69% of people don’t balance their checkbooks; many fear outliving their retirement funds. They...

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Comment on this summary

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    Daniel Melendrez 7 months ago
    Good practical advice!
  • Avatar
    Victoria Littlefield 8 months ago
    This isn't going to be news to anyone. If it is, the 10 steps are right there in the summary. No need to buy the book.
  • Avatar
    David Lopez 10 months ago
    Thoughtful Content
  • Avatar
    Chinyere Nwude 10 months ago
    I like this.
  • Avatar
    Ashok Kumar2 10 months ago
    Good Summary

More on this topic

By the same authors

  • Book
     

    Stephanie Losee and Helaine Olen

    Adams Media , 2007

    (7)

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