IT PAYS TO TALK: How to Have the Essential Conversations with Your Family About Money and Investing
Carrie Schwab-Pomerantz, Charles Schwab, . . Crown Business, $24.95 (400pp) ISBN 978-0-609-61028-2
Schwab-Pomerantz, a registered stockbroker, has teamed up with her dad to share their insights on money, investing and the conversations that need to accompany these. Their focus is on the importance of conducting different life-stage conversations (e.g., how to financially approach being single, getting married, raising children, helping parents), and this well-rounded primer provides one-stop shopping for the many phases of financial understanding and planning. It delivers comprehensive investment particulars with the necessary charts, graphs and illustrative anecdotes. Schwab-Pomerantz often uses her own life as an example, and while she has far more experience with money and investing than the average person, she wears the same personal hats—parent, child, spouse—as readers. To her concise and thorough explanations of family financial planning, father Chuck adds his two cents, e.g., "money is always an issue, even when it doesn't seem like it." Most families, whether balancing a checkbook or investing for retirement, would likely agree. This educational volume provides a useful framework that a family can refer to when approaching those often difficult but necessary conversations about finances.
Reviewed on: 11/11/2002
Genre: Nonfiction
Downloadable Audio - 1 pages - 978-1-4159-5328-0
Paperback - 400 pages - 978-1-4000-4960-8