Cover image for Your money matters : 21 tips for achieving financial security in the 21st century
Title:
Your money matters : 21 tips for achieving financial security in the 21st century
Author:
Pond, Jonathan D.
Personal Author:
Publication Information:
New York : G.P. Putnam's Sons, [1999]

©1999
Physical Description:
xvii, 286 pages ; 24 cm
General Note:
Includes index.
Language:
English
ISBN:
9780399145698
Format :
Book

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HG179 .P5559 1999 Adult Non-Fiction Non-Fiction Area
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Summary

Summary

As host of his PBS series, Your Financial Future with Jonathan Pond, weekly personal-finance commentator on The Nightly Business Report, and host of successful semiannual public-television specials, Jonathan Pond is turned to by millions for financial advice.Now, Pond sets his financial sights on the challenges of the 21st century. Concise, memorable, and pithy, his new book dispenses the sort of revelatory yet commonsensical advice that has made him a fixture on TV and the lecture circuit. Reducing complicated financial matters to fundamental concepts everyone can understand, Pond delivers his financial lessons in brief, easy-to-digest chapters. These short takes are balanced with a cross-referenced web site, www.JonathanPond.com, which provides readers with in-depth information.Unlike Pond's previous books, this exciting new one will be launched with a two-hour nationally broadcast, prime-time PBS special. Scheduled to air in 175 markets, the eponymous special will focus on the book and will be rebroadcast in every market.Your Money Matters breaks new ground by taking a human look at meeting life's financial challenges. Pond's tips present important lessons essential to achieving financial peace of mind and new ideas for prospering in the new century.


Reviews 1

Library Journal Review

Take a lesson in personal finance from Pond, host of PBS's Your Financial Future with Jonathan Pond. And look for a PBS special to launch the book. (c) Copyright 2010. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.


Excerpts

Excerpts

Introduction The New Century holds a lot of promise-for working-age people striving to achieve financial security, for retirees wanting to make their golden years truly golden, and for younger generations who are entering an era of unprecedented economic opportunity. Your Money Matters focuses on the most important financial matters that you'll need to attend to in the 21st century. Each of the 21 chapters that follow provides you with suggestions for meeting the challenges and taking advantage of the opportunities of the 21st century. Along the way, I hope you'll be entertained as well as informed. Who says money has to be serious? If you look back on some of the things you've done with money in the past, you've got to be amused. No matter what your age, income, wealth (or lack of wealth), and financial know-how might be, Your Money Matters contains a lot of useful guidance. It doesn't waste your time with boring technical details. Rather, it gives you sound advice that you can understand and, more important, put into action to improve your financial future. It also offers a healthy dose of humor, because money-particularly our relationship with money-really is quite amusing. The New Century offers unprecedented opportunities for you to enhance your life. Medical advances will improve the quality of life and begin to slow the rise in medical-care costs that have become such a large item in the family budget. Technology will make our lives easier and more productive. The Internet will make information readily available for virtually limitless pursuits, including information that will help you improve your financial future. 21 Questions No matter what your current financial situation (or predicament) might be, you will find a lot of useful, sensible guidance in this book. To give you an idea of the areas that it covers, I have included below 21 questions that I am frequently asked by audiences across the country. If you need help on any of them right away, simply go to the page indicated. 1. Technology stocks, particularly Internet stocks, have taken off. Is it too late to invest in this area? 2. We're saving for our children's education. I've been hearing about a new tuition savings program that sounds like a great way to invest for college and save on taxes at the same time. What is it? 3. A lot of people are saying that there will be no Social Security when baby boomers retire. What's your opinion? 4. The Roth IRA sounds like a great thing, but I don't understand it. 5. I love to trade stocks on the Internet, and I save a lot of money to boot. I'm almost afraid to ask your opinion about trading on the Internet. 6. Why should I make extra payments against my mortgage when I can earn more by investing the money instead? 7. Index funds have been doing very well lately. Should I invest in them even though they never beat the indexes? 8. There are so many different retirement plans. Which are best? 9. One of my mutual funds lost money last year when the stock market was up. Should I sell it? 10. Do deferred annuities make sense for a retiree? 11. I've heard that investment allocation doesn't matter anymore. Should I just put all my money into big-cap U.S. growth stocks? 12. How can I teach my children to be more responsible about money? 13. My stocks and stock funds are way up. It can't go on like this forever. Should I get out of stocks before they drop? 14. I'm about to retire. How much can I safely withdraw from my retirement funds and not have to worry about running out of money? 15. What are "tax-efficient" investments, and should I be investing in them? 16. How much can I transfer to my children without having to pay any estate taxes? Is there anything I should be doing now to reduce my estate? 17. In planning my future, is it safe to assume that stocks will continue to grow at a 12 to 15 percent annual rate? 18. Should I get long-term care insurance? 19. How can I give cash gifts to my children (to whittle down my estate) without spoiling them? 20. Some of my friends are either borrowing on margin or taking out home equity loans to increase their investments. Is this a sensible thing to do? 21. Which industries are likely to do best over the next decade? I wrote Your Money Matters because your money does matter a great deal. By following the suggestions in this book, I hope you will begin the New Century with the confidence of knowing that you're always making progress in your financial life and that you'll be able to achieve your financial dreams. Copyright © 1999 Jonathan Pond. All rights reserved.