Ever wondered what Mutual funds are? Should you invest in FD or MF? What is the point of buying insurance? This book teaches you how to manage your finances. No matter how much you earn (or how little), this book provides a step-by-step guide to managing your expenses.
The simple language and crisp explanation make this book unique. Another factor is that this book targets the Indian audience. I have seen very few personal finance books written with the Indian audience in mind, which often makes the advice given in those books inapplicable.
Since we are talking about non-fiction here, there is not much to say in terms of predictability. However, I can say that the author has done his research. I had not even heard of so many options available in life insurance.
The language is straightforward. The author has taken his time explaining the concepts properly—showing entire calculations to explain why one option is better even if it doesn’t seem so. In that process, he has taught me how to make my own decisions. Through simple basic maths.
The book provides a wealth of knowledge(no pun intended) at a paperback price of 200. I would happily pay for it.
Through the use of relevant examples and calculations, the author drives home his points and ideas. I am someone who finds finance extraordinarily tedious and boring, and to keep someone like me engaged in a topic I don’t like is a feat in itself.
The key highlight is the straightforward language and the examples the author uses to explain his points. I am one of those who do not understand finance at all and find it intimidating. Yet, I was able to learn so much from this book.