Personal Finance

Introduction

Introduction > Welcome!

Personal Finance is something we all need to think about and the Library has many resources that can help. If you are curious about how to begin planning a budget, how to find information on purchasing a house or condo, how to invest in the stock market, or planning for retirement, this eGuide is for you. We will cover all the basic knowledge for planning your finances, managing debt, building wealth, investing, and planning for retirement.

"Personal finance" is a term which encompasses many different topics. The definition from Investopedia.com states that personal finance is "the financial decisions and activities of an individual, this could include budgeting, insurance, savings, investing, debt servicing, mortgages and more. Financial planning generally involves analyzing your current financial position and predicting short-term and long-term needs."

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The purpose of this Personal Finance eGuide is to present resources and materials on basic financial planning and also offer greater detail on four specialized topics: debt management, wealth building, investing, and retirement.

If you see a resource that you are interested in, there's no need to stop your reading to look it up or write it down. You can simply add the resource to your Links Basket and can either access them or print them out later once you are finished. There are too many good resources to let one slip, and the Links Basket will keep them all together for you in one place. A wealth of valuable information is waiting for you at the Library, so take a peek and get the information you need.

Books

Personal Finance > Books

To start becoming familiar with personal finance and investing terms, you can find personal finance dictionaries and handbooks in the 332.03 - 332.678 call number range.

The Library's print collection contains many titles suited for those just beginning to look into personal finances.

The Wall Street Journal: Complete Personal Finance Guidebook is a basic guide to learning about personal finance, money management, banking, insurance, and several other topics.

Financial counselor Eric Tyson's book, Personal Finance for Dummies, is also available abridged on CD book. This title covers retirement accounts, debt management, financial health, retirement planning, budgeting, and how to reduce spending, among other topics.

The Wall Street Journal Guide to Understanding Personal Finance has many facts about credit scoring, college savings plans, and taxes.

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The Library also has personal finance books for specific audiences. For example:

Personal Finance for Seniors for Dummies is a good resource for baby boomers and retirees who are looking for information on budgeting for retirement, investing, protecting wealth, making wills and trusts, and more.

The Everything Guide to Personal Finance for Single Mothers:
A Step-By-Step Plan for Achieving Financial Independence
entails how to set up a financial plan for single mothers with information on banking, investing, goals, and assessing debt.

Money Without Matrimony: The Unmarried Couples' Guide to Financial Security contains information about financial planning (taxes, estate planning, insurance, etc.) for unmarried couples.

Clark Smart Parents, Clark Smart Kids: Teaching Kids of Every Age the Value of Money is a guide for parents of children of all ages which can be used to teach the basics of financial responsibility, including advice on allowances, credit cards, saving for college, buying a first car, and staying out of debt.

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The Standard & Poor's Guide To Personal Finance is an excellent guide to making the right decisions on most personal finance issues. This book uses real-world examples and covers everything from credit cards, insurance and investing for retirement and college.

Get advice on assessing the state of your finances, getting out of debt, managing your retirement assets, taking advantage of tax deductions, and using technology to make it all easier to handle with Money Girl's Smart Moves to Grow Rich.

In The Smartest Money Book You'll Ever Read, Dan Solin dispenses advice on topics such as buying a home, buying insurance, managing debt, adding to your savings, and retiring when you wish.

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View additional book titles on personal finance.

The Library also has downloadable audiobooks and DVDs on the topic of personal finance.

The Learn Personal Finance DVD teaches seven steps to gaining control of your financial future: dreaming, setting goals, financial planning, budgeting, saving, investing and portfolio/strategy review.

The Economics for Children: Saving, Spending, & Investing Money DVD shows kids the history of money and its use through saving, spending, earning, and investing.

Virtual

Personal Finance > Online Databases

Connect to General OneFile and do a basic subject search for personal finance to find thousands of articles from popular magazines, academic journals, reference books, and more.

Personal Finance > World Wide Web

The Personal Finance section of the Dow Jones' MarketWatch site features articles about personal finance, current rates for loans and savings, and much more.

With daily news articles about all aspects of personal finance from CNN and Money Magazine, CNNMoney.com also includes a link to Money 101, a guide for personal finance.

Yahoo! Personal Finance includes how-to guides and financial calculators.

Let Motley Fool: Personal Finance tell you the smart way to take care of your finances. This site has basic and advanced topics on everything from your 401(k) to insurance to college savings plans. In addition, there are several calculators to help answer questions like, "What will it take to become a millionaire?"