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Good book about managing your money in USA !?

Hey guys, I have recently relocated to USA and I am looking for a good book to help me figure out how to best manage my money. What I mean by that is, I've heard from friends about how you can easily get yourself into bad credit if you don't know what you are doing. I've also heard that there are various ways to earn more points for your credit, so it can grow faster.

All this is alien technology for me so I'd like a guide for dummies like book.

Regards,

Cezar

15 Answers

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  • ktrb
    Lv 6
    1 decade ago
    Favorite Answer

    You could start with "Personal Finance for Dummies," or books by Suze Orman, Dave Ramsey, Larry Winget, and so on.

  • Anonymous
    1 decade ago

    A few simple rules that nobody follows:

    Make a written budget, so that all of next month's money is spent on paper this month.

    Avoid credit cards. People go broke from paying for the same stuff twice (once with the card, and again with the interest and fees)

    If you're looking to buy a house, there are only two good ways to do it:

    1) cash, if you're rich

    2) "fixed rate, 15-year mortgage", or

    3) get scammed.

  • Anonymous
    1 decade ago

    The True Cost of Happiness: The Real Story Behind Managing Your Money SuburbanSkyShopping.com

  • 1 decade ago

    I would suggest "The Automatic Millionaire" and/or "The Millionaire Next Door".

    Also check out books like "The Little book of common sense Investing"

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  • 1 decade ago

    Liz Pulliam Weston, a columnist for MSN Money, has a couple of really good books out on both budgetting and managing your credit score. Check her out!

  • Anonymous
    1 decade ago

    Get a copy of the Internal Revenue Code. It's a very thick volume, about 65,000 pages, but the essential theme of the book is simple:

    (1) How much money did you make last year?

    (2) Send it in.

  • Anonymous
    1 decade ago

    personal finance for dummies will explain it all.

    from my own experience, get a debit account with a minimum balance, pay the overdraft fee and learn to balance that account. peace!

  • 1 decade ago

    OK, here it is. Daniel R. Solin has written the definitive Investment book. "The Smartest Investment Book You'll Ever Read". "The simple, stress free way to reach your investment goals. Get it, read it, and throw away all the complicated stuff. Ron

  • 1 decade ago

    Dave Ramsey is amazing check out his site. just go to google and type in his name

  • 1 decade ago

    i like Clack Howards books

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