Review:
It all started as a financial-help segment on the Today show. Which prompted 54,000 letters. Which then resulted in Ginger Applegarth's The Money Diet. Applegarth, who has practiced financial planning for more than 20 years and leads a prominent Boston-based financial and investment firm, believes that the "processes of financial planning and dieting are almost identical." Both require an honest assessment of the present, a realistic goal for what you want to become, and a plan for getting there. At the heart of Applegarth's program for financial wellness are her "Willpower Worksheets," tools designed to help determine your net worth, monitor your spending habits, set financial goals, determine your insurance needs, select investment plans, and buy a house. The Money Diet is an upbeat and well-rounded guide to managing money that should benefit almost all people, especially those trying to get their money habits under control.
From Library Journal:
Applegarth, a personal finance correspondent for the Today Show, has written an outstanding book on personal finance. It outlines ways we can reach our financial goals by cutting what we spend much in the way we should cut back on what we eat. Applegarth uses the diet analogy well in telling how we can reach our financial goals by determining our net worth, cutting expenses, reducing debt, and saving more. She talks about financial goals such as retirement, children's education, buying a home, and buying big-ticket items such as a car. Her book's greatest strength is the material on controlling one's spending by tracking and reviewing where the money goes. Both the diet analogy and the use of easy-to-read and-use worksheets make this guide especially user-friendly. Recommended for public libraries.
Joel Jones, Jefferson Cty. P.L., Arvada, Col.
Copyright 1995 Reed Business Information, Inc.
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