Recent Canadian Personal Finance Books (And A Note About The Small Business Network)
Photo by alexindigo
The Toronto Public Library has hundreds of books on Personal Finance. Here are a few recent Canadian titles:
Retirement's Harsh New Realities is the latest by Gordon Pape.
As the title clearly indicates, Pape is not happy with the current prospects for Canadians looking to retire. Threatened pension plans, low savings rates and an unhelpful tax system are part of what creates the harsh realities he refers to.
But he does offer solutions. He explains how to build your Registered Retirement Savings Plan and discusses Tax Free Savings Accounts. He also has chapters on minimizing taxes and finding financial advisers.
It's Your Money, Honey grew out of a website called GoldenGirlFinance.ca. The website was created by Susan Misner, an investment industry veteran of over 20 years, and her friend, successful entrepreneur and communications consultant Laura Jayne McDonald. They are also the authors of the book.
The website's goal is "to inspire, motivate, engage and support women into taking control of their financial lives and futures. To connect women, to mentor them, and certainly to never underestimate them. And to make it all fun and, dare we say, fashionable".
Sounds good to me!
How Not To Move Back In With Your Parents aims to help people in their late teens, twenties or thirties take charge of their finances. Rob Carrick is personal finance columnist for the Globe and Mail.
The book covers how to afford college or university, student credit cards ("this product can kill you financially, so be careful", he says), handling debt after school, buying a car (or not), weddings, buying a home, saving, budgeting and more.
Personal case studies are included in some chapters. "Nathan" is interviewed in the chapter entitled Buying a Home. He says something that sums up one of the themes of the book: "It's very easy to see what your friends are doing and get caught up in trying to keep up, but remember that you should stay within your means" (p 181).
Take some time to browse the personal finance section of your local Toronto Public Library for more books like this!
Important note: the time for the August 14th Small Business Network session is 6pm. The time stated in the latest What's On publication is incorrect.