My New Book — Hits Stores Today

After months of anticipation, Navigating the Financial Blogosphere: How to Benefit from Free Information on the Internet hits stores today. And now, my era of shameless self-promotion shall begin! You can find the book online at Amazon.com or in Barnes & Noble and Borders bookstores. Please do pick up a copy and explore this project which I’ve worked so hard on! Inside I will point you towards various informational outlets on the web which can help you tackle personal finance and better understand a variety of issues regarding money. The chapters, which are based on questions I received from actual readers, include:

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Who Really Follows a Budget?

I had a client come in last week to create a budget. As usual, I pulled out my template which attempts to capture all of one’s income and expenses for a given month. The budget worksheet we use at my firm is very detailed and includes all household expenses, funds which get earmarked for savings and investments, transportation costs, insurance premiums, etc. My most common experience when creating budgets has been that more money exists than one realizes. On paper, it seems near impossible that a shortfall could exist. It’s the casual discussion afterwards when the “oh yes, I’m addicted to downloading music” and “I needed those sunglasses” comments come out.

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