I admit it I am not very intelligent when it comes to political issues and retirement. To keep myself up-to-date, I do try to watch the news, but mainly I read. I love to read personal finance books that are for the everyday Joe as I am always looking for tips and ideas. I may have to re-read a few pages and sometimes I admit I get lost, but I do like to try out personal finance books.
America, Welcome to the Poorhouse: What You Must Do to Protect Your Financial Future and the Reform We Need by Jane White is a book that deals with ways to protect your future by offering current problems and solutions. Now the book offers White’s opinions on how to fix issues, which may or may not work and be something I agree with, but I enjoyed how she spoke up. Too many times people keep ideas to themselves and it always helps to put your thoughts out there and have others work together to build upon them.
According to a CNN Opinion Research poll, only 39% of respondents felt they would be able to continue their current quality of life, 50% were confident they would be continue to be able pay their mortgages, 24% felt they would be able to send their children to college and only 22% had saved enough for retirement. Now I don’t know about you, but those figures scare me. I know college and retirement are a long ways off, but really they are things my husband and I should be thinking about. Now this book does not offer personal plans, as much as it is a “We need to do this” and “The government needs to fix this.” It was still an interesting read and brought up some good ideas. She also references personal experiences in the book.
Through the following topics of Empty Nest Eggs, Unaffordable Homes, Overpriced Colleges, and Credit-Card Debt, White uses current issues to explain how we are as a society are in trouble. I wish the book covered more or offered actual ways to survive day-to-day bills, but for the purpose of trying to wake up America, I think it did its job. Overall, I would recommend it for someone interested in any of those four topics.
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GIVEAWAY: One winner will receive the book “America, Welcome to the Poorhouse“
Mama’s Money Savers Disclaimer: I was given this book to review. This review is 100% my opinion and has not been edited or reviewed by anyone. I was not compensated in any other way for this product review.
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