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Smart strategies for taking control of your money from bestselling author and personal finance expert Terry Savage—the new, fully updated third edition.

The Savage Truths on Money are time-tested, but new technologies and techniques make it easier and more profitable to make your money work for you! Now, financial success can be achieved simply and automatically through new apps, tools, and access to low-cost money management tools and advice. Living in financial security—not constantly worrying about education costs, medical bills, or having enough money saved for retirement—is within anyone’s reach. 

In this new edition of The Savage Truth on Money, author Terry Savage shares the time-tested truths of financial security, guides you on redirecting your finances, and helps you create a financial plan for your future—using all the resources of technology, the best people in the financial planning industry, and your own informed judgment. This must-have resource is a roadmap for navigating today’s economic reality on the way to your best possible financial future. This invaluable guide will help you:

  • Take responsibility for your own financial future, using technology to improve your financial decision-making  
  • Control your spending and deal with debt, protect your assets, and grow your savings
  • Learn the basic truths about money, markets, and human emotions—and how to use that knowledge to your advantage
  • Find financial advisors you can trust—fiduciaries who will put your interests first, and save you money on costs
  • Make a realistic plan for college without being buried in debt—and deal with existing student loans
  • Create—and reach—retirement goals that allow you to enjoy your financial success

Whether you're just starting out and unsure of your next steps, or you’re worried about how you'll manage your investments and plan your retirement, the third edition of The Savage Truth on Money is your one-stop guide for taking control of your finances today and reaping the benefits tomorrow.

Table of Contents

  1. Cover
  2. Preface
  3. Chapter 1 The Savage Truth on Getting RichFinancial Security Demands Smart Choices
    1. The Savage Truth on Your Relationship With Money
    2. The Savage Truth on the Consequences of Choices
    3. The Savage Truth on Goals and Choices
  4. Chapter 2 The Savage Truth on Money and TechnologyKnowledge Is Power
    1. Incorporating tech into personal finances
    2. Getting started: Online Banking
    3. Money Management Software & Apps
    4. The Challenge: Getting Started
  5. Chapter 3 The Savage Truth on Spending and DebtYou Can Control Your Cash Flow
    1. The Savage Truth on Spending
    2. The Savage Truth on Using Credit and Debt Wisely
    3. The Savage Truth on Getting Out of Debt
    4. The Savage Truth on Credit Reports and Scores
  6. Chapter 4 The Savage Truth on Chicken MoneyNest Eggs Need Some Safety
    1. Bulls, Bears, and Chickens
    2. Chicken Money Choices
    3. Savage Truth on Bond Dangers
  7. Chapter 5 The Savage Truth On Financial AdviceNot All “Advisors” are on Your Side
    1. You Need a Fiduciary Advisor
    2. Finding a Fiduciary Advisor
    3. The Savage Truth on the Cost of Advice
    4. The Savage Truth on Deciding What Planning Help You Need
    5. The Savage Truth on “Robo” Advice
    6. Special Needs—Special Advice
    7. Financial Planning: Now What?
  8. Chapter 6 The Savage Truth On The Stock MarketIt’s Less Risky Than You Think
    1. The Savage Truth on Stock Market Risk
    2. The Savage Truth on Stock Picking
    3. The Savage Truth on Market Behavior—and Yours!
    4. The Savage Truth on the Psychology of Investing
    5. The Savage Truth on Bulls, Bears, and Bubbles
    6. A Final Thought: Take Stock
  9. Chapter 7 The Savage Truth on Investment ChoicesGetting Started Is Easy
    1. Starting Small with Stocks
    2. First Step: Opening Your Account
    3. Traditional Stock Brokers
    4. Investing the Easy Way: Mutual Funds
    5. Index Funds
    6. Do Managed Funds Beat the Market?
    7. Specially Managed Funds
    8. Exchange-Traded Funds (ETFs)
    9. Socially Responsible Investing
    10. Options
    11. Real Estate Investment Trusts
    12. Futures
    13. Hedging the Dollar with Foreign Currencies
    14. Gold
    15. Crypto-currencies and Blockchain
    16. Just Get Started!
  10. Chapter 8 The Savage Truth on Investing for RetirementThe Sooner the Better—But It’s Never Too Late
    1. Getting Started on Saving for Retirement
    2. Your 401(k) is the Easy Way
    3. The Savage Truth on IRAs
    4. The Savage Truth on Small Business Retirement Plans
    5. Retirement Plan Protection
  11. Chapter 9 The Savage Truth on AnnuitiesRisks and Rewards
    1. Immediate Annuities
    2. Variable Annuities
    3. Fixed Index Annuities
  12. Chapter 10 The Savage Truth on Life, Health, and Disability InsuranceDon’t Wait until It’s Too Late
    1. Life Insurance: Against the Odds
    2. The Savage Truth on Term Life Insurance
    3. The Savage Truth on Cash Value Life Insurance
    4. The Savage Truth on Health and Disability Insurance
  13. Chapter 11 The Savage Truth on Protecting Your AssetsYour Home, Your Auto, Your Wealth
    1. The Savage Truth on Homeowners Insurance
    2. The Savage Truth on Auto Insurance
    3. The Savage Truth on Asset Protection
    4. Insurance Needs Checklist
  14. Chapter 12 The Savage Truth on Paying for CollegeA Burden and a Blessing
    1. The Savage Truth on Student Loan Repayment
    2. The Savage Truth on Getting Money for College
    3. The Savage Truth on Student Loans
    4. The Savage Truth on Finding Free Money
    5. Best Ways to Save for College
    6. A Savage Truth Reminder: Time Is Money
    7. For Parents of Young Children:
    8. For Parents of High Schoolers:
    9. For Recent Grads:
    10. Best Resources:
  15. Chapter 13 The Savage Truth On Getting To—And Through—RetirementTime to Withdraw
    1. The Savage Truth: How Much Money Will I Need?
    2. Your Retirement Balance Sheet
    3. Streams of Retirement Income
    4. Streams of Retirement Income
    5. The Bottom Line on Retirement Planning
  16. Chapter 14 The Savage Truth On Social Security, Medicare, and Aging AloneGetting It Right Is Essential
    1. The Savage Truth on Social Security
    2. The Savage Truth on Medicare
    3. The Savage Truth on Aging Alone
  17. Chapter 15 The Savage Truth On long-Term care InsuranceInsure Your Retirement Lifestyle
    1. Timing is Everything
    2. Understanding Long-Term Care Insurance
    3. Living Without Long-Term Care Insurance
  18. Chapter 16 The Savage Truth on Estate PlanningIt Pays to Plan While You Can
    1. Why Everyone Needs an Estate Plan
    2. The Savage Truth on Revocable Living Trusts
    3. The Savage Truth on Estate Planning and Life Insurance
    4. Spouses and Estates
    5. The Savage Truth on Charitable Giving
    6. The Savage Truth on Planning for Health and Wealth
  19. Conclusion … and Beginning
  20. Acknowledgments
  21. Index
  22. End User License Agreement
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