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To: Yaelle

Some years ago when mrs abb & I began planning all the things you are contemplating, I tried to read anything and everything I could on personal finance. I figured I had to learn it for myself, because it was our money. Subscribed to Money magazine & Changing Times, bought several books from Business Book Club and read them all.

This was in the days before the internet came along - late 80s and early 90s.

Out of all of it, I would recommend regular reading of Kiplinger’s Personal Finance Magazine (formerly Changing Times). Down to earth, written in a plain fashion, and time-tested advice.

Most of their stuff is online, if you want to save the subscription cost.

One other thing that has been invaluable to us is a detailed budget. ALL income and ALL expenses documented and put in a spreadsheet. That way, we could predict with some degree of comfort what future expenses we would face, based on past lifestyle.


148 posted on 06/27/2017 10:40:32 AM PDT by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: abb

Thank, Abb. My dad used to get Changing Times and I know he also read Kiplinger. Good advice.


149 posted on 06/27/2017 11:07:34 AM PDT by Yaelle
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