ECONOMICS

What To Do with Your Money When Crisis Hits: A Survival Guide

Houghton Harcourt. May 2021. 224p. ISBN 9780358572107. $24. BUS
COPY ISBN
Among the many “get your financial life in shape” books out there (recent examples include Tiffany Aliche’s Get Good with Money and Naseema McElroy’s Smart Money), this one stands out for its forthright advice, aimed at true hardship situations. In the introduction, Singletary (personal finance writer, Washington Post) describes her book as a collection of frequently asked questions, gathered during her many years as a financial coach and columnist. It is indeed made up almost entirely of questions posed and answered, organized into seven sections that address weathering unemployment, learning from past financial mistakes, determining priorities among financial commitments, saving versus investing, pros and cons of entering the gig economy, making quick money by selling possessions online, and avoiding financial scams. Singletary packs a lot into 200 pages (including a robust list of resources for further development across many categories), and she does not sugarcoat her advice. The format is simple, but this book makes clear that there are no quick-fix solutions.
VERDICT No-nonsense advice for situations where the need is great. Will be welcomed by the financially stressed, as well as those looking to lessen the impact of future lean financial times.
Comment Policy:
  • Be respectful, and do not attack the author, people mentioned in the article, or other commenters. Take on the idea, not the messenger.
  • Don't use obscene, profane, or vulgar language.
  • Stay on point. Comments that stray from the topic at hand may be deleted.
  • Comments may be republished in print, online, or other forms of media.
  • If you see something objectionable, please let us know. Once a comment has been flagged, a staff member will investigate.


RELATED 

ALREADY A SUBSCRIBER?

We are currently offering this content for free. Sign up now to activate your personal profile, where you can save articles for future viewing

ALREADY A SUBSCRIBER?