Great book. Simply written. Bach gives basic knowledge on how to trim spending, increasesavings, and plan for retirement. This book lays it out in simple and plain English. This book is great for people who are just begining to get a grip on their finances, or for those who know nothing about personal finance.
Simple concepts identified and explained in text...
To win financially, first you must live on less than you make, and pay yourself first (DUH). Author recommends that you automate your savings/retirement, bill pay, direct deposit, automatic transfers, etc... that make managing your money simple / easy / effortless/ un-noticed / painless. The "tortoise" approach works - especially if you start this kind of system when young!
I prefer a more direct and controlled hands-on management of my monies - ala Dave Ramsey.