Comments on: Ernst Young’s Personal Financial Planning Guide Ernst and

By: Nash Black

Nash Black — Wed, 26 May 2010 14:15:12 +0000

Planning for an Uncertain Future
Rating:5 out of 5 stars
When I started teaching financial planning to US Air Force officers planning on reentering the general economy it was a little known subject and you had to scout up your material from pamphlets, magazines and newspapers with help from stockbrokers.

“Ernst & Young’s Personal Financial Planning Guide” published by John Wiley & Sons, which is the same publishing house that publishes the JK Lasser’s tax manual puts the information all in one volume.

Of intense interest to us is the chapter on starting your own business, which as authors we are doing in our senior years. The material is geared to the younger generation who are just starting out, but the advice is sound and easy to understand without an extensive background in accounting and economics.

Financial planning is rough at this period in our history, because of the skyrocketing prices of necessary goods and services not used in the consumer price index, hence they are excluded from inflation percentage calculations. Gasoline, medicines and health care are three I can name, off hand, that affect the general population, but fall outside the index. This phenomena is not addressed in the planning guide, but then Congress has not touched it since the Johnson adminstration either. It is not something that winning the lottery will answer for an individual, but it is like trying to hold a large balloon half-full of water in one-hand and keep it round.

“Personal Financial Planning Guide’ is the best we have found for a realistic look at all aspects of financial planning. The table of contents and index are outstanding for locating information.

Nash Black, author of “Taxes, Stumbling Blocks & Pitfalls for Authors 2007.”

By: JJ

JJ — Sat, 13 Mar 2010 12:59:34 +0000

INDISPENSABLE!!
Rating:5 out of 5 stars
Absolutely one of the best financial planning reference tools around! If your personally planning to restructure your financial life or hire a professional to do it for you, then this book is a must have. It provides a wealth of information as well as an extensive array of guidelines and tips for every area of your life . I especially like that it brings to light concerns of areas you may not be immediately affected by (aging parents) but should be planning for now. Having hired a professional, this book has proved Indispensable in that we have been able to knowingly select and plan individual or particular methods of approach towards our financial futures and better implement them through a professional planner!!!

By: T. Purcell

T. Purcell — Tue, 02 Mar 2010 13:54:12 +0000

Great book for everyone!
Rating:4 out of 5 stars
This book explains the general principles of financial planning and gives other resources of useful information. It also talks about some specific situations. While it cannot teach you how to do it yourself, it is a good start for everyone who needs to do financial planning!

By: Mengzhao Hu

Mengzhao Hu — Fri, 26 Feb 2010 03:22:15 +0000

a good book for people who is cautious about personal financial planning
Rating:5 out of 5 stars
If you are cautious on your personal finance and don’t want to just listen to your financial advisor, the book might be good for you. It covers a lot of topics of personal finance. The second part is especially good. It talks about the financial issue at life time changes such as marriage, becoming parents, divorce, etc. Very solid information on tax issues. A lot of tips on tax saving.

By: John G. Adams

John G. Adams — Mon, 04 Jan 2010 20:17:32 +0000

Great Guide
Rating:5 out of 5 stars
This is a great book. It is full of helpful information on the financial planning process. I highly recommend it!