  Nothing new here - waste of money
The only worthwhile use of this tomb would be to bring it with you on the beach and use it to hold your beach towel down. Or perhaps you can use it in your home to step on to pick out a real book.
The information is too basic and out of date. Quinnis a good writer but knows nothing about personal finance.
Nuff said.
Making the Most of Your Money Now
A big book about everything personal finance (from purchases, investments, debt, and retirement (my interest). It is categorically oriented, which is nice, as is takes a look at different periods in life and what is important within them.
Her down to earth writing style helps explain the facts to us. Common, everyday words help uncover the concrete facts that will help us. Basically, don't get yourself in debt and always focus on tomorrow with planned steps.
Budgeting is not my greatest gift to my marriage but this helped us understand more that will help us later, if we stick to it now.
More Crap from Quinn
Despite the title "Now" added to Quinn's overhyped book, there really is nothing new or different from her previous edition of this same tome.
And it has the same mistakes, particularly with regard to life insurance.
Reading Quinn in her book, she (Quinn) starts off somewhat neutral regarding Term vs Cash value insurance but then goes on and on talking about the "tax deferred benefits", "borrow money tax free" and "cash buildup" of whole life and other cash value type life insurance.At one point Quinn even suggests increasing your Universal Life Insurance each year because you "may not be paying enough."
As another reviewer alluded to, Quinn recommends paying Insurance advisors as much as "$200-$400 per hour" and suggests that "it's a good deal". And, Quinn says that cash value insurance is better than term "because the premiums stay level." and that with cash value insurance "premiums stay the same."
All of this has some basis of truth in it....but is still bad advice for the masses.You can borrow money from your cousin Henry or your Aunt Martha for free. Why use a overpriced cash value life insurance policy to do it?
Cash value premiums are level but that is only because the premiums are so high. ART premiums increase upon renewal, BUT are much lower than Whole Life or Universal Life. You can also buy LPT insurance which is also less than cash value insurance. As I see it, Quinn attempts to muddy the waters pretending to take a neutral stance but then overselling cash value insurance.
In one of her examples, Quinn says; "Cash value insurance or Term with a mutual fund. Which is better? Then Quinn goes on to suggest that the cash value insurance is a better deal! WRONG! DEAD WRONG!
Quinn also conveniently neglects to mention that as your cash value is going up in a cash value policy, your insurance is going down. She makes it sound as though you get to keep the insurance value while cash value is building up. This is bad advice and horribly wrong.
In fact, a $100,000 cash value life insurance policy will have a $100,000 worth of insurance at origin and no cash value BUT $100,000 of cash and no insurance at the end (the cash buildup replaces the insurance--you never have both).I got burned by a life insurance agent on a cash value so I can relate to the other reviewers who are upset by Quinn.
Most people are better off with a low cost term life policy or LPT and invest the difference in a mutual fund, however, I would never recommend Quinn's advice on investing. You would be better off gambling at a casino.
With all of the excellent financial authors out there today, I am amazed that Quinn is still in the game. And please disregard those 5 star reviews (all from the same person no doubt)
You can start to make the most of your money NOW by saving your money and NOT bying this overpriced tome.
Great as a novel, not as a financial reference book
Would you go to a mechanic for financial advice? How about a barber? A taxi driver? The waitress at your favorite restaurant? How about your next door neighbor? Then why would you listen to Quinn?
JBQ is a writer, not a financial authority. Check the reviews the original versions of this book to see how readers really feel about her advice.
People who used her "safe" investment advice, say their 401 (k) turn into a 101 (k), bought investments at the wrong time, buy and held as their investments went down, down, down.
She recommends cash value life insurance, probably the worst choice. In 2002, in her newpaper column (since shut down) she was recommending money market mutual funds with techniques that worked in 1982 and were no longer even close to doing what she claimed in 2002.
Recommend Suzie Orman, Ric Edelmen, Dave Ramsey or anybody else.
Remember, Quinn is a writer, not a financial authority. Her advice can be hazardous to your wealth as it has been for some many in the past.
Skip on this one. Besides, you can always buy it in a used bookstore for about a $1.
The best financial book, period.
This is -- hands down -- the best financial book on the market. It's witty and insightful, but more important, easy to understand, reliable, and full of solid, common-sense advice. It's my financial bible. I would be lost without it in the jungle of the financial markets, and am especially grateful that this new edition is out now, considering the damage that the sub-prime mortgage fiasco has done to the financial well-being of most Americans.
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