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Money Magic
An Economist's Secrets to More Money, Less Risk, and a Better Life
Description
Increase your spending power, enhance your standard of living, and make it on your own by following the insightful tips and tricks shared in this revolutionary guide to money management.
In Money Magic, Laurence Kotlikoff, one of our nation’s premier personal finance experts and coauthor of the New York Times bestseller Get What’s Yours: The Secrets to Maxing Out Your Social Security, harnesses the power of economics and advanced computation to deliver a host of spellbinding but simple money magic tricks that will transform your financial future.Each trick shares a basic ingredient for financial savvy based on economic common sense, not Wall Street snake oil. Whether you’re making education, career, marriage, lifestyle, housing, investment, retirement, or Social Security decisions, Money Magic offers a clear path to a richer, happier, and safer financial life.Money Magic’smost powerful act is transforming your financial thinking, explaining not just what to do, but why to do it. Get ready to discover the economics approach to financial planning—the fruit of a century’s worth of research by thousands of cloistered economic wizards whose now-accessible collective findings turn conventional financial advice on its head. But beware: Kotlikoff uses his soft heart, hard nose, dry wit, and flashing wand to cast a powerful spell, leaving you eager to accomplish what you formerly dreaded: financial planning.
Praise
—George Akerlof, Nobel Laureate in Economics, 2001 and co-author of Phishing for Phools
—Robert C Merton, Nobel Laureate in Economics, 1997 and author of Worth the Risk