The New Rules of Money

The rules have changed. We can't afford to manage our money the way our parents did. While our parents and grandparents paid relatively little in taxes, we lose more than a third of our incomes to the tax collector. While prices for goods and services remained stable for the first 60 years of this century, we must buy today to avoid tomorrow's price increase. Consequently, we now earn more but save less than at any time in history. Not least of all, as we live longer, we increase the risk that we will outlive our incomes.aIn The New Rules of Money, Ric Edelman charts a better financial course. From paying for college, buying a home, and choosing the right investments to insurance, retirement, and estate planning, Edelman shows us how to maximize our personal finances in today's vacillating economic climate.