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Book Review: Your Financial Playbook

MoneyUnder30.com contributing writer Mark Riddix has a talent for describing often confusing investing topics in language that we can all understand.

So if you’re a fan of Mark’s clear, straightforward investing advice here, check out Mark’s book: Your Financial Playbook: A Guide to Navigating the World of Personal Finance.

Mark’s Playbook is the perfect finance book for readers who want a better understanding of personal finance but don’t want to spend a lot of time reading about personal finance. At just over 100 pages, Your Financial Playbook gets you the information you need, and then gets you on to other things.

Although Your Financial Playbook is a primer on everything you need to master your finances, there’s a focus on the fundamentals of long-term, value-oriented stock investing. In the introduction, Mark describes the primary ways people become wealthy. We can:

  • Invent a product or innovate new ways of doing things
  • Take business risks (become an entrepreneur)
  • Inherit
  • Invest

So if we’re not heirs to a fortune, we can always keep honing our million-dollar ideas, but Mark’s point is that we can all make money investing, and we should all learn how.

In Your Financial Playbook, Mark walks the novice investor through the steps to getting started, from understanding retirement account to deciphering stock market language like “earnings per share” and “market capitalization”.

He goes on to talk about how to pick an investing strategy and gives excellent case studies, including personal stories about his own investing experiences.

If you wanted to, you could probably spend the rest the rest of your life reading personal finance and investing books. If, however, you want to read a primer on money management and long-term investing 101, check out Mark’s book and get on with your life!

About David Weliver

David Weliver is the founding editor of Money Under 30. He's a cited authority on personal finance and the unique money issues we face during our first two decades as adults. He lives in Maine with his wife and two children.