A Guide To Canadian Personal Finance Books – Part 3

15Today’s post will cover two books focusing on personal financial planning areas. If you’re interested in more general books on personal finance planning, then be sure to check out Part 1 and Part 2 of this series!

I’ll cover these two books:

  • House Poor No More
  • Beat The Bank

House Poor No More

House Poor No More, by Romana King, focuses on everything you need to know about home ownership in Canada. Her book covers the following:

  • What you need to know about buying a home in Canada.
  • What home improvements will give you the most bang for your buck.
  • How to manage your mortgage debt, so you aren’t house poor.
  • What kind of tax deductions and credits you may be eligible for as a homeowner.
  • How to reduce the monthly expenses associated with owning a home.

So whether you’re thinking of taking the plunge into home ownership or already own a home and are trying to make the most of it, House Poor No More can provide you with the guidance you need to avoid being house poor!

Beat The Bank

The full title of this book is Beat The Bank: The Canadian Guide To Simply Successful Investing, and Larry Bates writes it. Once you’ve set up a budget and paid down debt, you’re ready to start investing to save for your future – but how do you get started?

Many people are intimidated by investing, so they either avoid it and buy only “safe” investments (like bonds) or pay high fees without realizing they are doing so. And high fees can cost you thousands of dollars every year, stripping away your gains!

With Beat The Bank, Larry Bates is trying to help hard-working Canadians keep more of their money. Larry’s professional background is in banking and investments, so he knows the ins and outs of investing. With his book, he can help you:

  • Learn how to avoid high fees, which means you’ll lose less of your returns.
  • Find out all the benefits of switching to low-cost investment products.
  • Put together a simple approach to investing that doesn’t take hours upon end to implement.
  • Gain the knowledge you need to achieve long-term investing success without paying high fees.

You work hard for your money and deserve to keep your investment gains – not lose them to high fees!

Both Of These Books Are Great For Focused Financial Learning

Once you’ve got a strong base for your financial planning, you’re ready to move on to more complicated topics like investing and making the most of home ownership. Which of these topics are you more interested in? Tell me in the comments!