Book Review: The Infographic Guide to Personal Finance

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One of my goals for Q1 of 2020 was to focus on learning more about the financial industry. I do work in finance but my degree is in marketing so sometimes I feel a bit behind in learning everything there is to know about finance. I saw The Infographic Guide to Personal Finance by Michele Cagan, CPA and Elisabeth Lariviere on Instagram and thought it would be a fun read to help explain some of the basics.

Even if you aren’t interested in learning about finance I would recommend this book. It has so many helpful tips on debt, budgeting, investing, buying a home, etc. These topics relate to pretty much anyone and it’s not a boring read. In fact, I read the whole thing in under an hour and it really did help me understand some of the basics better.

Summary:

Balance your budget, plan for your future, and breeze through confusing details with this easy-to-follow illustrated personal finance guide.

Get your finances in shape! In The Infographic Guide to Personal Finance, you will learn all the skills you need to make good financial decisions and grow your personal wealth. Full of colorful descriptions organized in an easy-to-read format, this book contains infographics such as:

-Choosing your bank
-Building an emergency fund
-Choosing a financial planner
-Where your money is going
-What not to buy
-Health insurance
-Property insurance
-What federal taxes pay for

With the help of this guide, you’ll learn how to make good investments, save for big things like a house or college tuition, budget, and more!

Review:

Personal finance can be such a confusing topic and isn’t always taught to you while in school. It’s easy to get a credit card when you’re young and later find yourself digging your way out of a pile of debt. This is such a great resource if you have questions about how the financial industry works and how to get involved in your finances.

I’ve always been interested in money but even if you aren’t this is a great read! I promise it’s not a boring finance book! I found helpful information for my everyday life as well as tips for saving for retirement, paying off debt, and finding the best insurance.

Rating: 5/5 Stars

For a quick read, this book had so much great information for people of all ages! I think this would be a fantastic graduation or wedding gift to help those just starting out on their financial journeys. I’ll be hanging onto my copy to use as a reference.

This isn’t your average book because it contains hundreds of graphics that explain the ins and outs of personal finance in a way that will really help you to understand the topic. There are colorful charts, graphs, and images on every single page!

Have you read any good books lately?

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How We Can Afford to Travel

How We Can Afford to Travel

Why does traveling have to be so expensive? And why do I love it so much?

I’ve said it before and I’ll say it again, there’s just something about traveling that brings out the best in me! I feel alive, happy, and ready to take on the world! That’s why Brett and I make a point to save up for our next adventures.

How can we afford to travel as often as we do?

  1. We have a travel fund. I work in finance and I’m a big advocate for having a budget and saving for items you want to purchase or trips you want to take. For that reason, Brett and I always have a travel fund and are saving for our next trip. We put a percentage of our paychecks into this account and save it up until we are ready to go on our next adventure. Even if we aren’t currently planning a trip we are still putting money away for travel.
  2. We make travel a priority. It’s super easy to get caught up in all of the other things life throws your way. Brett and I make traveling a priority. In 2019 we weren’t able to plan a big Europe trip like we had hoped but we still set aside time to travel to places in the United States instead. This way we saved money but were still able to visit some new places and make memories together.
  3. We travel on a budget. When we go on a trip we aren’t staying in the fanciest hotels or splurging on new clothes and accessories for our travels. During our planning process we are mapping out all possibilities of places to stay, eat, visit, etc. We set a budget and stick to it. I do like to splurge for once in a lifetime opportunities but we always plan for those ahead of time and make room in the budget.
  4. We compromise. Planning a trip with another person can be difficult. Brett and I take turns picking the places we want to go. I planned our Europe trip in 2018 so he’s planning our 2020 trip. We can’t go everywhere at once so we compromise and take turns. Luckily, we both want to go to many of the same places so this has been pretty easy!
  5. Brett’s Job. We have been incredibly blessed by Brett’s current job for an airline. This allows us to travel at a very discounted rate but we haven’t always had this perk and have traveled many times without it. Brett’s job has allowed us to go on a few trips that we wouldn’t have normally been able to go on without spending more time saving our money. We are super grateful and don’t take this blessing lightly. We know that we won’t have these opportunities for long so we always try to make the most of it! I do want to stress that it is possible to travel without breaking the bank even without these flight benefits!

It’s not always easy, but we are determined to travel as much as possible before we have children. Traveling is one of our top priorities right now and I can only imagine how much that will change in the next few years. For now, I’m constantly on Pinterest planning our next adventure.

Do you have any budgeting tips for traveling?

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Photo by Frank Vex on Unsplash