Last night, at our Women & Finance Book Club meeting, six of us met to discuss two books, "Pay it Down" and "Live Well on Less Than You Think." There are some pretty saavy ladies in our group and one member in particular offered a wealth of information that went beyond the credit and debt issues and shared with us information about buying stock, U.S. Treasury bonds and different types of insurance. For example, she told us that the most sage piece of advice she's gleaned was that buying insurance should be easy to understand. If an insurance agent is trying to sell you whole or universal life insurance (or any kind of insurance) and you're not sure what he or she is talking about, DON'T BUY IT! Term insurance seems to be the most reasonable investment for most people. A book I recommend is "The Insurance Maze: how you can save money on insurance and still get the coverage you need" by Kimberly Lankford.
Our next meeting is Tuesday, Jan. 19 at the Florence Branch Library. We will read the book "Rule #1: the simple strategy for successful investing in only 15 minutes a week!" by Phil Town. Reserve a copy online or at any Omaha Public Library and join us.
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