Publisher Description
Increase your spending power, enhance your standard of living, and make it on your own by following the insightful tips and tricks shared in this revolutionary guide to money management.
In Money Magic, Laurence Kotlikoff, one of our nation’s premier personal finance experts and coauthor of the New York Times bestseller Get What’s Yours: The Secrets to Maxing Out Your Social Security, harnesses the power of economics and advanced computation to deliver a host of spellbinding but simple money magic tricks that will transform your financial future.Each trick shares a basic ingredient for financial savvy based on economic common sense, not Wall Street snake oil. Whether you’re making education, career, marriage, lifestyle, housing, investment, retirement, or Social Security decisions, Money Magic offers a clear path to a richer, happier, and safer financial life. Money Magic’smost powerful act is transforming your financial thinking, explaining not just what to do, but why to do it. Get ready to discover the economics approach to financial planning—the fruit of a century’s worth of research by thousands of cloistered economic wizards whose now-accessible collective findings turn conventional financial advice on its head. But beware: Kotlikoff uses his soft heart, hard nose, dry wit, and flashing wand to cast a powerful spell, leaving you eager to accomplish what you formerly dreaded: financial planning.
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“Fact-filled, wisdom-filled, Money Magic is quite probably the best financial advice book ever written. You can read it for Laurence Kotlikoff’s sage advice, which tells how to manage your finances for a happier, better life. You can also read it for fun: there is a laugh on almost every page. You should read it for both.”
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George Akerlof, Nobel Laureate in Economics, 2001, and co-author of Phishing for Phools
About the Authors
Laurence Kotlikoff is a professor of economics at Boston University, Fellow of the American Academy of Arts and Sciences, Fellow of the Econometric Society, Research Associate of the National Bureau of Economic Research, president of Economic Security Planning, Inc., and director of the Fiscal Analysis Center. A New York Times bestseller author, he has written nineteen books and hundreds of professional articles and op-eds. He is amfrequent television and radio guest. His columns have appeared in the New York Times, Wall Street Journal, London Financial Times, the Boston Globe, Bloomberg, Forbes, Yahoo.com, Fortune, and other major publications. In 2014, The Economist named him one of the world’s 25 most influential economists.