America, Welcome to the Poorhouse by Jane White

America, Welcome to the Poorhouse by Jane White is a startling insight into the state of America’s personal finances

My Book Review Rating:

Do you know whether the money in your 401(k) plan will see you through retirement? Is your credit card maxed out? Are you struggling to even make teh minimum payments?

If you prefer not to think about your personal finances then you should probably read America, Welcome to the Poorhouse. White paints a pretty bleak, but eye-opening picture about the state of America’s personal finances. She talks about how you can turn your 401(k) into a pension so that you can have the retirement lifestyle you hope for. She also shows you how to get out of credit card debt.

Some of White’s book went over my head – partly because I’m an Englishman!(!) – but also because she talks about economics and reforms and other things that might well make your eyes glaze over. But in every chapter there are pure nuggets of useful information that you can put into practice right away to improve your personal finances.