Publisher's Synopsis
Why do even the smartest among us make dumb mistakes with our money? Jill Schlesinger, CBS News business analyst and host of the nationally syndicated radio show Jill on Money, explores our biggest money blind spots, giving us the tools we need to understand and take control over our finances. Do you have a "friend" who is super smart, has a great career, holds a graduate degree, has even saved a chunk of money for retirement, but who keeps making the same dumb mistakes when it comes to money? Is this "friend" you? After decades working as a Wall Street trader, investment advisor, and money expert for CBS, Jill Schlesinger reveals thirteen costly mistakes you're probably making right now with your money, without even knowing it. Drawing on heartfelt personal stories (yes, money experts screw up, too), Schlesinger argues that it's not lack of smarts that causes even the brightest, most accomplished people among us to behave like financial dumb-asses, but simple emotional blind spots. By breaking bad habits and following her practical and accessible rules for managing your finances, you can save tens, even hundreds of thousands of dollars, not to mention countless sleepless nights. The Dumb Things Smart People Do with Their Money tells you what you really need to hear about investing, retirement, college financing, insurance, real estate, and more. It might be the smartest investment you make all year.
