January is a great month to get finances in order and set some monetary goals for the upcoming year.
Here are three recent additions to the Plano Public Library collection to get you thinking about getting organized with your money:
1. Get It Together: Organize Your Records so Your Family Won’t Have To by Melanie Cullen with Shae Irving, J.D.
Here is a complete guide to collecting and organizing important papers and information–making the process easy for the reader and for loved ones who will wrap things up when the time comes. You are led through the process step-by-step, prompting you to provide information that will make sure family members don’t lose out on money (life insurance proceeds often go unclaimed, for example), legal documents (a will is no good if no one knows where it is), and items of emotional significance (heirlooms, family photos and history).
2. Financial Literacy Basics: How to Manage Debt by Weiss Ratings
This is one of several volumes in the Financial Ratings series, designed to provides readers with guidance on how to manage their money. Written for those who are just starting out and for those who may need help handling their finances, volumes in this series outline step-by-step how to make the most of your money, which pitfalls to avoid, and what to watch out for, and give you the necessary tools to make sure you are fully equipped to manage your finances.
3. Upstream: the Quest to Solve Problems before They Happen by Dan Heath
While not strictly a financial guide, this book by behavioral economist Dan Heath can help root out underlying causes for our ineffective money behaviors. So often in life, we get stuck in a cycle of response. We put out fires. We deal with emergencies. We stay downstream, handling one problem after another, but we never make our way upstream to fix the systems that caused the problems. Here we can probe the psychological forces that push us downstream–including ‘problem blindness,’ which can leave us oblivious to serious problems in our midst. Read about other thinkers who have overcome these obstacles and scored victories by switching to an upstream mindset.
Want to learn more about budgeting and building wealth? Check out our previously recorded virtual workshops on the library’s YouTube channel in the Thinking Money at PPL playlist.