The Average Family's Guide to Financial Freedom How You Can Save a Small Fortune on a Modest Income

by Bill Toohey, Mary Toohey, Mary Toohey

Book Overview

Bill and Mary Toohey are average middle income people from a small Iowa town. Bill has been employed for 23 years as a Vocational Rehabilitation Counselor and Mary has worked for 20 years as an Office Manager for a small psychological firm. They started saving and investing in 1991 when their net worth was $63,000. Eight years later their net worth was $467,000. In other words, their assets increased by an average of more than $50,000 per year during...

• Format: Hardcover
• Language: English
• ISBN: 0471352284
• ISBN13: 9780471352280
• Release Date: March 2000
• Publisher: John Wiley & Sons
• Length: 256 Pages
• Weight: 0.05 lbs.
• Dimensions: 0.9" x 6.4" x 9.4"

Customer Reviews

Wonderful and real

I have been on a true quest to educate myself and my husband about finances. We need to plan for retirement and still be able to enjoy this stage of our life too. I have read a lot books and talked to several experts and was always left with the "too late, too bad" feeling. This book was so well thought out and the advise so "doable" I feel I have at last found the proper tool to get (and keep) our financial life in the order I have been looking for all this time. This is a real treasure of information presented in such a friendly format even my hesiatant husband read it cover to cover. My husband has stayed away from all the other books I have read because he did not want to be scolded or dictated to, this book is like having a long talk with that favorite uncle ----information but not judgements or unreal suggestions. Thank you Bill and Mary!!!

Good Investing Section

I am a recently divorced mother of two and didn't have a clue about investing. I read this book because it was written by real people who aren't financial experts. I guess I thought I might be able to understand it and that it would deal with issues I face. I was right. I liked the book and have loaned it to my sister and she likes it too. It's a quick read and it held my attention throughout. Now I'll need to start reading some of the other books recommended in this book. Thank you Tooheys, for sharing your experiences and showing me how it's done.

Helpful Book

I've read a few financial books and this one was very helpful. I also liked Personal Finance for Dummies which I read first, and I noticed that these authors also recommend that book. I liked them both a great deal. This book really is for average people. It deals with things others don't and the investing section clarified some things I didn't quite understand. I really liked the car buying section and plan to use that next time I'm in the market. The record-keeping section is very unique and leaves you wondering why you didn't think of that! A good book.

Right on the money!

A clear look at what an average wage-earner can do to turn their financial fortunes around. Easy to read and understand, the Tooheys approach will take a little work (great rewards rarely fall into your lap) but can be attained by most of us. Strong recommendation.

Exactly What I Needed

This book was easy to read, interesting, and tells me what I need to know to achieve financial freedom. I plan to recommend it to friends and family. If you want freedom and don't know where to start, buy this book.