I spent just a few hours this afternoon reading Jim Randel’s new book: The Skinny on Credit Cards, How to Master the Credit Card Game
It literally took me less than 2 hours of reading to take in all this quick guide (of around 125 pages) had to say. And I read slow. A faster reader could have knocked this thing out in an hour, I’m sure.
What’s the point? The point is we all don’t have several hours each week to devote to understanding the basics of personal finance. That’s probably why you’ve subscribed to this blog. You just want some quick, helpful information a few times a week.
And let’s be honest, personal finance can be a really boring subject at times. But you have to learn it. So, why not pack key subjects into nice, easy-to-absorb books. That’s what Jim has done.
The Skinny On Books
The Skinny On™ book series is here to help those of us with little time, who are in need of quick, solid information. So far there’s a book on credit cards, one on the housing crisis, and another on will power. The idea for the style of the books came from the Japanese style of writing called manga.
In the book, Jim uses a story line and pictures (stick figure drawings) to illustrate the concepts around credit cards. It’s very fun and easy to read. Throughout this book you follow Billy and Beth as they discover the secrets to mastering credit cards.
The Skinny On Credit Cards
The book covers all you need to know in order to help you master the credit card and the game that credit card companies try to play. Specific topics include:
- How to get rid of credit card debt
- How to teach your kids about credit card debt
- How to avoid late fees and identify credit card company tricks
- How to take advantage of 0% credit card balances transfers
- How to improve your credit score
- and more…
The book includes advice from notable authors Liz Pulliam Weston, David Bach, Suze Ormon, and others. I also really enjoyed Jim’s 20 key points on the FICO credit score.
I found the book to be a good way to introduce your spouse, who may be allergic to financial books, to the basics of credit cards. In fact, the book follows a couple who struggle in their relationship because one spouse isn’t on board with the financial plan. Both of them get a good education in credit cards though. And you will too with this book.