Reviews of Your Money Ratios

FINANCIAL FORMULAS Charles Farrell, an investment adviser in Denver, has long written about financial planning. In particular, he has developed, in recent years, some of the smartest tools we’ve seen for gauging the health of your nest egg. Now, he has combined these calculators with additional guidelines in a new book, “Your Money Ratios: Eight Simple Tools for Financial Security.” Mr. Farrell uses easy-to-understand ratios to help individuals manage savings, debt, investments and insurance, all with the goal of achieving a secure retirement. In short, one of the best financial books to cross our desks this year. — The Wall Street Journal, December 19, 2009

Everyone wants to know, ‘Am I on the right track?’ Thanks to Charlie Farrell and his delightfully simple Money Ratios, the answers are just a few pages away. — Jonathan Clements, author of The Little Book of Main Street Money

What I like about the use of ratios is that it imposes discipline on emotional spending decisions. When you do the math based on specific goals, real household income and exact time frames related to age, it becomes crystal clear that you really can’t afford to blow out the back of your home or expand the kitchen, no matter how attractive or tax-deductible the financing may be. — Laura Rowley, Yahoo Finance

DO THE MATH
Saving for retirement can seem daunting or mysterious: we know we should do it, but aren’t sure how—or how much to save. In Your Money Ratios: 8 Simple Tools for Financial Security, Charles Farrell, an investment advisor and CBS Moneywatch columnist, has devised a set of tools aimed at helping readers be more aware and in control of their financial present and future. For starters, he writes, “All decisions you make should help you move from being a laborer to being a capitalist.” With that in mind, he describes key ratios (e.g., capital to income, mortgage to income) and offers formulas that will help readers determine how much they should be saving each year in order to retire at a particular age or income level. In addition to straight dollar-figure calculations, he explores and advises on investment vehicles, insurance and real estate. Your Money Ratios is a no-nonsense, comprehensive resource for those ready to grab the reins of personal finance once and for all.
— Linda M. Castellitto, Bookpage

Awards

Winner Bronze Medal – Personal Finance 2010
Your Money Ratios has won the bronze medal in Personal
Finance of the Axiom Business Book Awards!

Your Money Ratios has been nominated as a finalist for the
Books For A Better Life Award in Personal Finance!

Interviews

CBS Moneywatch.com, Jan. 8, 2010


CBS Moneywatch.com interviewed Charlie about Your Money Ratios and planning for retirement. The article includes both the video and excerpts from the book. Or you can just watch the interview.