Today’s a combo review and giveaway! NURU asked if I’d be interested in taking a look at their personal finance flip deck and share my thoughts. If you find it as interesting as I did, then you can enter below for a chance to win it!
What’s a personal finance deck? It’s a pocket-sized set of cards (held on a ring, but detachable) with short, clear answers to basic personal finance questions.
For example, suppose I flip to the section on “credit score.” It includes a 2 paragraph definition, including how lenders look at it, the highest/lowest your score can be, and what’s considered a good credit score. The section then answers a series of questions “Why a credit score matters,” “What Determines My Score?”, “Getting Your Credit Score” (they recommend starting at annualcreditreport.com, though credit scores aren’t free like credit reports).
There are 30 cards, double-sided, all with simple answers to common questions.
Who would this deck be right for?
If you’re the type of person who often reads personal finance blogs, this deck may not be for you (unless you have a hard time keeping the basics straight or want to be sure). It’s best for a friend, relative, or nearly-adult child who doesn’t know very much about personal finance and isn’t interested in spending a lot of time finding out. Ideal if they’re just moving into a phase of life where they’re responsible for their finances for the first time, such as a college student.
This is the ounce of prevention which may keep them from needing the pound of cure later on. It won’t help them build a debt snowball or find another way out of debt, but it may keep them out of debt. For example, there’s a card that explains the concept and terminology of adjustible rate mortgages, so that they’d have a better frame of reference for evaluating one, instead of just jumping for the attractive initial interest rate.
This is a concise alternative to a personal finance for beginners book, and only costs $10 if you want to buy the set (I’m not getting a commission on it).
How to Win a Copy!
To enter: leave a comment on this post about who you’d like to give this deck to and why. Or why you’d like to keep it for yourself.
A winner will be drawn on 01/14/09 after 7:00pm EST using random.org to choose from among legitimate entries.
Technical stuff: I am the final arbiter of this giveaway. Void where prohibited. Will mail to anywhere in the continental US or Canada. You’ll need to provide a valid e-mail address with your entry so I can get in touch with you if you win!
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Hi,
I would like to give the Nuru to my husband who wants to learn more about personal finance but doesn’t have time to read books on the subject. He’s a 8th grade Social Studies teacher and is studying for his masters in public administration full time.
I handle the finances, however, he wants to be more involved and I welcome that.
These cards would be great for him to review when he has a few minutes here and there.
Thanks and I enjoy reading your blog!
Lisa
I’d like to give it to my older son — who’s in first year university. He’s sensible about money, but not yet very well-informed, I think — and maybe he’d let me use the deck, too!
I would give it to the next person I met who realized their desperate financial situation but hadn’t yet learned what to do about it.
I would love to give this to my SIL who is in college and is just starting to really manage her own finances (renting her own apt., paying credit cards, buying a car, etc.).
I would love to give this to either my 22 year old son or my 17 year old. the older is graduating from college this year the younger is graduating from Highschool and may or may not attend a 4 year college. either of them would benefit. Of course I ‘d keep it for myself to read first 🙂 then pass it on.
I think I’d flip through ’em first, then mail them to my sister. She and her husband are working their way out of debt, but I don’t know that she does a whole lot of reading about debt reduction and such. I think these would give her some good info that she can quickly look at while baby naps or something 🙂
I would give it to my sister, who is in her second year of college. She would love it!
my mom she is struggling in this economy
I would give this to my son who is graduating from college.
I would keep them for myself. I’m the one who needs to learn about finance.
Just as a reminder, the giveaway is closed.
I’d share these with my fabulous husband who knows a lot about macroeconomics yet can’t put the loftier ideas into practical application. I can also think of at least 15 people off the top of my head I’d like to pass them on to.
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