Personal finance at the Truckee Library | SierraSun.com

Personal finance at the Truckee Library

Teri Andrews Rinne
Special to the Sun

TRUCKEE, Calif. and#8212; In April I showcased books that predicted, provided background or chronicled the global financial meltdown of 2008 that resulted in what is now commonly referred to as the Great Recession. Now what? The Truckee Library also has many books about your specific financial concerns, be it debt reduction, budgeting, mortgages, refinancing, retirement planning, or even foreclosures or bankruptcy.

There are three popular titles that provide a comprehensive overview of personal finance. and#8220;Total Money Makeover: A Proven Plan for Financial Fitnessand#8221; is written by radio talk show host Dave Ramsey. His message is simple: and#8220;Work hard, pay what you owe and stay out of debt.and#8221; Financial guru Suze Orman offers and#8220;The Road to Wealth: A Comprehensive Guide to Your Money.and#8221; Be sure to pick up the revised and updated 2008 version, which adds a timely subtitle: Everything You Need to Know in Good and Bad Times. It is safe to assume these are the and#8220;bad times.and#8221;

and#8220;Personal Finance for Dummiesand#8221; is another excellent title covering the basics of managing your money. Donand#8217;t let the title insult you! There are also numerous personal finance books that target specific age groups, such as 20-somethings, 30s-40s and senior citizens.-

For those in the market for a mortgage, there are numerous books to help you. Since lending institutions have significantly tightened credit, itand#8217;s best to find the most up-to-date titles, including and#8220;All About Mortgages,and#8221; and#8220;Mortgages for Dummiesand#8221; (again, donand#8217;t take the title too personally), and and#8220;New Rules for Mortgages.and#8221; If you are thinking of refinancing to take advantage of these historically low interest rates, take a look at the and#8220;Insiderand#8217;s Guide to Refinancing.and#8221;

If you are looking toward retirement, there are books available to help you determine the proper course of action to help insure your comfort in the golden years. Books written before 2008 are decidedly sunny, with upbeat titles such as and#8220;The Everything Retirement Planning Book: A Complete Guide to Managing Your Investments, Securing Your Future, and Enjoying Life to the Fullest.and#8221; Contrast that to a book written just two years later, with the sobering title and#8220;Save Your Retirement: What to Do If You Havenand#8217;t Saved Enoughand#8221; or and#8220;If Your Investments Were Devastated by the Market Meltdown.and#8221; Ouch!

Finally, for those contemplating the grim reality of foreclosure or bankruptcy, there is help for you as well. and#8220;The Foreclosure Survival Guide: Keep Your House or Walk Away With Money in Your Pocketand#8221; provides an excellent overview of the foreclosure process, what options there may be for keeping a home when in default and what to do when that is not possible. The author also includes instruction on negotiating a workout with a lender as well as chapters on how to use bankruptcy to avoid foreclosure. And speaking of bankruptcy, there are titles devoted specifically to Chapter 7 and Chapter 13, as well as recently released books such as and#8220;The New Bankruptcy: Will It Work for Youand#8221; and and#8220;Solve Your Money Troubles: Debt, Credit and Bankruptcy.and#8221;

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Whatever your financial situation, check out what is available at the Truckee Library to help you maintain or improve it.

and#8212; Submitted via e-mail to aedgett@sierrasun.com

Library hours

Monday 10:30 a.m –6 p.m.

Tuesday 10:30 a.m. – 6 p.m.

Wednesday 10:30 a.m. – 6 p.m.

Thursday 11 a.m. – 7 p.m.

Friday 10:30 a.m. – 6 p.m.

Storytimes

Tuesday Toddler Time at 10:30 a.m. (2 to 3 year olds)

Babes in Bookland Wednesdays at 10:30 a.m. (6 months to 2 years)

Storytelling with Mrs. Fix on Thursdays at 11:15 a.m. (3 years and up)

Pajama Time, First Thursday of the month at 6 p.m. (all ages)

Bookshelfand#8217;s Dry Camp Book Club at the Library

Meets monthly at the Library. Participants at the book group meeting will receive a coupon for 15 percent off a one-time book purchase at the Bookshelf at Hooligan Rocks. Everyone is welcome.–

Now on display at the library

Portraits by Truckee artist Raphael Jolly

Above the Fireplace: Sand Harbor in oils by Linda Dand#8217;Toole