Liz Weston * FT Press * October 22, 2015 * 240 Pages
I’m a huge Liz Weston fan. I think The 10 Commandments of Money: Survive and Thrive in the New Economy unknown is one of the best, most realistic books about personal finance I’ve read (and I’ve read a lot of books on the subject). I love that Weston is so no-nonsense about this potentially emotional subject, and her advice is smart, even clever. I started reading her books after my husband and I completed Dave Ramsey’s Financial Peace University (which is a wonderful program and helped us get completely out of debt in less than a year, btw), and I remember thinking how refreshingly practical her advice was compared to his somewhat idealistic “vision.” Weston lays out the facts in a straightforward, easily understandable way, and her message is always optimistic. She isn’t big on coddling, but it’s readily apparent that she believes EVERYONE has the power to get his or her financial sh*t in order.
Your Credit Score is one of her more popular books (which is why it has been updated five times already). I’ve read previous versions, though not all of them. It’s hard to spot the differences, honestly. In this edition, I see that she has added a section on Vantage Scores, which I actually wasn’t familiar with, so that’s great. She’s updated facts, figures, and phone numbers. She addresses issues related to finances and media (like using your smartphone for banking or posting specific personal info publicly that could help hackers guess your passwords or usernames, or the answers to your security questions.)
Otherwise, most of the info in this edition is the same, I think. She describes how scores are calculated, she gives steps for making your score stronger, and she gives advice for dealing with potential credit disasters like limited credit, identity theft, divorce, etc. It’s a very comprehensive book on the subject of credit scores, and is going to be incredibly helpful for for beginners.
If you have another version of this book, you probably already know most of what you need to. But if you are looking to know more about your credit score and haven’t checked out this book before, you should. You will most definitely not be disappointed.