I’ve mentioned the idea about writing a personal finance book to a couple people, but I thought I’d get some feedback from all of you. I’ve become a bit of a personal finance nut over the past year and it took me a while to figure out what was relevant to me as a 20-something and young investor. I sifted through a lot of information and found things that I think people coming out of college or starting a career would want to hear. I want to write what I wish I had a couple of years ago: a book that explores important personal finance topics in an easy to understand way.
The outlining I’ve done so far has the book broken into one part on saving for retirement and a second part on more general personal finance topics. There’s a lot of ground to cover, but each topic discussion would be concise and useful. For example, I would cover Roth and Traditional IRAs, the differences between the two and then provide enough analysis to help the reader figure out which fits them best. I think a big goal of the book would be to help people get a grasp on their financial situation and make smart, informed decisions with their money and about their future.
At this point I think a book would be the best option to contain everything I’m planning to cover. I thought about writing a running series of blog posts, but the topics are going to be tied together enough where it would be annoying to have to constantly say “remember what I talked about in this other post”. In a book format I’d know exactly what the reader has already read. I’d be able to build upon previous ideas and really tie things together when it comes to talking about strategies and the bigger picture.
So I guess my question is, would you be interested in reading a book about personal finance and investing targeted at a younger crowd who still has 30-40 years until retirement?