Description

Increase your spending power, enhance your standard of living, and make it on your own by following the insightful tips and tricks shared in this revolutionary guide to money management. 

In Money Magic, Laurence Kotlikoff, one of our nation’s premier personal finance experts and coauthor of the New York Times bestseller Get What’s Yours: The Secrets to Maxing Out Your Social Security, harnesses the power of economics and advanced computation to deliver a host of spellbinding but simple money magic tricks that will transform your financial future.Each trick shares a basic ingredient for financial savvy based on economic common sense, not Wall Street snake oil. Whether you’re making education, career, marriage, lifestyle, housing, investment, retirement, or Social Security decisions, Money Magic offers a clear path to a richer, happier, and safer financial life.

Money Magic’smost powerful act is transforming your financial thinking, explaining not just what to do, but why to do it. Get ready to discover the economics approach to financial planning—the fruit of a century’s worth of research by thousands of cloistered economic wizards whose now-accessible collective findings turn conventional financial advice on its head. But beware: Kotlikoff uses his soft heart, hard nose, dry wit, and flashing wand to cast a powerful spell, leaving you eager to accomplish what you formerly dreaded: financial planning.

Praise

Money Magic is a must-read. An unconventional and entertaining page-turner, that will transform your financial thinking and show you how to improve your financial future.” —Jane Bryant Quinn, author of How to Make Your Money Last
Money Magic is financial Freakonomics, delivering non-stop financial shockers –– all based on common economics sense. You'll love this amazing book. It's full of wit, wisdom, and startling paths to a better financial life.” —John Mauldin, author of Thoughts from the Frontlines
“Fact-filled, wisdom-filled, Money Magic is quite probably the best financial advice book ever written.  You can read it for Laurence Kotlikoff’s sage advice, which tells how to manage your finances for a happier, better life.  You can also read it for fun: there is a laugh on almost every page.  You should read it for both.” 
  —George Akerlof, Nobel Laureate in Economics, 2001 and co-author of Phishing for Phools
"Money Magic is a delightful book. With wit and wisdom, Kotlikoff delivers rich economic insights, concrete advice, and hard-nosed, yet soft-hearted guidance on financial planning, all well-grounded in the science of finance.  It will change your financial thinking and improve your financial life. Wherever in the lifecycle—beginning student to beginning retiree, the reader is in for a treat: Bon Appetit!"
  —Robert C Merton, Nobel Laureate in Economics, 1997 and author of Worth the Risk
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