AICPA Publishes Consumer Book on Personal Finance

On January 3, the American Institute of CPAs (AICPA) will publish its first national consumer education book, Save Wisely, Spend Happily, which combines the insight of CPAs from across the country - 125 of them with more than 1,000 years of collective experience - into a book of tips, tales, and teachings about money. 

"Save Wisely, Spend Happily is a field guide to personal finance, one that can be read cover to cover or picked up in a pinch to navigate a specific topic," said Ernie Almonte, CPA, chair of the AICPA's National CPA Financial Literacy Commission. "It captures the expansive insight of trusted advisors in a quick and easy read that anyone can use to plan for college, educate their kids, save for retirement, survive a divorce, or simply improve their financial standing."
 
Save Wisely, Spend Happily complements the AICPA's award-winning program 360 Degrees of Financial Literacy, a volunteer effort of the CPA profession that helps Americans at all life stages understand their finances. The book was published in honor of the AICPA's 125th anniversary and benefits from the experience of best-selling author Sharon Lechter, CPA.
 
Lechter is the coauthor of the international best-selling book Rich Dad, Poor Dad, and fourteen other Rich Dad books, as well as Think and Grow Rich - Three Feet from Gold and Outwitting the Devil with the Napoleon Hill Foundation. She brings her extensive insight as a CPA and financial literacy expert to bear in Save Wisely, Spend Happily, weaving together stories in a conversational tone that both informs and entertains. 
 

"Surviving Financial Downsizing"

With job security at an all-time low and the cost of living at an all-time high, living frugally isn't just prudent - it's a financial necessity! In Surviving Financial Downsizing: A Practical Guide to Living Well on Less Income, author Gail Perry, CPA, offers guidance on: 

  • Developing an emergency fund 
  • Saving on everyday expenses 
  • Finding alternate sources of income 
  • Maintaining health coverage 
  • Liquidating assets and refinancing debt 
  • Preserving retirement savings
 
Surviving Financial Downsizing is Plan B for anyone's budget.
"Filled with detailed information, money-saving strategies, and expert advice, each chapter is reinforced with personal stories that bring home the book's lessons," Lechter said. "These tales of financial setbacks, recoveries, and eventual successes demonstrate that with persistent planning - and a little guidance - it is truly possible to save wisely and spend happily."
 
Save Wisely, Spend Happily will be available to the general public in both paperback and Kindle format on January 3 through Amazon.com. AICPA members can begin purchasing the book now through CPA2Biz. Discounts are available for bulk orders. All proceeds from the sale of the book will go to support the profession's financial literacy efforts. 
 
Related article:
 
Source: October 22, 2012, AICPA Press Release

You may like these other stories...

For the first time in the five-year history of Vault.com’s rankings of the top 50 accounting firms to work for in North America, a firm has held the top spot as best accounting employer for two consecutive years....
With complex financial issues playing a larger role in litigation, and people increasingly turning to CPA experts to involve themselves in everything from criminal investigations to shareholder disputes to uncovering assets...
 Event Date: April 24, 2014 In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel. David will introduce the Macro Recorder, which transforms actions...

Upcoming CPE Webinars

Apr 22
Is everyone at your organization meeting your client service expectations? Let client service expert, Kristen Rampe, CPA help you establish a reputation of top-tier service in every facet of your firm during this one hour webinar.
Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.