Every other Sunday, The Simple Dollar reviews a personal finance book. This is the eighth book in the “Little Books” series on investment topics, and I’ve reviewed all of the previous ones ( … of Bull Moves in Bear Markets , … of Common Sense Investing , … of Value Investing , … That Beats the Market , … That Builds Wealth , … That Makes You Rich , and … That Saves Your Assets – all links to my earlier reviews of these titles). For the most part, each one provides solid coverage of a specific investment topic – I particularly liked the “Common Sense Investing” (which covered index funds) and “Value Investing” entries in the series. This one, Main Street Money , may be my favorite of the lot. Instead of looking deeply at a specific investment strategy, Jonathan Clements (the author, and long time Wall Street Journal columnist) instead looks at how real people actually invest. For almost all of us, carefully following an investment strategy isn’t the center of our lives. Investments aren’t our life, they’re a way to protect our money and build a little more without consuming our lives with research and worry. Clements’ book offers twenty one simple truths for this type of real-world investing and personal finance in general, and he does it in a very engaging way. Let’s dig in. Our Finances Are Bigger than a Brokerage Account Many people (at least those on stable financial ground) often associate their personal finance success entirely with their investments.

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