Better Ways to Manage Your Finances – Holiday Shopping Guide

Money TreeDo you have a friend or family member who regularly immerses him or herself in managing their investments, balancing the checkbook, or setting personal fiscal goals and budgets?  We know some people like that, too!  AFRMortgage.com has been busy holiday shopping in hopes of feeding these passions even more and we wanted to share some of our findings with you.

1. Magazine Subscriptions. If they’re not already subscribed to every money-related magazine out there, then this might be a great idea for you.  These are generally delivered each month and help fulfill the need for more financial news and information.  Some ideas for subscriptions are: Forbes, Fortune, Money Magazine, SmartMoney, Kiplinger, Young Money, The Economist, and Business Week.

2. Finance Books.  There are a ton of great books out there for personal home finance obsessors.  Check out your local book store to see which ones look like the best fit.  Or you can search through a website like Amazon.com.  What you choose will depend on age, lifestyle, experience, etc.  For instance, you can get “Personal Finance for Dummies,” “Finance for Nonfinancial Managers,” or “Barron’s Finance and Investment Handbook” depending on how deep you think they want to go.  The Motley Fool books can be a down-to-earth and fun read for someone more casually interested.  They even have a Motley Fool Investment Guide for Teens to help the kids follow in Dad or Mom’s footsteps!

3. Personal Finance Software. Your budget obsessed friend or family member might appreciate a tool they can use anytime they sit down at their computer.  Whether you get them Quicken, Microsoft Money, or something more specific like Budget Express, they will appreciate the opportunity to easily stay organized.

4. Home Finances Organizer Notebook. For the old-school budgeter, you might want to check out a personal budget organizer.  You can find one with paper and pockets where you can file your monthly paid bills, keep notes, reminders, appointments, and records organized by day and month.

5. Board Games!  This one will be fun for the whole family (or at least fun for the finance-oriented person.  Everyone else can humor them and play along).  Monopoly is the obvious choice but most people already have this one. There’s also Monopoly for Kids, Rich Dad Cashflow (or Cashflow for Kids), Stock Rush, I’m Debt Free, GoVenture, or Acquire.  These all have a slightly different emphasis – spending money, building business, or real estate investing – but they are all fun for group play and will satisfy the financial interests of the recipient.

These are just a few ideas we came up with while brainstorming gifts for our finance loving friends.  Please share your own ideas with us so we can expand our wish list and learn a thing or two about what fun finance products are out there.

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