by Pam on December 26, 2011
The Cheapskate Next Door: The Surprising Secrets Of Americans Living Happily Below Their Means by Jeff Yeager
As a fellow cheapskate, I have to admit I absolutely loved The Cheapskate Next Door
. I sat down and read it all in one day as it was truly humorous and captured my full attention. A witty personal finance book is hard to come by so I wanted to highlight this book in particular, as it is both informative and entertaining simultaneously.
The author, Jeff Yeager (who is also a cheapskate) travelled around on his bicycle and visited a whole bunch of other cheapskates. He stayed in their homes and got a chance to learn some of their money saving tricks. He also compiled data from a huge survey that he had self-professing cheapskates fill out. I want to share just a few of these tidbits with you to whet your appetite so that you will want to read this book, too.
[click to read…]
by Pam on November 18, 2011
The New Frugality: How To Consume Less, Save More, and Live Better by Chris Farrell
The New Frugality
is an easy to follow personal finance book that is written specifically for Americans. The author provides some real insight on what is happening today and he suggests that Americans are definitely changing their behaviors toward money. Rather than spending recklessly and borrowing more than they can afford to pay back, he believes Americans are getting back on the right track and becoming more financially responsible. He calls this change “the New Frugality”.
[click to read…]
by Pam on October 10, 2011
Building Wealth With Silver: How to Profit from The Biggest Wealth Transfer in History by Thomas Herold
I just finished reading Thomas Herold’s book entitled Building Wealth with Silver
and it really brings to light what is happening today in the world’s economy. It is frightful, but Herold emphasizes that the key is to be prepared for what is to come by educating yourself.
[click to read…]
by Pam on September 14, 2011
The Wealth Cure: Putting Money In Its Place by Hill Harper
The Wealth Cure
has got to be one of the best books I have read regarding wealth and personal finance. It is inspiring, encouraging, and insightful. The book is not just about money and how to save it, spend it, etc. Instead, it’s about living a meaningful life and how money plays a part in that.
[click to read…]
I recently skimmed Suze Orman’s book entitled The 9 Steps to Financial Freedom
and Step 5 caught my attention, which is to be respectful of yourself and your money. The concept of respecting your money may sound a bit strange, but the way Suze describes it makes sense.
Respecting your money means taking care of it properly. To quote Suze: “Your money is governed by how you treat it: it’s that simple. It thrives when you are being responsible, respectful, and doing honorable things with it.”
In other words, don’t abuse it and it will actually take care of you. Spend money within your means rather than spending more than you earn. Be honest with what you have rather than pretending you are rich.
[click to read…]
The Automatic Millionaire: A Powerful One-Step Plan To Live And Finish Rich by David Bach
If you want to become a millionaire without ever having to create a budget, be disciplined or live extremely frugally, I would recommend that you read Davd Bach’s book entitled The Automatic Millionaire
. In his book, the author suggests that anyone, regardless of their income, can become a millionaire in their lifetime.
You may be wondering how this could be. Well, Bach suggests that you set everything up automatically and then you are free to just live. For example, set up automatic contributions into your retirement savings account and your emergency fund savings account. Set up automatic biweekly payments into your mortgage, and so on.
[click to read…]
Taming Personal Debt by Paul Sampson
I recently picked up Taming Personal Debt
from my local library and found it an easy to read, helpful guide for those who are struggling with debt. The book only takes about an hour or two to read and it covers everything from recognizing your debt issues to dealing with creditors.
[click to read…]