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book review

Book Reviews

The New Frugality – Book Review

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”.

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Book Reviews

What Can I Do About Inflation? Read Building Wealth With Silver To Find Out

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.

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Book Reviews

You Need To Read The Wealth Cure

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.

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Book Reviews

Do You Respect Your Money?

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.

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Book Reviews

How To Become An Automatic Millionaire

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.

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