Larry Winget is a best selling author that is known for his no nonsense style and sometimes brutal prose. His latest book is quite a read and true to form, the man talks tough. However, if you need a wake up call to stop overspending, this is definitely a great place to start. You won’t be getting a pep talk so much as a tongue lashing, but if you follow the advice, it will pay off.
Winget’s main concern is that American’s are overspending at an astounding rate. On the flipside he also suggests that many of us are under earning as well. When you combine these two factors, you have a recipe for disaster. More than half of the population of this country is living paycheck to paycheck and if we keep overspending, we will end up in big trouble.
To solve this issue, Winget delivers some harsh criticism and as well as some helpful hints on how to get your life and your budget back on track. Many of the tidbits are useful, but most of this book contains advice that has already been given before, by many different authors. The main difference is that none of them put it quite this way. Sometimes, it takes someone like Winget to get the point across, and he does this quite effectively.
The best audience for this book are those in their mid 20’s that are starting to wonder why they never have any money in the bank at the end of the month. The author admits that the book will not help people that are truly poor, and this is not the audience he is seeking. He is looking to help those of us that make decent money but can’t seem to make it stretch throughout the month.
Since there are literally millions that fit this description, that was a wise choice by the author to target this demographic. Those with disposable incomes that are disposing of far too much will really appreciate this book and the advice, if they can get past the author’s tone. While we understand that sometimes it takes a tough approach, the author does come off as a bit of a bully at times. This could be alienating the audience he is seeking.
However, this is a good book, particularly because it discusses ways of increasing your income, either through your current job or by setting up multiple streams of income. While it does focus on frugality to a large extent, this premise of getting into a little debt to make more money is a solid one.
We recommend this book, especially to those that are just starting out and trying to figure out what their budget should be. This book offer invaluable information for that demographic. For everyone else however, while there are a few good tips, you may end up feeling left out. Nonetheless, it is an interesting read that gets the job done.
Originally posted 2008-09-12 05:20:17. Republished by Blog Post Promoter
Related Posts -
Book Review: You Don't Have to Be Rich By Jean Chatzky Can a book about lowering your financial expectations be any good? We were intrigued by the premise of this book and decided to give it a try. It was a bit surprising in some places, and a little disappointing in others, but overall it was a very interesting read that...... - A Million Bucks By Thirty Review By Alan Corey Everyone loves a true rags to riches tale, and although we’ve had some with the dot com boom, there were few that echoed the stories of immigrants that moved to the big city with a pocket full of pennies and a dream. We were thrilled to read this book and......
-
Personal Finance Credit Crunch Budgets are unfortunately quite the necessary evil when it comes to managing your own personal credit crunch. Everyone is going through a credit crunch, even those who have relatively healthy credit. The only practical way to keep yourself financially stable in this volatile market is to get a grip on...... -
Start Saving Money Today Here are five ways that you can begin to save money, beginning today. Americans are not saving enough money in this day and age to help ensure their stability financially. If you have enough money in your savings account, then it is going to be able to protect you from...... - Review of the Millionaire Mind Thomas J. Stanley's follow-up to his well-received book The Millionaire Next Door, follows a pretty interesting premise. It basically picks the brains of millionaires to find out how they got their wealth and how they keep it. It certainly offers an interesting read and I do recommend it, but not......
Related Websites - Harmonic Wealth: The Secret of Attracting the Life You Want by James Arthur Ray There are dozens of books, if not hundreds, on the market to help you achieve success and make all of your goals obtainable. However, most are pretty much claptrap that you've already heard before and few offer any real advice that you couldn't get for free. Let's see if Harmonic......
- Bass Tactics By Larry Larsen Larry Larsen has built up a reputation as one of the most talented bass fisherman in the world and now he’s going to share all of his secrets. That sounded pretty good and sure piqued our interest in this book. Bass fishing can be tricky, and it’s always great to......
- The Essentials of Living Aboard a Boat By Mark Nicholas If you've been considering making that transition towards living aboard, this is the go-to resource for everything you'll ever need to know. We highly recommend this book since it does go into such detail that all of your questions should be answered. It was nice to find a resource that......
- Book Review: Insulate and Weatherize - Expert Advice from Start to Finish By Bruce Harley As energy costs continue to rise, many homeowners are starting to get serious about how much money they are wasting on home heating costs. In reality, if your home is poorly insulated, and you have not taken the steps to weatherize it properly, the fact is, your money is going......
-
Acoustic & Digital Piano Buyer: Supplement to The Piano Book User Reviews Send this to a friend Acoustic & Digital Piano Buyer: Supplement to The Piano Book Manufacturer: Brookside Press Customer Rating: List Price: $24.95 Sale Price: $16.47 Availibility: Not yet published Free Shipping Available Buy Now Product Description The latest supplement to the pianist's must-have reference The Piano......
- Book Statues & Yard Art Garden Décor Yard, Garden & Outdoor Living Nursery
- Standard Process Canine Supplements & Diet Exercise & Fitness
- Main Valves Watering Equipment Gardening & Plants Yard, Garden & Outdoor Living
- Chevron/Standard Oil Gas & Oil Companies Gas & Oil Advertising Collectibles
- Easy To Read Rain Gauges Garden Decor Yard, Garden & Outdoor Living
Categories:
Book Review, Debt, Financial Security, Money, Personal Finance, Standard of Living
Tags:
0 comments ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment