A friend recommended this. It had some good advice and some that seemed a little dated (and some that is about 30 years too late). It had some good and practical tips so was worth my time.

Basic, could have been summarized in one sentence: automate savings each month to avoid wasting your money. A lot of details about American 401Ks and similar accounts, which is not very useful to European listeners.

Essentially: pay yourself i.e. save and invest first by using automatic payments. The rest of the book is savings math, success stories and summary information about IRAs and other types of investments.

It's a beginner-intermediate level personal finance book. Taking it into that context it is a great book to read and a philosophy I followed before reading it. Recommended for those learning about managing money.

There are so many recommendations about how to manage your money and invest it in housing, and set up retirement or IRA funds. It's a book that I could probably revisit in the future. And to be completely honest, I am not the best at financing, which is the very reason why I decided to read this book in the first place. So I think it's a really good book to start with, then go delve deeper into the subject with other books on the topic.

Corto, práctico, sin técnicas de marketing ni relleno. Muy útil. De los mejores libros de finanzas personales que he leído, lo recomiendo.

Interesting stories. Practical method and calculation.

Practical advices and tools to use.

Again, what readers need to remember is saving their money. And hide it from yourself.

Simple easy to read with straightforward concepts. I have applied many of these myself and working on doing more as a couple. I also learned about a new method for charity giving that I plan to look into further. Great advice for anyone looking for an easy solution to save more and retire sooner!

Slightly dated, but a lot of really really good financial advice.

This book had some good tips - mostly about paying yourself first.

I guess this might be a good place to start if you know nothing about finances at all. However other books do it better. I like the idea of paying yourself first - I think I just like Ramit Sethi's approach a bit better, where you pay yourself first but have a "conscious spending plan" instead of focusing on "The Latte Factor."
(I think it is important to monitor the small stuff and make sure the spending doesn't get out of hand, but I don't make it my primary saving strategy.)


I also flat-out disagree with some of the stuff that is said:
- "Homeowners get rich; renters get poor"
- "You can't get rich renting"
- "The fact is, you aren't really in the game of building wealth until you own some real estate"
- "...buying a place to live [...] needs to be a priority"

He says all this before going into how to get a mortgage. And hey, don't worry if you can't afford a sizeable down payment, just pay the CMHC some more of your hard-earned money. It's fine because you'll get to be a ~*homeowner*~.
And don't forget to use 20K from your RRSP towards the purchase! Get your partner to do the same! Yes, rob your RRSP of all that potential compound interest....

AND THEN he goes on about "How you can get ripped off by a 25yr mortgage"
Uuuummmmm I though homeownership was gonna get you rich?
"During the first 10yrs of your loan, more than 90% of your payments go to pay interest. [...] Millions of Canadians with 25yr mortgages are wasting a fortune paying for their homes this way. [...] With a mortgage like that, you spend the first 10yrs working hard for the bank but building little equity for yourself."
He goes on to describe how paying your mortgage biweekly instead of monthly can make a huge difference (*a GOOD point, in his defence*).
But with homeowners paying so much simply on interest (nevermind that they also have to pay for land transfer taxes, closing costs, maintenance fees and repairs, property taxes, etc....) can't it be argued that homeowners also "throw away" a lot of money?
For a lot of people, I agree that a mortgage can be a good forced-savings plan. However, sometimes renting can be the right call (try reading The Wealthy Renter).


Also, the book hasn't aged well in some respects... "there's hardly ever any foreclosures," he says, right before the housing bubble bursts and the great recession begins

If you are american, you'd probably enjoy reading/listening to this. If not, you can skip this one. The only rule applied to us europeans is that you should pay yourself first, and that's pretty much the only thing you will learn from this book.