|A bathroom shot with $2.00. This is called "class", my friends.|
I loved it. So I was a little intimidated during the first few chapters. We spend too much! We are living on more than 15% of our income! We will never be out of debt! But then I had a pep talk with myself and I read it with a more hopeful perspective.
I have been dreading writing a review for this one because there is SO MUCH I could say and want to say about it, but instead I will say the top three things I learned from it:
1. People who are in good financial shape do not have the nicest, showiest, newest, most abundant things. That is WHY they are in good financial shape.
2. We should not just live within our means, but well below our means.
3. If we really love our kids, we will NOT allow them to be financially dependent on us (as adults, obviously), because statistically, the more money they are given the less productive they will be, and ultimately the worse off they will end up (both financially and in other areas of their lives).
I am obsessed with budgeting. Ever since I took math 108 in college (I was one of two seniors in a class of freshmen. Oh yeah.) and had to use a budgeting excel sheet for a project, I've been a slave to the ol' budget. I do it old-school, though, on an actual piece of paper with a pen. It has been a huge blessing in my life and in our family. I kind of thought I was a weirdo and maybe spending too much time planning our finances, but this book validated me so much. Every second I spend adding and subtracting, tallying and balancing, I am helping our family become that much closer to financial independence and real wealth.
It was also so validating to read that people who are confidant - not only financially - but just in life, do NOT buy lots of things. I've been a little intimidated before by couples who are around our age who just have the nicest toys... brand new cars, huge houses, designer clothes, huge TVs, etc., and while they MAY be financially independent, statistically they are probably slaves to their paychecks and wouldn't be able to survive if things took a turn for the worse and they lost their income. Big hat, no cattle"as the book would say.
ANYWAY. Please read this book. I guarantee you will not regret it!
Are you a budgeteer? Does it drive you nuts like it does my husband? Budgeting is like... his personal hell. But I love it.