Big Money Energy: How to Rule at Work, Dominate at Life, and Make Millions

Title: Big Money Energy: How to Rule at Work, Dominate at Life, and Make Millions

Author: Ryan Serhant

Hardcover: 240 pages

Publisher: Hachette Go

Publishing date: Feb. 2, 2021

Who is this book for? 

Anyone who is ambitious enough to dream big and willing to learn how to achieve the one thing they can always control: the energy they give off.

What’s inside this book?

Serhant’s rags-to-riches story, which includes the steps he took to pick himself out of the low-rent life and move upward until he earned his first million.
An in-depth look at how pure energy can change the direction of your life.
A lively guide for how to attain “Big Money Energy” and reach your goals.

5 lessons you’ll learn from this book: 

  • The significance of the energy you give off and how it directly impacts every area of your life.
  • Why anyone can climb the ladder of success, regardless of their life circumstances.
  • How to exude confidence in any situation.
  • How to take control of your life and achieve your deepest ambitions.

3 questions this book will answer for you: 

  • What is Big Money Energy and how can I bring it into my life?
  • Do I need to accept an average life?
  • Is it possible to dream too big?

What people are saying about this book: 

  • “Big Money Energy is like a mentor for anyone with a big dream they want to make a reality! Ryan Serhant guides readers to find their confidence, overcome self-doubt and exceed their own expectations.” ― Barbara Corcoran
  • “This book isn’t just about changing your energy — it’s about taking control of your life. Big Money Energy provides an actionable blueprint that readers can use to create positive change now.” ― Mel Robbins
  • “Big Money Energy is the ultimate primer for success. Ryan Serhant shows readers how to exude positive energy, own a room and make their biggest dreams a reality.” ― Daymond John
  • “In Big Money Energy, Ryan Serhant shows readers that when positive energy is mixed with self-confidence and topped off with a heavy dose of hustle… anything can be achieved.” ― Sophia Amoruso

Your Turn: What did you think of Big Money Energy? Share your opinion in the comments.

Know Yourself, Know Your Money

Title: Know Yourself, Know Your Money: Discover WHY you handle money the way you do, and WHAT to do about it!

Author: Rachel Cruze

Hardcover: 272 pages

Publisher: Ramsey Press

Publishing date: Jan. 5, 2021

Who is this book for? 

Anyone who’s ever wondered why they make the money choices they do and how they can change them for the better.
Anyone who has ever tried to understand why the people in their lives make the money choices they do.

What’s inside this book?

The introduction and explanation of the 7 Money Tendencies:

1. Saver or Spender

2. Nerd or Free Spirit

3. Experiences or Things

4. Quality or Quantity

5. Safety or Status

6. Abundance or Scarcity

7. Planned Giving or Spontaneous Giving

New ways to understand how your parents, your fears and your beliefs impact your money mindset.

5 lessons you’ll learn from this book: 

  • Where you land on the scale of the Seven Money Tendencies and why it matters.
  • Which of the Four Childhood Money Classrooms shaped your money mindset.
  • How the Six Core Money Fears can drive your most common money mistakes.
  • Why you handle money the way you do, and what to do about it.
  • How to take control of your money to achieve financial freedom.

3 questions this book will answer for you: 

  • How does my childhood impact the money choices I make today?
  • Why do I constantly make money mistakes?
  • How can I change my money mindset for good?

What people are saying about this book: 

  • “Rachel does such a great job of getting to the root of why we make the money decisions (and mistakes) we do. This book is a self-discovery necessity.” — Marcus Buckingham
  • “I have often said if you want to understand someone, look at their checkbook and their calendar. How we spend time and money says a lot about who we are. Rachel goes deep into unraveling that mystery.” — Dr. Henry Cloud
  • “We’re all faced with the responsibility of managing finances. Rachel Cruze dives deep into why we interact with money the way we do… so you can make real progress toward your money goals!” — Candace Cameron Bure
  • “This book will not only change your money habits, it will also improve your relationships — and your life!” — Christine Caine

Your Turn: What did you think of Know Yourself, Know Your Money? Share your opinion in the comments.

Rewire for Wealth: Three Steps Any Woman Can Take to Program Her Brain for Financial Success

Title: Rewire for Wealth: Three Steps Any Woman Can Take to Program Her Brain for Financial Success

Author: Barbara Huson

Hardcover: 256 pages

Publisher: McGraw-Hill Education

Publishing date:  Jan. 12, 2021

Who is this book for? 

  • Women who’ve gotten a harsh financial wake-up call.
  • Women who want to learn about money management to be financially independent.
  • Women who have always been intimidated by money.
  • Women who think they’re just not “wired” to handle money well.

 What’s inside this book?

  • Huson’s story of how the men in her life handled her money and then hung her out to dry when things got tough.
  • A physiological explanation for why men and women often have very different approaches toward money management and wealth growth.
  • Huson’s revolutionary approach toward changing financial habits.

Five lessons you’ll learn from this book: 

  • How to apply a proven three-step formula ― recognize, reframe and respond differently ― to rewire the brain for a more confident approach to wealth building.
  • Why women often process financial information in a detrimental way.
  • Why every woman needs to know about financial planning.
  • How to eliminate damaging financial behavior.
  • How women can empower themselves to build wealth.

Four questions this book will answer for you: 

  • Why do all the men in my life have such a vastly different approach toward money than I do?
  • Is there a way for me to rewire my brain to process information differently?
  • Will I be stuck in a financial rut forever?
  • Which obstacles are standing between me and financial empowerment?

What people are saying about this book:

  • “If mastering your money feels daunting, you need this book. Barbara expertly exposes what could be holding you back with simple, practical solutions to finally rewire your thinking and truly build a wealthy life.” — David Bach
  • “Barbara Huson is the unequivocal leader in helping women rewire themselves for wealth. This book will go down in history as a total game changer for us.” — Ali Brown
  • “This book will change your life, if you let it.”— Marci Shimoff
  • “Barbara Huson has done it again. By digging into the ways women think about money differently than men do, she is able to chart a path toward lifelong security — and wealth.” — Jean Chatzky

Your Turn: What did you think about Rewire for Wealth? Share your thoughts with us in the comments.

Pass It On: Transferring Wealth, Wisdom, and Financial Smarts to Future Generations

Title: Pass It On: Transferring Wealth, Wisdom, and Financial Smarts to Future Generations

Authors: Lori B. Gervais and Roger G. Gervais

Paperback: 268 pages

Publisher: Lioncrest Publishing

Publishing date:  Oct. 9, 2020

Who is this book for?

  • Parents planning for their children’s financial futures
  • Those wanting to further their own financial knowledge and skills
  • Readers who are or will soon be starting a family

What’s inside this book?

  • Clients’ stories of talking to children about managing wealth
  • Tips on how to begin the conversation about preserving the family fortune
  • Lessons on transferring family values, as well as transferring wealth
  • Instructions on preparing children to inherit responsibility as well as money
  • The authors’ personal experiences both in growing up and in raising their own children

Lessons you’ll learn from this book: 

  • How to speak to children about preserving your family’s wealth
  • How to ensure your personal values concerning your money are maintained
  • How to instill responsibility
  • How to use money for creating a great positive effect on your community and future generations
  • How and why financial literacy must be addressed within the family

Questions this book will answer for you: 

  • How do I prepare my children to manage their inheritances?
  • How can I maintain my family values while also transferring family wealth?
  • How do I introduce the topic to my family?

What people are saying about this book: 

“Managing money and finances can be some of the most challenging concepts for any family to navigate. I love the way the authors break it down and give us ways to help not only as a couple managing finances…more importantly equipping us with tools to help educate our family, setting us up for success for the future.” — Tara Gundrum

“…Pass It On, provides a financial framework that all of us can customize to meet our financial and life objectives. It goes well beyond wealth management or estate planning, providing clear, practical and actionable guidance we can all apply to virtually any financial matter. A must read.” — H. Edward Wynn, author of We the People: Restoring Civility, Sanity and Unifying Solutions to U.S. Politics

“Many parents fear leaving their kids’ substantial wealth. It can be difficult to know if they will be good stewards of what you leave them. If you are looking to learn a path and framework for passing on wealth and wisdom to those you care about, you will want to check out this book.” — Timothy J. McNeely, CFP CIMA

Your Turn: Tell us how you’ve used the advice of “Pass it On” in your own life.

The Path: Accelerating Your Journey to Financial Freedom

Title: The Path: Accelerating Your Journey to Financial Freedom

Authors: Peter Mallouk, Tony Robbins

Hardcover: 320 pages

Publisher: Post Hill Press

Publishing date:  Oct. 13, 2020

Who is this book for?

  • Wannabe investors of any age or stage
  • Experienced investors
  • Readers seeking financial freedom

What’s inside this book?

  • A step-by-step guide for achieving financial freedom
  • Strategies for mastering your money from an award-winning financial adviser and an expert business strategist
  • Real-life success stories from experienced and beginner investors

5 lessons you’ll learn from this book: 

  • How markets behave and how to maintain peace of mind during times of volatility
  • How to chart a personalized course for financial security
  • How to select a financial adviser who prioritizes your own interests
  • How to navigate, select or reject the many types of investments available
  • Why success without fulfillment is the ultimate failure

4 questions this book will answer for you: 

  • What does the financial service industry not want me to know?
  • How can I achieve true fulfillment?
  • Is this a good time for me to start investing?
  • Can I still master my money at a late stage in life?

What people are saying about this book: 

  • “Peter Mallouk’s tour of the financial world is a tour de force that’ll change the way you think about money.” — Jonathan Clements
  • “Robbins is the best economic moderator that I’ve ever worked with. His mission to bring insights from the world’s greatest financial minds to the average investor is truly inspiring.” — Alan Greenspan
  • “Tony is a force of nature.” — Jack Bogle

Your Turn: Have you read The Path? Tell us what you found to be the most valuable advice or benefit of the book in the comments.

Die with Zero: Getting All You Can From Your Money and Your Life

Diw With Zero: Getting all you can from your money and your life
Author:
Bill Perkins
Hardcover: 240 pages
Publisher: Houghton Mifflin Harcourt
Publishing date: July 28, 2020

Who is this book for?

  • Readers of any age who are tired of losing out on life’s best experiences as they save for their so-called Golden Years.

What’s inside this book?

  • Perkins’ controversial philosophy for prioritizing lifelong memorable experiences over hyper-saving for retirement
  • A practical guide for optimizing and enjoying each stage of life
  • Illustrative anecdotes from Perkins’ own life experience and inspiring tales of others
  • Revolutionary insights about time, money, and happiness from psychological science and behavioral finance

5 lessons you’ll learn from this book:

  • How to live each day to the fullest
  • How to stop over-saving and under-living
  • How to maximize your memorable lifetime moments by “experience bucketing”
  • How to convert your earnings into priceless memories by following your “net worth curve”
  • How to navigate whether to invest in, or delay, a meaningful adventure based on your “spend curve” and “personal interest rate”

4 questions this book will answer for you:

  • If I’m doing everything right, why am I feeling cheated out of life’s best moments?
  • Do I really have to forego an experience today to save for tomorrow?
  • Is there a way to responsibly plan for retirement without compromising my quality of life?
  • Does contemporary science support the theory that a life of saving brings happiness?

What people are saying about this book:

  • “This book provides an amazing blueprint to living your life while using your resources correctly!” — Kevin Hart
  • “Bill Perkins’ Die with Zero teaches us how to trade off money for something of real value — life’s moments of pure joy, whose memories are our ultimate treasure.” — Laurence Kotlikoff
  • “This book brilliantly gives one a roadmap for living life over planning for death, for making a difference while you’re here to see that difference become real, and for generating priceless memory dividends with friends and family which far exceeds the value of any portfolio.” — W. Randall Jones
  • “Read this book, change your thinking, and wake up to accumulating experiences now before it’s too late.” — David Bach

Your Turn:
Do you agree with Perkins’ philosophy? Share your opinion in the comments.

Learn More:
New Releases on Amazon
Die With Zero on Amazon

Hustle Harder, Hustle Smarter

Curtis jackson AKA 50Cent Hustle Harder Hustle SmarterThis book at a glance:
Title: Hustle Harder, Hustle Smarter
Author: Curtis “50 Cent” Jackson
Hardcover: 304 pages
Publisher: Harper Collins Publisher
Publishing date: April 28, 2020
Average customer review: 4.6 out of 5 stars

Who is this book for?

  • Anyone seeking change in their professional life, but afraid to make the leap
  • Readers who want an inside look at the music business and the cutthroat world of Hollywood.
  • Die-hard fans of 50 Cent, who find his life story interesting and inspiring

What’s inside this book?

  • Jackson’s personal account of how he pivoted from platinum-selling rap artist, to producer and star of the hit crime drama, “Power”
  • Lessons Jackson learned about embracing change
  • Advice on how to successfully change career paths

5 lessons you’ll learn from this book:

  • How to build on the lesson of “Fear nothing and you shall succeed,” as Jackson shared in his bestselling book, The 50th Law
  • How to flow with changes that disrupt your life
  • How to endure personal loss without breaking
  • No one is locked inside his or her career.
  • Change is always possible.

4 questions this book will answer for you:

  • How can I leave an unfulfilling job without risking my financial stability?
  • What do I need to do before embarking on a career change?
  • How can I move on after personal challenges?
  • Is a lack of fulfillment a reasonable price to pay for financial health?

What people are saying about this book:

  • “He has shown he can survive in this ever-changing world.”
  • “This is a really quick and great read.”
  • “Action-packed”
  • “Perhaps the best thing was learning some of the very practical strategies Jackson employs to control situations and succeed. This book is also very entertaining as he spills some tea about people he has had issues with in the past.”
  • “Definitely recommended”

Your Turn:
Have you read the most recent book by Curtis “50 Cent” Jackson? Tell us what you loved about the book in the comments.

Learn More:
amazon.com
goodreads.com

The Behavior Gap: Simple Ways To Stop Doing Dumb Things With Money

The Behavior Gap - Simple Ways to Stop Doing Dumb Things with MoneyEveryone loves to pin their financial troubles on a tanking economy or an unstable market. But let’s face it: We have no one to blame but ourselves for the decisions we make about money. And we often have no idea why our noble intentions fall flat when we make financial choices.

In The Behavior Gap, Carl Richards aims to help us understand this puzzle and to change our lifelong financial habits. As he puts it, “Financial success is more about behavior than it is about skill.”

Richards is a financial planner who has watched his clients make the same inane mistakes with their money again and again. He saw the way they’d let circumstance and emotion dictate financial decisions and obliterate all sensibility. Richards termed this discrepancy between people’s good intentions and what they actually do, “the behavior gap.” He discovered that, once people understood this gap and what drives it, they are empowered to make the right choices and follow through on their goals.
In the pages of The Behavior Gap, you’ll learn how to:

  • Avoid the inclination to buy high and sell low
  • Simplify and automate your financial life
  • Ignore generic financial advice
  • Invest your assets more wisely
  • Stop wasting money and time on senseless pursuits
  • Identify your true financial goals
  • Have meaningful conversations about money

No matter where you stand financially, it’s never too late to start over. As Richards writes: “We’ve all made mistakes, but now it’s time to give yourself permission to review those mistakes, identify your personal behavior gaps, and make a plan to avoid them in the future. The goal isn’t to make the ‘perfect’ decision about money every time, but to do the best we can and move forward.”

In The Behavior Gap, you’ll find the tools you need to rein in the emotional monster within and train it to abide by the financial rules you’ve always wanted to follow. Richards has an engaging writing style that will keep you captivated until the last word.
Some critics complain the book does not dig as deeply into behavioral economics as it seems to promise and that it is only a beginner-level personal finance book.

Most readers, though, have nothing but praise for The Behavior Gap and its enlightening message.

Your Turn:
Do you often regret your money choices? Do you think there is really a large gap between intentions and behavior? Share your thoughts with us in the comments.

Learn More:
bakadesuyo.com
amazon.com
goodreads.com

Book Review: The Latte Factor: Why You Don’t Have To Be Rich To Live Rich

The Latte Factor cover - white cup on saucer full of coffee with a dollar sign drawn in the cremeIf personal finance books make your eyes glaze over, but you can never say no to a page-turning novel, this book was written for you.

In The Latte Factor, best-selling author David Bach and co-writer, John David Mann, present a personal finance book that reads like a novel. It tells the story of Zoey, a young woman in her 20s who is perpetually struggling to make ends meet. Like many of her contemporaries, Zoey is weighed down by staggering student loan and credit card debt.

Though she’s working in New York City at her dream job, she can never seem to get ahead of her expenses. When Zoey’s boss suggests she get acquainted with Henry, the barista at the coffee shop Zoey loves, she has no idea how significantly this connection will change her life.

Henry is an elderly gentleman who is working at a relatively low-level job, but has built himself a comfortable cushion of savings. He shares his three primary principles of financial freedom with Zoey, which she immediately dismisses as nonsense. Soon, though, she comes to appreciate that small but significant changes in her daily routine can make a huge difference in her finances. She learns to adapt Henry’s principles: Pay yourself first, make savings automatic and live the life you want today. Slowly, she makes the changes she needs in her life to achieve financial freedom.

Bach draws on his decades of experience counseling clients through debt and toward a life of responsible money management to build a realistic story that is both engaging and enlightening. You have to believe he’s helped many “Zoeys” along the way.

Some readers are uncomfortable with the fact that Zoey is portrayed as a caricatured female who does not know how to handle her money and that the book is essentially badly disguised “mansplaining” in a way that talks down to women. Others, though, have found The Latte Factor to be a fun book that leaves readers with lots to think about.

Do you have to be rich to live rich? Read The Latte Factor and find out today!

Your Turn:
Have you read The Latte Factor? What did you think about this book? Share your thoughts with us in the comments.

Learn More:
goodreads.com
policygenius.com
amazon.com

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Book Review: You Need A Budget

You Need a Budget book coverYou Need A Budget: The Proven System For Breaking The Paycheck-to-Paycheck Cycle, Getting Out Of Debt, And Living The Life You Want

How do you budget? Do you follow the 50-30-20 rule? Are you careful to pay yourself first? Do you tweak your budget each month to suit current needs and then play catch-up when you inevitably fall behind?

Or maybe you’re one of the thousands of people across the globe who have embraced the You Need a Budget (YNAB) approach and changed your relationship with money forever.

The YNAB methodology was introduced years ago through specialized software and a series of lectures by its creator, Jesse Mecham. Now you can read all about this brilliant budgeting method in the Wall Street Journal’s bestseller, You Need a Budget. There’s no need to purchase software or attend classes to incorporate the YNAB platform; it works perfectly well with an old-fashioned spreadsheet or even paper and pencil.

YNAB stands apart from most budgeting advice because of its innate flexibility. While traditional budgeting wisdom advocates using specific percentages of your income for different spending categories, Mecham is careful not to tell you what to do with your money. Instead, he encourages readers to design their own plans using YNAB’s Four Rules:

  • Give Every Dollar A Job. Designate a specific task for all the money you earn.
  • Embrace Your True Expenses. Budget for expected, but irregular, expenses like car repairs, insurance premiums and holidays. By building these into your budget, the large, occasional bills won’t throw you for a loop.
  • Roll With The Punches. Life is inherently dynamic, and your budget must follow suit. A flexible budget is sustainable and realistic.
  • Age Your Money. When you incorporate the first three rules, you’ll start having more funds to spare. Learn to stretch the time between earning a dollar and spending it so you can shatter the paycheck-to-paycheck cycle for good.

In You Need a Budget, Mecham examines those rules in detail while exploring the priorities that might be shaping your budget. He talks about budgeting as a couple, sharing expenses and teaching your kids about money management and financial responsibility. The book is packed with actionable advice and tips, and is sprinkled with personal accounts of people who have embraced the YNAB approach to budgeting.

Some readers don’t like the fact that the last of the four rules has been changed from “Live on Last Month’s Income” to “Age Your Money.” They claim the old rule was more measurable and effective and that the new one is too vague and harder to implement.

Most readers, though, find the book to be fascinating and transformative. If you’re wondering why thousands of people are avid followers of the YNAB budgeting platform, and you’re longing to stop living hand-to-mouth, read this book.

Your Turn:
Do you follow the YNAB approach to budgeting? Share your experience with us in the comments.

SOURCES:

https://money.usnews.com/money/blogs/my-money/articles/best-personal-finance-books-to-read

https://www.sixfiguresunder.com/you-need-a-budget-book-review/

https://www.amazon.com/You-Need-Budget-Paycheck-Paycheck-ebook/dp/B071Y2XSFN