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Best money book for Christmas
al_yrpal
Posts: 339 Forumite
I have read quite a few books on the subject of money, and for me one stands out above the others - 'The Millionaire Next Door'. Its an American book,but its unusual because it is actually based on some academic research on Millionaires.
Just as an example, the authors invited millionaires to a swanky hotel to ask them questions (for a fee), and laid on Champagne and smoked salmon etc. When they turned up in their two year old cars, wearing their Marks and Spencer type suits, the millionaires were generally dismisive of the champagne, preferring a beer and a sandwich.
This book, although a bit repetitive in parts, is a great motivator, it debunks the often marketed pointless lifestyle fed by debt. As you struggle your way out of debt, it describes a new way of living with which the majority of people can change their lifestyle and thinking to become seriously rich.
What other money book (besides Martins) would you put on your Christmas list?
Just as an example, the authors invited millionaires to a swanky hotel to ask them questions (for a fee), and laid on Champagne and smoked salmon etc. When they turned up in their two year old cars, wearing their Marks and Spencer type suits, the millionaires were generally dismisive of the champagne, preferring a beer and a sandwich.
This book, although a bit repetitive in parts, is a great motivator, it debunks the often marketed pointless lifestyle fed by debt. As you struggle your way out of debt, it describes a new way of living with which the majority of people can change their lifestyle and thinking to become seriously rich.
What other money book (besides Martins) would you put on your Christmas list?
Survivor of debt, redundancy, endowment scams, share crashes, sky-high inflation, lousy financial advice, and multiple house price booms. Comfortably retired after learning to back my own judgement.
This is not advice - hopefully it's common sense..
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Comments
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I read quite an interesting one recently, again it was American but the advice works here too.Cant remember who it was by but it was called "how to get out of debt, stay out of debt and live prosperously" and am now reading "the idiots guide to living on a budget"Do what you love :happyhear0
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Besides reading the money diet I have also read the following and found them all to be good:
What not to spend - Alvin Hall
ISBN 0-340-895-25X
The Money Secret - Rob Parsons
ISBN 0-340-86277-7
Your Money or your life - Alvin Hall
ISBN 0-340-82320-8
Save a fortune....Fast - Debtfreeday
ISBN 0-9547050-0-9
Money for Life - Alvin Hall
ISBN 0-340-79321-X
I am reading the new version of the Money Diet at the mo but am also looking forward to the new books by Alvin Hall that are due to be released early next year
You & Your Money
ISBN 0340793406
and also
Get out of debt with Alvin Hall
ISBN 0340833572Looking to raise some money
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I've found Alvin Hall's books to be good. I used did everything he said when I was getting out of debt and it worked. That was before I knew this site existed.2008 Comping ChallengeWon so far - £3010 Needed - £230Debt free since Oct 20040
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