Audio CD
Publisher: Macmillan Audio; Abridged edition (January 1, 2005)
Language: English
ISBN-10: 1593975899
ISBN-13: 978-1593975890
Product Dimensions: 5.3 x 0.6 x 5.7 inches
Shipping Weight: 4 ounces (View shipping rates and policies)
Average Customer Review: 4.5 out of 5 stars See all reviews (148 customer reviews)
Best Sellers Rank: #565,187 in Books (See Top 100 in Books) #46 in Books > Books on CD > Business > Personal Finance #58 in Books > Books on CD > Business > Investing #398 in Books > Books on CD > Business > General
There were three things I especially liked about this book.The first was the way the author presented the fact that small things do add up. In the beginning of the book, he states that most people overestimate (financially) what they can accomplish in a year and underestimate what they can accomplish over many years. He includes graphs that illustrate this dramatically.The second was the chapter on values. This chapter had a number of exercises for each partner to complete independently. Then, together, they can begin to draft a plan for their finances that embraces the values they each hold most closely. If the financial plan is customized to fit the values of the particular couple, taken together, it makes all the sense in the world that it will be easier and more satisfying to LIVE with that plan and carry it out over time (without either of the partners sabotaging the plan).The third is somewhat tied into the first point I mentioned. It is a chapter called "The Couples Latte Factor." This chapter discusses "small," daily expenses and how, if a couple decides to eliminate or reduce even one or two of these daily expenses and invest that money instead, it can result in a lot of money, over time. This and most of the other chapters include real-life examples of couples whose experiences illustrate the principles being discussed.I recognized the value of all of this advice right away as I was reading it, but initially felt a bit overwhelmed, thinking: "This is great, but how am I going to do it ALL?" Because I imagine that other people may have the same feelings, I will share the answer we ended up coming up with. A little at a time.
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