Tag Archives: book review

It’s About More Than the Money (Book Review)

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The book: “It’s About More Than the Money” is written by a Saly A. Glassman who is a Senior Vice President at a major financial institution in the Wealth Management area. 

This book is a bit different the standard run of the mill financial book, so I decided to review it differently.  Instead of a chapter per chapter analysis of the book, I’m just going to tell you what impressed me the most!

Reading this book, it was obvious that the book was written for wealthier investors.  In fact, I would guess that the target segment is the top 10%  of the population with respect to net worth.

What impressed me was some of the thought involved in her writing technique!  She start with a great comparison of the way we make money.  She states that as we are younger we derive most of our money from human capital then later we hopefully make most of our money from financial capital.

Her approach to money is very rational and logical.  She has one of the best approaches towards determining your investing risk that I have read to date.

A major point in her book is to striking what I would call a holistic balance toward life and money.  In such an approach, she advocates health, responsibility and discipline.

This is a book that I’ll probably end up reading again some day in the future when I have more financial investments and assets.

The only part that I wasn’t so keen on in the book was the pushing of getting an financial advisor scattered throughout many of the book chapters.  But if I were in the top 5% or 10 % of the population with respect to wealth, even that element would be good advice.

So would I buy this book?  Yes, but only if you expect to have a net worth in the upper 10% of the population someday.  For me, I’m not at that level yet, but I hope to someday be in that scenario, so I personally would recommend this book to someone who as similar aspirations.  So if you are at least in the top 40% of the population with respect to net worth, I believe you may find that this book is worth reading!

If you think this book may be of some interest to you, click the amazon link below and read some of the other reviews listed on Amazon’s site.

Thanks for reading my review on this unique and original book!

-MR



Enjoy Your Money (Book Review & Giveaway)

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When I received the book “Enjoy Your Money” by J. Steve Miller, I didn’t read it right away.  At that point, I was already reading another book. 

The cover was so compelling though that I had to start reading the first few pages.  Boy, I was surprised!  It definitely started in a way that I hadn’t imagined…  needless to say, I was hooked.

In some ways, the book reminds me of a movie I saw when I was really young called “The Breakfast Club“, except with finances as the central topic, and a teacher was the leader of the club.

Unlike typical books, this book doesn’t really have chapters, instead it used breakfast meeting numbers.  Yes, the Breakfast numbers are the same as chapters, but it takes out that rigid format of a typical book and this makes it feels like you are reading notes that were left in a cafe by someone that was careless.  It’s pretty cool.

The Review:

Like the breakfast club, all of the members meet in detention.  The were all complaining about money, and the aggressive one “Akashi” blurted out to the coach about the problems that they were having and if he could help them since he was a teacher.  The coach that was monitoring the detention session, told the kids to see Mrs. Kramer (not related to Jim Cramer… the different spelling give that away!). 

Mrs. Kramer (a widowed teacher at their school), established a weekly breakfast meeting with the 4 members (Akashi, Antonio, Amy & James).  At these meetings, she goes on to teach them something new each session.  She also discusses some of the problems that she encountered along the way. 

The dialogue is conversational, so you’ll hear James and the rest of the conversation in words that each member would speak them!  This was a fun exciting book to read, nothing dry in this book.  Plus each chapter had references to additional books that are also excellent to read.  I was very impressed with Mr. Miller’s selection.

So did I like the book?

Yes!  It was a quick and easy read, that I’m sure any high/college age student would enjoy.  Nobody like to be buried reading company annual reports when they are at that age!  This book was reading a story that just happen to have finances interwoven in!  Many of the things that run as a central theme here at money reasons is within his book!  He advocates a balance when it comes to finances too!

Mr. Miller sent me 2 books (both autographed), but I’m only going to give away 1 book.  I’m keeping the other book for my kids to read (yeah, I think it’s that good). 

To be entered into the contest, please leave a comment, and you will be automatically entered!  Even if you don’t want the book for yourself, it’s still makes a great gift for a younger person. 

Next week, I’ll announce the winner!

-MR