on February 15, 2012
If you have never had a conversation with your significant other about finances, then this is a useful book. If you have had such conversations, and you are looking for tangible ways to move forward, such as how to set up joint checking accounts, how to share finances, how to budget and how to think about the complicated issues that arise from combining finances, this book is not particularly helpful.
on August 17, 2013
I saw this book advertised on The Steve Harvey Show so I decided to purchase the hard copy so my fiancé and I could use it as a resource in our relationship. It's a good read and we found a lot of things that we hadn't already thought of. It will definitely help us prepare and communicate our financial future with one another much better then we had already anticipated. It may even help us avoid counseling lol
on November 17, 2009
I was lucky enough to get an early copy of the book. Why is it so hard to talk about money with your significant other? This book guides you through ways to think about it, and talk about it, so you keep yourself out of trouble. Lots of very specific advice and exercises to make it easy to take concrete steps, little by little.
on December 17, 2009
As someone who is looking to create a healthy, loving relationship in 2010, I was so pleased to read Manisha Thakor and Sharon Kedar's latest book. It's chock full of concrete tools for walking into a relationship from a position of financial strength rather than fear. Let's face it - so many of us do NOT know how to have these conversations, myself included. After reading this book, I feel so much more prepared to face head on issues related to money that I would normally run away from. I'm excited about the possibilities this opens up.
One of my favorite aspects of Get Financially Naked is how much Manisha and Sharon share of their personal journeys with money before their relationships (their money stories) as well as during them. They show that it's not about striving for perfectionism but more about open communication with your partner. I felt like if they could do it, I could too! This book is a MUST HAVE for anyone looking to successfully navigate relationships and money.
on October 26, 2012
If you are in high school or in college and have absolutely no clue about finances (or your love life) I do recommend this book as an orientation and helping you start thinking for your future. If you have knowledge and are looking to augment it with good, solid financial advice this book is definitely not for you. I read through it in 3 hours because they use a lot of stories of people's (mostly women) financial struggles/up-comings, which I skipped over. They use a lot of "rules of thumb" that are clearly wrong, because everyone is in different financial situations. It might stir you wrong. The authors claim to be professionals in the financial field but either they chose to be too general or they really didn't put enough real financial substance into their book. I had bought this book for my wife but after reading it I think it might confuse her even more. It also says its not completely directed to women, and that it will also be a good read for men.....but clearly they are wrong! Its clearly tailored solely for women, trust me. Anyways, just trying to avoid anyone buying this book that is looking for something else...like I was.
on October 29, 2009
After reading the first three chapters, I made a special "date night" appointment with my husband to talk over our finances. We usually keep in close touch about the bills, but I used the questions that are laid out in this book to guide our discussion. And it was fun! We really got into some parts of our financial relationship that we had just assumed the other one understood. It made me feel so closer to my husband, bringing a warmth into our connection that night. Thank you, authors! You are brilliant! I fully recommend this book to all women in any stage of your relationship...
on October 28, 2009
I LOVED this book! It is a quick read and is well written. The issues that the authors address are helpful for any couple. It is a little crazy that often times, most of us just avoid talking about financial topics with our partner. I could totally relate to how differences in financial beliefs/goals can affect relationships, and I found the exercises in the book extremely helpful. In fact, my sister and her husband are newlyweds, and I've already ordered them a copy. I think it's a must read for any couple!
on November 15, 2009
I've been a fan of Thakor and Kedar since they wrote and published ON MY OWN TWO FEET, the book I'm sure would have saved me from years of debt and financial cluelessness if it had been around when I was in my 20s. Now that I'm over 35 and have bootstrapped my way into self-employment, home ownership, and a spotless credit record, I face a new financial challenge: How to merge my financial life with that of my (soon to be live-in) significant other. Thankfully GET FINANCIALLY NAKED has walked me through the process.
Before reading this book, I was a deer in the headlights about the financial ramifications of cohabitation. Now I feel like I now know what questions to ask, how to bring them up, and how to deal with any discrepancies in how my partner and I view money. I'm honestly not sure what I love most about the book: The get-real-with-yourself quizzes and charts designed to show how financially literate you and your partner are, the advice on how much home the two of you can *really* afford, the tips on dealing with the financial needs of stepkids and in-laws, the suggestions for how to word those tough-to-bring-up money questions, and the juicy investment guidance made simple all resonated with me in a big way. I want to personally thank Thakor and Kedar in advance for saving me from what I sure would have been a number of uncomfortable, tense conversations about money with my sweetie.
But this book isn't just for those in a romantic relationship. Sadly, I've known far too many young women whose financial plan for the future has been Get Married To A Guy With A Fat Paycheck. (Yes, even in 2009.) If you have yet to get real with yourself about the fact that a man (or a woman, or a parent) is not a financial plan, time to get there. In this economic climate especially, you never know when you're going to find yourself in the role of main or sole breadwinner (that is, if you haven't proudly joined our ranks already). This book will tell you how to make smart financial choices with the money you earn and the romantic company you keep. It will teach you how to look out for number one first and foremost so that if and when you do decide to entangle your financial life with a significant other, you'll be in a financially sound position to do right by yourself, your partner, and any kids, in-laws, or step-family that come with the package.
--Michelle Goodman, author of My So-Called Freelance Life and The Anti 9-to-5 Guide
One topic that is the source of many arguments in my household is money, and I am sure I am not alone on that one. For some reason it just season like money is a foreign language between my husband and me. It is not that either of us are bad with money, but that we both want the control. Luckily, since I was a banker, my husband lets me have control and manage our money and he is pretty easy going about it.
I do want him to be involved though in how we spend and save our money so I do like to give him updates and there are times where we need to sit down and talk about our financial situation. I am also open to new ideas and thoughts to make life a little easier.
With all the financial books out there I was skeptical about this one, but I was pleasantly surprise. Other than the typical financial chapters throughout the book, there are also questions with a spot for you to answer them, tables, and lots of bullet points with tips and suggestions. I thought the book was an easy read and it had excellent ideas and ways for couples to start and work through their financial discussions.
The book is broken down into three major parts: Interpreting your current financial situation, Breaking down the costs you have together, and how to move forward together to achieve financial success. I really liked the chapter on "Investing" because that is what my husband and I are focusing on right now. For example, my favorite excerpt from the book deals with at 30 years old, would you rather save all your money to retire in your 50's or live life now and happily work into your 70's.
Overall, I think "Get Financially Naked" is a helpful book for all women. It is geared towards mainly couples and newlyweds, but even as a married woman, I got some great ideas from it. I do have a lot of friends who are not married yet and I remember what it was like when I was dating my husband and living together before we were married. It was hard to figure who paid for what and even when we got married, merging and planning for our financial future was tough as we had to merge our goals. Finally, I loved how this book was not just all writing but included visuals and a great way of organizing its ideas.
I was given this book to review. This review is 100% my opinion and has not been edited or reviewed by anyone. I was not compensated in any other way for this product review.
on January 7, 2010
Manisha Thakor and Sharon Kedar's book is a great, simple way to get your hands dirty with your personal financial philosophy and then use your newfound knowledge to open up a mature, intelligent discussion about finances with your partner. There are short workbook sections that help you brainstorm and include great examples from other women and the authors themselves. The first section of the book is great- it helps you figure out your own personal financial philosophies and understand how and why you feel the way you do about money; very interesting. This leads to a section on talking all things money "with your honey." The section on investing hows and whys is really fantastic and almost worth the cost of the book itself, more so for people that don't have a lot, if any, experience making long-term investments. I can't recommend this book highly enough for couples.
This book is DEFINITELY for everyone, young, old, male, female, so I guess I was a little disappointed when it was aimed at "all women." The disappointment comes mostly from the fact that I got a lot out of this book and found it incredibly helpful and a great investment (no pun intended, though maybe a little bit), and I am a late 20s working career-minded man in a great long-term relationship, looking to make our relationship even stronger. I guess it felt a little unbalanced, especially in the first half of the book, which is heavy on cautionary tales (all from women). My point is that Thakor and Kedar have written an excellent guide to bring you into the world of personal finance management and I hate to see it so biased to one side (they do acknowledge this fact, and mention in that first section that they chose to embrace it).
Most importantly, regardless of who you are and what type of relationship you are in, it's important and helpful that this book exists. Don't hesitate to drop it in your cart, as its well worth the price of admission.