Customer Reviews

Master Your Money

5 star:		(4)
4 star:		(1)
3 star:		(1)
2 star:		(0)
1 star:		(0)

 

 

Many books on financial planning focus on "how to do it." But for most people, those "how to" stuff remain as dreams that are not implemented. Ron Blue and Chuck Swindoll explain the inner problem why we get stuck in financial hole, dealing with the roots of financial problems that are true to human beings. Then they lead their readers to a series of life-transforming actions that are applicable immediately. These heart-and-mind actions will translate into powerful, inner motivations that will energize you to apply the practical, well-researched, up-to-date, realistic "how tos" they provide in this book. I use this book in my work as a leadership development consultant. My wife, an investment funds adviser, includes this book in her seminars and personal financial counselling.

My husband and I worked through this book together. It is straight forward and really makes you think through the concepts of managing your money and resources. The book challenged us to take a step of faith and follow the biblical principles of money management. By applying those principles we were debt free (except for our house!) within one year - plus we actually saved money. We opened a general savings account, repair account and a Christmas account. I encourage anyone struggling with debt, or poor money management to read this book.

The first time I saw the cover of Master Your Money (in Nairobi, Kenya, at my fiancee's place of work), my heart went cold. Financial management was a topic that scared me. I skimmed through the book and, for some reason, I started reading the first chapter. Before I knew it I had borrowed the book, read and reread it, made notes and outlined my financial present and future.

I presume the three key questions did the trick: Will I have enough money? How much is enough? Or possibly the graphic on the overall financial goals gave me a simple and clear picture on personal financial management. These clarified the issue on managing money in such a simple, easy way that I saw myself achieving my financial and non-financial goals. I had determined early in life to keep out of debt and the lessons I learned in MYM reinforced my resolution.

Needless to say, I recommended the book to friends, nay, I bought the remaining copies from the local bookstore that had them and ordered for some ten more to distribute to friends. They were excited and agreed with me that this was the book! I want more copies from friends. Five stars did you say? I would say it's a 6-Star book. It is excellent.

Like some reviews say about a book here or there this one is mainly common sense and is better suited for just skimming it in your bookstore. Larry Crabb should be better.

I gave this book to my son who is graduating from college. I think it's good advice to have early in your financial decision making life.

The first six chapters of this book shows the true purpose of money. Very very few people cry out on their death bed that they should have worked more and earned more money. Why is that? These 6 chapters explain the TRUE PURPOSE of money. Don't wait until you're on your deathbed to find out! The remaining chapters assist you in working out your financial situation.

Ron Blue brings to light the burden of debt, inflation - good or bad?, why invest?, what should I invest in?, 4 criterion of when to go into debt (debt itself is not bad, but most of the time the REASON for going into debt is bad).

This book is the first book that explained to me not just WHAT I should do with my money, but WHY I should do it!

Mark Franjione (mark@hosteng.com