26 of 29 people found the following review helpful
for a certain type of person,
This review is from: The Power to Prosper: 21 Days to Financial Freedom (Paperback)
Vine Customer Review of Free Product (What's this?)
Being part of the millions of Americans carrying some sort of debt, I was looking forward to reading Michelle Singletary's "The Power to Prosper." I've read a lot of debt/financial advice, from both Christian and non-Christian authors. "The Power to Prosper" has good ideas, but nothing amazing or new if you've participated in things like Crown Ministries or read Dave Ramsey's or Liz Pulliam Weston's financial books/columns.
One thing that struck me with "The Power to Prosper" is it seems very targeted at a certain type of person, namely the shopaholic. Singletary seems to assume that her readers are out-of-control spenders who find comfort in retail therapy. That's a very select group of readers, since I would hazard that a lot of people with debt right now are in those situations due to job loss and the poor economy of the last few years.
The other thing about this book is that, if you're going to do the fast, it has to be at a stable point in your life. As I was reading this book, I was also preparing for a cross-country move. Ironically, I had 21 days before moving day, but I also knew it would be stupid for me to do the fast right when I needed to use my credit card for moving expenses, gas, hotel, food and other incidentals.
I agree with her basic premises, such as curbing unnecessary spending and identifying wants vs. needs. And fasting is a great way to grow in your relationship with God. But I think there needs to be a balance between completely throwing everything out for 21 days (and a lot of other financial gurus advise dropping your credit cards and going cash only, so she's not saying anything new) and learning principles that will help you permanently get out of debt.
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Initial post: Apr 16, 2010 6:06:16 AM PDT
Jeannette Gosnell says:
I have never been able to get my husband to go to Crown Ministries so this book might be just the right fit for us. Thank you for taking the time to write this review.
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