5 of 9 people found the following review helpful
Manage Your Finances with Advice from Someone Who Has "Been There",
This review is from: Living Rich for Less: Create the Lifestyle You Want by Giving, Saving, and Spending Smart (Hardcover)
Money is always tight during the holidays, but never more so than now with the economy spiraling downward so rapidly and no upswing in sight. So I can't think of a more timely book than Living Rich for Less by Ellie Kay.
Ellie has "been there, done that." She is a saver; her husband is a spender. Early in their marriage, she quit working outside the home because they moved 11 times in 13 years. She and her husband had to live on 23% of her husband's income since the rest went to pay taxes, child support, and their tithe. From the remaining 23%, they had to support 7 kids (2 from her husband's previous marriage and 5 kids they had in 7 years) and pay off $40,000 in consumer debt. Not only did they survive, they thrived. They paid off the debt and eventually were able to pay cash for big ticket items such as vehicles and their kids' college educations.
In Living Rich for Less, Ellie will explain in easy-to-understand and funny terms how to do the same thing with your own finances. She will show you how to GIVE 10%, SAVE 10% and WISELY SPEND the remaining 80% (the key word here is wisely). She discusses the ins and outs of mortgages, a step-by-step process for paying off consumer debt, how to finance your children's college education, and how to take a vacation for less. Her tips are practical and not overly burdensome -- she will not tell you add water to the milk jug to stretch it longer or give you 10 money-saving uses for lint from the clothes dryer.
Living Rich for Less is a painless way to learn the money lessons we all need to understand and fully embrace if we are to weather today's (and tomorrow's) financial storms.