135 of 142 people found the following review helpful
...and it averages out at three stars,
This review is from: The Simple Dollar: How One Man Wiped Out His Debts and Achieved the Life of His Dreams (Paperback)Three stars -- right in the middle -- isn't a rating I "award" very often; usually my views tip one way or the other.
In this case, I think the book might be worth five stars to those who:
* are fairly young and unknowledgeable about personal finances;
* find inspiration in personal stories related by a peer (or age cohort);
* prefer to have a hard copy of text instead of reading information readily accessed on the Web;
* or those who do not use the Internet at all.
But there are others for whom the book would not rate more than a single star, such as those who:
* have some background in managing their money and have read other books on debt reduction;
* read personal finance blogs such as this author's and the blog of one of his endorsers and do not feel the need for a hard copy of the material;
* might have trouble relating to a young man who has, so far, faced only a young man's problems. "Over the years" is, in reality, only a few years for this writer. Some might find this off-putting.
I am not certain that there are more people in the former category than in the latter, so simply on content, style, and utility, I'll give this three stars.
For myself, however, I tip clearly toward the latter group. I read personal finance blogs to find new information and, in terms of getting out of debt, there is simply nothing new to say. Do it. If you need tips on how to do so and if you are Web-literate enough to be reading this review, you can use search engines.
But there are constantly new nuggets about frugality to be gleaned. That's why I look at personal finance blogs, including this writer's. If, however, you are savvy enough to understand and agree with Hamm's premise that getting out of debt offers unparalleled freedom, you are probably already on top of finding ways to stretch your money. It seems unlikely that you would find much new here.
Some types of blogs, especially those with specific instructions for cooking or crafts, seem well-suited for transitioning to print. Of other kinds of blogs, a few have worked well as books. "Julie and Julia" comes to mind, as does Gretchen Rubin's "Happiness Project". My own judgment is that The Simple Dollar succeeds better as a blog than as a book. That said, some will find enough value in the book to justify fully making the purchase. Do try to pay cash *smile*
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Initial post: Feb 19, 2013 8:43:43 AM PST
Probably one of the, if not THE, most helpful reviews I've read in a long time. Thank you, I'll stick to the blog on this one! A few more books on this subject you found helpful and are geared toward the more sophisticated reader would be appreciated. Thanks again.
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