Top critical review
61 people found this helpful
Principle #62 is so terrible, it negates everything else in the book!
on June 18, 2017
I think I can speak authoritatively on this subject. I have raised five children just like the author, and I am a CFP® Professional with an MBA in Personal Financial Planning. This book could be a good choice for a young adult who doesn't have the patience or reading comprehension to read a much more complete and better book, like "Get a Financial Life" by Beth Kobliner. Still, this book deserves a single star because of one piece of advice which is criminally bad, to stiff your landlord on your last months rent (#62). Following this advice would set up a young person for a bad credit reference right at the moment he or she needs it most, when applying to rent the next place or buying a first home. It's also dishonest. Why would a father of five give a young person such bad advice? Probably because he banged this book out and got it published before thinking it though completely.