|Print List Price:||$16.00|
Save $3.01 (19%)
Penguin Group (USA) LLC
Price set by seller.
The Real Cost of Living: Making the Best Choices for You, Your Life, and Your Money Kindle Edition
|New from||Used from|
Enter your mobile number below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
Getting the download link through email is temporarily not available. Please check back later.
To get the free app, enter your mobile phone number.
Customers Who Bought This Item Also Bought
Top Customer Reviews
The book opens with an introduction that illustrates that even small choices we make can cost more than we realize, and encourages readers to look at pros and cons to make the best choices. The first chapter is one the real cost of home. Sure, when you buy a home you have to pay the negotiated price, and depending on what rate of interest you receive if you finance the purchase, that accounts for a monetary figure of what a house costs to most people. This chapter makes you look at some of the other costs.
Chapter two looks at the real cost of marriage and divorce. This includes looking at weddings and actual divorces, but also the aftermath of these and other surprises. The third chapter addresses the cost of family. As a father, I know the cost to the hospital when your child is born is minor compared to other costs of raising kids. I'm sure all parents will agree. This chapter provides some things to think about.
Chapter four focuses on college and various considerations when thinking about higher education.Read more ›
In the interest of full disclosure, I am not a finance person. I hate numbers. I still use my fingers to count (I'm not an idiot, I promise). That being said, this book is written by a social science graduate about finance -- i.e. something I could understand, relate to, and wasn't just about numbers. As such, as a self-proclaimed idiot with numbers, if I can understand the entirety of this book and LOVE it, you can, too. Seriously.
Ulrich is funny and gives it to you straight. The book covers everything from homeownership (and when it makes sense to rent), mortgages, college, marriage / divorce, babies, saving / spending, owning your own business, bad habits (smoking, being overweight, etc.), and the stock market. Yes, all of that. She acknowledges the emotional side of home ownership, getting that advanced degree, etc., and ensures you're aware she understands it's sometimes not only about numbers. There are numbers contained in the book (charts too), of course, it's a book on finance, but all examples are easily understood.
Ulrich includes a significant amount of resources / links to check into for further reading, which was great. I got to around 70% complete on my Kindle and realized I was done with the book -- so 30% is resources and citing her sources for statistics. With 70% reading (and charts) and 30% additional resources and backing up statistics, you have more than enough to satisfy the number lovers as well as those who love numbers a little less.
I highly, highly, highly recommend this book!!
For instance, her opinion on owning a home seems to be that owning isn't better than renting, unless it is cheaper in the long run (after closing costs, possible downturn in market values, considering how long you plan to live in that house, etc.) But she also acknowledges that for some people the feeling of pleasure or security they feel being "home owners" is so satisfying to them, that maybe the house is worth buying, even if they end up losing money on it. She goes into not only how people think about money, but also how they feel and what drives them toward the things they value. The author's advice is straightforward and reasonable, though basing major financial decisions on her advice alone isn't recommended by me. She feels like a friend just trying to help out and doesn't come off as pushy or a know-it-all, which I really appreciated.
Most Recent Customer Reviews
I always read the negative reviews of a book first because I can be sure that it wasn't one of the author's friends who provided the review. Read morePublished on May 18, 2014 by Eric Wentworth
prices keep going up and up all the time. What is the real cost of surviving today? WE shall see.Published on March 23, 2013 by fodraks
This book is really light and did not have much new to say. I think a lot of it is common sense. I think Ramit Sethi's "I will Teach You to be Rich" is much better.Published on August 29, 2012 by AnneLC
I highly recommend this book..finished it from cover to cover...it speaks for all of us...please get yourself a copy...this is very timely... Read morePublished on November 10, 2011 by Opal Jessica
This is a terribly written book. I see the author's intention of trying to introduce the emotional and psychological dimension to the financial decisions. Read morePublished on January 27, 2011 by Sunyu Chu