Showing posts with label personal finance. Show all posts
Showing posts with label personal finance. Show all posts

How To Save Money & Organize Your Finances: Tales of an Urban Consumer Review

How To Save Money and Organize Your Finances: Tales of an Urban Consumer
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How To Save Money & Organize Your Finances: Tales of an Urban Consumer ReviewSome say that wealth is power. If that is true, then very few of us have any power at all. Perhaps that old saying should be changed to say, "Those who know how to manage their finances have power." It is true that some people have a gift of financial wisdom but others must be taught. I believe, although Me'Shae Rolling has had many life experiences that have affected her finances, that she has the gift. She also has a servants heart which causes her to share her gift with others.
It would be difficult to navigate the waters of life without credit but let's face it, many of us are just working to pay off our lenders. The more lenders you have borrowed from the more enslaved you have become. Owing money is the new slavery but those chains can be broken.
Me'Shae has written a practicle, no nonsense, book. She suggests taking a calm methodical approach to eliminating your debt instead of the running around, tearing your hair out, helter skelter way of wondering what to do. Sit down, take a breath, read the book and let a cooler head prevail. Your situation will not become cured overnight but that's okay. It took time to get yourself in all the debt so it will take time to get out of.
Here are just some of the Chapters:
Being Disorganzied Costs You Money
Your W2 Form... Is It Accurate?
Mortgage PrePayments
Assess Needs vs. Wants vs. Desires
Time Your Purchases
Credit Reports & Fico Scores
Teaching Our Youth Financial Literacy
If you are truly tired of working everyday just to hand your check over to "The Man" on payday then you need this book. I reccomend this book highly as one who has recently gotten off of the credit train. I suggest following Me'Shae instructions step by step and learn how to use CASH. That's right, CASH. You'll be happier in the years to come that you took the time to learn the lessons that Mrs. Brooks-Rolling teaches. I encourage you to not only purchase a copy of this book but share it with your friends and family. Share the Power and be blessed!How To Save Money & Organize Your Finances: Tales of an Urban Consumer OverviewHow do you survive the consumer demands of an urban lifestyle? We rise and shine, hop on the bus or subway and grab a newspaper, cup of coffee, and donut or bagel on the way to work.At lunchtime we dash to the deli to buy a sandwich and drop by the local neighborhood drugstore to purchase a few items.We're too tired to cook by the time we get home and therefore order Chinese take-out for dinner.Before we know it, we've spent 30 bucks, hands down, by the end of the day.Now multiply that by five workdays.Assuming the same daily routine, that's $150 per week and approximately $8,000 per year.money that could have been used to build up savings or pay off debt! Whether you want to or not, regardless of whether you love to shop, are a spendthrift or somewhere in between...you can't help but to spend money as a city dweller.You'd virtually have to be a hermit not to.And even then, you would still have to spend money just to supply even your most basic needs:Electricity.Groceries.Transportation.A roof over your head. In this book, you will learn how to:Save money everyday as an urban consumerEstablish a personalized budgetBe financially organizedEliminate and stay out of credit card debtLearn how to obtain your credit report-for freePrevent identity theftPrepare to become a homeowner if you rentRedirect money that is unnecessarily, uncontrollably leaking toward uses more meaningful and important to youSet-up your small business (including tips that you're not going to learn in business school) and much more!From one urban consumer, to another!"While Brooks-Rolling targets city dwellers, How To Save Money and Organize Your Finances: Tales of an Urban Consumer is an absolute must-read for anyone who is truly committed to laying the foundation for multigenerational wealth. It is an accessible, easy-to-follow and desperately needed guide to the kind of lasting financial empowerment that can only come from good stewardship, no matter how much-or how little-money we think we have. If you really want to build wealth, buy this book."Alfred A. Edmond Jr. Sr. VP/Editor-in-ChiefBLACK ENTERPRISE

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The Frugalista Files: How One Woman Got Out of Debt Without Giving Up the Fabulous Life Review

The Frugalista Files: How One Woman Got Out of Debt Without Giving Up the Fabulous Life
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The Frugalista Files: How One Woman Got Out of Debt Without Giving Up the Fabulous Life ReviewMiami Herald reporter Natalie McNeal was enjoying the lifestyle of the young and hip when she realized that she was [...] in debt. To make matters worse, she had no idea how she got there. Her mani/pedis, regular take outs and shopping sprees ballooned her credit card balance, and Natalie had nothing tangible to show for it.
Desperate to make a change, Natalie confessed to be a "spending slut" and began a blog titled The Frugalista Files to chronicle her journey out of debt. Initially, she committed to a month of no spending. Before long, she had a following and a month-long experiment evolved into a new lifestyle and an occupation.
The Frugalista Files is written in a diary format, with Natalie's shrinking debt balance preceding each chapter, or month. Natalie does not preach complete abstinence from spending, but rather a fashionable lifestyle on a budget. For example, she took to styling her own hair, while still visiting a salon for more complicated treatments. She attended social events, but often limited herself to one drink to save money and to prevent alcohol-induced food binges.
Living frugally is all the rage these days, and new books on the topic are popping up all the time. While I appreciated Natalie's message, her book lacked in substance and offered little guidance to someone wanting to follow her example.
Although I expected informal writing due to the diary format, the abundance of exclamation marks, LOLs and other cutesy remarks was distracting. In addition, while The Frugalista Files is touted as "your ultimate guide to living the Frugalista lifestlye", it should not be mistaken for a how-to book. In reality, the frugal tips that Natalie does provide are few and far between, and will be common sense for most readers.The Frugalista Files: How One Woman Got Out of Debt Without Giving Up the Fabulous Life OverviewNatalie McNeal opened her bills in January 2008 to find that she was a staggering five figures-$20,000!-in debt. Young, hip and gainfully (if Dilbert-ly) employed, Natalie loved her lifestyle of regular mani/pedis, daily takeout and nights on the town, but clearly something had to give.And so The Frugalista Files was born. Through her blog, Natalie confessed her spending habits to the world-and it turns out she wasn't the only one having trouble balancing the budget! From the drastic "no-buy" month that kicked it all off to the career gamble that threatened to put her deeper in the hole, The Frugalista Files shares Natalie's personal and professional transformation from cubicle rat to take-charge career girl.It is possible to get ahead without giving up on the fabulous life. This is personal finance in peep-toe pumps-the empowering true story of one woman's personal and professional transformation and your ultimate guide to living the Frugalista lifestyle, too.

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