Category Finance

Smart Mom Rich Mom

Product DetailsSmart Mom, Rich Mom: How to Build Wealth While Raising a Family
by Kimberly Palmer
AMACOM
Retail Price:  $14.95
Amazon Price:  $6.94

Book Description:   Of all life’s financial shocks, few compare to bringing home an infant. Just one tiny person costs $250,000 to raise– not including college! How will you pay for it? That agonizing question fuels mothers’ choices about their careers, budgets, and families. Some lean in, some scale back or seek new opportunities–there are no easy answers . . . but lots of rewarding possibilities. “Smart Mom, Rich Mom” explores how women today are navigating the financially challenging career/parenting years. Written by a national money columnist and mom of two, the book chronicles people who have stayed in the game–full-time, freelance, self-employed, and more–and emerged more prosperous and empowered. “Smart Mom, Rich Mom” mines their experiences to uncover both career advice and spending and savings strategies that everyone can use. Stories, checklists, action steps, planning tools, and more explain how to:

– Prepare financially for parenthood–whether you’re expecting your first child or your third

– Balance thrift with generating income and investing wisely

– Find flexibility at work while safeguarding your earning potential

– Save for both college and retirement despite increased expenses

– Plan for unexpected events, like a layoff or illness

– And much more

Kids change our lives, adding joy but draining bank accounts. “Smart Mom, Rich Mom” helps you adopt healthy habits–and make hard decisions–that pay off in abundance.

Review

This is a fantastic book for mom’s who not only want to stay in the game, but make the best financial decisions for their family.  While I am an “empty nester”, I lead a group of entrepreneurial women in a monthly class. Most of them are young mom’s trying their best to take care of their kids and still contribute financially to their household.  I purchased this book for them to read and was very pleased with it.  I wish I had this advice when I was a young mom. It’s direct, applicable and gives practical advice for mothers on how to be smart about money. Thrift is the best use of all your resources — including money AND time — so mommy savings tips need to expand from coupon-clipping and into longer-term investments.  Moms can feel overwhelmed thinking about and planning for the future, but the author makes it “doable” by sharing her own experience, while also drawing on others’ stories.  The best part is that you can walk away from this book with clear ideas about how to take better ownership of your family’s finances. This is  must-read for women, mom’s and mom’s-to-be and even an old timer like me found so much to learn!

~Reviewed by Allie B.

    I Like Giving

    I Like Giving: The Transforming Power of a Generous LifeI Like Giving
    By Brad Formsma
    Waterbrook
    Retail Price $14.99
    Amazon Price: $11.26

    Book Description:

    When you choose to live a generous life, you start to change and so does the world around you. Something incredible happens when giving becomes your own idea, not something you do out of duty or obligation.

    When you move from awareness to action, miracles happen. As you make giving a lifestyle, you’ll realize you’re not only loving life more, you’re also creating a more generous world— a better world for all of us.

    Rich with inspiring stories and practical suggestions, I Like Giving helps you create a lifestyle of generosity. Inside you’ll find:

    • Giving—something you get to do, not something you’ve got to do.
    • How to raise kids with a sensitivity to others’ needs.
    • You don’t have to be a millionaire to make a difference.
    • Practical ideas for giving to people around you every day.

    I Like Giving is about experiencing the joy of giving. We all have something to give. Giving goes way beyond money or things. It can be a listening ear, a touch, or simply the gift of time. Giving is living.

    Review

    I would characterize myself as a giver.  I tend to look out for others and it gives me great joy to give to others.  I’ve raised my kids to have the same love of giving with varying success.  Some “took” to it more that others, which leads me to believe that temperament has something to do with it.  So when I saw this book, I just had to read it.  I love how the author uses so many different stories to convey the message of generosity for people of all ages. I also appreciate that some of the stories don’t require spending a single dollar; they just encourage you to pay attention and to act. I have shared many of the ideas in my own family, who are now adults themselves and with my grandkids. This book is a quick and easy read and will change your attitude towards living a generous life and it is inspirational.

      The Legacy Journey

      The Legacy Journey
      By Dave Ramsey
      Ramsey Press
      Retail Price $22.99
      Amazon Price: $16.55

      Book Description: 

      Dave Ramsey shares Biblical wisdom on the legacy we build with our wealth.What does the Bible really say about money? About wealth? How much does God expect you to give to others? How does wealth affect your friendships, marriage, and children? How much is “enough”?

      There’s a lot of bad information in our culture today about wealth—and the wealthy. Worse, there’s a growing backlash in America against our most successful neighbors, but why? To many, wealth is seen as the natural result of hard work and wise money management. To others, wealth is viewed as the ultimate, inexcusable sin. This has left a lot of godly men and women honestly confused about what to do with the resources God’s put in their hands. God’s ways of handling money caused them to build wealth, but then they’re left feeling guilty about it. Is this what God had in mind?

      In The Legacy JourneyNew York Times bestselling author Dave Ramsey takes you deep into God’s Word, revealing His perspective on wealth, your personal and family legacy, and how He wants to use you to further His kingdom work around the world. You can truly live—and leave—a legacy. The journey starts today.

      Review

      Honestly, I am not a huge Dave Ramsey fan.  I find him very abrasive.  But I have to admit that his teachings about money and debt are spot on and that his life reflects his teachings.  With that said, I found this book to be very intriguing because he does an in depth study of wealth and the responsibilities that come along with it.  While the content isn’t exactly new, it is fresh as He teaches you to spend less than you earn and build wealth so that you can use to you to be his hands and feet in this world.  It was an excellent read.

      ~Reviewed by Dave H.

       

        The Legacy Journey

        The Legacy Journey
        By Dave Ramsey
        Ramsey Press
        Retail Price $22.99
        Amazon Price: $16.55

        Book Description: 

        Dave Ramsey shares Biblical wisdom on the legacy we build with our wealth.What does the Bible really say about money? About wealth? How much does God expect you to give to others? How does wealth affect your friendships, marriage, and children? How much is “enough”?

        There’s a lot of bad information in our culture today about wealth—and the wealthy. Worse, there’s a growing backlash in America against our most successful neighbors, but why? To many, wealth is seen as the natural result of hard work and wise money management. To others, wealth is viewed as the ultimate, inexcusable sin. This has left a lot of godly men and women honestly confused about what to do with the resources God’s put in their hands. God’s ways of handling money caused them to build wealth, but then they’re left feeling guilty about it. Is this what God had in mind?

        In The Legacy JourneyNew York Times bestselling author Dave Ramsey takes you deep into God’s Word, revealing His perspective on wealth, your personal and family legacy, and how He wants to use you to further His kingdom work around the world. You can truly live—and leave—a legacy. The journey starts today.

        Review

        Honestly, I am not a huge Dave Ramsey fan.  I find him very abrasive.  But I have to admit that his teachings about money and debt are spot on and that his life reflects his teachings.  With that said, I found this book to be very intriguing because he does an in depth study of wealth and the responsibilities that come along with it.  While the content isn’t exactly new, it is fresh as He teaches you to spend less than you earn and build wealth so that you can use to you to be his hands and feet in this world.  It was an excellent read.

        ~Reviewed by Dave H.