Time - unlike money, opportunity or good looks - is the one resource that is allocated equally to all of us. No matter what our financial or family situation, we each get 24 hours a day. In the practical and straightforward style to which his Dragon's Den contestants are accustomed, Duncan Bannatyne explains how we can make the most of our time to get the most from our lives, and not just our working day. What do you really want to do with your life? This book will help you identify the goals and aspirations that really matter to you so that you can make them happen. It will give you the confidence to make your ambitions a reality and teach you how to focus on the things that count. In a series of short chapters, illustrated with examples from his extraordinary career in business, Duncan will show you how to make quicker, better decisions and how to make things happen - fast. Duncan knows more about what can be achieved in a day, a year and a lifetime than most and in this book he shares how you can achieve your ideal work/life balance.
Being raised in a normal family with traditional East European values, my folks sent me to state schools. I was taught respect for the teachers, how to read, write, think analytically (though I might still have some hiccups on that) and, I also learned that a bunch of science made all of the progress possible. However, never once did I learn why my parents never really passed the point of living from one paycheck to another. Financial astuteness, I believe, is only learned, and my educational environment lacked financial knowledge altogether. Still, so many years later, a crushing majority of my friends and people I know are bewildered by one's ability to actually make money, so it's a good guess that nothing really changed.
As more and more internet challenges become popular in the name of "awareness" so does the word lose it's actual meaning. It becomes more attached to gestures that have more to do with showing people their own desire to be seen than the actual awareness that the cause they support needs. Yet I can't say it better than this: If you read "How to be smart with your money" you become more aware of the financial environment and hidden forces that act upon your life as we speak.
This book does indeed teach you about being smart with your money. It wakes up that curiosity to go and find out more, especially that you become aware pretty fast of the consequences and the stops that you missed along the way. Duncan Bannatyne doesn't go deep into any of the following categories that the book has: Earning, Spending, Borrowing, Saving and Investing. Instead, in order to avoid the book having lost its value before it hits the shelves, he teaches you how to navigate your way into these waters and give you a fairly big boat that you can do that in.
Even if you don't necessarily like finances, read this book, make your own plans and open your visual ears to what the author has to say. Chances are, you may have lesser time than you think to secure that pension and, at the same time, a lot more time than you feel to do something worth it for you and your family. Sooner than you know it, you'll realize the word "finance" is much like "awareness": it has just been used too much and by the wrong people and there's actually nothing wrong with you using the right way.
This book is great for people struggling with debt and also gives you great insights what you can do with your money and how to restrict yourself from buying depreciating objects.
After reading the whole book, I think it is helpful but only very few things applied to me at this time in my life , though I think if I read this when I am older I would understand it much more and use more of the techniques in my dad to day life.
Too much theoretics. Duncan gave an overview of how to get your income stable and piled up through time with 5 main factors put into consideration: Earning more income, Spending, Loaning, Saving, and Investing. Those are well covered but personally I prefer the Investing part to be more in-depth while in fact, it's cut short.
Read this because i wanted a few ideas on budgeting and managing my money better. Not relly impressed as it didnt give many more ideas or advice than i had found on the internet. Gave it three stars as it may be helpful to someone who hasnt looked on the internet for advice.
Some of the best advice for me: There is a difference between whether one can pay for the item and whether one can afford it; take control of your finances by making a conscientious decision to do so, he became rich by making the decision to be rich then working to that end. I found it helpful.
Some of this stuff is really common sense. Don't expect in-depth science. Nevertheless, I find the book very practical when organizing your budget and planning your financial future.