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The ABCs of Money
The ABCs of Money offers the basic financial education that we all should have received in high school. Get: * Debt reduction tips that you'll never learn from VISA. * Real estate solutions the bank will never offer. * Wall Street secrets your broker never tells you. * Energy saving tips worth thousands of dollars each year off of your bills As TD AMERITRADE chairman Joe Moglia says, "College students need this information before they get their first credit card. Young adults need it before they buy their first home. Empty nesters can use the information to downsize to a sustainable lifestyle, before they get into trouble." Stop making everybody else rich and start scoring assets, gains and savings for yourself.
183 pages, Kindle Edition
First published December 4, 2012
122 people are currently reading
377 people want to read
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Displaying 1 - 12 of 12 reviews
May 29, 2013
The ABCs of money will teach you how to stop getting buried in debt and start scoring gains for the home team. The more you score, the more you’ll win financial freedom and enjoy your life.
First of all, college students need the information before they get their first credit card.
Young adults need it before they buy their first home. Empty-nesters can use the information to downsize to a sustainable lifestyle, before they get into trouble.
Every cent you own and every moment you spend is always an investment. So use your time, talent and money to create something great – great health, educated, empowered children and teens, and beautiful bottom line. Yes, you can have it all-when you have a well-designed plan.
To all of you business men and women,
If you have good income, but no credit, or good credit, but no down payment, partnering might be your best opinion.
Next, there are people that spend more than they earn. They have blind faith in the integrity of others. They think that working harder and earning more income will solve the problem.
DON’T JUST SURVIVE. THRIVE!
Are you thriving and loving your life, or are you just surviving from paycheck to paycheck and running out of money before the end of the month? Cutting out "café lattes" will not change anything in your life.
Here are some good advises to manage your money,
1. Invest the first 10% of your income into a tax-protected retirement account.
2. Donate 10% of your income to your favorite charity.
3. Invest 10%of your income on education.
4. Spend 20% of your income on fun and things that bring you pleasure.
5. Limit all of your basic needs to just 50% of your income, including your home, insurances, car, food, clothes and taxes.
Further, the nature of people is a little bit desirous, they want everything they see and like.
For example, men admire cars, but…could you ride a bike or take public transportation to work? Biking to work promotes fiscal and physical health (providing the roads are safe) and definitely goes a long way to beautifying your bottom line.
Remember that cars only impress naïve people – not successful people.
So, sing your song…loudly. Dance as if everyone is watching. And fall in love with your ability to transform your smart Thrive Budget into the power that fuels your dream come true life.
And now, let me share with you some of my favorite quotes from the book,
Lao Tzu says, “The journey of a thousand miles begins with a single step.”
Joe Moglia tells us, “Nobody cares more about your money than you do.”
Natalie Pace says, “We don’t build services to make money; we make money to build services.”
John Heywood writes, “Many hands make light work.”
First of all, college students need the information before they get their first credit card.
Young adults need it before they buy their first home. Empty-nesters can use the information to downsize to a sustainable lifestyle, before they get into trouble.
Every cent you own and every moment you spend is always an investment. So use your time, talent and money to create something great – great health, educated, empowered children and teens, and beautiful bottom line. Yes, you can have it all-when you have a well-designed plan.
To all of you business men and women,
If you have good income, but no credit, or good credit, but no down payment, partnering might be your best opinion.
Next, there are people that spend more than they earn. They have blind faith in the integrity of others. They think that working harder and earning more income will solve the problem.
DON’T JUST SURVIVE. THRIVE!
Are you thriving and loving your life, or are you just surviving from paycheck to paycheck and running out of money before the end of the month? Cutting out "café lattes" will not change anything in your life.
Here are some good advises to manage your money,
1. Invest the first 10% of your income into a tax-protected retirement account.
2. Donate 10% of your income to your favorite charity.
3. Invest 10%of your income on education.
4. Spend 20% of your income on fun and things that bring you pleasure.
5. Limit all of your basic needs to just 50% of your income, including your home, insurances, car, food, clothes and taxes.
Further, the nature of people is a little bit desirous, they want everything they see and like.
For example, men admire cars, but…could you ride a bike or take public transportation to work? Biking to work promotes fiscal and physical health (providing the roads are safe) and definitely goes a long way to beautifying your bottom line.
Remember that cars only impress naïve people – not successful people.
So, sing your song…loudly. Dance as if everyone is watching. And fall in love with your ability to transform your smart Thrive Budget into the power that fuels your dream come true life.
And now, let me share with you some of my favorite quotes from the book,
Lao Tzu says, “The journey of a thousand miles begins with a single step.”
Joe Moglia tells us, “Nobody cares more about your money than you do.”
Natalie Pace says, “We don’t build services to make money; we make money to build services.”
John Heywood writes, “Many hands make light work.”
April 15, 2013
3 stars because it was free. My main complaint is the author's condescending and "I am the greatest of all" attitude. She constantly let us know that she ALWAYS picked the right investments, ALWAYS warned people of things that were coming (the depression, etc) and that she has NEVER made a mistake or given bad advice (that's her tone throughout the book). And the main annoyance (although since this is free I guess I can see why) is the constant "Read my other book for more information." I gained a little knowledge and I do like her easy to remember way to spend (10% donation/tithing (she urges donations including time too for her career and gaining connections, so I don't really like her motive but I can't argue that donating time and money is always a good thing, but I prefer people to do it because they LOVE it, not to get them further along in life...), 10% savings, 10% investing, 20% FUN (yep, fun - she talks about enjoying life which I do like that part too:), then spend only 50% of your income on bills and the necessities in life). All in all, it's a great formula but one I think a lot of overspending people would find hard to stick to. A lot of the book deals with debt and getting out of it and things like foreclosure, knowing when you should sell or rent, etc. I skipped some of those parts as we don't have credit card debt, but she does offer some great advice for those that do or for those that may lose their homes. I would not buy this book, but for free it was pretty good advice if you can ignore her attitude issues!
December 19, 2014
I had to give up on this book. What little advice I did read in between her condescending remarks, was horrible and or completely unrealistic.
For example before she even discusses her budgeting ideas she talks at length about bankruptcy and "using the laws of the land to hit the reset button" The two biggest problems I see with this are 1) by the time someone searches for self help books, they are trying to improve their situation! 2) bankruptcy is not a reset button! Bankruptcy follows you in all manners of credit from loans to rental agreements for a decade!
Another piece of bad advice comes to us from location 380 " before anything else commit to selecting a charity to donate 10% of your time to for the next year if you can't justify the money then donate time this will assist you into getting into the 'I have more than enough to give' mindset" Does anyone swimming in debt have the money to give away 10% right off the top? wouldn't 10% of my time, roughly 17 hours a week, be better spent picking up extra shifts so that I can pay down high interest card balances? I don't need a "I have enough to give mindset" that's what got me in massive credit card debt in the first place!
For example before she even discusses her budgeting ideas she talks at length about bankruptcy and "using the laws of the land to hit the reset button" The two biggest problems I see with this are 1) by the time someone searches for self help books, they are trying to improve their situation! 2) bankruptcy is not a reset button! Bankruptcy follows you in all manners of credit from loans to rental agreements for a decade!
Another piece of bad advice comes to us from location 380 " before anything else commit to selecting a charity to donate 10% of your time to for the next year if you can't justify the money then donate time this will assist you into getting into the 'I have more than enough to give' mindset" Does anyone swimming in debt have the money to give away 10% right off the top? wouldn't 10% of my time, roughly 17 hours a week, be better spent picking up extra shifts so that I can pay down high interest card balances? I don't need a "I have enough to give mindset" that's what got me in massive credit card debt in the first place!
October 11, 2013
Decent book on personal finance. Starts off strong, but then starts to get a bit less so as the book progresses. It was written relatively recently, so many of the pieces of advice are quite relevant. At the end of each section there was also a nice bottom line synopsis which took in all of the important bits of the specific chapter. The book is also quite heavy in warning investors against buying significant amounts of bonds, as they were once considered quite a safe and slow growing investment. Now with the US debt ceiling rising, these bonds have become a less safe place to put ones money.
August 12, 2015
Has good advice on how to get out of debt, but overall it is a (free) book to get you hooked to buy her other books. It leaves lots of knowledge gap, referring you to her other works.
What I liked less was the second half, lots of list with little useful information. Also, the titles says it is the ABCs of Money, but it uses finances terms which people not familiar with them will not understand, but never explains them either.
In the end, better not read it, invest your time in something else.
What I liked less was the second half, lots of list with little useful information. Also, the titles says it is the ABCs of Money, but it uses finances terms which people not familiar with them will not understand, but never explains them either.
In the end, better not read it, invest your time in something else.
June 26, 2016
The title of this book does not aptly it's contents. The information describegiven is more for readers at the intermediate level of finance. I thought this book would explain foundations of budgets, investment tools, credit ratings and the like. But instead, there was emphasis on bankruptcy, real estate, and stocks? I would not define those topics as the ABC of money. If you are looking for something of an introductory to money, I would look elsewhere.
The only good takeaways from this book are some of the financial web resources mentioned: FINRA.org and SCORE.org.
The only good takeaways from this book are some of the financial web resources mentioned: FINRA.org and SCORE.org.
June 24, 2013
I read it and loved it. Usually finance books can be very boring but Natalie knew what she was talking about. She broke it down into pieces so that dummies could pick it up and comprehend. The best thing piece of knowledge I took away from this read was the Thrive/Survive budget. I am now a believer.
February 10, 2014
Easy read with a few good tips
this is a quick and easy read that offers some good advice on saving and investing. she often references her ezine which is quite expensive, $90 per month membership.
this is a quick and easy read that offers some good advice on saving and investing. she often references her ezine which is quite expensive, $90 per month membership.
July 11, 2013
What started out as a good read soon turn into alot of repeated dialog, even though it had some good points I gave up reading it, so I'm goimg to giive it three stars
September 26, 2014
Good money info.
info. was on point.
very interesting to read, with graphs and tons of information. this book is a good read.
info. was on point.
very interesting to read, with graphs and tons of information. this book is a good read.
December 6, 2014
Outstanding
As a beginner and this being one of my very few financial reads, I'm extremely impressed and learned a lot. Thanks Natalie!
As a beginner and this being one of my very few financial reads, I'm extremely impressed and learned a lot. Thanks Natalie!
July 30, 2015
A must read for everyone !
A 5 star rating because this book is well thought out and very motivating to become successful in life .
A 5 star rating because this book is well thought out and very motivating to become successful in life .
Displaying 1 - 12 of 12 reviews