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Well-Heeled: The Smart Girl's Guide to Getting Rich
Whether you're financially maxed out or rolling in hundred-dollar bills, if you want to be rich, Well-Heeled is for you!
As a financially independent young woman, you will have the ability to determine the direction of your career and life path, allowing you to reach your full financial potential.
So if you're ready to make more money, live debt free, and build a nest egg that can support an awesome future – one that's designed by you and includes the splash, the chic, and the fun – check out Well-Heeled. In it, you will learn how to:
- live frugally without sacrificing life's little indulgences;
- set a budget that enables you to have guilt-free fun;
- get out, and stay out, of debt;
- fight for your income;
- increase your savings;
- make savvy investment decisions just like the pros;
- and be financially smart in relationships.
This guide will pump up your bank account and empower you to do and be whatever you want in life. Don't wait for success to come calling – start today!
As a financially independent young woman, you will have the ability to determine the direction of your career and life path, allowing you to reach your full financial potential.
So if you're ready to make more money, live debt free, and build a nest egg that can support an awesome future – one that's designed by you and includes the splash, the chic, and the fun – check out Well-Heeled. In it, you will learn how to:
- live frugally without sacrificing life's little indulgences;
- set a budget that enables you to have guilt-free fun;
- get out, and stay out, of debt;
- fight for your income;
- increase your savings;
- make savvy investment decisions just like the pros;
- and be financially smart in relationships.
This guide will pump up your bank account and empower you to do and be whatever you want in life. Don't wait for success to come calling – start today!
224 pages, Paperback
First published July 14, 2014
5 people are currently reading
104 people want to read
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Displaying 1 - 13 of 13 reviews
July 8, 2014
Ok, so every now and then, I post some random, non-Japan related book review on this blog. Why? Because I think it'll be useful, especially to people living on their own.
Well-heeled is a book targeted at girls to help them be more financially savvy. Although it's for girls, I think the basics of financial knowledge apply to boys too, so if you take out the gender-specific advice, it's a pretty good foundation book for guys and gals.
The basics of the book go something like this: figure out where you stand financially. If your financial situation sucks, then the book does offer tips on how to cut back on spending and how to prioritise your debts (i.e. pay off the debts with the highest interest first). After that, the book talks about saving and increasing your cashflow. And that's about it, pretty simple, because good financial habits are simple. It's basically spending less than you earn (and making sure you have enough for the future).
However, there are two points on which I disagree with the book. The first is about the use of credit cards. Unless you're using the credit card to get points, the book advocates moving to an all-cash system. Which, fair enough, is my life most days. But, there are advantages to using credit cards, such as the grace period (it's a good way to manage your cashflow) and its universal acceptance. I found this blogpost to be pretty useful.
The second would be her list of ways to make more money. Some of it are doable (sell your old stuff, work extra hours), some of it is quite smart (for example, research which government benefits you're eligible for and sign up for them) while others are being oversold (or so I feel). For example, starting a business is not a guaranteed way to make money. Do it if you have a passion, but don't expect to get extra cash straight away. Another example would be to "sell a crazy story". She makes selling a story to a "book publisher, magazine editor, or television network" sound easy - all you need is a compelling proposal. However, reality is that it takes a lot of time and effort to sell a story, and even then, you may not be able to make much.
And there is one suggestion that just make me do a double take: "become a surrogate mother or "donate" your eggs". She does say that this is a decision that shouldn't be made lightly, but I have no idea what this is doing on a list on how to make some extra cash. It's technically illegal to sell your eggs too (she talks about receiving compensation, but the quotation marks around the word 'donate' make it clear she's not thinking of donating).
To be honest, apart from the 'how to make more money list', this book is actually pretty good. The credit card vs cash is a rather personal debate (it depends on your spending habits, really) and which side you choose is up to you. If you need a book that doesn't promise fancy methods, but uses common sense to get you out of debt and into a financially healthy position, you should consider getting this book.
Disclaimer: I got a free copy of this book from the publisher via NetGalley in exchange for a free and honest review.
This review was first posted at With Love from Japan, Eustacia
Well-heeled is a book targeted at girls to help them be more financially savvy. Although it's for girls, I think the basics of financial knowledge apply to boys too, so if you take out the gender-specific advice, it's a pretty good foundation book for guys and gals.
The basics of the book go something like this: figure out where you stand financially. If your financial situation sucks, then the book does offer tips on how to cut back on spending and how to prioritise your debts (i.e. pay off the debts with the highest interest first). After that, the book talks about saving and increasing your cashflow. And that's about it, pretty simple, because good financial habits are simple. It's basically spending less than you earn (and making sure you have enough for the future).
However, there are two points on which I disagree with the book. The first is about the use of credit cards. Unless you're using the credit card to get points, the book advocates moving to an all-cash system. Which, fair enough, is my life most days. But, there are advantages to using credit cards, such as the grace period (it's a good way to manage your cashflow) and its universal acceptance. I found this blogpost to be pretty useful.
The second would be her list of ways to make more money. Some of it are doable (sell your old stuff, work extra hours), some of it is quite smart (for example, research which government benefits you're eligible for and sign up for them) while others are being oversold (or so I feel). For example, starting a business is not a guaranteed way to make money. Do it if you have a passion, but don't expect to get extra cash straight away. Another example would be to "sell a crazy story". She makes selling a story to a "book publisher, magazine editor, or television network" sound easy - all you need is a compelling proposal. However, reality is that it takes a lot of time and effort to sell a story, and even then, you may not be able to make much.
And there is one suggestion that just make me do a double take: "become a surrogate mother or "donate" your eggs". She does say that this is a decision that shouldn't be made lightly, but I have no idea what this is doing on a list on how to make some extra cash. It's technically illegal to sell your eggs too (she talks about receiving compensation, but the quotation marks around the word 'donate' make it clear she's not thinking of donating).
To be honest, apart from the 'how to make more money list', this book is actually pretty good. The credit card vs cash is a rather personal debate (it depends on your spending habits, really) and which side you choose is up to you. If you need a book that doesn't promise fancy methods, but uses common sense to get you out of debt and into a financially healthy position, you should consider getting this book.
Disclaimer: I got a free copy of this book from the publisher via NetGalley in exchange for a free and honest review.
This review was first posted at With Love from Japan, Eustacia
June 27, 2019
This book didn't teach me anything new. If you are absolutely financially illiterate, I suppose this book will give you the simple building blocks you should know. Covers very simple concepts such as: create a budget, open a savings account, get a side hustle, discuss finances with your partner, etc.
March 11, 2014
I LOVE this book!
Well-Heeled is a witty, cheeky and hilarious approach to learning about how you can take hold of your finances and become wealthy!
Well-Heeled is a witty, cheeky and hilarious approach to learning about how you can take hold of your finances and become wealthy!
March 15, 2024
this book is sheety pants pants pants pants this book is shetty pants pants pants pants. This book is Shetty Pants.
The cause of the above infantile rant is that this is not an instruction book of finance, bur rather one of those mindless "synergy" buzz word mindset drivel. Just like Poor dad Rich Dad, and all other financial guru books.
If you want to make a side hustle income there are turorials abundant on the youtubes, free articles, a entire blog called investopedia, or instruction manuals, Banks have basic investment tutorials for free. Practicing paper accounts.
Key take aways from THIS book. Save money by being frugal, and budget especially creating the intial savings for this new entreprise in your life. All other advice in this book is just mindless 90's feel good touchey feely empowering parabels of peservernce, yadda yadda yadda.
The cause of the above infantile rant is that this is not an instruction book of finance, bur rather one of those mindless "synergy" buzz word mindset drivel. Just like Poor dad Rich Dad, and all other financial guru books.
If you want to make a side hustle income there are turorials abundant on the youtubes, free articles, a entire blog called investopedia, or instruction manuals, Banks have basic investment tutorials for free. Practicing paper accounts.
Key take aways from THIS book. Save money by being frugal, and budget especially creating the intial savings for this new entreprise in your life. All other advice in this book is just mindless 90's feel good touchey feely empowering parabels of peservernce, yadda yadda yadda.
June 26, 2019
Great book, fun and easy to read. It teaches personal finance in a fun yet very detailed and easy-to-follow way. I recommend it for those who are seeking to invest in themselves, save money or get out of a constant make-ends-meet cycle. It has an uplifting tone and makes frugality sound fun and appealing. I especially enjoyed the relationship advice, which is not very common in other similar books.
October 4, 2019
Providing step by step guide of financial management for women
August 25, 2015
I love the fact that she's around my age and I've been following her advice ever since I started making. It's still advice that you hear all the time but I like her way of explaining money
Follow me!
Follow me!
April 8, 2014
Great book.
I love the tone: it's like your friend giving you advice that you can actually use, not like your parent or financial advisor lecturing you on what you should do.
Funny, easy to read, with really good practical advice to get your finances in order.
I love the tone: it's like your friend giving you advice that you can actually use, not like your parent or financial advisor lecturing you on what you should do.
Funny, easy to read, with really good practical advice to get your finances in order.
November 4, 2014
there's something to take away from this book
May 31, 2015
The author offers lots of helpful advice.
Read
July 12, 2016Great tips for financial gains!!
August 2, 2016
A good overview on how to get finances under-control.
Read
July 8, 2017This is a basic primer targeted at young women. I like the section about not being in a relationship with a financial dope. The book encourages young woman to take the steps to become financially confident and sets out a standard plan for them to do so.
Displaying 1 - 13 of 13 reviews