Category Archives: Financial Books

Book Review: 7 Money Rules for Life

The Great Recession that started in 2007 has thrown millions of families into financial disarray.  I have been looking for a timely book to recommend to people to provide the tools, motivation, learning, change and inspiration people need.  The wait is over.

Mary Hunt, one of the top 3 greatest personal finance writers of our age, author of over 15 books and nationally syndicated columnist, owner of a popular website, and founder of Debt Proof Living recently published a new book entitled the “7 Money Rules for Life.”

What makes Mary such a good writer about this topic?  The answer is easy, she has lived through disastrous financial decisions, learned how to dig herself out using the wisdom of the ages and has a heart for helping others recover from what that she experienced to enjoy financial hope, peace and joy of a reclaimed life.

You will read more about her story in the second chapter and throughout the book, as she pours out her heart. Her style of writing makes relating to the issues easy and will encourage readers to set the course toward a new life.

The 7 rules she lays out are not secrets or surprises, yet the supporting information is jam-packed with key information in a format that makes reading about them seem like seeing them for the first time. I became more convicted with each turn of a page even though the concepts are part of my daily life as I try to live them, and write, teach and counsel others about these issues almost every day.  Provided are countless stories and practical ideas to help anyone become transformed with wise foundational principles.

Reading 7 Money Rules for Life will equip you to improve your financial life and deal with some of the most important and foundational aspects of money. But even better, it will help you grow in your faith, wisdom, and character.

I’m very excited about this new book and hope that you will check it out (go to www.debtproofliving.com). Thank you, Mary for writing such an outstanding book and for your sacrifices to help so many people.  I will highly recommend this book to everyone, just as I do for every other book you have written!

Best Investment Book Recommendations

I stumbled upon this blog article about the Best Investment Book Recommendations. These books look to be great reads for those who want to be engaged in the investment process, whether doing it themselves or having a professional help them.

Financial planning is more of a partnership today, with clients becoming more educated about financial matters. More informed investment consumers ask their advisors better questions, and better spot when answers don’t seem right, or see warning signs about the advisor or firm they are doing business with.

Wash DC Corrupt: Part 2

Did you know that our Federal lawmakers are exempt from insider trading laws? According to the report on 11/13/11 CBS 60 minutes lawmakers can and do buy stock and real estate based on secret inside information, in some cases information that they are privy to because they serve on special private committees. If anyone else traded stock based on the same inside information, and were found out, they would be prosecuted as felons, pay fines and go to jail. Those in the House and Senate are not only legally permitted to do so, they do it all the time, and often become multi-millionaires. More information is forthcoming from Peter Schweizer’s soon to be released book “Throw Them All Out

Last week I noted a previous report on 60 minutes about how lobbyists have corrupted most of our elected representatives in our nations capital. So lets see our law makers make decisions based on bribes they get from lobbyists, and they also make decisions about industry and companies and then turn around and make stock trades based on that information. The lawmakers and industry get richer, wealth is extracted from our country and put in the hands of a few powerful rich people, and decisions are not made because of integrity.  Most of this is to the detriment of average middle and lower-income people.

A few Bible verses come to mind:

Ecclesiastes 5:8,9 If you see the poor oppressed in a district, and justice and rights denied, do not be surprised at such things; for one official is eyed by a higher one, and over them both are others higher still. The increase from the land is taken by all; the king himself profits from the fields. Proverbs 22:16 He who oppresses the poor to make more for himself Or who gives to the rich, will only come to poverty.

Spending Versus Feeling

A good friend of mine suggested that I read or recommend the book “When Spending Takes the Place of Feeling,” by Karen O’Connor, she updated it “A Woman’s Place is in the Mall . . . And Other Lies” from Harvest House Publishers. For various reasons this friend of mine had a lot of emotional issues to deal with, and instead of working through them, she shopped. This book helped her see what she was doing, and gave her the tools she needed so that she could break that cycle.

Book Review: Managing God’s…

Managing God’s Money by Randy Alcorn is an excellent easy-to-read book for getting down to the brass tacks of what the Bible says about money. This book hits on the most important issues that people deal with day-to-day, so that they have the right spiritual foundational principles. Randy Alcorn, as you may know from writing Heaven, is known for writing the best Biblical financial book ever Money, Possessions and Eternity as well as the Treasure Principle. Managing God’s Money is basically a great but boiled down (shortened) version of Money, Possessions and Eternity.