Give Yourself a Raise: How to Have More Money, Less Stress and Financial Freedom covers the basics of financial management.
Along with evaluating your budget and plugging leaks, you can implement simple strategies to make better use of your income. The author, Gordon Bennett Bleil breaks down, the often confusing financial strategies, into money basics 101.
If you’ve already learned the basics of handling your finances, then this book will be a bit too simple, and even boring for you. But if you’re just starting out, and aren’t familiar with online banking, credit cards, or budgeting, then this is the book you need!
What is Give Yourself a Raise About?
Give Yourself a Raise focuses on teach you how to improve your finances by getting the most out of the money you already earn.
By doing things like, finding leaks in your budget, getting the right amount of insurance coverage, and investing in yourself, you can essentially give yourself a raise.
The author’s strategy is based on these simple ideas:
- Evaluate your budget and control impulse spending
- Get and stay out of debt
- Stop wasting money
- Invest in yourself by paying yourself first
About the Author
Gordon Bennett has many years of practical business and financial management experience as a commercial bank executive, financial industry management consultant with one of the leading accounting firms, business owner, and trainer. He has a Masters of Business Administration (MBA) in Finance from the University of Southern California. He has been an Adjunct Professor of Management teaching graduate business courses. As a consultant and trainer for banks Gordon both wrote and taught classes in financial analysis, consumer credit, personal financial management, financial statement analysis, and understanding finance for the non-financial manager. This foundation of experience has provided the insights essential for helping people who are struggling with money matters to solve their problems. He is known for his ability to simplify complex topics so they can be learned quickly and easily. – Source
About the Book
This book offers simple ideas and a money management system, based on taking advantage of online banking, to keep track of where your money’s going.
The author really breaks down the idea in a very easy to understand format, although most of us have used online banking in some format — unless you’re adverse to making things simpler.
- Chapter 1: The Financial Freedom Assessment Quiz
- Chapter 2: Objectives, Plans, Goals and Budgets
- Chapter 3: History and Forecasting
- Chapter 4: Setting Goals
Chapter 5: More About Forecasting
Chapter 6: The Freedom Money Management System
- Chapter 7: Debt Management
Chapter 8: Spending Strategies
Chapter 9: Credit Cards and Debit Cards
Part Two: Financial Literacy 101
Chapter 10: Retirement and Investing
- Chapter 11: Understanding Risk
- Chapter 12: Government Programs
- Chapter 13: Insurance
- Chapter 14: Credit Scores and Identity Theft
- Chapter 15: Emergency Preparedness
- Chapter 16: The Secrets of Making Lots of Money
- Chapter 17: Five Secrets to Success
Sometimes we make money much more complicated than it has to be. Thanks to Gordon’s simplified strategy, you can understand the basics of managing your money without losing your mind.
While the book only touched on the basics of everything from investing, to insurance, to emergency preparedness, it does offer some helpful budgeting forms, and tactics to get out of debt and save up for big purchases.
I wouldn’t classify this as much a book as I would a reference piece, that you can refer to over the months and years. It’s a bit too practical and boring to read all in one shot.
But sometimes the basics are boring — yet necessary!