While a great deal of MONEY RULES is just common sense, there is also a bunch of information about a wide range of financial topics. This book is like a Canadian financial Bible. Her comedic but no-nonsense approach engages the reader while educating them. It's not a short read, by any means, but it's worth the time. I highly recommend everyone read it and keep it around as reference.
Gail is awesome!
I did find some good advice among these 261 rules, but largely they were not relevant to me. Although that's not the book's fault. It's Gail's fault for driving so many of these points home to me years ago when I was binge watching Til Debt Do Us Part.
I like Gail's straight forward approach to money, but this book is more of a finances-in-a-flash read. Great, honest advice (I'd give it five stars) but a single page, sometimes two, per idea isn't enough to get a full understanding (hence three stars).
Highly recommended. Straight talk about personal finances, debt, savings, etc. Gail Vaz-Oxlade provides useful checklists to rate your progress against (ex. do you have a will? Do you have an emergency fund?) that readers will want to copy and post to their fridge. She also makes a point of noting that everyone needs to personalize their plan so that it works for their personality and personal circumstances so that any changes made are sustainable in the long term. And the info about student loans should be mandatory reading for every person considering higher education.
This book is broken down by the rules and each rule is only a page or two so it is a very fast read (you and pick it up and put it down easily so its easy to read while preparing supper etc.)
If you watch her shows, she writes how she talks making it an entertaining read. I watch all of her shows and still learnt new things from reading the book. Highly recommend!
This book contains straightforward, common sense ideas on how to avoid the debt traps. If you do what she says in the book, you should do well. The problem is we live in an instant gratification society. None of her advice is rocket science, yet people sabotage themselves by not following the basic rules of money management.
Although I did take away some good advice, most of what Gail says is the same old, same old you'll find in any personal finance book. Each rule is identified as belonging to a certain category, i.e goals, investing, credit, etc, but that's as far as organization of the book goes, and that's the major flaw of this book. It's not organized into putting like rules together. Because of this lack of organization, the same information is repeated multiple times, making it a bigger book than it should.
Besides that, being called a jackass or moron often enough gets old quickly.
In my opinion, this is Gail's best book yet!! She brings us advice on such a varied range of financial topics, which makes this book such a handy guide to have.
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