I actually went in and purchased this book from Amazon! I was certainly interested in reading this book since like her husband I have the unusual educational combination of accounting and environmental science in my case-environmental engineering in his!
I have re-read several sections of this book a couple of times now. Unfortunately, I am too old to take this advice since I am already semi-retired! Yes, I agree, if you can, and you have a long enough time frame-creating passive income is the way to go. As is pointed out by the author you do have to be very careful.
I particularly liked his advice about financial advisers! When I first tried to invest I used the services of a bank--no comment. Now I do know about accounting and balance sheets etc so I said to myself-self-you can do this! Actually I did quite well but truly did not have the time required to keep up with when I should buy and sell. You almost have to be able to do this on a full time basis if you want to make and not lose money. I then ended up with a financial adviser who was very good--but then the stock market crashed--oh well. Please make sure that if you decide to get a financial adviser the financial adviser you pick not only invests in what he puts you into-but make sure he is in the same financial class as you! I could not really afford to lose that money--he could! Luckily I have always lived frugally!!
The only regret that I have is not following my dreams from when I was young and listening to others. Listen to your heart, set a plan (this book will give you ideas on how to do that)-and stick to it!
An Average Joe’s Pursuit for Financial Freedom offers a different perspective on money than what is traditionally taught by our parents and in our school systems. The reason there is such a discrepancy between the wealthy and the poor is due to the difference in the way money is perceived. We are not born with the ability to maintain wealth: it is something that is learned. The knowledge of knowing how to make money work to generate passive income is something that anyone can learn as long as they are disciplined. An Average Joe’s Pursuit for Financial Freedom is based on practical concepts and discusses the problems that the majority of us face with our personal finance. The concepts in this book are based on theory by an author that practices what he writes about.
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"If you are looking for financial freedom, this book is definitely for you!"
- review from The Frugal Mrs Jones
"Reading this book, will not only enlighten you, it will educate you as well."
- review from Deneale's Book Buzz
"An encouraging and fast read that will change your thoughts on money management and how you will go about seeking financial freedom for yourself and family."
- review from Living the Leviner Life
About the Author
Michael Munsey works in the oil industry and resides in Houston, Texas. He received his undergraduate degree from Murray State University in May of 1995. While working to climb the corporate ladder within Halliburton Energy Services, Michael enrolled in the EMBA program at Rice University in 2005. After earning his MBA, he had a major change in the way he perceives money which he is sharing in this book.
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I received this book to review through Beck Valley Books Book Tours, all the opinions above are 100% my own.
NOW FOR THE AUTHOR'S GIVEAWAY !!
Two lucky winners will win $25 Amazon GC or Paypal Cash
(winners choice)
Ending on Sunday 19th October at 11.59pm EST
(winners choice)
Ending on Sunday 19th October at 11.59pm EST
Open Worldwide
Enter Below & Good Luck !!
All opinions expressed are my own honest opinions. For more information please check my Disclosure Statement. Our giveaways are in no way sponsored or promoted by Facebook.
36 comments :
I need to really start looking closely at our finances, I'm always too busy but I know its a must do.
I'd give part of it to dog shelter, the rest to saving account.
I would keep it for the holidays
I would probably spend it on Christmas coming up!
I love these books,anything to help better my finances.
I have to say I would spend it.
I've heard about this book! Great giveaway that I'm sure we could all benefit from!
I would use the money for Christmas gifts.
this book sounds like something I need to read to help with finances.
This does sound like a good book. I saw he was doing a book signing not lot ago, the line looked pretty long, so it looks like others are loving the book too. Woot!
This sounds like a great read! I'd love to learn the secret to maintaining wealth.
If I won I would use the money to pay off student loans.
I save it!
I have heard a lot of good things about this book from fellow bloggers. My husband handles all of our finances, thankfully, but I do think he would benefit from learning some new tips that are in this book!
I may save it , and buy what we need later.Deb P
We can all do this - I think this book must be helpful in prioritizing
I would save some and spend some.
Sounds like I am going to get two one for each of my sons. My baby just turned 18 yrs old last month and my oldest is 23 years old. Thanks for sharing. We live and learn that is why we are the wiser most times.
The accountant in me digs financial books and I tend to gravitate towards them. I am going to have to check this one out as this is the first time I am hearing about it.
Thanks for the giveaway! I would use it to buy gifts. <3
I would love to save it but with Christmas coming I would spend it on the kids.
save it
I would love to save it or even invest it but honestly hubby being out of work and Christmas approaching fast, I would have to spend it..
We all just start out as average Joes, so I can relate. With a big prize like that, I'd put it down on debt for sure. abrennan09@hotmail.com
I would save it for the next disaster, which is coming at any moment.. again... - regnod(at)yahoo(d0t)com
I would save 1/2 spend 1/2 on bills
I spend it sure need it now.
heather hgtempaddy@hotmail.com
im way to far in debt to invest, but i would pay off my current debts!
I would save the money.
I would spend it on Christmas gifts
I spend it on bills!
Pay off debts... boring but sensible :)
debt reduction. best savings in interest costs.
I would pay the bills and then I would invest the rest.
I would probably pay off some debt
I would spend it on bills!
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