6 di 7 persone hanno trovato utile la seguente recensione
- Pubblicato su Amazon.com
Formato: Copertina flessibile
If you can get past all the super fundamentalist christian (SFC) stuff in this book, the main message and point of it is pretty great. I first discovered it about five years ago via the Washington Post (where Singletary is a writer) and I'm not kidding or exaggerating when I say it changed my life. I'm not Christian at all, but somehow I battled through, probably because I was in a REALLY bad financial place at the time and desperate to dig myself out of the hole I had created. I had about 10k in credit card debt, $0 savings, over $40k in student loans that I had periodically ignored or gotten forbearances on, had just made a cross country move that I couldn't afford, and I come from a family of people who are just TERRIBLE with money. I had really kind of lost hope. This book, well the exercise of doing the fast in this book, really changed the way I think about money, about spending, about saving, about what I really "need." It's only 21 days, so I initially thought, oh that's not bad at all, I can give this a try. For the 21 days, you read a chapter a day, and there is an assignment at the end of the chapter (some of which I didn't do because they were too jesusy, but some of them, especially in Part 2, are great. There are budget worksheets, you have to look at your credit card statements very carefully (first, look at your balance and see if you can remember what you bought, what the balance represents. You probably can't), lessons on entitlement ("I deserve a vacation", "I deserve to buy myself a little treat"), etc. And during the 21 days, you cannot use credit or debit, only cash, and you can only buy essentials (hence the "Fast" part of the Financial Fast). That means no eating out, no going to the movies, no gifts; you can still go to entertainment functions, but only free ones. You can buy groceries and medicine, and that's about it. But it's only 21 days! Anyone can stick to something for that little time. It might sound like a hokey diet, but when you change your spending a prolonged period of time, it does change the way you think in a way that just a day or two or three does not. I've done it several times, so trust me on this. Just try it.
It's worth it. There are a ton of studies about this, many quoted in the book, but from an anecdotal perspective: using cash really changes the way I spend (even to this day) and forcing yourself to THINK about your purchases for 21 days just really changes my mindset. That's why I do it again every new year; it's like a "reset" to me.
It's over four years since I first did the fast (I have done it at least once a year since, but sometimes I've done it several times a year when I find a friend who wants to do it but needs support - it definitely helps to have someone with whom to check in), and I am happy to report that in 2016 I became 100% debt free, and honestly, it's only because of this book. I do not think I would be debt free today had I not found this and taken to it. I paid off my credit card debt, my student loans, a personal loan from a family member, and I now even am building savings, for the first time in my life and definitely for the first time in my immediate family. I'm saving now to hopefully one day buy a house, which would be the first time in my life to live in a place that is not rented.
I do wish she would write a secular version of this book, because I always feel weird recommending it to people (and have to give them the SFC caviat), but I am not kidding at all when I say that she changed my life, changed the way I think about money, and has become the financial role model I never had, that helped me to become (what I think of as) a real adult, a financial grown up.