Financially Stupid People Are Everywhere – Don’t Be One Of Them
Financially Stupid People Are Everywhere
Yesterday was New Years Eve – a fitting time to finish reading a good book by Jason Kelly – Financially Stupid People Are Everywhere, Don’t Be One Of Them. This book hammers home the notion that most people are stupid about money and need to radically change their view towards it and approach to getting and making most valuable use of it. I have made plenty of mistakes with money, for which I am embarrassed and not proud. Had I read and followed the advice in this book when I sold Hotpaper.com, Inc. and made a substantial pot of money, I might now have several times that pot of money. Instead I have less than all of it remaining, which Kelly would frown on I’m sure.
Jason Kelly uses blunt, provocative language to make his points. It’s unlike any financial book I’ve yet read. The message of the book is that the system is designed from every angle to quickly and completely separate people from their money, and that one must forever change behavior if one is to avoid having their money drained.
There is no particular great wisdom in this book, but even so it’s a good book and worth reading. In particular, people with lots of debt, little savings and little hope should run to the library and check out this book and read it in a day or two. It’s a quick read, and hard to put down. I have already adopted many of the suggestions in the book like paying cash for my vehicles and not carrying any balance on credit cards. But I still have a long way to go before Jason would give me a clean financial bill of health.
It’s the first day of 2001 today, so it seemed fitting to write about a book that has more potential to unshackle millions from their debt induced indentured servitude than any other single book I’ve read. Highly recommended.
