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The Cold Hard Truth On Men, Women And Money (2012)

by Kevin O'Leary(Favorite Author)

3.78 of 5 Votes: 5

ISBN

0385678509 (ISBN13: 9780385678506)

languge

English

genre

Nonfiction

publisher

Doubleday Canada

review 1: “Cold Hard Truth on Men, Women and Money” lays out our money problems in simple terms. The cold, hard truth is that “No matter how much money you make, the world is designed to take it away.” He emphasizes three guiding principles about money: keep money and emotions separate; eliminate debt; and be grateful for what you have. According to O’Leary, the secret to becoming wealthy is: “Don’t spend too much. Mostly save. Always invest.” O’Leary offers practical and helpful tools to save money and to think about money in a new way: as creative energy, not as a way to get “stuff.” The most useful tip that O’Leary offers is the “Cold Hard Truth Card,” a credit-card sized reminder and pledge about money. Some of his suggestions may seem unemotional and... more unromantic (he strongly recommends pre-nuptial agreements before getting married) and may not work for everyone. One mistake that is missing: “You think that newer means better.”
review 2: Got a copy of this for an interview I did with the author (one of the stars of the entertaining ABC series "Shark Tank.") A lot of what's in the book *ought* to be considered common sense, and can be found in a thousand other places (although O'Leary does have a unique voice and sensibility, and a few unconventional views). But given the sad state of personal finance in the U.S., books like this one ought to be required reading in high school. less

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