Review: Money Rules by Jean Chatzky

April 2, 2012

I was lucky enough to receive a copy of a new book by Jean Chatzky. I was really excited to get this email. Jean is one of the first financial experts that resonated with me when I was seeking out information.

Her down-to-earth, no nonsense approach to explaining things has always worked for me. Maybe it’s because she is a journalist and doesn’t have a background in finances. Maybe it’s that she talks like she could be my girlfriend. I don’t know what it is but it works!

I received a copy of her new book Money Rules: The Simple Path to Lifelong Security. I was really excited to see that this book was very thin, just over 100 pages. Perfect for me since my mind is a jumble of educational data from grad school.

Even more perfect for someone who is just starting out with learning about finances, like a young adult or high school graduate, a college student or someone who feels intimidated by finances.

Each page has a simple rule related to all things money. They are easy to read and easy to understand.

Rule # 18. You will spend more with credit than you will with debit and more with debit than with cash. So very true too!

Rule # 25. Doing nothing can be very expensive. I have learned this the hard way. I have ignored my debt for years. I did nothing about it and it’s going to cost so much more now that it would have if I had addressed it years ago.

Rule # 26. Just because someone will lend it to you doesn’t mean you should borrow it.  OHMYGOD, can we put that up in big neon lights on every corner in every city in the world? So many people would benefit from this lesson. Just watch any episode of House Hunters on HGtv to see that.

There are so many great lessons in this book, so many that I wish I had learned earlier on in my life. I really wish someone had provided me a book like this when I was just starting out on my own.

Obviously, I highly recommend this book. In fact my recommendation is that each and every one of you should purchase Money Rules. With graduation season coming up, you should purchase this for every single graduate you know. At just over $10 for each book, it’s a FABULOUS accompaniment to any gift you give.

Think of it, you aren’t just giving them a book, you are giving them a future!

If this is the first time you’ve heard of this book, take a look at and share it with every person you can think of who would benefit from it.

Disclaimer: As I stated above, I did receive a copy of this book for review purposes. No other compensation was exchanged. The words in this review are mine, as are the opinions.

I also blog at A Five Star Life. I write about anything that comes to mind but try to focus on finding the good in daily life.

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