Book Review: Money Rules
by Jean Chatzky
Reviewed by Jenzl Guerrero, age 17
Jean Chatzky, a financial journalist, author and motivational speaker, published Money Rules, a book of guidelines for managing money. The book contains simplified rules with easy to understand explanations. It follows a list-like outline with organized topics including “Saving Money” and “Do’s and Don’ts.” The book is one of the most essential things to own.
Money Rules explores the many uses of money from making it and spending it, to sharing it. Money is part of almost everything that we do, but often we take advantage of how important money is. Rule #20 reminds us that money is just as important as our bodies, and encourages us to “count dollars like calories.”
By reading this book, you gain control over your shopping habits. When you’re in a store and see a big red sign that reads, “Sale,” instead of rushing over to grab some deals, you’ll refer to rule #41:“If it’s 50 percent off, it’s still 50 percent on.” You may still be able to dig for really good offers, but you’ll know the difference between getting 50 percent off a Louis Vuitton handbag to replace the one you already have, and 50 percent off a pair of socks to replace the ones that you lost. You’ll carefully think about which one can fit your needs more.
This book provides readers with advice on what they can and should do with their money. It has a lot of good advice and teaches you how to control your habits. The next time you’re clipping coupons, you can think of rule #35:“Just because you have a coupon, doesn’t mean you should go shopping.” The book does a good job of keeping you focused on what you need and what you don’t need.
I like the book because it really sticks with you. It has an easy and comfortable style that helps you remember the rules whenever you’re in a situation dealing with money.
Money Rules has a modern way of explaining why these rules are important to follow. I recommend this book for people as young as 16 as well as experienced adults.
The purpose of this book is to help guide us into making smarter choices with our money. It helps remind us that our money is valuable and can become even more valuable if we treat it well. It also helps us become more aware when we’re out shopping. Overall, it helps us understand how we can work our way around our financial issues. It’s a very good book to own, and I think it is one of the most essential things that every consumer needs.