A serviceable blend of rah-rah life coaching and love song to the dollar.
There’s really only one law of money, namely this: Income must exceed outgo. Wise, the former CEO of goodLife Companies, “an Austin-based real estate company devoted to five-star customer service,” spins variations on any number of themes in this how-to personal finance book but none so directly as that commandment. Urging that her readers—presumably, young women just setting out in life, though “5 percenters” bent on speeding up their “velocity towards financial independence” are welcome, too—embrace the vision of a “lifetime love affair with money,” the author serves up the usual stuff: If you want to be rich, have faith (in money and in the natural justice that comes from some people being rich and some poor, but in the big banker up in the clouds, too), visualize success, maintain a budget, make sound investments, etc. The cheerleading is mostly platitudinous and unsurprising (“The best thing I’ve done for myself is to forgive myself…I’ve learned that it’s possible to be ambitious, passionate, happy, and imperfect all at the same time”), and the practical information will be quite obvious to readers with even a small amount of financial sense: “Divide each of your annual budget numbers by twelve to calculate a monthly amount.” “Set business and career goals that correlate to generating your desired income.” And so forth. For readers without that pre-existing modicum of financial savvy, Wise’s book is potentially useful, especially its filling-in-the-blanks worksheets, including a monthly and quarterly checklist and an interest compounding table to calculate money required for retirement. In a crowded market, though, there are many better books.
Law of money No. 2, then: Caveat emptor.