Book Review - You're Broke Because You Want To Be
How To Stop Getting By and Start Getting Ahead
Larry Winget has a great new book out You're Broke Because You Want To Be - How To Stop Getting By and Start Getting Ahead. This is the most straight forward book about finances that I have ever read. If you need a good push to get you started making the changes you need to make, this is the book for you.
The premise of this book is that you are where you are based on the choices you have made and continue to make every day. Every time you choose to eat out, smoke a cigarette, buy a new pair of shoes, go shopping, etc., you are making the choice to spend money unnecessarily instead of investing in your future. Every time you surf the internet, watch TV, go to the movies, etc. you are wasting valuable time that you could be using to better yourself.
Keep in mind that Winget is talking to people who are broke, in debt, have no savings, worry about how they are going to pay the bills, etc. If you are barely getting by, living paycheck to paycheck, have maxed out credit cards, and spend more than you earn then you are who he is talking to in this book. For the most part, if you are in this situation it is because you have chosen to spend money that you don't have instead of saving money for yourself and your family. If you are in this situation, then it is time for some different choices. Instead of choosing to go out to eat, put the money that would have been spent towards your credit card debt. Instead of buying a new outfit, put that money in savings.
I am a firm believer in the saying that if you keep doing what you are doing, you will keep getting what you are getting. If you aren't getting anywhere now, you can't keep doing the same thing and expect to get somewhere. You have to make changes. Winget believes that a person should be constantly trying to improve themselves by reading, taking classes and learning new things. Of course many people say they don't have the time for that. This is where the no TV or internet comes in. At night when you typically watch TV and veg out, you could be reading a book or working to make more money.
"Don't think something is too insignificant to make a difference. Everything in your life either moves you closer or farther away from where you want to be. Nothing is neutral. No conversation, decision, or action. Every book, magazine, and television show moves you closer to or farther from your goal. Every friend you have moves you closer to your goals or farther away from your goals." p.103
Larry Winget is a very hard worker and believes that if people would work harder to make more money they would get ahead too. Some of the things Winget did to make more money included tying macrame, trimming trees, painting houses, sweeping floors and selling blood. To me that is a serious drive to get out of debt and get ahead. There is no job beneath you when you are in debt.
Winget believes that in order to get ahead you have to sacrifice. You have to cut expenses and increase your income. If you are barely scraping by and have no savings then you need to take drastic measures to improve your situation. That is, if you are ready to stop being broke. If you want to continue being broke, then just keep doing what you have been doing. If you want to be rich, if you want to stop worrying about money, and if you want to provide more for your family this book will motivate you.
This book was very motivating for my husband and me. I did not ask him to read it, but when he saw it he had to read it too. It was a race each night after putting the kids to bed to see who could get the book first. I eventually gave up on reading it until he was done. It was worth the wait though. It is a fast read, has great advice and will give you the kick you need to change your life.