I just got done reading a great e-book called It’s Your Money: What Will You Do With It? by Eric Williams. Eric and his wife Kelsey write a great blog called Words of Williams, which I’ve followed faithfully for over a year now. When Eric asked me if I wanted an advance copy of his new book, which debuted yesterday on Amazon, I couldn’t respond fast enough. Being that we just finished a Dave Ramsey course last spring, the topic of budgeting is very much on our minds.
Usually I barrel through at least 2-3 books a month, but with Owen’s arrival in July I’ve been mostly reading short articles on my iPhone, or watching TV while he nurses at night. (Sidenote: I’m all caught up on Parenthood! Whoop Whoop!) Eric’s new book is 20 fast chapters which I found very manageable despite having a shorter attention span these days. In fact, I read most of the book in one sitting!
For Dave Ramsey fans, this book provides something his course can’t: personal stories and tips from real people. Eric and Kelsey are in a similar stage of life to us, so their thoughts on clearing debt, starting a family, and saving for retirement are very relevant. Here are just a few of my favorite quotes:
“Entitlement was something we struggled with early on in our marriage and probably still do to this day. Culturally, I see a lot of young adults fall into the entitlement mentality, too, trying to live how their parents live (or better), except it took them 30 years to get there.”
“Attack the problem, not the person. It’s easy to get trapped into the blame game. ‘If only you made more money,’ or ‘If you didn’t have that hobby.’ These can drive your relationship apart real quick. There is a time and place to address your income and spending habits, but in the beginning, we had to become a united front.”
“Having a budget allows us to set priorities for the things we want to spend our money on. We say not to things like going to the movie theater so we can say yes to going out to eat with friends when the opportunity arises. It’s our money and our choices reflect our priorities, and the way you spend your money will reflect your priorities.”
It’s Your Money is available on Amazon for $4.99 on Kindle, and $8.54 in paperback. I highly recommend this book and think you’ll be really impressed and inspired. Check it out and tell me what you think! And then head over to Word of Williams for more great money resources like their free budget worksheet.