In
this book entitled The Financially
Confident Woman, Mary Hunt makes the case that women should have
appropriate knowledge of financial matters. This will eventually lead to having
the confidence in handling money, thereby having more power to direct their
lives.
ACCURACY AND RELIABILITY (Score: 3/5)
This
book is written by an award winning author and a sought-after motivational
speaker. For more than two decades her organization Debt-Proof Living has been
helping thousands of individuals to become more financially responsible and
live debt-free lives. Despite lacking the formal degree in finance, Mary Hunt
is able to provide a very sound and compelling financial advice that worked and
continue to work for many individuals.
However,
what I less likely to appreciate in this aspect is the tendency to overemphasize
that only women need to be more financially confident. The book is in the
danger of stereotyping women as the only one who needs help. For this to be
true, the book should have presented at least some findings that, at least in
the US if not the whole world, more women around this year are less confident
in money matters. Presenting a case study would have produced solid evidence
that more women need help in being more financially confident at this time. This
would put the book in front of its present audience.
The
advice in this book is equally applicable to every one regardless of gender or
sexual orientation.
SUBSTANCE AND VOICE (Score: 4/5)
The
purpose of the book is to give advice to help women be more financially
confident. As you might have guessed, the intended audience of this work are
women. It would have been better when there are more discussions than what was already
presented as to how women can leverage their husbands or significant others towards
financial confidence. No one can be truly confident on financial matters if
they don’t have a sound relationship with their partners.
STYLE (Score: 5/5)
I
commend the book for its writing style and wits. It is very easy to understand and
follow since there are no complex financial jargons. The entry about
compounding was so easy to follow. The author herself confessed that she couldn’t
take in too much computation.
Moreover,
aside from being informative the book is also funny and entertaining. Mary
writes in such a way that you can vividly see her escapades when she was young.
STRUCTURE (Score: 5/5)
The
overall structure aids to the understanding of the readers. The table of
contents is clear as well as the organization of ideas inside the book. The
book uses highlights and sub-headings that would make it easy to outline the
ideas being discussed. I actually used the structure of the book to in noting
the important nuggets of ideas.
ILLUSTRATION AND FORMAT (Score: 5/5)
There
is enough illustration provided which made the presentation effective. I
particularly like the table about compounding which stressed the points that
the earlier we save the better.
Overall,
this is a good book about finance. It offers sound advice that everyone can do
and appreciate. I would recommend the advice this book not just to women but to
everyone.
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