All Your Worth: The Ultimate Lifetime Money Plan

All Your Worth: The Ultimate Lifetime Money Plan
by Elizabeth Warren, Amelia Warren Tyagi

All Your Worth: The Ultimate Lifetime Money Plan
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Book Summary Information

Author: Amelia Warren Tyagi, Elizabeth Warren
Edition: Paperback
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2006-01-09
ISBN: 0743269888
Number of pages: 304
Publisher: Free Press

Book Reviews of All Your Worth: The Ultimate Lifetime Money Plan

Book Review: Manage Your Money Without Tracking Every Penny
Summary: 5 Stars

I went looking for this book for my 13 year old nephew. The book is an easy read, and it pulls no punches. They describe it as a plan for life, versus a crash diet. The authors make a point of identifying the psychological and emotional traps people spring on themselves that prevent them from getting a handle on their finances. It also makes it easy for people to keep track of their money without writing down every single expense. Their approach is so simple it is a wonder I have never heard of it before. In a nutshell it splits your take home pay into three piles. 50% for Must-Haves, 20% for Savings and 30% for Wants. Since the Must-Haves are recurring large expenses they are easy to track. The Savings is easy to track because people do not have many savings accounts at one time. The remainder is for wants, and if you use cash you know how much you have to spend on wants by simply opening your wallet and counting the money. I know several adults that never got their financial house in order because they could not be bothered to write things down, well here is the solution, and another excuse bites the dust.

This book and a subscription to Consumer Reports are a must for anyone that wants to manage their money without spending their life managing their money.

Summary of All Your Worth: The Ultimate Lifetime Money Plan

You work hard and try to save money, so why is there never enough to cover all the bills, to put some away in your child's college fund, to pay off your credit card debt -- or to relax and have some fun, for once? In the New York Times bestseller All Your Worth, mother/daughter team Elizabeth Warren and Amelia Warren Tyagi -- authors of the acclaimed The Two-Income Trap -- tell you the truth about money. The authors lay out a groundbreaking approach to getting control of your money so you can finally start building the life you've always wanted. The result of more than twenty years of intensive research, All Your Worth offers you a step-by-step plan that will let you master your finances -- for the rest of your life.

The secret? It's simple, really: get your money in balance. Warren and Tyagi show you how to balance your money into three essential parts: the Must-Haves (the bills you have to pay every month), the Wants (some fun money for right now), and your Savings (to build a better tomorrow). No complicated budgets, no keeping track of every penny. Warren and Tyagi will show you a whole new way of looking at money -- and yourself -- that will help you get your finances on track so you can enjoy peace of mind for the rest of your life.

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