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Thread: If you could pick one book...?
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08-04-2009, 07:20 AM #1
If you could pick one book...?
If you could pick one book to give as a gift to a spendthrift who's trying to reform, what would it be?
What book changed your attitudes toward money or motivated you to change?
What book is completely knock-your-socks-off, let's-put-the-kids-on-eBay, hey-can-I-find-another-use-for-this-used-dental-floss, life changing, habit-breaking, straight up miraculous for reforming the chronically broke?
Thanks in advance guys, I can't wait to read your answers.~Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.~
~The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.~
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08-04-2009, 07:36 AM #2Registered User
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The Tightwad Gazette - by Amy Dacyczyn aka The Frugal Zealot (all 3 volumes in one book if you can locate it). I got book one when it first came out in 1992, and to this day I still read through these books at least once a year for inspiration and ideas. Some of the ideas are a little "odd" or out-of-date, but they make you think and you can convert them to today's lifestyle.
One of my favorite things from Book I was Three Ways to Save:
1. Buy it cheaper
2. Make it last longer
3. Use it less
BTW, I use dental floss to cut my cinnamon rolls....Last edited by Grainlady; 08-04-2009 at 07:37 AM.
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08-04-2009, 10:03 AM #3
The Tightwad Gazette did it for me.
Kim
Wife to dh Jeff for 21 years
Mom to dd Kelly 16
dd Diana 13 
3 very spoiled cats

1 dog
Book Challenge 2012 - 29 / 25
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08-04-2009, 01:04 PM #4
Yep! The Tightwad Gazette
Emergency Fund $1500
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08-04-2009, 01:09 PM #5Registered User
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LOL - so far I think we all agree -
The Tightwad Gazette (all 3 volumes)Don't Breed or Buy While Shelter Pets Die
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08-04-2009, 09:23 PM #6
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08-04-2009, 09:27 PM #7Registered User
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Nope-- I love the Tightwad Gazette, but at first, I think many (myself include) would toss it - thinking it's too radical, too far out there!
I found Dave Ramsey's "Financial Peace" to be very life changing , as well as "The Millionaire Next Door".
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08-04-2009, 10:29 PM #8
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08-04-2009, 11:48 PM #9Registered User
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I'd have to say "Your Money or Your Life", because it addresses a different way to think about money, then the Tightwad Gazette, The Millionaire series, etc. I'd probably try to make the librarian my new best friend
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08-05-2009, 12:09 AM #10
The Tightwad Gazette for me as well.
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08-05-2009, 03:33 PM #11
I tried to read the Tightwad Gazette when I first started turning my financial life around....it was a bit freaky to me then.
Then I found The Total Money Makeover...very simple and teaches you the basics in budgeting and so forth...and I loved the success stories.
Now that I have been doing this for a while, I love The Tightwad Gazette, Your Money or Your Life, and lots of other books...but to start with, I needed the basics.Last edited by DJ1972; 08-05-2009 at 03:34 PM.
DJ

Married to DH since 1993

DD age 16
DS age 14
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08-05-2009, 03:44 PM #12Master Dollar Stretcher
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The one that changed my mindset was Rich Dad, Poor Dad. I don't much like formulaic books, and TG kind of falls into that category for me. It is one thing to have a book of tips, but Rich Dad, Poor Dad (and The Millionaire Next Door) was, for me, more about the philosophy of living well vs. living beyond your means.
DH aka Mad Hen
(http://mad-hen-creations.blogspot.com/)
June no-spend: 0/15
June wasted money: $0
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Run/walk challenge: 91/520 miles
Total debt (with mortgage, HELOC, and 1 cc): Jan 2012: $285,105 (Jan 2011: $292,750)
(2911 days until retirement)
Live as if you were to die tomorrow. Learn as if you were to live forever. Mahatma Gandhi
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08-05-2009, 04:00 PM #13Moderator
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~
I'm not so sure what you mean about putting the kids on Ebay? 
I've read all the books mentioned so far and they all have merit on their own. I prefer TG personally, but one of Dave Ramsey's books would be the best bet for someone just starting to change their spendthrift ways. TG is black-belt frugality stuff!~~Constance
~DH
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08-05-2009, 07:52 PM #14
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08-05-2009, 08:17 PM #15Registered User
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I think it depends on where they're starting from. If they've just had an "OMG - this has GOT to stop" moment, then Total Money Makeover.
If they're just wanting ideas to tighten the belt, that TWG is probably good, maybe with a word of warning that some of it will seem over the top and some of it is a somewhat outdated.Donna
Use It Up 2012:
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