Larry Winget's "You're Broke Because You Want To Be"
Larry Winget's new book, You're Broke Because You Want To Be, has turned me from a casual follower of his work into an outright fan. Winget's serious about helping people overcome their financial problems. He's tough, but not insulting or aggressive. I find him a welcome voice in the field.
Content-wise, the book is a quick read at 200 pages. I'm finding that it's desirable for such books to be accessible, because it makes it easier to re-read them periodically. This is kind of book you could pick up once a year, or whenever you need renewed inspiration, and read it in a weekend.
This book isn't chock-full of budgeting strategies and worksheets. Winget's job is to get you off your butt and motivated to change your situation. He offers a few worksheets and exercises, but the real meat is in the ideas communicated. He offers a great attitude adjustment toward wealth and money, and his advice on raising your kids to be money-smart is spot on.
Where Winget's book initially wins me over is when he advises, early in the book, to ditch your cable TV. He re-iterates that later in the book. This is not the kind of advice you'd normally get from a cable TV star. He seals the deal for me further in when he recommends other self-help books (though not mine, unfortunately).
Other personal finance gurus will try to sell you $150 worth of materials, or a $90-per year membership in their budgeting system. Larry Winget directs you to a dozen other books (10 of which aren't by him) as further help toward getting on the right course. He won't make a dime off of those other books sales, but he's sending to those other authors because they have something valuable to offer. That's someone who is on the level.
I'm sure Winget makes a lot of money from his personal speaking engagements, the TV show, and book deals. He doesn't also need to charge individuals (people who are ostensibly having money problems) hundreds of dollars to join his club. He's also set up a website with a free "Five Financial Lessons" video and budget sheet for those who purchase the book.
The bottom line is, this guy's legit. He's not trying to be cuddly and lovable, he's trying to wake you up and get you to stop choosing to be broke. And he manages to do it without ever calling you "stupid."
Visit his website, LarryWinget.com this week and check out everything he has to offer.
Sweet Blog!
Posted by: Mensarefugee | January 08, 2008 at 07:09 PM
So what you're saying is that he's the anti Suze Orman from CNBC.
Posted by: CreditGuy | January 09, 2008 at 09:57 AM