What kobo.com says:
Having a good relationship with money is tough—whether you have millions in the bank or just a few bucks to your name. Why? Because just like any other relationship, your life with money has its ups and downs, its twists and turns, its breakups and makeups. And just like other relationships, living happily with money really comes down to love—which is why love is the basis of money maven Kate Northrups book.
After taking the Money Love Quiz to see where on the spectrum your relationship with money stands—somewhere between “on the outs” and “its true love!”—Northrup takes you on a rollicking ride to a better understanding of yourself and your money. Step-by-step exercises that address both the emotional and practical aspects of your financial life help you figure out your personal perceptions of money and wealth and how to change them for the better. Youll learn about thought patterns that may be holding you back from earning what youre worth or saving what you can. Youll learn how to chart your current financial life and create a plan to get you to where you want to be—whether thats earning enough to live in a penthouse in Manhattan or a cabin in the Rockies.
Using client stories and her own saga of moving from 20,000 of debt to complete financial freedom by the age of 28, Northrup acts as a guide in your quest for personal financial freedom. She’ll teach you how to shift your beliefs about money, create a budget, spend in line with your values, get out of debt, and so much more. In short, shell teach you to love your money, so you can love your life.
What I say: I absolutely loved this self-development book. Although I think I have a pretty good relationship with money there are times when I struggle with anxiety around money and wanted to jump into this book to see where it could take me. Kate Northrup breaks it down into 8 chapters that are easy to understand with journal assignments and tasks.
1. What’s Love Got to Do with it? – This chapter gets you to write your money love story. Tell your story, reframe negative moments and then create the heroine version. I’m a big fan of shifting perspectives from negative to positive so I love this type of work.
2. It’s Not about the Money – This chapter works on remembering money memories, acknowledging your top money frustration and then make the connection. This chapter also addresses concepts of self love.
3. Woo-Woo Meets Cha-Ching – This chapter addresses your views of money, identifies potential limiting beliefs about money and has you argue against them.
4. You’ve Got You, Babe – This chapter is kind of fun. The author asks you to identify your Prince Charming and qualities you envision and relate them back to yourself. And then we get down and dirty and identify expenses while breathing deeply. And finally choosing a money project to tackle.
5. What Can you Do to Pay Attention? This chapter addresses practical advice. I really liked reading about assembling a financial team as this is something I’ve recognized as lacking in my life. I also need to really go over my numbers and organize my assets, liabilities, income & expenses so I can treat myself as a profitable business.
6. You Owe You – this chapter is awesome in creating a loving savings plan
7. Feel-Good Financial Planning – this chapter helps you define what you value and what is success to you. Kate talks about how you want to feel. She recommends Danielle LaPorte’s books next that I have on my too read list so I’ll dive into these next.
8. True Financial Freedom – and finally Kate defines different types of incomes including passive and residual to get the mind wheels turning.
I’m so excited to really sit down and do all the assignments and create my money love story!