Tuesday, January 24, 2017
Cold Hard Truth On Men, Women, and Money by Kevin O'Leary
Writing Style: Personal.
Premise: How to Build a ‘Healthy-Wealthy’ Relationship with Money.
Personal Highlights: The storytelling, as expected, is superior entertainment, exactly what drew me to the book. Cha-ching, much value added there.
Young people, debt collectors...as in those deep in debt, and especially those ‘spoiled’ on a time when banks paid depositors to keep so much as a dime in a bank, or sullied by events such as the ‘Panic of 1907’ will appreciate this simple, straightforward advice on understanding value, and time, and lending.
Wholehearted I agree with ‘don’t lend, if you don’t have it to give’; and go along with all generalities of investing as advised. I did, however, raise an eye on the part about time. I always thought time moved like molasses when you’re young, and like a wink if you can use every single digit on both hands and feet counting major banking and financial changes in as little as a few decades. It’s what tickled me about the coin counter experience, and made it similarly ironic thinking about time’s distant frienemies; the past and the future, as in its relevance to today. I mean come on now, brushing your teeth? Aside from a clean mouth bringing the relevance of its value closer to the present, cavities and other teeth issues are too far in the future to appreciate the experience in real time. Now, the ‘time is money’ chapter in the given snow shovel event happened to be ironic in another way. Not exactly the ending I envisioned… as either a child, or raising children; making that bedtime story a sweet treat, like feeding the pups shredded cash, and handling a wedding guest list. Hilarious. The latter text reminded me of the movie ‘Father of the Bride.’ Think outside the cubicle was another of my favorites; right after the ending… getting to “Enough”. Overall, powerful stuff. Absolutely priceless.
Highly recommended practical advice.