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You're So Money: Live Rich, Even When You're Not by Farnoosh Torabi
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You're So Money: Live Rich, Even When You're Not

by Farnoosh Torabi

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Interesting. Some of it was even useful, despite it being firmly aimed at 20-somethings - and fashion geek 20-somethings, at that. Despite her rationale about the best-dressed people get the promotions, I never will be - and never was - as interested in designer clothes as she and her case studies are. $300 jeans? Sorry, _not_. That aside, there are some suggestions that make a lot of sense. Some of the information on freelancing was new to me (Freelancers' Union for health insurance, for instance). And her categories of Need, Want-need, and Want are an excellent way to look at one's finances. There are things that cannot possibly be categorized as needs - books, for instance - that are a major part of my quality-of-life equation. The in-between category of Want-need lets me say that these things, while not _needs_ - I would physically survive if I had to do without - are far more important in my budget than simple Wants. That one concept gave me a new way to think about my budget and expenses - that alone made the book worth reading. The other useful stuff was icing on the cake. BTW, I read the book because I was doing an Intuit Town Hall show with the author as one of the moderators. ( )
  jjmcgaffey | May 16, 2009 |
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Amazon.com Product Description (ISBN 0307406199, Paperback)

Your Good Life Starts Now

Live beyond your means but spend within them.
Take your steady out for that $350 dinner after the big promotion. You might just have to eat PB&J for a week to make it happen.

Splurge when it makes sense.
Buy the designer jeans you can’t live without in your size, at full price. But you better walk away from last season’s must-have sweater, even if it is 75 percent off!

Make more money with your money.
Invest in stocks to make the big bucks and start saving for retirement now.
You want to be debt-free in your swinging sixties.

Have it all . . . just not all at once.
Want a Mercedes more than anything in the world? You can make it happen . ..but probably not while sharing a summer beach house with your friends.

Finally a savvy, realistic finance book for those of us who love our Starbucks mocha lattes and Razr cell phones but don’t want our Jimmy Choo shoes or Bose headphones buried under a pile of burgeoning debt. Twenty-something financial reporter Farnoosh Torabi tells you that you can satisfy your sophisticated tastes and achieve financial bliss.

The key: prioritizing your expenses according to what you want the most—splurging when you can and saving on other things. From sensible grocery shopping (yes, you can have your organic yogurt and eat it, too!) to cyberbanking, empower yourself to live a guilt-free, Gucci- and gadget-clad good life without sacrificing financial security.

(retrieved from Amazon Fri, 24 Apr 2009 07:58:23 -0400)

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