Get Good with Money Book Summary

Book Summary

15 min

Audio available

Brief Summary

Your finances are your foundation. The beautiful thing is that your financial foundation can always be rebuilt. Aliche has experienced financial ruin and can walk you through a clear, step-by-step path to financial freedom.

In her easy to read book, Aliche covers everything from how your thoughts influence your financial habits, what we can learn from squirrels, how to free yourself from debt while building your credit and more. She reviews the must-haves, provides clear-cut directions for creating a budget that makes your money work for you, and provides reassurance that financial success is possible for anyone -- so long as you’re willing to work for it and be intentional about your finances.

By the time you finish the book, you’ll be armed with a roadmap to financial security.

About the Author

Tiffany Aliche is an award-winning financial educator who’s been a regular on talk shows, has authored a number of newspaper articles, and hosts a popular podcast. Referred to as “The Budgetnista.” Aliche founded the Live Richer Academy with a mission to educate women on how to better manage their money and experience financial security. Looking to pass her knowledge along to the younger generation, she helped create a 2019 bill that would make financial education mandatory in schools.

Topics

Money & Investments

Get Good with Money Book Summary Preview

In an experience thousands of Americans have shared, Tiffany Aliche watched herself go from financially secure to broke and deeply in debt in a matter of weeks. What she did in response has served as a roadmap for women across the country.

Aliche took control of her own financial future and used what she learned to create a set of ten principles that have proved invaluable for more than a million women. In her book, she outlines her principles, explains the fundamentals of budgeting, and provides a blueprint for getting “richish.”

Rethink Money and Success

As we’ve seen over the past two years, professional and financial stability can vanish in a heartbeat. The question then becomes what to do when the worst-case scenario happens?

Aliche spotlights becoming “financially whole” as the goal and demonstrates how the way you think about your finances can have a dramatic impact on how quickly you’re able to rebuild.

According to Aliche, being financially whole equals the ability to not worry about unexpected financial disasters. It means your finances are all working in sync for you - not the other way around.

For many, thinking or talking about money inspires feelings of anxiety and shame -- especially for women. Aliche claims you can overcome these feelings by implementing a few basic practices.

Explore the Why: Explore why you act the way you do (in relation to money) and identfiy where these behaviors come from. Likely your approach to finances was shaped by parents, your community, and society as a whole. Instead of continuing to operate on autopilot, start looking at your behavior and how it makes you feel. Then, assess whether these behaviors are moving you closer or further away from your goals.
Own Your Own Voice: Take ownership of your life and your finances. Take time to envision what you’d look and sound like if you were amazing with money. What would it feel like to make your money work for you? What would it feel like to be boss? Once you get a clear view of what the future can look like, you’re more able to chase it.
Find Your Bliss: Embrace gratitude and joy. At the end of the day, money is not what will make you happy (at least after a certain point). Change is uncomfortable. Finding gratitude in your life and your journey will carry you through the uncomfortable periods.
Create a Village: Surround yourself with love, support, and accountability by finding people who build you up instead of breaking you down.
Embrace the Power That Lies Within: Know your own power -- and recognize that it lies within you. Acknowledge that you already have everything you need to master your finances. This is just the beginning of your journey.

Budget Like a Pro

Your budget is the foundation of your financial freedom. Taking the time to create and manage a strategic budget gives you the power to say yes to life (vacations, purchases, and more).

According to Aliche, budget is verb -- an action. She explains that too...