Winning The Money Game: A Rule Book to Achieving Financial Success for Young People

by Adam Carroll, Chad Carden

Guide to being debt free and gain financial freedom.

Genres: Nonfiction, Personal Finance

Paperback

First published April 1, 2005

Reviews

[Ann Marie · Rating 3 out of 5]

As a young professional who's already good at saving, a lot of this book didn't really apply to me. However, I still got some good ideas about earning interest and passive income. While the authors don't really go into a lot of depth, this book is better seen as a primer in how to perceive and build wealth. The authors are all about breaking down the "Keeping up with the Joneses" approach and focusing on needs vs. wants. I think this would be very useful for high school graduates as they're starting to make bigger financial decisions. My brother, who is a sophomore in college, introduced me to this book and attended a talk by Adam Carroll. Now he's hooked!

[April · Rating 3 out of 5]

Found this in our little free library. Easy to read in about 30-minutes. It’s a bit dated (from the mid-2000s) but the basics remain true still to this day. Book is geared to College students who have no idea what finances really are. As a 40-year old professional I kept asking myself: do people really not know this stuff?! But I guess when others really do have massive amounts of debt, they may need a book this basic. I read this through and think it would be a good primer for my 15- year old to learn about money basics.

[Courtney · Rating 2 out of 5]

There were a significant amount of typos and formatting errors in my copy of the book that were distracting. Overall, I didn't learn many new tips from this book, but I also understand I'm outside the target audience now. Might be helpful for younger readers.

Though let's be real, what college student can afford to buy a house and rent it to their friends? Pretty sure the authors privilege was showing there. Yikes.

[Mary · Rating 2 out of 5]

Good, basic information except for the buying a house while you are in college - that's a "get real" moment if there ever was one, might be helpful for people who have family support but not for those who are barely able to pay for their college, or can't afford college.

[Michael Curry · Rating 3 out of 5]

I love Adam with my whole heart, but I do believe some of the information is a little outdated at this point. I do most of the tips anyway but it has become increasingly difficult in this economy to be able to have the luxury to invest in assets like they recommend

[Stephanie Bibb · Rating 4 out of 5]

A friend recommended Winning the Money Game to my husband and I. Since I'm fascinated by finances and business, I went ahead and picked up the ebook version.

Winning the Money Game is short and sweet, but it packs a lot of helpful advice and information. Several of the tips I was familiar with, but there were still several things I hadn't thought about and I'm considering implementing. Plus, there are plenty of examples to help explain the various concepts. It looks at the idea of how money can work for you, rather than you having to live from paycheck to paycheck.

The good thing about the book is that it sheds light on various financial topics that are helpful for college students and those recently out of college. The bad thing about this book is that it makes you take a second look at everything you're spending money on that isn't a need (Don't get me wrong, this is also a plus).

I would recommend Winning the Money Game to most anyone, especially anyone with any sort of debt (especially student loans) or who have a tendency to overspend.

[Alice · Rating 3 out of 5]

Easy read, probably should have read it at 18 rather than 32. Had some good common sense advise, but also ridiculous stuff like buying a house in college and renting it out to your friends to pay the mortgage...

[Dave · Rating 3 out of 5]

Targeted for college students, but a good (& quick) read for anyone. The only criticism would be that they seem to make owning your own business an overly easy thing to do. They have good advice on credit cards and debt.

[Andy McLean · Rating 5 out of 5]

This book is a must read for all young people. Lays out some interesting ways to think about money and planning for the future. I read it in two sittings but could have done it in one. Easy read but very important.

[Katie Weiler · Rating 5 out of 5]

Great book for young people on how to set yourself up for financial success at a young age