2 out of 4 stars
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Money Intelligence by Susan Wahhab is a financial self-help book. It’s purpose is to help people change their mindset from a Consumerholic into an Investorgetic by developing Winner Partnerships. Throughout the book, the author shares her parent's story in the Palestinian city of Ramallah. She describes their financial situation and the key points that helped her parents succeed in business and life.
The author has over 20 years of experience as a financial strategist in Australia. As such, she is more than qualified to give excellent financial advice. In this book, she shares several of her clients’ stories. These stories show exactly how they were able to make small adjustments in their life to yield big results. That is something I believe readers will find useful.
This book turned out to be a poor fit for me. While I enjoy learning about money management, my situation is very different than the average Australian (or American). Making financial investments is something that I know absolutely nothing about and I was often lost in the numbers. The author mentions several times that she is a numbers person which is a very good thing for her business. However, because I am not mathematically inclined, it was hard for me to understand certain parts of the book.
The author's personal story is inspiring and fascinating. I loved seeing how her parents made changes and worked hard to overcome every obstacle in their way. Her mother is an incredibly strong woman who managed the finances for their business and ran a shop in a patriarchal society. She defied cultural norms to make a better life for her children which is something to be applauded.
The information in this book is solid, but the presentation is a little overwhelming. The author offers list after list of financial advice making it impossible for me to keep up. I think the book is trying to solve too many problems at once, causing an information overload. It feels somewhat disjointed between telling her parent’s story, offering advice, and sharing different client cases.
I struggled with how to rate this book. It is well written (I only noticed two grammatical errors) and offers great advice. However, the sheer volume of information makes it extremely difficult to process. For that reason I have decided to give it 2 out of 4 stars. Sometimes keeping it simple is better than covering every aspect of a subject. For people who want to learn why and how they can invest, this book is a good place to start. The author's personal story is certainly motivating and the advice she gives is sound.
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Money Intelligence
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