During April 2018 I will be blogging about my memories as MOM OF 6 from A to Z . These challenge posts will also be found at Creation and Compassion http://marcyhowes.blogspot.com/

Monday, May 7, 2012

Million Dollar Diva Book Review

Author Tristi Pinkston recently asked me to read and review her latest book, Million Dollar Diva, which she co-authored with Brett Kitchen and Ethan Kap. I received a free copy of this book, but have not received any other compensation for this review.  For a limited time, you can also order a free copy of her book from the Million Dollar Diva website (http://www.milliondollardiva.com/).  Here is the back cover description of this new book:

Finally--the woman's answer to growing rich safely! Women today face more money challenges than ever before, from managing careers and families to finances--the demands on their time and resources are increasing. Bad financial advice abounds, and it can be hard to know what to do. Award-winning author Tristi Pinkston teams up with bestselling authors Brett Kitchen and Ethan Kap to bring you Million Dollar Diva. Experience Tristi's real-life transformation from struggling in debt to million-dollar retirement!

In this book you'll discover:

• The 5 step, simple safe, and predictable process to change living paycheck-to-paycheck to enjoying wealth and security.

• How to give yourself a $400 per month raise without asking the boss or working a minute of overtime.

• "Spend Like a Diva" How to have anything you want--nice vacations, eating out, trips to the mall. It's all part of the plan!

• The secret formula of how to completely eliminate your debt in 1/3 the time and save tens of thousands on interest costs in the process. You'll see why all the TV gurus are wrong!

• 5 Million Dollar Diva investing strategies that will grow your money safely and predictably every year, without the guesswork.

• Plus! Discover the key to stop fighting and quarreling with your spouse about money forever!

Imagine yourself living debt-free and building a million-dollar retirement safely and securely, so you can have total confidence in yourself and your future. YOU CAN BE A MILLION DOLLAR DIVA!

I picked up Million Dollar Diva the day it arrived to glance through it, and ended up finishing the entire book that same evening. The book is a quick and easy read, yet it is filled with strategies for increasing your income, eliminating debt and investing wisely. The authors also explain how all of the areas of our lives are impacted by our financial situation. Money isn't everything, but everything in our lives is affected by our financial situation, so we need to learn how to control it.

The first few chapters of the book introduce us to Tristi, her co-authors, and Tristi's desires to improve her financial situation.  The authors explain how closely our financial situation is tied to our emotions, and how important it is to carefully track spending so we can control it.

Chapter 5 outlines strategies for driving down debt and lists the url for the Million Dollar Diva website (http://www.milliondollardiva.com/) where for a limited time (Until June 15, 2012) you can order your own free copy of the book.  (You will be responsible for the $5.95 shipping and handling charge.)  You can also download free apps for your phone to help you track expenses, and request a free Million Dollar Diva Blueprint to guide you in paying off your debt in half the time you thought possible. The website includes a blog authored by Tristi Pinkston where she chronicles her experiences in following the strategies introduced by her co-authors.

Although I would have liked to see more advice on budgeting and limiting the use of credit, the authors did share personal stories of how learned as youth to not expect entitlement, and to work for what they need. I'm not totally convinced  that the strategies outlined in this book will enable me to "Spend like a Diva" and fulfill my financial dreams, but I did like Chapter 8, where I read one of my favorite pieces of advice:

"Becoming a Million Dollar Diva requires both sides of the coin---paying off your debts and starting your wealth account. And I mean today. Not tomorrow. Not next year. Not after your debts are paid off . . . pay yourself first."

The authors then go on to share their thoughts on safe investing for retirement and other future needs. I have always believed in setting aside some savings every paycheck, and have often tried to do so, but the money always seems to disappear before the account grows very large. For some time I have been planning to set up an automatic withdrawal from my paycheck to a savings plan through my work, and this chapter has inspired me to set things in motion. I know that I need to pay myself first!

Brett Kitchen, Tristi Pinkston, Ethan Kap 

This book is not intended to give individual tax or investment advice, but is intended to introduce some unique and powerful concepts and strategies to help you improve your financial situation.  If you, like me, feel that your financial situation could use some improving, this free book and website may provide the help you are in need of.

 Million Dollar Diva is also available for purchase through Amazon.

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