Money Drunk, Money Sober; 90 Days to Financial Freedom

Money Drunk, Money Sober; 90 Days to Financial Freedom
by Julia Cameron, Mark Bryan

Money Drunk, Money Sober; 90 Days to Financial Freedom
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Book Summary Information

Author: Julia Cameron, Mark Bryan
Edition: Paperback
Audio: English (Unknown); English (Original Language); English (Published)
Published: 1999-02-09
ISBN: 0345432657
Number of pages: 240
Publisher: Wellspring/Ballantine

Book Reviews of Money Drunk, Money Sober; 90 Days to Financial Freedom

Book Review: I've read better, but I still recommend this book
Summary: 3 Stars

Whenever I read books on debt issues, I always compare them to "How to Get Out of Debt, Stay Out of Debt and Live Prosperously" by Jerrold Mundis. Buy that book if you are in debt. I also recommend this book, but not as highly, but do buy it and read it. It's got some good material in it.

The focus of this book regarding debts is various addictions people have and how they relate to money. Now, I've never had a drink of alcohol in my life, and I've never had any drugs, so I can't relate to addictions in general, but I must admit, when I read this book and the various levels of addictions people have regarding money, I could see a little bit of myself in each description. If you want a rundown of these, click on "editorial reviews" right above "customer reviews" over to the left.

Having paid off thousands and thousands of dollars in debt over the last 2 1/2 years so far and still working on it, I can say with confidence that debt payment is worth the effort. This book does an excellent job of describing those various personalities of money addicts. The one I identified with the most was the "Big Deal Chaser." I always thought if I bought the right stock at the right time I would make a killing and pay off all my debts. Some people buy lottery tickets while other people are waiting for that big pay raise. Don't waste your time chasing the pot of gold at the end of the rainbow. The pot of gold is right at your feet. Cut up those worthless credit cards and start paying cash for everything. Pay off your debt with your current income. It's not the difficult. Been there done that.

After describing the various levels of money addiction, the authors go over their 90 day plan for getting back on your feet financially. This was a bit of a letdown for me. Some people may find their plan very workable. I basically ignored it. Maybe that's because I'm almost out of debt, I really don't know. I found it kind of incoherent, but there were some things that I liked. One was finding a "money buddy" which is basically someone who you can relate to and openly discuss your money situation with and your debt payment progress. I suppose you could almost call it a mentor in a way. I never had one and I still don't have one, but after experiencing all I have experienced and triumphed over a huge pile of debt, I find myself acting as a mentor to others to help them along the pathway. If you find yourself in debt and need a little coaching, drop me an email. I'll be your "money buddy." Seriously. I love sharing it with others.

I'm giving this book 3 stars. I found the descriptions of the various types of money addictions to be enlightening, but the plan to get out of debt was pretty incoherent. Everybody's different, so perhaps you the reader will find it more useful than I. I do recommend this however: buy this book and "How to Get Out of Debt, Stay Out of Debt and Live Prosperously" by Jerrold Mundis. Read them both. If you're in over your head in consumer debt, it can't hurt to check out all of your options. If you buy both at the same time, you'll even save money on the shipping. Email me with your experiences. I always enjoy sharing my triumphs, mistakes and lessons from the battlefield of the real world.

Summary of Money Drunk, Money Sober; 90 Days to Financial Freedom

In a society where it is often easier to discuss sex than money, many of us have hidden issues about personal finances. But when fending off bill collectors, begging for salary advances, or borrowing from relatives becomes a way of life, unresolved money problems can lead to enormous stress and destroy relationships, careers, and lives. Do you recognize yourself or someone you love in any of these descriptions?

THE COMPULSIVE SPENDER
Do you buy things and hide them?

THE BIG DEAL CHASER
Do you refuse to watch your money because one big deal is going to make everything all right?

THE MAINTENANCE MONEY DRUNK
Is the pay the only thing you like about your job?

THE POVERTY ADDICT
Do you feel morally superior to people with money?

THE CASH CODEPENDENT
Are you afraid to say no to your partner about money?

Through their highly effective seminars, Mark Bryan and Julia Cameron have helped many people free themselves from the painful cycle of acting out with money. The Money Drunk offers new perspectives on the real roots of money problems, showing how to dismantle negative family and societal programming about money and how to undo the destructive patterns that sabotage your financial success. The program teaches new, more constructive habits to anyone who has ever had a problem with money.

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