The Financial Wisdom of Ebenezer Scrooge: 5 Principles to Transform Your Relationship with Money

by Ted Klontz, Brad Klontz, Rick Kahler

Book Overview

Discover the 5 Essentials to Financial Freedom and Prosperity Do you wish you had more money saved for retirement? Do you and your partner fight about money? Do you want to make an investment but are... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0757303544
• ISBN13: 9780757303548
• Release Date: January 1
• Publisher: Hci
• Length: 151 Pages
• Weight: 1.20 lbs.
• Dimensions: 0.8" x 5.3" x 7.7"

Customer Reviews

Innovative and illluminating

As one of the authors of this book says, "We all know the formula to good financial management is to earn more and spend less. So why don't we do it?" This book shows us that the secret is in our emotional response to money: having it, not having it, feeling that we shouldn't have it and why. Often these responses were formed when we were quite young and we're not conscious of them and how they direct our money-related actions. The authors explore many people's dysfunctional relationships with money and unravel how and why they came to be, thus allowing them to form new, healthier patterns. The book is filled with illustrative examples from real people, so it's juicier, more interesting and more informative than a theoretical treatise about money management. There's also one story about a woman who makes buckets of money and still has money problems. Money challenges are examined from all angles. The authors also share their personal stories, all of which are powerful. The comparisons to Ebeneezer Scrooge are fun and illustrative too, though he's obviously an extreme case. Highly recommend this book. It's small, easy to read and you'll easily be able to make positive changes in your life from reading the examples and doing some of the suggested exercises.

An unexpected financial metaphor

I found this book to be one of the BEST and most fun personal finance books I've ever read (And I've read a lot of them). The mantra that Klontz, Klontz and Kahler drive home, "It's not about the money, it's about how we think about money," is a powerful reminder of how we use money to act out personal self worth. "Scrooge" taught me that your net worth does not equal your self worth. They also created the phrase, "our money scripts" which I found to be all so true for me. I was also fascinated by the in-depth research they conducted on the author of "The Christmas Carol," Charles Dickens and how much his life was woven into the text and lessons illustrated in Scrooge. I loved how they cleverly used A Christmas Carol as a metaphor for our financial lives and how true it remains today. A must read!

Life changing wisdom...from a classic to a classic

While this book is small and an easy read, don't let it fool you. It packs a powerful punch. I found it to be one of the most entertaining "money psychology" books I've read, probably due to the Christmas Carol story as the theme. Also, the authors blunt honesty about their own challenges make the message that much more accessible. I had the opportunity to interview both Ted and Rick on my Internet radio show EverydayWealth Radio about the book and found them to be just as engaging on the air. While you can breeze through this well-written book, the real challenge is applying it and that will take some time. I am still digesting it and working on my money scripts but already have realized some interesting insights. I would have liked more examples from other readers -- maybe on the website or on the next book?

A quick, meaty read

The tie in with Scrooge makes the principles very understandable. I read the book in one night - pleasantly surprising for a "finance" book. I had already read Conscious Finance and the 2 books reinforce each other. They were a great help in goal setting and transforming my thinking about money's role in all phases of my life.

Best Financial Read Ever

This book was a really good and easy read that freed me up to completely revamp my thoughts and actions around money. I used to experience fear and loathing when I read those run-of-the mill financial books that tell me what I should be doing with my money (as if I didn't know, and as if I didn't have to eat and pay rent). This book is different, and it feels so REAL. I have already been able to benefit from the principles the authors set down in the book, and I feel like I have really CHANGED. I already feel wealthier, and my bad habits are melting away effortlessly. Highly recommended, I think a lot of people are going to like this and benefit from it.