Wednesday, January 3, 2018

The Financial Diet, by Chelsea Fagan

Millennial Chelsea Fagan has some advice for other millennial women: it's not too early to learn to be good with money.  Her new book, The Financial Diet: A Total Beginner's Guide to Getting Good With Money, is aimed specifically toward female millennials, but her tips apply just as well to anyone, whatever sex or generation, who needs to get better with money.

Fagan's successful blog The Financial Diet gave her exposure and a platform for educating and inspiring others to get their financial lives in order.  The Financial Diet covers familiar territory for personal finance books: create a budget, set aside an emergency fund, start investing for retirement, take advantage of your employer's matching funds, etc.  Fagan covers these areas nicely, with plenty of explanations and definitions for the total beginner.

Where Fagan sets herself apart is her chapters on household matters.  For millennials, or anyone else setting out on their own or making adjustments to a household budget, Fagan's practical tips on cooking and furnishing a home are welcome.  Her step-by-step guide to equipping a kitchen, including shopping guidelines and sample recipes, is great for anyone, especially anyone who frequently asks himself or herself, "What will I fix for dinner?" and ends up answering, "Take out."

Fagan has a bit of an attitude and a mild potty mouth.  I guess this appeals to millennials.  In spite of that, The Financial Diet is a great, basic resource.  Maybe my kids, who will be out on their own sooner than I would like, will follow her advice, because I'm sure they won't listen to me.  



Thanks to NetGalley and the publisher for the complimentary electronic review copy!

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