Friday, 23 November 2012

Book Review: Debt-Proof Your Christmas by Mary Hunt



Publisher's blurb: Christmas--with no debt, less stress, and more joy!
Christmas may be the most wonderful time of the year, but it's also one of the most stressful--and most expensive. Expectations run high, and it's tempting to whip out the credit cards to create the perfect Christmas, with lavish meals, new decorations, and the latest, greatest gadgets and fashions for everyone on your gift list.
But you don't have to overspend or go into debt to have a fabulous holiday.
Financial expert Mary Hunt shows you how to assess your situation, commit to no new debt, and think creatively about gifts. With Mary's guidance, you'll discover what caused you to overspend in the past and how to approach this Christmas with a plan. It just might be the best gift you can give yourself and your family.
My review: I didn't find this book all that helpful . Perhaps because I am a consultant and don't have a "steady" income, I already know all the tips & tricks to being frugal. I didn't learn anything new in this book, if fact I found a fair bit of it out of date. For instance it has tips about zeroing your checkbook at month end to save any remaining balance. First of all, who still uses a checkbook? Online banking is all the rage here. Second, bills are no longer paid all at one time. There are automatic withdrawals that require funds to be in the account at all times. You can't simply move leftover funds at month's end. 
I found many of the stories in the book, while touching, to be a little out of date as well. Many seems to be written by older folk about things many youth or young adults today would just not relate to. For instance the story of the house-bound invalid Mother giving her son $10 that she had saved for a rainy day, as a Christmas gift. In the world of today where kids are just handed $20 whenever they want something, I don't think getting a saved $10 in a card is going to register with many of them. Sorry nothing new in this book - I would not recommend it to others.


"Book has been provided courtesy of Baker Publishing Group and Graf-Martin Communications, Inc. Available at your favourite bookseller from Revell, a division of Baker Publishing Group".

2 comments:

Gill - That British Woman said...

I have to disagree with you on the review, I loved this book.

Gill

Gill - That British Woman said...

Kim,

I got the Crispers one from a pckage ages ago, and the butter one was in a recipe booklet that I got in one of my magazines....

Join Smart Canucks and you will learn about more there and Mrs. January is a good site as well.

Gill