"Buy This, Not That: How to Spend Your Way to Wealth and Freedom" by Sam Dogen is a personal finance book that provides practical advice on how to spend money wisely and achieve financial freedom. The author, who is the creator of the financial blog "Financial Samurai," draws from his personal experience and offers tips on how to save money, invest wisely, and make better purchasing decisions.
The book is well-organized and easy to read, with each chapter covering a specific area of personal finance such as housing, transportation, and entertainment. Dogen uses a "buy this, not that" approach to help readers make smarter purchasing decisions and avoid wasting money on unnecessary items or services.
One of the strengths of the book is Dogen's emphasis on the importance of a long-term financial plan. He encourages readers to think about their financial goals and create a strategy for achieving them, rather than just focusing on short-term savings or impulse buys.
Overall, "Buy This, Not That" is a useful guide for anyone looking to improve their financial situation and make smarter purchasing decisions. The advice is practical and straightforward, making it a good resource for those who are new to personal finance as well as those who are looking to refine their financial strategies.
However, some readers may find the advice to be too simplistic or not applicable to their specific financial situation. Additionally, the book focuses mainly on the practical aspects of personal finance and does not delve deeply into the psychological or emotional aspects of money management.
You should read "Buy This, Not That: How to Spend Your Way to Wealth and Freedom" if you are looking for a practical guide to managing your money and achieving financial independence. The book is written in a clear and accessible style, and it provides readers with actionable advice on how to optimize their spending habits, save more money, and invest wisely.
Dogen, who runs the popular personal finance blog Financial Samurai, draws on his own experiences and those of other successful investors and entrepreneurs to offer a wide range of tips and strategies for building wealth. He covers topics such as buying a home, investing in stocks and real estate, managing debt, and negotiating salary increases.
One of the strengths of the book is Dogen's emphasis on finding ways to increase your income, rather than simply cutting back on expenses. He encourages readers to think creatively about ways to earn more money, whether through starting a side hustle, investing in a rental property, or negotiating a higher salary at work.
There doesn't seem to be significant criticism of "Buy This, Not That." The book has received positive reviews from readers and critics alike, praising its practical and actionable advice on personal finance and investing. However, as with any financial advice book, some readers may not agree with all of the author's recommendations or may find certain sections less relevant to their personal situation. Overall, the book appears to be well-received and a valuable resource for those looking to improve their financial habits.
Overall, "Buy This, Not That" is a valuable resource for anyone who wants to take control of their finances and achieve long-term financial security. It provides practical and actionable advice, backed up by real-world examples, that can help readers make smart financial decisions and build wealth over time.
