Michele Singletary is a financial advice contributor on NPR who also writes the Color of Money column for the Washington Post. With the possibility of a recession looming, now is an excellent time to study and apply sound financial advice and Michelle offers this in spades in her book “Spend Well, Live Rich”
The book explores seven principles that Michele learned from her grandmother including, “If it’s on your ass it’s not an asset” and “Priorities lead to prosperity”. She also explores issues like budgeting, life insurance, and saving for your children’s education. What I liked most about the book is its simple common sense advice and its easy application in everyday life. Often such books are for those who are either completely engulfed in financial problems or for those who have never had any. Michele’s book focuses on those who fall in between the financial extremes as well as those who dwell on the fringes.
African American economic empowerment will not be the result of some mass economic uprising but rather the result of many individuals taking control of their financial futures. “Spend Well, Live Rich” is the perfect book for anyone who is looking to improve their own lives as well as those of their people. It is a must read.
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