Passion Saving: Review and Giveaway

May 30, 2008 · Filed Under Announcements, Frugality, One Month Challenge 

I received a copy of Passion Saving for review last week. This is the first review copy of a book I’ve been sent but if there are any other personal finance authors out there who would like me to to review their book feel free to contact me. I won’t guarantee a good review though. In conjunction with the review I’ll be giving away a copy of Passion Saving. Just leave a comment by noon CDT Monday and I’ll randomly pick a winner then.

The full title of the book is Passion Saving:The Path to Plentiful Free Time and Soul-Satisfying Work and the author is Rob Bennett. Rob managed to retire early and in this book he shares how he did it. This book is more about motivation than nuts and bolts. He distinguishes between what he calls Sacrifice Saving and Passion Saving. If you can change your mindset to see saving as buying you a little bit of freedom rather than something you have to do that you won’t be able to enjoy for many years than saving will become much easier. Another point he makes that I like is that 10% of your income is probably the worst percentage of your income to save. It is just enough to be painful but not enough to quickly see results. If you want to retire early you should be increasing the percentage of your income that you save. The main focus of this book is changing how you think about money and savings.

There are only a couple of things I didn’t like about the book. He seems to like creating buzz words such as Fun Units, The Freedom Store, etc. This seems to be pretty common among personal finance writers now so I won’t fault him too much for that. My other criticism is a mild one that if you have read Your Money or Your Life you really shouldn’t need this book. If after reading YMOYL you still need motivation than this book might work for you. You can only order this book at Passion Saving.com.

If you would like a chance to receive a free copy of this book just leave a comment to be eligible for the giveaway.

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Comments

7 Responses to “Passion Saving: Review and Giveaway”

  1. Michelle Rosborough on May 30th, 2008 6:39 pm

    I’d love to read this book

  2. Lashawn on May 31st, 2008 12:00 pm

    Sounds interesting…..enter me for a chance to win the free book.

  3. A Rich Life - Personal Finance for Liberal Arts Graduates on June 18th, 2008 7:38 am

    [...] The Tight-Fisted Miser blog has posted a review of my book Passion Saving: The Path to Plentiful Free Time and Soul-Satisfying Work. [...]

  4. Passion Retiree on June 18th, 2008 7:56 am

    Anyone interested in more reviews should go to Amazon Books, and type in Passion Savings.

    I think the reviews and many comments there are quite revealing.

  5. Rob Bennett on June 18th, 2008 2:14 pm

    My suggestion is that anyone reading the negative review at Amazon.com take note what the author has to say about Mallo Cups. How can anyone not like Mallo Cups?

    Everyone is entitled to his or her opinion, of course. But still….

    Rob

  6. Tight Fisted Miser on June 18th, 2008 4:50 pm

    I’m only seeing two reviews there neither one of which seems impartial. I don’t think they’re actually very helpful.

  7. Buzz Updates | A Rich Life on August 4th, 2008 9:01 am

    [...] Updates Published in August 4th, 2008 Posted by Rob in Buzz Updates 1) The Tight-Fisted Miser writes a review of my book Passion Saving: The Path to Plentiful Free Time and Soul-Satisfying Work. The blog [...]