Gregory Karp gets it. He understands that saving money does not mean doing without. In his new book Living Rich by Spending Smart, he gives us clear specific advice on how to spend money.
Starting with the basics of Food, Insurance and Telecommunications, he shows how to get the best deals, how to spot scams and how to avoid many of the common pitfalls when spending on necessities. He then progresses on to cover topics such as how to negotiate for better credit card rates and retail services (providing actual sample scripts), the financial wisdom of installing double-pane windows in your house and the economics of buying a hybrid car versus a traditional vehicle.
Karp writes a syndicated newspaper column, Spending Smart. That style comes through in his book. It is easy to read, short on philosophy with plenty of concrete advice and real-world examples. He talks about many of the common mistakes people make when calculating their own finances and how to avoid them. He devotes entire chapters to identifying counterproductive buying traits such as impulse buying and rationalization and a list of his own pet peeve wasted purchases like bottled water and extended warranties
Living Rich by Spending Smart is a great book for people who are just beginning and trying to figure out how to manage their finances as well as more experienced budgeters who can access advice on a wide variety of topics in one convenient location.
The book concludes with an ending section about spending smart for your happiness.This book is a strong guide that complements the Budget Savvy philosophy in a very practical manner.
You can purchase Living Rich by Spending Smart from Amazon.com for $12.23 (32% off the list price)