Book:
Honey, I Lost All Our Money!
Author:
Anil Rego
Publication:
CNBC TV 18
In today’s time, we believe in earning money (and a
lot of it) and spending it (most of all) lavishly, unlike our parents’
generation which believed in saving for the rainy day. Most of us today are either
unaware of various saving schemes and the tax benefits they provide or disinterested
in pursuing it at early stages in life. When we eventually realize the
importance of saving, we do so hastily by investing in schemes that we don’t
understand. There is a lot of information on the internet with respect to
saving money through debt and equity related instruments. Almost all the
information are represented in a monotonous manner and evokes little interest
among the readers.
In his book, ‘Honey, I lost all our Money!’, the
author Anil Rego beautifully narrates the experience of the protagonist, Sunil’s
escapades in the world of investments. Sunil, who thought he knew everything
about saving and growing money, ran out of every rupee he had saved. Eventually
learned from his mistakes and slowly rebuild his finances and ensure he retires
early with a good money base. Finances and investments a rather boring topic,
has been captured by the author in an interesting and engaging narrative to
which the readers can relate to.
Instead of explaining each financial instrument
point-by-point Anil has beautifully weaved it all into the story without making
it too overpowering or boring to the readers. The internet today has pages and
pages of information on investments, the right way to do it and what to avoid;
however, it is difficult to get the customised information based on each person’s
requirements or priorities.
The message of balancing the investments and not
becoming over reliant on a single mode of investment is clearly evident in the
book. Also, the fact that never invest in an instrument that you do not
completely understand is highlighted. The book mentions some simple techniques
to make his mantra of “Sit back, relax and make your money work for you,"
work effectively. This book is a must read not just for serious investors, but
for the novice who do not know anything about investing at all.
I would rate this book 4 out of 5.
About The Guest Reviewer:
Varun N Rao is
a Senior Content Specialist at a US-based software company in Bengaluru. In his
'strictly me' time, he creates realistic portraits with pencils and paints,
paintings and funny caricatures. He also creates digital works and explores new
trends in the art world both, digital and fine art. Follow his works at www.facebook.com/vartoonss/
Apart from this, he helps his wife to create delicious, mouth-watering chocolates under the banner Eat More Chocolates (www.facebook.com/eatmorechocolates).
Apart from this, he helps his wife to create delicious, mouth-watering chocolates under the banner Eat More Chocolates (www.facebook.com/eatmorechocolates).
When not creating portraits or preparing chocolates, he indulges in some lazy time to read biographies, fiction and non-fiction books, editing his wife's articles/blogs/short stories or just watch movies, comedy serials etc.
I received a review copy of the book from the author in exchange for an honest and unbiased review.
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