Reviews - Investing with She's on the Money

60 reviews for:

Investing with She's on the Money

Victoria Devine

3.88 AVERAGE

lucyhj13's review against another edition

3.75

informative

katiedean22's review against another edition

4.5

informative reflective fast-paced

kaithrin's review against another edition

4.25

informative medium-paced

missdragon's review against another edition

2.5

informative lighthearted fast-paced

Non-fiction books about finance are not what I typically read. This book was given to me by my mum after we had a chat about personal finance, and how generally it’s good to start putting some money aside in the stock market, when you’re still young, especially if it’s not money you plan on using any time soon. So I was given this book as a jumping off point, because my mum has some knowledge of the podcast.

I thought overall the advice was good, but very basic. I appreciated sort of being hand held into terminology but there wasn’t a huge amount in there I didn’t learn from my accounting 1101 class, which covered things like reading a financial report in a lot more depth (and all the ways they can be scuffed). This book was very much about encouraging people to invest in the stock market, and also had kind of a feminist discussion about gender pay gap and what not, though not in a lot of detail. Honestly my main take away from those parts was that it would be financially beneficial to marry a guy, because it would improve my retirement situation (on average), assuming things did not go horribly wrong in a divorce (I do hear some horror stories). If you have a basic understanding about investing (which I feel I did), then this book is not really for you.

The other thing is, since this is a book, the main advice given is to pay for a financial advisor or to get an accountant, which is beyond my means, which was a little bit frustrating. Still, the book had enough in it about the basics that it would probably suit my purposes, I just felt like there could have been more meat. There’s also a few instances of page filler, every chapter ends with some quotes of anecdotes about the chapter topic, I noticed one of these appeared twice in two different chapters. This book is also a sequel (which I didn’t know) so there are points when she says she isn’t going in depth in a topic because it was in her last book.

I’m a little bit struggling to make up my mind on this one. On one hand, I think the information suited my purposes. Knowing that I don’t have to worry about tax on investing, unless I am paid dividends (which becomes taxable income) or sell shares (which I don’t intend on doing for like thirty years) is good to know, it’s not a bad main take away. I just felt like this could have had a bit more depth, but it is also for beginners. ¯\_(ツ)_/¯

Also this book was specifically about Australian, Australian investing, our platforms and our tax model, it was also published recently and all the information is relevant. Good if you have no prior information on the topic.