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  • Straight Talk on Your Money: The Biggest Financial Myths and Mistakes...And How to Avoid Them

  • Written by: Doug Hoyes
  • Narrated by: Doug Hoyes
  • Length: 6 hrs and 6 mins
  • 4.9 out of 5 stars (7 ratings)

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Straight Talk on Your Money: The Biggest Financial Myths and Mistakes...And How to Avoid Them cover art

Straight Talk on Your Money: The Biggest Financial Myths and Mistakes...And How to Avoid Them

Written by: Doug Hoyes
Narrated by: Doug Hoyes
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Publisher's Summary

In his thirty-year career, bankruptcy trustee Doug Hoyes has watched countless intelligent, well-meaning people let their emotions get the better of them as they follow conventional financial wisdom and get into serious money trouble. Straight Talk on Your Money cuts through the biggest myths about money and the hype of the financial industry to give you a fresh perspective, the facts you need to know and practical advice to help you prevent financial problems before they happen.

Shatters conventional financial wisdom, explaining why a good credit score may be harmful to your financial well-being, why a house is not an investment, why you should never pay a collection agent, why budgeting is a waste of time - and much more:

  • Challenges generally accepted advice from financial industry "experts" revealing why it's not always a good idea to pay yourself first, and why not everyone should take full advantage of tax-free investments
  • Features dozens of stories and simple examples that illustrate how conventional wisdom can lead you astray
  • Offers practical tips and advice in every chapter
  • Explains how to make better financial decisions by focusing on the facts about money.

With a seasoned expert to point you in the right direction - someone who's seen thousands of people in financial crisis, and helped them out of it - you can make informed decisions, improve your financial health, and live a debt-free, stress-free life.

©2017 Doug Hoyes (P)2017 Doug Hoyes

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What I needed

You have all these books that talk about how to invest and how to get financially ahead, but this one keeps it basic. I just got a new job and finished university so I wanted to learn about investing and how to make my money grow and this book humbled me and made me focus on paying off debts and building a strong foundation at my core before I move to that level. And it also addresses what to do after you have that foundation.

I’ll definitely let my brother give it a listen because it’s what he needs to hear as well.

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Very informative and reasonably entertaining

This is a great audiobook for those looking to get their personal finances in order. This book contains what it says it does. The biggest pro of this book is that the author addresses some common misconceptions about money management and brings up some excellent things to think about. This is not one of those stand alone books that will take you from financially illiterate to reasonably informed but is a very valuable supplemental read. I would recommend reading Wealthing like Rabbits and then this book if you are new to the world of personal finance.

The performance was very well done considering it was read by the author and not a regular voice actor. He has a clean cut style that is easy to listen too and his information is easy to retain.

All in all I was very happy with this audiobook.

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