The 10 Commandments of Money

Survive and Thrive in the New Economy

By: Liz Weston

Narrated by: Heather Henderson

Length: 11 hrs and 43 mins

Publisher's summary

For previous generations, living within your means was a simple formula. Now, with the staggering rise in health-care, medical, and housing costs, millions of people find themselves skating from paycheck to paycheck with no idea how to move forward.

As the most widely read personal-finance columnist on the Internet, Liz Weston has heard the questions and has the answers. This book will help listeners avoid critical mistakes, survive the bad times, and thrive in the good ones. Pointers include how to balance your budget, pay down debt, pay for college, save for retirement, and more.

Liz Weston’s goal is to provide the practical guide to the brave new world of money. What Sylvia Porter’s Money Book was to the 1970s, The 10 Commandments of Money will be for the 2010s.

©2011 Liz Weston (P)2011 Blackstone Audio, Inc.

Critic reviews

“This book is money manna from heaven, and Liz Weston is the financial sage of our times. She’s revised the tired truths about finances and offers up smart, timely advice on paying off debt, investing for retirement, setting up a real-world budget for years to come, and more. I’d follow her anywhere!” (Beth Kobliner, author of Get a Financial Life)

“Financial columnist Weston provides a workable happy medium between fear and fecklessness…Loaded with tips and ideas and illustrated with plenty of examples, this book hits all the major themes for total financial literacy in a conversational, digestible tone…A godsend for the financially befuddled, bewildered, or just plain anxious.” ( Publishers Weekly)

Should be Taught in Schools

Would you listen to The 10 Commandments of Money again? Why?

Yes, it's worth listening to a second time to be sure that none of the information slips through the cracks. It's all common sense.

Great advice on finances

I've been drowning in debt for a while and am looking forward to trying some of these strategies.

Saving Money

There were some good tips about car, home, and rental car insurances. The advice was very straight forward and easy to listen to with some relationship counseling about financial cheating thrown in.

Great info for anyone, but dated

Lots of great info in this book however it’s a bit old some of the laws changed since then also cell phones no longer really have friends and weekend plans and minutes and stuff like that the reader delivers an authoritative yet kind information to understanding your finances

was alright

was sounding pretty good until the recommendation of mutual funds. To each there own but I wouldn't own a mutual fund

May Be Better as a Hard Copy

Would you consider the audio edition of The 10 Commandments of Money to be better than the print version?

No. There is a lot of information in the book, such as websites and book titles, that would be much easier to follow in a print version. It sounds ridiculous for the reader to read out a website link. "w-w-w-dot-go-to-my-site-dot-com-forward-slash-while-you're-driving-forward-slash-dot-h-t-m-l."

Any additional comments?

Although I wouldn't necessarily recommend the audio version of this book, the content would lend itself well to a print version. I plan to follow up on some of the information I heard, although it's difficult to take notes, etc. if you listen while driving or doing something else hands-on.

a great advice!

Good money strategies. A little dated, especially when she writes about cell phones. I recommend it to anyone that doesn't understand money or needs a quick reminder.

Must read

Basically a CFP in a book. Knocked it our in less than a day at 2.5 speed. And it’s free!

Need to know about money

This book talked about every possible scenario that would include money. great book to read.

A bit of a different philosophy on money

I tend to listen to or read a book in money/finances every month or so.
There were a lot of practical points that I enjoyed about this book. I think my main hangup is that the author depends on debt far too much. I am not as extreme as Dave Ramsey on the subject, but debt does not have to be as much of a factor in our lives as Weston allows for.
For instance, she says it is a good idea to have one's house paid for before retiring. My first thought was "no duh Liz!" Maybe a better goal is to have your house paid for before you are 40! Her point of course, is that you get a low cost loan with a mortage and can invest your money elsewhere. I prefer not to play the bow to the FICO score game, but to each his/her own.