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Reviewed by Edith Wairimu for Readers' Favorite
In Creative Ways with Money: What You Can Do to Protect and Enhance Your Savings (Know Your Finances), Jennifer Lancaster examines the loopholes that scammers exploit and guides readers on how to make sound financial decisions. As financial systems become more and more complex, scams have become even more difficult to identify. The work shares tips on how to protect your savings through ways such as mastering negative emotions. It also examines the issues within the Australian financial system. It explains how one can be creative with their money and it examines virtual currency and pitfalls within the system. It also includes tips regarding other industries such as real estate and offers advice on how to set up passive income streams.
I loved that though the tools and techniques included are based on the Australian financial system, they are applicable to other financial systems as well. Advice such as how to identify scams and how to invest wisely is also applicable, regardless of one’s economic and financial setting. Actual examples of scams that have robbed people of millions of dollars add weight to the book’s arguments. They also help point out the strategies that scammers use. The work gives attention to significant issues within financial systems that should be addressed and also urges investors to be vigilant in protecting their savings. Jennifer Lancaster’s financial guide, Creative Ways with Money, is an important work that contains numerous useful and practical tools for building and protecting savings. It will also be useful for beginner investors seeking investing advice.