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Reviewed by Alysha Allen for Readers' Favorite
There are few financial guides that are able to instill such confidence and empowerment as Gayle McKew's Women Mind Your Money: Before Someone Else Does. McKew addresses the knowledge gap between the wealthy and the middle class, the most likely cause of the egregious income disparity gap and how the latter's widespread ignorance in money management affects women the worst. More interestingly, McKew uniquely positions capitalistic materialism and spirituality, antithetical systems, as being able to coexist with one another. Before she begins discussing money management tips, McKew proposes that clearing negative mindsets towards money can allow people to regain control over their assets. With the aid of such a spiritual approach, we can perceive how operating in a 'lack' mentality can perpetuate that truth into our life, while believing that the Universe is abundant and always ready to give, will then allow more to come to us, including money. In effect, our thoughts create our reality, which isn't too far-fetched.
From the moment I began reading Gayle McKew's Women Mind Your Money: Before Someone Else Does, I felt instantly uplifted and ready, too, to finally take control of my money before someone else does. The pragmatic fiscal guidance she imparts is as valuable, if not more, as her spiritual wisdom for those in need of rectifying the grim state of their finances. Without overwhelming or intimidating the reader with complicated jargon, she explains concepts simplistically. These topics include the difference between good and bad debt, loans and leverage, financial STDs, creating passive income streams, and planning for retirement. One of the few issues that I have with the book is how well its financial advice may be translated to non-Australian citizens, such as the United States, since it appears based on the workings of the Australian economy. Nonetheless, most of the information is applicable to the economy in the United States, as well. In all, this is a must-read book for women who want to take control of their lives through their finances.