We have another book review from our external reviewer Sara MacTaylor of the book The Wealth Taboo by Carlos Aguirre. Sara has been busy working away at her creations on her Etsy shop but has set some time aside to read for us.
Synopsis: IS THE US EDUCATION SYSTEM FAILING YOU? ISN’T IT TIME YOU DISCOVER HOW THE SYSTEM WORKS YOU AND TAKES CONTROL OF YOUR LIFE?
When the education system in one of the richest countries in the world fails to teach you how to build wealth or, at the least, to have a wealthy mind, and the International Student Assessment (PISA) test demonstrates that American teens have average financial skills, you know that personal financial literacy is faulty. The education system, at all levels, teaches you to become a working bee. However, it does not teach you how to make money. YES, how to build wealth and have the lifestyle of your dreams. If you, like the average American, are part of a society that lives paycheck to paycheck, then you are a pawn of the finance system, a consumer chained by debt, allured by your false purchasing power, where ghost money is created by banks and financial institutions. A scary, shocking, and detrimental reality. You have not been prepared to understand and prevent falling into the finance system trap.
This book starts off with a very good premise, of improving the average millennial’s financial knowledge. Most of us do not receive much education at school regarding how many financial systems work, and so this is a really great idea to simplify and educate those of us lacking this essential knowledge.
Unfortunately, the execution is really lacking. He continually states the importance of improving our knowledge to improve our lives and the fact that various systems are taking advantage of the consumer, but almost never gives any concrete tips or statistics to actually improve our knowledge. Entire chapters feel like repetitions of the same lack of knowledge without actually educating the reader in that area.
This book is a great idea and touches on some great points of interest, but I feel like I didn’t learn what he was trying to teach me! I’d love some more concrete tips and tricks on how to actually improve in each of the areas he touches on. If this book gets revised I’d definitely be interested in trying this again.
Book Rating: 3/5
Disclaimer: This book was sent to us in ebook format to read and give an honest review.