Summary of Elizabeth Warren & Amelia Warren Tyagi's All Your Worth

Please note: This is a companion version & not the original book. Book Preview:

#1 All Your Worth is about getting your money in balance. It consists of three categories: your must-haves, your savings, and your wants. When you get your money in balance, your money worries disappear.

#2 The old financial advice that you are in trouble because you buy too much stuff is completely wrong. For many people, it is impossible to take on a mortgage that is more than they can afford.

#3 The rules were different in your parents’ generation. The government strictly regulated the banking industry, which meant that the amount of interest a lender could charge was tightly limited. As a result, banks had to be very careful to lend money only to people who could comfortably pay them back.

#4 The new rules of money are very different from the old rules. You can’t count on the mortgage lender, the car dealer, or the landlord to protect you. You have to protect yourself by getting your money in balance.

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Rafbók: 4 maj 2022