Cover Image: The Great Money Reset

The Great Money Reset

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Member Reviews

This is a guide for those that are financially stable and are looking to make a career shift. Which is great for them, but for those of us not in that position it is not very helpful. So while this is not your typical finance book, it is also not for everyone.

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I love Jill and listen to her podcast regularly. This book follows her style in that it's clear and easy to follow without condescending to the audience. I especially liked the real world examples because I think that's an easy way to portray a more complex topic (Roth IRA). I love her humor and personality and they come across well in this. It's a great guide for recent grads, but also people that are mid career. I will happily recommend it to all!

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I'll say it - Finance can be an overwhelming topic for me. I want to understand it more, and sometimes, er, most of the time, I just don't. This book makes the topic so accessible even for someone like me! What I really liked is that this isn't just about money, but it's about looking at money in the context of your life. It isn't just about amassing wealth, rather it leads with figuring out what you want and need and how to make informed decisions around to get there. Throughout, it also offers options. What works for one person might not work for someone else, and I appreciated there wasn't just one prescribed path. Overall, this was a really strong reflection of what financial health and care is within the scope of your life and passions. It's a hard sell for me to dig a finance book, but this one achieved that! Thanks to NetGalley and St. Martins Press for the early look at this January 2023 release.

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Great book with timely information in our modern, post(present?) Covid-19 world. Makes you really think about what you NEED. The title is spot on. Let's take time to RESET our thinking about our finances and make better, more informed decisions. I recommend this book often and tell everyone to get it in January.

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I adore Jill Schlesinger. I listen to her economics report on my local news station every week and it is a highlight! As much as I enjoy listening to her weekly expertise, this book did not challenge me or resonate with me even though I consider myself a member of the Great Resignation. Perhaps the audience of the book is a complete novice and beginner to the world of planning for the future, whereas I consider myself someone who loves to research and thus insightful about such things. This book, then, is for people who need a wise and guided hand when planning forward in our current state of the world. Those who don’t know where or how to begin. But also those who need specific examples of what to expect when making big economic decisions about the world of work.

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This book comes at the right time -- post pandemic - many of us are wondering what are we doing with our lives and as a consequence how can us looking at our money reset help guide us to new choices. What I particularly liked about this book is that it is full of practical tips -- not theory. Each chapter has case studies and personal stories that really help illustrate the points -- so there is something for everyone in this book regardless of where you are at in your career or life. At the end of each chapter is a summary of the key tips which I also like. There are ten chapters and my favorite was to challenge our own spending assumptions/beliefs we set for ourselves. What is great about this book is it is not really an investing book but rather has us self-reflect on our beliefs, our choices to help identify where a reset is helpful. Don't get me wrong -- there are chapters on investing and taxes and whether to seek more education, or sell or buy a business but the underlying theme is to push us to identify our overall goal. To me, that is what makes this book unique and extremely timely! I recommend this book.

Thank you to Netgalley and St. Martin's Press for the ARC in exchange for my honest review.

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Jill Schlesinger is back with a great new money book that really makes you think about what you NEED to think about before making huge life decisions.
During the pandemic, many people re-evaluated their lives, their careers, and even their retirements.
The Author walks a person through what they should think about before making a drastic change in circumstances.
Giving examples of real people, the book delves into many situations that ordinary people may find themselves in.
This is a great book to read before contemplating any changes in your life, your living situation or work place.

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This was an excellent book on personal finance and career direction. The author's tone was highly readable, and the advice was sound and timely. Most of the book deals with life after the pandemic and the need to re-think your life and your finances after a time of tremendous change. Even though I had already gone through some major changes in my life, I found the book interesting and helpful.

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The Great Money Reset is one of several "post-pandemic and how to deal with your finances book" that has appeared in the last few months. Like others, the work offers guidance in how to do something different, as in really different. Hence the title of The Great Money Reset.

Author Jill Schlesinger is often seen on the CBS News and is the host of a podcast (Jill on Money) and has a nice website. I don't know that Schlesinger is the first to use the phrase "great money reset" although that doesn't matter really. It's sort of like after the 2008 "Great Recession" and everything was referred to as the "New Normal."

The book is a tidy 10 chapters, with titles that clearly speak about the contents. Among the subjects: invest in you, the IRS is your friend; starting a new business or other venture; put your house in order, etc. The book is full of wisdom and good advice, but most of it is Personal Finance 101. If you are looking for something engaging and deep this isn't it.

The writing is clear and concise. My biggest criticism is that many of the "real people" that the author uses as examples really don't need her guidance. There was one couple who were in their 40s and had already amassed a net worth of over $2 million and considering retiring early. I found that most of the examples were people who were doing quite well financially and probably could afford a reset of some magnitude.

Which made me wonder: What about the people who are working in the gig economy, have no benefits, and struggling to keep up with this ludicrous inflation we are all dealing with? Or the millions of teachers, service workers, and low paid healthcare professionals (not doctors and nurses) that barely bring home a living wage? What sort of opportunity is there for those folks to have a great money reset? I'm not advocating socialism and income equality, as much as the examples I read were from people who were doing pretty well.

I'm retired and was curious to her message for retirees. Regretfully there isn't much advice beyond the tax advantages of a Roth IRA and the typical discussion that follows.. We don't exist, at least that I recall reading about. That's OK. I get it, we are out of the workforce (well, not really as about 30-40% of retirees work a little here and there according to AARP) and not as interesting. But retirees face just as many "reset" questions and its too bad there were not any examples for us. Such as the big reset all retirees face when they leave a job and suddenly have fours on their calendar to fill and don't have a clue on how to do it. I have a neighbor who won't retire for this very reason, and he is 70 and doesn't have a clue what he will do once retired. Too many retirees are totally dependent on Social Security as their only means of monthly income.

I received an Advance Review Copy and am sharing this original review. I thank the publisher and author and NetGalley for the opportunity to read it.

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A collection of personal stories, as well as advice, for those looking to "reset" their money plan. Nothing new, just reminders for things to look into or check. The author refers a lot to "after the pandemic", as the book is definitely up to date for 2022. A quick read, can be flipped through to whatever section you chose to read. Thanks to NetGalley & Ms Schlesinger, as well as St Martin's Press for the preview in exchange for an honest review.

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Worth to read. High recommend to whom is lost in financial management. Easy to understand, practical samples, case studies.
During the pandemic, many things have been reset. You have to learn to adapt yourself to new situation. Reset your life, your social relations, your financial status. How to do? How to treat everything well, just read this book

I just reviewed The Great Money Reset by Jill Schlesinger. #TheGreatMonetReset #NetGalley
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