Simple Money, Rich Life

Title: Simple Money, Rich Life: Achieve True Financial Freedom & Design a Life of Eternal Impact

Author: Bob Lotich

Genre: Financial, Nonfiction

Publisher: Waterbrook

Source: Author Provided

My review:

When Bob Lotich reached out and asked me to review his book I was a little hesitant. I was at the point where I was not taking a lot of review requests. However, once I realized the topic of his book, I was all in. My husband and I had just talked about our finances, and we were both ready for things to change.

As much as I enjoyed learning how to write cursive and how the Dewey decimal system works, I would argue that knowing how to earn, save, and manage money is essential to almost every human-as important as any subject we learn in school. Yet most of us have received little to no financial education. (emphasis mine)

Having read a few books on financial freedom, I wondered if Lotich had anything new to bring to the table. I was pleasantly surprised at his writing style. It is more of a conversation style, making Simple Money, Rich Life easy to read. It captured my attention from the beginning. I immediately started highlighting notes in the introduction. The introduction explains what the book is and what it is not.

Earn all you can. Save all you can. Give all you can. Enjoy it all.

Lotich introduces the reader to the "simple formula" and then walks us through each step. He includes stories from his life and his friend's lives and things he's learned from books he has read. It keeps the book more interesting, having these stories interspersed and less academic.

I believe the most destructive result of this experiment is far more subtle: the belief that debt is normal. (Lotich's emphasis).

Lotich includes a 21-day kick-start challenge to encourage the reader to apply what they are learning. It is broken down into five challenges, so it is not overwhelming. This is a book to be read and applied, not rushed, to get the full benefit. 

This is a Christian book, yet the principles that Lotich introduces are beneficial to all. If reading a "Christian" book is something you prefer not to do, you can skim or skip certain parts (like the chapter on taking a Sabbath rest). Doing so will not detract from the overall benefits of this book. I highly recommend this to anyone who wants a better financial situation. The principles make sense and will work if you are willing to do what needs to be done.

Thank you to the author for the opportunity to review this book. I was not required to provide a positive review. All thoughts and opinions are my own.

★★★★/5

Synopsis (Goodreads):

A hope-filled money guide to increase savings, earnings, and giving and actually enjoy it all while designing a life of freedom and eternal impact, from the founder of SeedTime Money.

Broken down and stranded a thousand miles from home with only $7 left in his bank account, Bob Lotich had reached his breaking point. He was stuck in a dead-end job, living paycheck-to-paycheck, stressing over money, and overwhelmed by debt. Bob had been following the world's advice with money and this was the fruit of it. In desperation, he cried out to God for wisdom, for a different way. The answer was a simple four-part formula, one based on timeless biblical principles, and, most important, one that worked.

When Bob applied these four steps to his finances, his stress was alleviated, his bank accounts began filling up, and he finally felt fully in control of his money. Through the years, Bob has paid off over $400,000 in debt, discovered work he truly loves, reached a personal giving goal of $500,000 to charitable causes, and achieved a level of financial freedom he never dreamed possible.

Now, in Simple Money, Rich Life, Bob shares with the world this four-part formula and the money tips, tricks, and methods he's learned over the last fifteen years--simple methods such as:

- The Straight-A Strategy to get total control of your money: Attention, Adjusting, Automation, and Accountability
- The Four Keys to Making Money in the Digital Era Passion, Education, Problem-Solving, Demand
- Secrets of a Six-Figure Giver impossible goals, seed accounts, and more

After laying the groundwork, Bob issues a 21-day kickstart to create simple systems that can lead to financial security, peace, and eternal impact. Let Bob show you how to reimagine money as it was meant to be: simple.