I think David is spot on with his review except on thing. I don’t think a 9-5 is required to get something out of this. The ratios he gives can easily be applied (if with some massaging) to any type of lifestyle.

Charles Farrell does a superb job of giving clear, strong reasoning behind the ratios he presents and turning it into a simple roadmap to follow and benchmark your progress against.

I’ve read quite a few PF books and think this is one of the best. A well known book is Dave Ramsey’s Total Money Makeover so I’ll make some comparisons to that.

The biggest difference I find between Your Money Ratios and The Total Money Makeover is that MR. Farrell grounds all of his figures in reality. This is a rather start contrast to Dave Ramsey who uses the absurd 12% return figure which his whole system is based on.

Obviously I don’t want to go into too much detail for a small blog comment but I hope that gives a decent picture of Your Money Ratios as I see it.

While I would have picked up the book at some point anyway, winning it from Money Under 30 put it near the top of my reading list, and I’m thrilled I got to it quickly.

I would recommend anyone who enjoys these types of books to pick it up and put it on the top of their reading list.

And if you don’t make a habit of reading personal finance / economics books, pick this one up at least. It is grounded in smart and accurate analysis which will help you understand why he recommends the benchmark numbers he does.

Thanks for reading and entering everybody.