Personal finance journalist, Michelle McGagh, takes on a challenge to not spend money for a whole year in an engaging narrative that combines personal experience with accessible advice on money.
Michelle McGagh has been writing about money for over a decade. You'd think that would make her a whiz with her own cash, right? Wrong! Spending with abandon and ignoring bank statements were her modus operandi. Just because she wasn't in serious debt apart from her massive London mortgage, she thought she was in control. She wasn't. Something needed to be done, but rather than cut back here and there, Michelle's approach was more radical. She set herself a challenge to not spend anything for an entire year. She paid her bills, and she had a minimal budget for her weekly groceries and household essentials, but otherwise Michelle didn't spend any money at all. She was finding creative ways to get the things she needed, to travel and to still be able to enjoy her time. Not only has she saved money, but she is happier, no longer feeling the desire to buy things all the time or feeling the pressure of being sold to. Her relationship with money, with things, with time, with others has changed for the better.
The No Spend Year is Michelle's honestly written and personal account of her challenge. But it is more than that; it is also a tool for life that will help you get to grips with your own financial situation. She talks about money in an accessible, unintimidating and often entertaining way, and interspersed throughout are really brilliant personal finance tips and life hacks about interest, mortgages, savings , pensions and spending less to help you live a more financially secure life, too.
©2017 Michelle McGagh (P)2017 Hodder & Stoughton
Really good look at our every day life and experiences. Some good ideas on how to safe some pennies in your pocket. Highly recommend to anyone who's interested in minimalism!
Enjoyed the "listen" as had it as audio book. Quite cool challenge and well done for achieving such a great result.
if you are looking for a book with a good story based on true experience around challenging one self and impact it has - this is a good read
it also gives some tips on how to be wiser with you money. as well as suggest perhaps we spend more than we have to? check it out for yourself!
A well narrated book with little repetition. The interesting find being that you really do begin to question why you need things and your own self worth.
This is not something I would usually look at to read but seen as it was being read to me I thought I'd give it a go as any help with money has to useful right?
Well all I can say is I was pleasantly surprised with just how helpful this book was. Not only did you hear about the no spend year but also lots of information about finances - where to save, what to do, whats available to us to help along the way. 100% worth a listen in my eyes. Also I now feel more prepared for saving correctly and knowing how to make dents in a mortgage when I need that.
An enjoyable and honest little documentary about a woman's year disentangling herself from the consumerist grip. Some great tips, not at all preachy with some nuggets of personal finance information dropped in. We could all learn something from this
I normally find books like these fascinating but this book failed to hold my attention. It is intended for someone who has never known or been aware of any money saving techniques (free museums) and assumes you have access to everything that a huge city like London has to offer. I found it incredibly simplistic and dull.
I don't normally write reviews but feel I need to share with others my disappointment.
This is an entertaining listen whilst providing really useful tips. Certainly made me think about my own spending habits. I found it particularly helpful to listen to whilst tidying up - helped me be more ruthless!
I found this book very inspiring to try and tackle my out of control spending.
I can't do a full on no spend as I have teenage girls but I have gained valuable tips and tricks that will help with my very tight budget.
Very clearly explains how the year went, ups and downs, honest and open.
Would recommend this book!!
I am now better equipped to try my "not spend as much year"!!
Report Inappropriate Content
If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.