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Own Your Money

Practical Strategies to Budget Better, Earn More, and Reach Your 6-Figure Savings Goals
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Own Your Money by Michela Allocca is a self-help guide that empowers readers to take control of their financial lives. It provides practical strategies for budgeting, saving, and investing, aiming to demystify personal finance and build confidence in handling money. The book is filled with actionable advice and insights to inspire readers to achieve financial independence and security.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book may appeal to you if you're interested in taking control of your financial life through practical and empowering strategies. Michela Allocca offers insightful advice on managing money, building wealth, and achieving financial independence, making it a valuable read for those keen on personal development and self-improvement.

Book Hero thinking about your next read

In Own Your Money, Michela Allocca offers a new, empowering take on how to budget, spend, and invest—for 20-somethings and beyond!

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Join TikTok star Michela Allocca (@BreakYourBudget) for a crash course in everything personal finance. With real-life examples and colourful art, this book unlocks the fun of money fundamentals. Michela Allocca had an epiphany when she was working at her first job: even those working in finance can have no idea how to budget, invest, and spend on a personal level!

By the time she reached her mid-20s, she had a new mission: helping any young person who wanted advice with the "scary," often misunderstood, world of personal finance. In Own Your Money, Michela shares all the tools she used to manage, save, invest, and set a routine that enabled her to save hundreds of thousands of dollars in less than a decade of professional and freelance work.

You'll find chapters that address:

Budgeting: Don't make it a dreaded B-word! Learn about various strategies including 50/30/20, zero-based, and 3-bucket budgets.

How to save: It's all about SMART (specific, measurable, achievable, relevant, and time-bound).

How to spend money: That's right, a plan for spending is important too! With a quick analysis of values and priorities, you can spend without feeling guilt—yes, even on those fancy coffees.

Investing: Learn the difference between 401ks and IRAs, investment types from index funds to target date funds, and relate it all back to core concepts in investing (like diversification).

Jobs and careers: If your dream job doesn't exist, join the club! Learn how to find satisfaction through the tasks you want to do, networking, and career pivots.

Increase your earning potential: Set yourself up for a raise or promotion, negotiate a job offer, and figure out if a side hustle is right for you.

With colourful illustrations, helpful charts and graphics, and spreadsheets to help you plan your own path, this book is meant to partner with you on your own journey and financial goals!

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Own Your Money by Michela Allocca is praised for its approachable and practical advice on personal finance. Readers appreciate its relatable voice and clear guidance, making complex financial concepts more accessible. Many reviews highlight how the book empowers individuals to take control of their finances, offering strategies for creating solid financial habits.

Book Hero reading reviews

Book Details

INFORMATION

ISBN: 9780760381120

Publisher: Quarto Publishing Group USA Inc

Format: Paperback / softback

Date Published: 22 June 2023

Country: United States

Imprint: Fair Winds Press

Illustration: color illustrations

Audience: General / adult

DIMENSIONS

Width: 127.0mm

Height: 203.0mm

Weight: 318g

Pages: 176

About the Author

Michela Allocca is a Financial Analyst and entrepreneur specializing in Gen Z and Millennial money management. She focuses on instilling sustainable and intentional spending, saving, and budgeting practices into your life so you can reach your 6-figure savings goals. With hundreds of thousands of followers on TikTok and her own set of signature online courses, Michela has successfully built a platform that speaks directly to the growing number of young people who are ready to take their financial power back. Notable brand partners include Refinery29, Truebill, H&R Block, Fundrise, Credit Sesame, and Stash. Find her as @breakyourbudget on social media and at breakyourbudget.com.

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