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Reviewed by Tanja Jurkovic for Readers' Favorite
The Double Monetary Hourglass is an insightful book about financial management written by Lou Vachon. Vachon skillfully breaks down the meaning and the significance of the term 'financial management,' explaining in great detail the basics, the financial glossary, things to do, and things to avoid when planning your finances, offering very sound and useful advice on how to manage this important, but often neglected, part of our lives.
I was impressed with the eloquence, research, and overall effort Vachon clearly put into writing this helpful book, full of interesting information and practical advice about finances and debt. However, what most stuck in my mind after reading The Double Monetary Hourglass was the mindset that is well presented and cultivated with every piece of advice given and every experience shared throughout. The mindset is the core of this book, and I encourage everyone to read it simply because of it, on top of everything else mentioned.
Even though this book was mainly written with young people in their 20s and 30s in mind, offering advice on how to approach and manage student debt, among other things, it contains practical advice and viable solutions for tricky and often unpleasant situations and experiences that we've all been through at one point in our lives. The Double Monetary Hourglass is a useful and easy-to-read handbook that will safely guide you through a complicated world of finances.