The 60 Minute Money Workout by Ellie Kay is what it says it is: an easy, step-by-step guide to getting your finances into shape. Within the book's pages, Kay treats money fitness like physical fitness. You can’t achieve all of your goals in one day, but if you work out regularly, eventually you’ll be fit.
Kay encourages her readers to do one 60 minute workout per week, yet she provides several to choose from—some to be done often, others only once a quarter or even once a year. She warns readers that they may be tempted to work longer than an hour, but tells them to resist temptation, so they won’t burn out. Workouts include: determining your money personality (or spending habits), spending plan, retirement and savings plan, debt reduction, paying less, travel and fun, allowances, kid entrepreneur, college savings, home-based business, launching a home-based business, couple’s, and giving. Each of these includes a warm up, strength training, cardio burn, heart rate, and a cool down in keeping with the fitness theme. Kay also sprinkles several tests and evaluations throughout the book to help the reader understand his or her own habits and inclinations, so the reader can use these to reach goals instead of having them be the thing that hinders progress.
It’s a very useful book with great advice and many practical ideas. Readers can think of Ellie Kay as their personal finance trainer. However, just as one has to be self-disciplined to reach physical fitness goals, readers will have to be self-disciplined and follow Kay's workouts in order to reach their financial goals.
I thank Waterbrook Multnomah Publishers for sending a complimentary copy of this book for my honest review.