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Book Review: Stop Over-Thinking Your Money


I found this book at the public library, and I’m sure you could probably do the same. I was initially drawn to this book because it was identified as a good starter book. That is, if you’re new to the realm of personal finance, then this is a good book to read. The writing in this book is simplistic and clear. The book is definitely geared towards a novice reader of financial literature, so if you are trying to learn more about your own personal finance and want to gain more confidence and knowledge, this might be the book for you.

If you are looking for a book that talks more about¬†investing strategies or techniques then sadly this isn’t for you. This book is great for those who are trying to learn the basics of personal finance. Similar to the Wealthy Barber series, written by David Chilton, Stop Over-Thinking Your Money¬†touches on a number of topics. In particular, what I really like about this book is that it covers the topic of insurance very well. If you’ve always been curious to learn about insurance and specifically the what, why and how then definitely pick this book up.

Unlike a lot of personal finance books that keep pushing stocks and bonds as a way to build wealth over time, this book focuses on the common sense approach to thinking about your personal finance. The first half of the book focuses predominantly on the fundamentals. In a world where everyone thinks of YOLO, you probably won’t like what the author wants to tell you. Yet, it’s been proven over and over that managing your finances properly from the start actually makes you less financially stressed in the future.

The author uses 5 simple rules:

  1. Disaster proof your life
  2. Spend less than you earn
  3. Agressively pay down high-interest debt
  4. Read the fine print
  5. Delay consumption

Those rules seem all really basic. And they are! That’s why this book makes an great easy read either before bedtime or even when you’re commuting to work.

If there is any one good message that the author makes when reading this book is that you shouldn’t get too caught up on what investments to buy and what gives you the best return. If you don’t have the fundamentals down it doesn’t really matter. If your expectations are not aligned, then you will forever be disappointed. Probably the most important point made is that “how much you save is far more important than trying to outperform the market”. That’s probably the greatest hurdle most readers have.


When reading this book I certainly didn’t have the expectation that it was going to provide advance wealth building techniques. I was looking for something that was comparable to easy reads like the Wealthy Barber or Millionaire Teacher and I think this book definitely hits the mark. If you are looking to build more on your foundation of personal financial management, then definitely give this book a ready. Even if you are highly knowledgeable of the basics, this book has enough good points about insurance that it’s worth a read on its own just for that.

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