Own Your Money, Michela Allocca
Own Your Money, Michela Allocca
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Own Your Money
Practical Strategies to Get Your Financial Life Together and Reach Your 6-Figure Savings Goals

Author: Michela Allocca

Narrator: Luzma Ortiz

Unabridged: 4 hr 47 min

Format: Digital Audiobook Download

Published: 06/13/2023


Synopsis

Join TikTok star Michela Allocca (@BreakYourBudget) for a crash course in everything personal finance. With real-life examples, 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,” aka 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/promotion, negotiate a job offer, and figure out if a side hustle is right for you.
This is a book that’s meant to partner with you on your own journey and financial goals!

Reviews

Goodreads review by Larisa on July 20, 2023

Easy to read. Perfect for someone who is just starting with their financial literacy. Not so much insights for those who are versed in budgeting, investing and having more sources of income.......more

Goodreads review by Laura on April 17, 2024

2.5 stars. The first half of this book was very helpful and insightful. The second half of this book was more about how to apply for a promotion/new jobs to make more money rather than investing and utilizing the money you already have. I didn't get nearly as much out of that portion of the book. Ben......more

Goodreads review by Joy on June 03, 2023

This is a nice short overview of how to better understand ones finances and financial goals. Super handy for someone who has never thought about how to save, spend and invest. Super encouraging materials. It does repeat a lot of the same lessons if you've read a lot in this genre, which limited its......more

Goodreads review by Braden on March 13, 2025

The book had some good tips and advice on budgeting and money and finances in general. It broke down quite a few financial concepts in a very simple way that helped me learn and understand better. The book was simple and pretty easy to follow. Quite a few concepts from the book did not seem very ori......more

Goodreads review by Brittany on January 14, 2025

Altogether, a great introduction to investing and managing money. This isn’t the book you read to design an elaborate financial plan or pick your stocks, but it’s a great starting point to break down concepts. Most of all, it was a refreshing book on the psychology of money and the power of being mi......more