Summary of Elizabeth Warren & Amelia Warren Tyagi's All Your Worth

Please note: This is a companion version & not the original book. Book Preview: #1 All Your Worth teaches you to get your money in balance. It has three categories: your must-haves, your savings, and your wants. When you get your money in balance, your money worries disappear.#2 The Must-Haves are the main expenses you must cover each month. The old financial advice is that you should not buy too much stuff because you ll get in debt, but that is simply not true. The old advice is wrong because your parents could not spend all their money on their basic monthly bills when they had a middle-class income.#3 When your parents tell you that all you need to do to be secure is to work hard and cut the T-bone steaks, keep in mind that they were once right. When they got married, it was a safe assumption that if someone earned a decent living, drove a typical car, and lived in a regular neighborhood, then the money would work out just fine.