Ashlei’s Bookshelf: Smart Women Finish Rich by David Bach

Book: Smart Women Finish Rich by David Bach

Genre: financial planning, self-help

Readability: 4/5

Length: 352 pages

Cost: ~$10.00 on Amazon

Overall: 4/5


I don’t know about you, but when it comes to the financials, I feel like a baby deer trying to walk for the first time. Although my mother has a degree in finance and worked in the field for decades, I never got the opportunity to learn the ins-and-outs of the financial world. I mean… Yes, I was taught about credit scores, credit cards, and budgeting — But retirement planning, investments, assets, and building wealth? I knew nothing about. Smart Women Finish Rich changed that.

I gave this book a 4/5 on readability and overall only because a good portion of the material kind of went over my head. It seems like it may be intended for more mature readers who already have a good number of assets, but as you can imagine, that type of material can be helpful for those who aspire to have a lot of assets (like myself!).


Smart Women Finish Rich really breaks down all of that stuff. It might as well be called, “Financial Planning for Dummies”! It is separated into 9 Steps that you can follow, which build on each other:

  1. Learn the facts — and myths– about your money
  2. Put your money where your values are
  3. Figure out where you stand financially… And where you want to go
  4. Use the power of the latté factor… How to create massive wealth on just a few dollars a week!
  5. Practice grandma’s three-basket approach to financial security
  6. Learn the 10 biggest mistakes investors make and how to avoid them
  7. Raising smart kids to finish rich
  8. Follow the 12 commandments of attracting greater wealth
  9. Finish Rich success stories — Be inspired

As a therapist, I really *value* that David incorporated personal values into the act of financial planning. I feel as though this is an important component to financial planning that many books leave out. Considering values personalizes the process of getting your finances in order, and can be the difference between a failed attempt and a success story.

Additionally, I appreciated that David included specific, tangible acts for readers to take in order to get their finances in order. For example, Step 3 — Figuring out where you stand financially — is dedicated to walking you through how to organize your current finances. No seriously… I’m talking “get a file cabinet, folders and labels, write xyz on them and sort your files like so…”! Specific. Steps. Also in Step 3 is a blank chart for readers to fill out their goals, steps to carry out the goal, and even incorporates those meaningful values mentioned earlier.

Another part of the book I liked was Step 7 — Raising smart kids to finish rich. This one is uber important to me, because I don’t know about you, but I do not want my next generation to feel as ignorant as I do when it comes to the finances. There are way too many resources and free knowledge out there for everyone not to have a handle on these sorts of things! This step introduced ways to help shape kids’ futures for financial success, and I plan on utilizing these suggestions when I become a parent.

Lastly, the success stories in Step 9 were paramount to anything I’d ever read. Women of all ages disclosing on the changes they made with the guidance of this book were extremely inspiring. It isn’t a “get rich quick” scheme, but rather several small lifestyle changes that yield everyone’s dream — financial freedom.

I could go on, but I encourage you to check out this book and see for yourself the sense of clarity I gained. After reading Smart Women Finish Rich and utilizing the appendices and suggestions, I feel confident in my ability to walk as a baby deer!

Read any good financial planning books? Want to weigh in on personal finances, David Bach, or Smart Women Finish Rich? Comment below! I’d love to hear from you.

Be well. ♥


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3 thoughts on “Ashlei’s Bookshelf: Smart Women Finish Rich by David Bach

  1. Hello, Ashlei! First off, thank you for including a financial literacy book made by a WOMAN! It’s important that we women promote other women, in all fields! I, too, am trying to become more financially responsible. A finance book I’m currently reading is titled Financial Peace and is written by David Ramsey. It has a list of steps similar to the book you reviewed, and I highly recommend it! Looking forward to your next post!

    Liked by 1 person

    • Hi Christina! Thanks for sharing! This book was actually written by a man, but he also explains in the book why he has dedicated his life’s work to improving the financial literacy of women! I’ll have to add Financial Peace to my reading list! I believe that one can never have enough financial knowledge, LOL! ❤


  2. Pingback: Ashlei’s Bookshelf: The Money Book for the Young, Fabulous, & Broke – Counselor Ashlei

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