Living Rich by Spending Smart by Gregory Karp

Living Rich by Spending Smart by Gregory Karp seems like a book that lists practical advice for people who like to spend their money. He says that you do not have to deprive yourself of the things you want, but spend wisely in other areas of your life in order to afford the luxuries. I found many of the ideas that he had to be common sense, for instance, making your own meal will save you more money than going out to eat. Some ideas were new to me, such as saying that life insurance is only for those who support others financially. This book is for people that do not know how to cut back, or who could still use the advice on how to cut back even more. While he doesn't like to use the word "budget" often, that is basically what this book is about. Learning what you need to spend your money on, what you want to spend your money on and how to look for the best prices in order to obtain these wants and needs. After reading Karp's book, I have revised a few of my habits and have already saved a little money. If you would like to save money a little at a time and wouldn't know how to do so, this book will help you figure how to do so.

Cash Management; Making your business cash-rich...without breaking the bank. By Tony Dalton

Dalton’s Cash Management is wealth of knowledge for the everyday small business owner. If you are looking to increase the cash of your business now, Dalton’s book is for you. He gives you simple solutions that can bring money into your business without going to the bank. This is not a textbook that gives you solutions based on numbers and theories but more of a handbook that shows you the pros and cons of each step of the way from a more personal approach. Dalton offers first hand experience in owning small businesses as he owns several and gives you an insider take on small business management.

One thing that I enjoyed very much in this book that helped me understand certain aspects of business practice is the real life experience and the real world application he reveals. For example, when reading about assets, I had a hard time understanding the intangible value of intellectual property, copyrights, and patents, until he applied it to tech companies. By asking which is more valuable, the chips that Intel produces or the intellectual property that created them? Obviously the intellectual property because without the method their would be no product. That question put things in perspective for me and helped me understand that even though I can not chart the value of patents, copyrights, and so on, they are still very profitable to my business and can increase the value of it.

Dalton’s book is perfect for you if you are a small business owner looking to increase your cash-flow and do not have time to take a class or read a large textbook. His real world applications and personal experience will help you understand each chapter and help you run your small business more effectively.

By Adrian Janowicz