secretlanguageofmoneyIt has been a while since my last book review (in June) as my reading hobby has been on the back burner lately as my free time has been scarce.  Today’s review is about a book that focuses on money psychology and how it affects our lives.

The book is called “The Secret Language of Money” written by David Krueger and John David Mann.  As money psychology has been an interest of mine for the past little while (see what’s important about money to you), I found this book to be  a great read.  It’s not a typically personal finance book about numbers and retirement, but it does some digging into the root of our money decision making.

We’ll be giving away a couple copies of this book, scroll down to the end of the post to see how enter.  Even if you don’t win a copy, I suggest that you pick up a copy at your local library when it’s available, it’s well worth the read.

About the Authors:

According to the book:

David Krueger, M.D., formerly practiced and taught psychiatry and psychoanalysis for more than 25 years.  he is currently CEO of MentorPath, an executive coaching practice serving corporate executives and healing professionals.  he serves as mentor coach and dean of curriculum for the Coach Training Alliance.

John David Mann has been writing about business, leadership and the laws of success for more than 20 years. He is coauthor of the Wall Street Journal bestseller The Go-Giver and the award winning A Deadly Misunderstanding and author of The Zen of MLM.

About the Book

The Secret Language of Money is about finding your “money story” to determine what’s holding you back.  Once that is determined (via various  questions and fill in the blanks), the author goes through the process of changing your money story to one which is in alignment with what you really want from life.

The Secret Language of Money is a guided tour to the subconscious meanings we give money, the conflicted ways our brain deals with money, the reasons we tend to make the same money mistakes over and over – and most importantly, how you can change all that.

The book is separated into 3 sections:

  1. Your Money Story – The 5 or so chapters in this section goes through various questions to ask yourself via various fill in the blanks.  This includes a chapter on what your existing money personality is.
  2. Plot Twists – In this section, the author goes through various examples of people and their money situations.  A story that stands out is the architect with a 7 figure net worth who kept setting higher and higher money goals, but could never get enough.  Of course every story has a lesson and how it applies to you.
  3. Writing a New Money Story – The last part of the book has a few chapters on more “fill in the blanks” to write your new money story.  Answering questions like, “how much is enough?”, “What are your passions?”.  In addition, it has a work sheet on how to set realistic goals.

Final Thoughts

As I mentioned above, if you have a personal finance book collection, this book would be a great addition.  At the very least, request it from your library to add to their collection.

The Secret Language of Money is all about challenging our existing (and stubborn) money beliefs, and what we can do to make long term changes for the better.

Want a Free Copy?

McGraw-Hill was generous in offering Million Dollar Journey readers the chance to win 2 copies of the book.  The details are below:

  1. Simply leave a comment and you’ll automatically be entered in the draw for a free copy.
  2. All email subscribers will receive an additional entry (we respect your privacy).
  • Please only 1 comment entry / person (please enter a valid email address).
  • Only those with a North American mailing address may enter (publisher rules, sorry).
  • Contest will end Sat 5pm EST Oct 10, 2009 and the winner announced shortly after!

190 Comments

  1. Lianne on October 8, 2009 at 3:15 am

    Money and I do not have a good relationship, I’m afraid. I would love to learn more about how the psychology of money and maybe make that relationship a little healthier. Pick me, pick me! :-)



  2. ashvin on October 8, 2009 at 3:21 am

    Sounds intriguing! I’m in.



  3. Ricky on October 8, 2009 at 6:07 am

    The book look very interesting. I would love to get hands on this one.



  4. callsignjo on October 8, 2009 at 7:50 am

    Money psychology is something that everyone grapples with on a constant basis. Sign me up!



  5. TKO on October 8, 2009 at 9:25 am

    Thanks for all the interesting articles you’ve written, they’ve been a great benefit!



  6. Stephanie Hunter on October 8, 2009 at 9:48 am

    Would love to read.



  7. assignment help on October 8, 2009 at 10:02 am

    Hi,

    It really seems to be a wonderful book, as money psychology is also a great interest of mine. It also gives me a great idea to develop my strategy according to the money prospects in my business.

    Thanks for introducing it.



  8. LXS on October 8, 2009 at 10:06 am

    The Lucky WINNER is……….

    Thanks!!



  9. Quick Lunar Cop on October 8, 2009 at 10:26 am

    I’m always interested in a free book!



  10. Steve on October 8, 2009 at 12:02 pm

    FREE BOOK coming my way – I CAN FEEL IT! or maybe that’s my money personality talking…..



  11. Sethi S on October 8, 2009 at 1:55 pm

    does sound like a great read. winning it would be very satisfying – as I’ll be following the principals of the book – saving money



  12. Audrée Lapierre on October 8, 2009 at 2:43 pm

    i’d like to read it, i wonder what my story is?



  13. Chris Watts on October 8, 2009 at 2:55 pm

    Interesting take from a different angle. Sounds like a valuable addition to the range of books of this genre.



  14. Linda Braid on October 8, 2009 at 3:32 pm

    Through a meditation course I attended, I purchased a tape on “Poverty Consciousness” which was to help me to eradicate my hangups about money. I listened to it on my walkman while I shopped in thrift stores!



  15. Aaron on October 8, 2009 at 3:35 pm

    Would love a copy!



  16. Asher on October 8, 2009 at 3:39 pm

    crossing my fingers!



  17. fillalph on October 8, 2009 at 4:07 pm

    Really enjoy the blog and should start reading again :D



  18. gene on October 8, 2009 at 4:24 pm

    166. I guess I’ll sign up for email to double my fun.



  19. Ryan Price on October 8, 2009 at 5:12 pm

    Would love a copy



  20. Ryan Price on October 8, 2009 at 5:13 pm

    Would love a copy, sounds like an interesting read!



  21. Robert Levesque on October 8, 2009 at 5:25 pm

    Looks like a great read!



  22. Hari on October 8, 2009 at 5:47 pm

    Nice try.



  23. Ms Save Money on October 8, 2009 at 5:54 pm

    Ohh great I’m in! :)



  24. kristel on October 8, 2009 at 6:09 pm

    I’d love to win a copy!



  25. Melanie Samson on October 8, 2009 at 7:16 pm

    Sounds great!



  26. Benny on October 8, 2009 at 9:41 pm

    Thanks for offering a synopsis of the book. Appreciate your generosity in giving away some books!



  27. Clark on October 8, 2009 at 10:10 pm

    I’m in – thanks for the offer



  28. Charlie on October 8, 2009 at 10:51 pm

    Intriguing treatment of money.



  29. pappy on October 9, 2009 at 1:35 am

    sounds interesting.



  30. Sharon on October 9, 2009 at 3:27 am

    I always think about how to increase my portfolio but not why I do what I do with money …the book will be an interesting read.



  31. Richard on October 9, 2009 at 3:37 am

    this book would be a great read



  32. Carolyn on October 9, 2009 at 10:23 am

    would love a copy!



  33. Marina on October 9, 2009 at 3:23 pm

    This sounds like a great read, a very different take on personal finance.



  34. lindahfx on October 9, 2009 at 3:52 pm

    This sounds very interesting. Count me in!



  35. Northern Alex on October 9, 2009 at 11:44 pm

    Cool. I want to learn another language: MONEY seems to be a good one! :o)



  36. sarah on October 9, 2009 at 11:46 pm

    Sounds like a great book, I would love a copy. Please sign me in! Thank you! Love your blog, very interesting content.



  37. Bob on October 10, 2009 at 12:48 am

    Sounds extremely interesting. Count me in. Thanks.



  38. Mark on October 10, 2009 at 8:13 am

    Sounds like a great read, I would enjoy a copy.



  39. Wealthy Immigrant on October 10, 2009 at 10:53 am

    Thanks for the giveaway!



  40. Mike Lewis on October 10, 2009 at 4:07 pm

    I am very interested. Count me in!