Some money books come into your life and they’re a total snore fest.
Others come into your life and make you feel seen as an Elder Millennial/Xennial, using humor and analogies baked into cultural references from your childhood to help you understand pseudo-complex financial topics.
Stacked, by Emily Guy Birken and Joe Saul-Sehy, belongs to the latter group. It’s simultaneously funny and practical, and can help you understand topics like insurance and investing well enough to kick your own financial plan into action.
Table of Contents
What does Stacked cover?
Stacked covers A LOT of personal finance concepts in an easily-digestible way. The first half-ish of the book covers the basics like budgeting, increasing income, creating long-term financial goals and cutting expenses.
In the larger, second half of the book, Emily & Joe go in depth on long-term financial planning topics, such as investing, insurance, picking a financial advisor and estate planning. It’s valuable info that I’ll be reviewing myself as I reassess my financial plans in 2022.
What is this humor you speak of?
If you listen to the Stacking Benjamins podcast, you’re likely already familiar with Joe’s work. The same sense of humor that makes the podcast so great shines through in Stacked, as well.
If you’ve somehow made it to 2022 without listening in, here’s a sampling, where Joe and Emily talk about the difference between savings and investing:
Your savings are your easy-to-reach booty call. You want to know that it will be around when you need it. Investing is also about setting money aside for the future, but there’s a deeper sense of intimacy and connection than with saving alone. It’s a long- term relationship that you want to treat with care.
They then get into the reasons why the two are different but equally important, stressing the importance of both liquidity and protecting your assets from eroding under inflation.
Analogies you can relate to. Money smarts you need.
Who is this book best for?
If you ever pined over a Snoopy Sno Cone Maker, Stacked is an enjoyable read regardless of your economic status.
However, if you already know how to budget and still have an income problem that won’t allow you to meet your monthly bills, this book might not provide solutions to your immediate problems. While it does contain tips on salary negotiation and encourages side hustles, there’s less ‘how-to’ in this section than in the investment sections.
That does not rule it out as a valuable book to read if this is your situation. The pandemic has made things economically difficult for a lot of us right now. But when we eventually (hopefully?) emerge from this mess, the knowledge contained in Stacked will make it infinitely easier to hit the ground running as you work towards your long-term financial goals.
If you do have enough money to put food on the table, pick up this book for sure as it can help you trim the fat out of your financial life, providing you with a solid education on how to grow your wealth and achieve your money goals, entertaining you all the while.
Where can I buy Stacked?
As you shop for your copy of Stacked, I’d love to encourage you to buy it via my local hometown bookstore, City Books.
City Books is going the extra mile during this Omicron surge by keeping their store open for curbside, but closed for in-person browsing. Here at Femme Frugality, we’re all about supporting the businesses that are working to keep our communities safe!
Pick up your hard cover copy of Stacked via the City Books Bookshop page. If you’re interested in getting your hands on the audiobook, I’d encourage you to consider purchasing through the City Books’ page on Libro.