How to Get Rich When You Ain't Got Nothing: The African-American Guide to Gaining and Building Wealth

Rating:
Summary: Simplistic
Review: Although there was an abundance of very good resources in the appendices, I thought the book was more appropriate for a child managing their weekly allowance. Only someone who is just entering the professional world could appreciate Chapter 7, Finding A Job, which I found insulting. I was looking for the hows and whys of gaining and building wealth, not a contrast and comparision between African/European American wealth. It's time to stop perpetuating the disparity of wealth, (which is a fact) and get to the how to obtain wealth, no matter your race or ethnicity. If you want to learn the hows and whys of obtaining wealth, I recommend "The New Rules of Money," by Ric Edelman. I think this Harvard/Columbia graduated brother is out of touch. Maybe this is his attempt to give back to the community he would sooner visit on a map than in person. (o.k. that's harsh, but necessary!)

Rating:
Summary: What's the Secret of getting Rich?
Review: How to Get Rich When You Ain't Got Nothing is a how-to manage your finances guide for African Americans. This guide is to show them how to get out of debt, invest, and literally save them selves into the "rich" house.

African Americans are labeled consumers rather than investors or the like. Mr. Miller first asks his readers to decide what "rich" is to them. Once that is decided he then begins the discussion of spending habits and shows how historically African Americans have been victims of discriminatory practices and wasteful spending. Swiftly he moves the reader into a basic plan for finances, dealing with income issues, finding a job, entrepreneurial advice, the hidden enemy and many more ideas toward financial wealth. This book also includes a sixty-four-page appendix with everything from addresses for State Directors of Adult Education to Regional Securities and Exchange Commission Offices.

Melvin B. Miller has written a book designed to change your thinking about money. It is all laid out simply and has little personal antidotes in order to point out practicality and make it relatable. I believe that this book is an ideal start for someone who wants to gain control of their financial future without being overwhelmed with technical jargon and intimidating information.

Kotanya
APOOO BookClub

Rating:
Summary: Buy this one right now
Review: I love everything about this book, from the title to the way it's laid out on the page. This a step by step primer explaining the mysteries of money and saving, and the all important step: investing. It is an excellent resource and should be in every home and school--especially the schools.