Book Review: Rich Bitch by Nicole Lapin

Rich Bitch by Nicole Lapin is a book that I wish had come out years ago when I was still a college student. The content of this book is what should be taught during a college freshmen class. Don't let the title fool you, it's a really good book. I honestly almost didn't pick up the book either simply because of the title because I don't swear or like the word Bitch. (And why can't we just be polite these days?)
 
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But, I will say, this is such important information that is never covered in any class I've ever taken or had the privilege of knowing about. 
 
Most people want little to nothing to do with personal finance. And I was one of those people too, up until a few years ago. I'm an accountant, so I know how to deal with my money, at least that's what I thought. 
 
I knew almost nothing about personal finance and I've been soaking up everything I can about personal finance over the past few years, while also improving my own relationship with my money. And I'm so glad that there are more books out there to help with personal finance and those of us who really need the assistance with learning all about it, especially for women.
 
I'm not saying that men don't need to know about personal finance either, but women have been more closed off from learning about it because we are taught growing up that taking care of the money is a man's job. All you have to do is find a good job and a good man. The rest will happen when it happens. 
 
Not anymore! It's finally time to take back the control ladies!
 
My Biggest Takeaways from Rich Bitch
1. It's okay to still be learning about personal finance today and keep growing as you go. Nothing is set in stone and the more you allow yourself to learn, the more you will learn and be able to change in your life. There is always going to be more to learn. 
 
2. There is a self-employed 401K and you really can contribute a LOT to it! Now I didn't know much about any investing before I picked up this book because I simply wasn't at a point where I was ready to even learn about investing, let alone do much of it. But being an accountant, I only just started working with self-employed individuals, all of the clients I've worked with before were one (wo)man shows. They were companies, so I didn't know much about 401Ks period. But now I've learned some more information that I can apply in my own business and teach my clients too, to be able to help them as well. 
 
3. I love her lesson on investing when you first start out and how she wouldn't have invested the whole amount she had at once, but split it out over six months. It really helps me to plan out my plan of attack for investing before I'm ready. Plus since I'm a planner, this makes things much easier for me to plan ahead of time. 
 
4. I finally learned the difference between 401Ks, IRAs, retirement accounts and investment accounts. I knew there were differences before, but like I already mentioned that I wasn't ready for investing just yet, so I hadn't done much research. I only knew what little I had heard about. But the way Nicole breaks this down in her book is much better than anything I had learned before. 
 
5. Personal finance is a topic that most of us have to learn on our own because it's not taught in schools, nor do many of our parents know much about it. You have to learn it yourself, but there is no harm in that, you just have to be able to know what you are looking for in order to get started with your own research and this books provides you with a very good starting point with a lot of personal finance information. 
 
Would I recommend this book? 
You bet I do! This book should actually be a course, or at least required reading, in college. You know all those gen ed courses that colleges required us to take just to be able to graduate, this should be a course all on it's own. I've been saying for years that there is a list of personal things they should teach you in college, that they don't. All of the topics in this course are on that list because it's a part of life that most of us go uninformed about. 
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About the Author Clarissa

Clarissa Wilson is a financial strategist and online educator who holds two master’s degrees in Forensic Accounting. Also creative and spiritual, she is an intuitive empath and introvert. Clarissa is the host of The Prosper + Profit Podcast, where money conversations occur on a daily basis -- as she believes that money shouldn’t be a taboo subject. After growing up on a dairy farmand learning to work hard for money, Clarissa awakened to a path that allowed wealth to flow easily to her. Clarissa currently lives in Pennsylvania with her two cats.

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