Book Reviews / Books

Review: The Financial Diet by Chelsea Fagan and Lauren Ver Hage

07.30.18

The Financial Diet book

I’m a recent devotee of popular US website The Financial Diet – an online destination that offers millennials savvy savings advice, covering everything from where to splurge and where to save, to the importance of prioritising a pension and how to budget by being boring. While in my youth I would have been more inclined to visit the Daily Mail’s side bar of shame, I find myself these days much more interested in money than celebrities, and also have something of a penchant for Refinery 29’s weekly Money Diaries series, where everyday women record exactly how much they spend and on what for a seven day period.

And so given my recent interest in all things finance, when I found out that co-founders of The Financial Diet, Chelsea Fagan and Lauren Ver Hage, had released a book named after their much-loved website, I quickly ordered myself a copy.

A great primer when it comes to all things personal finance, The Financial Diet is an accessible read for anyone wanting to get smart with their money. I loved how the book was broken up into chapters – budget, investing, career, food, home, love and action – and really enjoyed the interviews with various women throughout the book – with guidance on everything from the toolkit every woman needs in her home, to the seven questions you should ask yourself about your job every year, from business journalist Joanne Cleaver.

It too had information about where and when to invest your money, whether renting or home ownership is right for you, and tips on how to master your grocery shop; and while much of the advice may sound fairly basic, it’s a great reminder for anyone that reads it on where to splurge versus where to save. It also encourages people to shop more mindfully, and the importance of taking a real and honest look at their finances.

A refreshing and relatable book that offers actionable advice, helpful hints and tips on tricks on managing your money, The Financial Diet book is a one stop shop for anyone wanting to invest in their financial future. An informative read that offers a holistic approach to personal finance and much more besides, it’s inspired me to be smart with my spending and savvy with my savings. A must-read guide for anyone that wants to get good with money.

About The Financial Diet

The Financial Diet is the personal finance book for people who don’t care about personal finance. Whether you’re in need of an overspending detox, buried under student debt, or just trying to figure out how to live on an entry-level salary, The Financial Diet gives you tools to make a budget, understand investments, and deal with your credit. Chelsea Fagan has tapped a range of experts to help you make the best choices for you, but she also knows that being smarter with money isn’t just about what you put in the bank. It’s about everything―from the clothes you put in your closet, to your financial relationship habits, to the food you put in your kitchen (instead of ordering in again). So The Financial Diet gives you the tools to negotiate a raise and the perfect cocktail recipe to celebrate your new salary.

About Chelsea Fagan

Chelsea Fagan is a writer and the co-founder of The Financial Diet, the popular website and YouTube channel where talking about money is something you actually want to do. She lives in New York city where, when she’s not working on The Financial Diet, she is cooking or playing with her tiny mutt, Mona.

About Lauren ver Hage

Lauren Ver Hage is the Chief Design Officer of The Financial Diet and co-author of The Financial Diet book.

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