Does money stress you out? Were you born into a working class family? Finance for the People is for you! Paco De Leon has written a pragmatic yet empathetic book about how to take care of ourselves in this economy.
De Leon talks about why people are weird about money, the stories we tell ourselves about money, and then she unveils her Pyramid of Financial Awesomeness. Chapters are based on each little section of the Pyramid. This makes for an easy-to-follow structure, and each chapter is full of funny hand-drawn illustrations.
What separates this book from the myriad other finance books, podcasts, websites, apps, etc. is De Leon’s mix of empathy and pragmatism. She is simultaneously informative and encouraging. It is a rare thing for a personal finance book to leave the reader feeling informed, gently nudged to action, and hopeful.
Since reading the book I have taken on much more agency in my own financial life – I have co-revised the family budget with my spouse, opened a money market account for my savings account (which I now have, lol), started investing more in retirement, re-evaluated my insurance needs, etc. Most importantly, I got my head out of the sand and stopped pretending that if I didn’t think about my financial future nothing bad would happen.
An important note – Paco De Leon is a member of multiple groups traditionally marginalized in our culture and therefore our economic system. She also has a background in finance. You put these two together, and she comes at money from a much different perspective than the voices we’re usually subjected to in the financial world. For that reason, the book is useful for the average person, but also for people in the financial industry who need to understand that not everyone has the same life experiences or worldview as they do.