Home / Books / Book Reviews / Book Review: The Problem With Money? It’s Not About the Money! by Jane Honeck

Book Review: The Problem With Money? It’s Not About the Money! by Jane Honeck

Please Share...Print this pageTweet about this on TwitterShare on Facebook0Share on Google+0Pin on Pinterest0Share on Tumblr0Share on StumbleUpon0Share on Reddit0Email this to someone

Are you in charge of your money, or is your money in charge of you?

That is what The Problem With Money? It’s Not About the Money! attempts to do. The author, Jane Honeck, CPA, specializes in tax and financial planning for professionals, small businesses, and individuals. She is also a Certified Empowerment Trainer and has developed “Cent$ible Living” financial workshops and money coaching sessions to help her clients make meaningful and lasting change in their financial lives.

There are literally hundreds of books, CDs, and DVDs telling us how to manage money. Meaning that many people know how to gain control of their finances. Yet very few actually do it. The problem is they don’t now why they are in their particular situation. Which means it is hard to fix the what until they figure out the why.

In her book Honeck talks about how she found her beliefs, and how those beliefs were influencing the choices that she made. If we are to get really serious about our financial house, we most remove that blindfold and discover those uncovered beliefs in our own personal and financial lives. In fact, she point blank says, in her book,

That’s what this book is all about. The Problem with Money? is about removing those blindfolds and committing to leading  financially conscious lives with fully examined beliefs so when we make our money choices we’re making them with our eyes open.

Honeck writes in a lighthearted way about a serious topic, saying, “We’re going to laugh at our foibles and our feeble attempts to change (our money habits).” To help us unearth our money beliefs, she suggests we keep a journal or notebook as we read her book. Her reason for the notes: “being conscious with your money isn’t automatic — the notes will remind you of where you’ve been and where you’re going.”

As Honeck so clearly states in The Problem With Money?, when we become conscious of our underlying beliefs, we turn those beliefs around to reflect our real values. So what are some of those unconscious beliefs? Such things we may have learned from our parents and those around us. As we grew up we learn that

Money is everything, those that don’t have are lazy; they aren’t even trying.


Making money is tough; there is never enough.


Having too much money is bad (evil).

Honeck’s book attempts to help you discover your beliefs, without telling you what they should be. There are no right or wrong answers. Only you and you alone can decide what is best for you. The author even includes worksheets in the back of the book to help you work through this process.

If you don’t learn the why, you can’t fix it. Basically, think of the movie Ground Hogs Day, and apply it to your financial life. It is important that we get control and keep control. Even those of us who have studied under personal finance lecturer, author, and radio personality Dave Ramsey and got debt free, could end up repeating our mistakes, if we don’t learn the why’s and change those habits and thoughts. I truly believe this book is an important read and would fit nicely into any personal finance study. Please do yourself a favor, and get a copy of this book and read it. Do her worksheets, and then get the budget forms from PrinceOfThrift.com and fill them out on a regular basis. Because, when it comes to personal finance, it’s not a one time thing, it’s a lifetime thing. 

Powered by

About Kansasman

  • thanks Shelly. Not sure I trust many either, but this book was so well written and so practical it has to be part of any personal finance study.

  • I write about characters who survived the last crash, and I have to say, especially in the light of recent history: I don’t trust any of the experts any more.

    Maybe Krugman.