The YNAB Book Club

Join the YNAB Book Club! We'll use this thread to discuss a new personal finance book each month. It's time we broadened our horizons a bit -- not everything's about budgeting. Well, not really anyway. I guess.

The YNAB Book Club

Postby jesse » Thu Mar 19, 2009 4:19 pm

Welcome to YNAB's book club! We're going to kick this off on Wednesday, April 1st (no fooling, really). Each month we'll be reading a new book and discussing it in a new thread.

Some books we read, you may have already read. Feel free to read it again and chime in! One nice benefit of signing up for the book club is that we do a drawing each month for someone to win the book we'll be reading the next month.

I'll be doing a more formal announcement for the book club next Monday, the 20th, in YNAB's newsletter. (If you haven't signed up for the newsletter, you can do so here).

Join the Book Club

It's important that you formally join the Book Club via the link above, as that's how I'll know who should be in the drawing.
Jesse
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Re: The YNAB Book Club

Postby MALMomma » Fri Mar 20, 2009 8:34 am

Fun!! Signed up. :) Will we know prior to the 1st which book will be up for reading? Would love to make sure I can nab it from the library before we start.

Great idea, Jesse!
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Re: The YNAB Book Club

Postby pksublime » Fri Mar 20, 2009 9:57 am

Hey this was my idea, but we never really got it going....
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Re: The YNAB Book Club

Postby MALMomma » Fri Mar 20, 2009 11:36 am

Well then kudos to you! :) Excellent idea! LOL
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Re: The YNAB Book Club

Postby Tanikova » Fri Mar 20, 2009 12:48 pm

yes I signed up too... figure more information and education is not a bad thing
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Re: The YNAB Book Club

Postby pksublime » Fri Mar 20, 2009 2:24 pm

MALMomma wrote:Well then kudos to you! :) Excellent idea! LOL


Yep viewtopic.php?f=9&t=1184&start=0
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Re: The YNAB Book Club

Postby jesse » Fri Mar 20, 2009 2:53 pm

Yeah, I knew this wasn't my original idea :) *Hat goes off to pksublime*

And MALMomma, you'll know Monday which book to snag :)
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Re: The YNAB Book Club

Postby MALMomma » Fri Mar 20, 2009 3:39 pm

Woot!
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Re: The YNAB Book Club

Postby pksublime » Fri Mar 20, 2009 9:38 pm

Okay it was my idea, but the free book drawing is really going to produce results I think.
Good idea.
Hmm, maybe I should go compile a list of books and actually make a move on my idea and help jesse out.
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Re: The YNAB Book Club

Postby jesse » Mon Mar 23, 2009 9:17 am

That would be cool :)
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Re: The YNAB Book Club

Postby pksublime » Mon Mar 23, 2009 3:06 pm

The first book is....Ramit Sethi's I Will Teach You To Be Rich

Buy it here at Amazon.com

Or get it for Kindle
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Re: The YNAB Book Club

Postby llambe » Fri May 22, 2009 2:22 pm

So what's the next book? :D

I've finally gotten to #2 on the library's hold's list for "I will teach you to be rich" (I was only #11 but it took forever to get out of the "arrived" category - sometimes I think the library employees hold the popular books to read themselves first :lol: ) and think I'll get to read it in the next week or so so I'm ready to start looking for the next one.

I think if you just start a single thread on each book that would be better though - unless some book really gets a lot of comments.
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Re: The YNAB Book Club

Postby Maggie Magpie » Sun Jun 07, 2009 8:48 am

I'm a bit disappointed. Nobody has posted in here since May 22nd. Nobody has done any further reviews on the first and only book for the club (I Will Teach You To Be Rich) in this forum. llambe has asked that the next book be recommended (for good and practical intents and purposes), so that it can be reserved at the local library, yet no response. I see myriad posts about acquiring the first book, but minimal discussion about its content. Is the book club being disbanded?
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Re: The YNAB Book Club

Postby mbowling » Sun Jun 07, 2009 10:46 am

Maggie Magpie wrote:Is the book club being disbanded?

I question the original intent of the book club. It seems there was some kind of agreement between YNAB and the author of I Will Teach You to be Rich. There was an email address at the author's domain (ynab@iwillteachyoutoberich.com) where YNAB users could send a copy of their book receipt for the chance to win prizes. Did YNAB receive a commission for the receipts that were submitted? Was it a cross-marketing agreement between YNAB and the book's author? Or, maybe there is no conspiracy at all? It seems that the book club was created to promote I Will Teach you to be Rich and was then abandoned.

It also seems that the moderator (pksublime) dropped the ball. The moderator has not organized and guided the forum. YNAB should have recognized this and corrected the situation by taking a larger role in the book club or assigning a new moderator.

If a new campaign such as a book club is going to be launched you need to have the time and resources to dedicate to the project. I want YNAB to succeed. A part of that success is the perception of professionalism when a potential customer visits the forum. Seeing an abandoned book club will cause someone to question the dedication and legitimacy of the company. The book club should be actively supported by the company or it should be removed.
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Re: The YNAB Book Club

Postby Maggie Magpie » Sun Jun 07, 2009 11:34 am

I have scoured the IWILLTEACHYOUTOBERICH site and have not seen any YNAB cross-marketing. As a matter of fact, I just posted a reply in the actual forum space re the specific book (here under book club) my disappointment with the way Sethi promotes MINT, QUICKEN et al, yet no mention of YNAB anywhere.....which to me is a great omission considering he posted how he hates "frugal tips" on his website under the Scrooge Strategy drop down (full of boring frugal tips, by the way). So why wouldn't he point the teenagers and college grads to something intuitive like YNAB (instead of MINT....~yawn~).
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