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Cold Hard Truth on Family, Kids, and Money, by Kevin O'Leary
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Entrepreneur, TV celebrity, and money expert Kevin O Leary, provides you with a clear, no-nonsense personal finance guide that will help you build a secure future for yourself and for the ones you love.
- Sales Rank: #968541 in Books
- Published on: 2015-09-13
- Binding: Paperback
- 233 pages
About the Author
KEVIN O'LEARY is one of North America's most successful business entrepreneurs, as well as a star on ABC's Shark Tank. He is the author of the #1 bestselling books Cold Hard Truth and Cold Hard Truth: On Men, Women & Money. In 1999, Kevin founded and built SoftKey (later The Learning Company), the global leader in children's educational software, and negotiated its sale to Mattel for $4.2 billion. Since then he has successfully co-founded, funded and sold numerous companies in a range of industries, including storage, entertainment and finance. Today, Kevin is the chairman of O'Leary Funds, a $1.5 billion mutual fund company. A former star of Dragons' Den, O'Leary is also the co-host of CBC's The Lang & O'Leary Exchange.
Most helpful customer reviews
4 of 5 people found the following review helpful.
... in the financial services industry (in retirement planning) and like reading books about managing money
By Teena in Toronto
I work in the financial services industry (in retirement planning) and like reading books about managing money. I'd read O'Leary's other books recently and enjoyed them.
There are four parts in this book:
* Love - the dating game, choosing a mate and the five languages of money
* Marriage - arranged marriages (why they can sometimes work), establishing your financial independence and building the bedrock of your partnership
* Kids - Give your kids an MBA (money & banking awareness), having them get a job, single parents, blended families and adopted kids, and letters from Uncle Kevin to your teenager and 20-something
* Family - building your business family tree, midlife crises and money mismanagement, and giving your marriage a fighting chance
Though I couldn't relate to the chapter on kids (since I don't have any), I liked the writing style and thought it flowed well. Since I watched the author on Dragons' Den and Shark Tank, I would hear "Mr. Wonderful's" voice in his writing ... it's direct and there's no BS. Despite the wealth he has, he is constantly teaching his children the value of money. For example, when he travels and he takes his kids with him, he has no qualms about buying himself (and his wife) a first class plane ticket and economy tickets for the kids.
There was a bit of a disconnect, though, when he talked about ways of saving money and one is to borrow movies from the library rather than going to the theatre. While I can't imagine him doing that today, perhaps he did things like this when his family was young and he was growing his business.
There are quizzes throughout such as "Do You Speak the Same Money Language as Your Mate?" and "Are you Financially Independent in Your Marriage?" There are pictures throughout the book of him and his family throughout the years.
Blog review post: http://www.teenaintoronto.com/2015/01/book-cold-hard-truth-on-family-kids-and.html
1 of 1 people found the following review helpful.
Fire the proofer!!
By Zwill75
Another great book with wonderful thoughts and ideas about families and wealth. However, whoever proofread this book before it was punished needs to be fired. I cannot count the number of typos and grammatical mistakes as well as just plain f ups in the text. I am not a grammer expert but even I could do better than this.
1 of 1 people found the following review helpful.
Keeping it real about money and relationships
By KC Procter
Candid insight on money, relationships, and establishing a family dynasty. I don't agree with some of the advice about divorce and divided assets, but Kevin O'Leary is the millionaire and I'm not. Really appreciated his no BS tone of voice and shooting straight.
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