Showing posts with label Personal FInances. Show all posts
Showing posts with label Personal FInances. Show all posts

Monday, August 22, 2016

Classic Book Review: Gene Simmons - Sex, Money, Kiss






13 years ago, Gene Simmons released his second book, Sex Money Kiss. It was the follow up to his best-selling autobiography, Kiss and Make Up. While his first book was a pure autobiography, for book number two, Simmons went in a bit of a different direction, combining biographical elements, with personal finance advice, lifestyle advice, and even relationship advice.

Sex Money Kiss is an enjoyable read filled with tongue-in-cheek humor and interesting behind the scenes looks at the business side of the music industry. Gene takes us on his personal finance/business/music career journey that started at a very young age when he would buy comics in bulk and weed out the valuable ones for resale. His entrepreneurial mind was working at an early age and never stopped.

Simmons goes into detail about projects he’s worked on over the years, both successes and failures and explains how each takes the same amount of time and commitment. The same amount of energy will be put into failures as successes. In order to succeed, one must possess the “never give up” mentality, knowing that eventually one of the ideas is going to strike gold. Simmons also spends a lot of time discussing work ethic and work habits. He provides sound advice about dedicating oneself to their work for the agreed upon time that one is working. He also preaches that if overtime is available, take it. If there is an opportunity to work weekends, seize it. The nights will still be free to do whatever you want, but while there is a chance to earn money during the day, do it.

The years of KISS are covered throughout Sex Money Kiss as well. From their humble beginnings to their mega farewell tour, Simmons discusses what was happening in the background to make the career of KISS such a success. He details how he was involved in a lot of the business side of things in order to get a better understanding on where the money was going and who was actually pocketing it. From dealing with promoters, to distributors, to record executives, Simmons tried to be involved with as much as possible. As he states several times throughout the book, “No one knows YOU better than you.” It is important to be involved in these aspects of your life. And while he was discussing it from a music industry perspective, the advice is applicable in all of our daily lives. How much involvement do we really have in our own investments?

Failed ventures are well documented in Sex Money Kiss also. From a KISS sneaker line, to unmade movies, Simmons discusses all of the projects that he is or was working on and their various stages of success and while ultimately some of them never came to market. He also discusses his own personal involvement in negotiating the terms for all of these projects, which ultimately led to more money into the band’s (and his) pocket. And while a lot of it may appear that Simmons is bragging about all of his successes, there is much more that can be read into these stories. It is an inspirational read meant to fire the reader up to take charge in their own lives. Don’t sit on the sidelines. Work and work hard, while pursuing a fun hobby that may eventually turn into a career. And always pursue a way to get paid for what you are doing. And make sure that you are paid well for it.

Overall, Sex Money Kiss is an enjoyable read filled with solid advice on relationships, work, and money. And while most of it may be taken with a grain of salt and admired from a far perspective, Sex Money Kiss has plenty of good advice throughout. It also serves as a companion to Kiss and Make Up, giving more details to certain stories that happened throughout the career of Gene Simmons. If you are a fan of KISS, the music industry, or if you are looking for a light read on saving and investing money, I highly recommend that you seek out the classic gem, Sex Money Kiss.

Friday, April 29, 2011

Friday's Rockin' Roundup - Financial Literacy Edition

Did you know that April is Financial Literacy Month? One of the things that your cousin Ryo likes to do almost as much as listening to music is saving money. However, I was not always like this.

In my 20s and early 30s I was a spender. If a new CD came out, I had to have it right away. When a new video game or game system became available, I went out and bought it. My movie collection was vast, filled with movies that I would buy in droves. It didn’t matter if I had the money or not, I had to keep up with the Joneses.

Then the bills came. Along with the bills came debt---a lot of debt. In June of 2007, I finally sat down to assess my situation and I realized that I was in over my head. I was on the verge of bankruptcy. Immediate changes had to take place.

That fall, I read my first (and still my favorite) personal finance book. The book was “Your Money Or Your Life” and it taught me a whole new perspective on my relationship with money. From that moment on, I changed my lifestyle to become a saver rather than a spender. As I learned more about personal finance and saving money, I also discovered some great websites along the way.

For this edition of Friday’s Rockin Roundup, I am rounding up some of my favorite personal finance websites.

Get Rich Slowly
www.getrichslowly.org
One of the best personal finance sites on the World Wide Web is without a doubt Get Rich Slowly. Founded by JD Roth, a man who was in debt up to his eyeballs until he found a way to claw out of it, Get Rich Slowly teaches slow growth to riches. The site emphasizes saving more and spending less. Get Rich Slowly shows the realism that it’s a long hard road to get out of debt and an even longer road to stay out of debt. As a daily read, Get Rich Slowly is a site that won’t steer you wrong.

I Will Teach You To Be Rich
www.iwillteachyoutoberich.com
Ramit Sethi of I Will Teach You To Be Rich has a decidedly different viewpoint on what it takes to get rich. Ramit’s big charge is let your friends skip the lattes and you can make big bucks instead. While Ramit does talk about getting out of debt and saving money, he also points out that it’s easier to save money if you make $1,000 a month on the side as opposed to skipping out on $4.00 lattes. His wisdom is you can always make more money, but there is only so much you can cut. A young, dedicated, entrepreneur, Ramit is a great teacher and his I Will Teach You To Be Rich site is an entertaining and informative read.

The Simple Dollar
www.thesimpledollar.com
Trent Hamm, author and creator of The Simple Dollar, is definitely a saver. A man who was in so much debt that he was on the verge of bankruptcy, Trent turned his entire life around and now blogs for a living. Yes, he quit his 9 to 5 job so that he could blog full time and stay at home to raise his children. Most of us can only dream of living that lifestyle, yet Trent is actually doing it. Filled with timely, practical tips on frugality and saving money, The Simple Dollar is a great read and one of my daily stops in the world of personal finance reading.

MSN Money – Personal Finance
http://money.msn.com/personal-finance
One of the websites that I try to visit on a regular basis is the personal finance site on the MSN Money page. It is chock full of tips on how to save money, simple investment strategies, and where to find nice things that are inexpensive. I also like most of the columnists featured on this page. This is a great website that covers all of the basics of saving and investing. If you are looking for a financial website that you would visit again and again, you should definitely bookmark the MSN Money page.

For more rants, raves, news, reviews, personal finance shout outs, and updates on my Every Album Challenge, you should follow me on twitter. www.twitter.com/ryovie

Friday, April 23, 2010

Friday's Rockin' Roundup - Financial Awareness Special Edition

Did you know that April is Financial Literacy month? Other than music blogs and sports blogs, there is one group of blogs (and podcasts) that your cousin Ryo loves…Finance blogs. I went through a long period in my life being racked in debt with no clue how I was going to pay it off. At the time, I didn’t even care. I was a minimum payment guy and as long as the credit card companies kept raising my limits, I kept spending. Until it was too late and I was so deep in debt that I thought I would never pay it all off. The idea of working until I was 70 with nothing to show for it but more debt scared the hell out of me.

I read one book that started me on the path of better financial health. Your Money or Your Life by Joe Dominguez and Vicki Robin launched my love affair with better finances. From there, I went on to find many blogs, read more books, and reel my finances in order. I am about two years away from being debt free (except for my mortgage) and I can’t tell you how great that makes me feel. That may mean that I miss a few concerts, or I don’t get to sit in the good seats like I once did, but, it will also afford me opportunities to pursue my real passions full time. Once I am debt free and have amassed some wealth, I’ll be able to write a bio on one of my favorite bands, or develop multiple blogs that I’ve been thinking about. I can start the podcasts and everything else that I see for The Rock and Roll Guru.

My journey to a debt free life has not been an easy one, but it’s been a great one. And without the help of certain websites and daily readings, I may have given up a long time ago. So for this special edition of Friday’s Rockin’ Roundup, here are the personal finance blogs that rock!

Get Rich Slowly
www.getrichslowly.org

Led by J.D. Roth and staff of great writers, Get Rich Slowly is a fabulous finance blog that covers everything from “The Millionaire Next Door” to decreasing the amount of “stuff” you own, Get Rich Slowly is a daily visit for me. There’s always practical and useful advice on the site and the posts are so well written that they are enjoyable even on the days the topics don’t apply to me. Get Rich Slowly is helping people do just that, acquire their wealth slowly over time. It’s a reminder that finances are a daily struggle.

The Simple Dollar
www.thesimpledollar.com

Similar in style to Get Rich Slowly, Trent Hamm writes a great blog known as The Simple Dollar. Focusing heavily on frugality and savings, The Simple Dollar is a good reminder of the basics. Saving money and having more time in life to pursue the passions you enjoy are the main principals of The Simple Dollar. These are wonderful principals to have. With two blog posts a day, Trent Hamm has an inspiring site that is worthy of a daily visit

I Will Teach You to Be Rich
www.iwillteachyoutoberich.com

The complete opposite of The Simple Dollar and Get Rich Slowly, I Will Teach You to Be Rich sets out to do just what the title says. Author Ramit Sethi writes an informative and hysterical blog that has the philosophy of making more money is the only way to win the war against finances. If you are too afraid to ask for a raise and get paid what you are worth, then you deserve to be clipping coupons. With crackling sarcasm and quick wit, I Will Teach You to Be Rich is a fun read that informs while it entertains.

Dave Ramsey
www.daveramsey.com

A wonderful personal finance guru, Dave Ramsey teaches the simple styling’s of “snowballing” your way out of debt. He also constantly challenges his readers (and listeners) to whether they are truly living as tightly as they can to get out of debt as quickly as they can. I listen to the Dave Ramsey podcast regularly and he keeps me in check. Am I truly saving as much as I can? Where am I still squandering my earnings? Dave Ramsey is filled with practical advice that makes sense. His blog, podcasts, and books are definitely worth checking out.

Happy Friday Everyone! For more financial wisdom, music happenings, and the wily wit of Cousin Ryo, you should follow me on twitter. www.twitter.com/ryovie