Skip to main content

Money wise Deepak Shenoy-book-review

Deepak Shenoy's *Money Wise* is a fresh breeze in the often-stuffy world of personal finance literature. For anyone who has ever been overwhelmed by financial jargon or felt lost amid a sea of investment strategies, Shenoy’s latest book promises clarity and simplicity. As a seasoned financial expert and the CEO of Capitalmind, Shenoy has distilled his extensive knowledge into a guide that’s as enjoyable as it is educational.

Summary

*Money Wise* isn’t just another finance book; it’s a roadmap for anyone looking to make smart, informed decisions about their money. Shenoy takes readers by the hand and leads them through the essential principles of wealth-building without drowning them in complex terminology. The book addresses key topics like income allocation, smart mutual fund investments, and the importance of observing investor behaviors, such as those of Warren Buffett, over merely listening to their advice.


Shenoy’s approach is refreshing. He breaks down complex financial concepts into easily digestible pieces, making it accessible even for those new to investing. Whether you’re just starting out or looking to refine your investment strategy, this book offers actionable insights and practical advice. This is a sane voice in the cacophony of mindless pumping of money in investments. He makes sense and helps reader see the bigger picture.

Key Takeaways:

- **Ways of Allocating Your Income**: Shenoy emphasizes the importance of diversifying income streams and wisely distributing funds across various investments.
- **The Only Mutual Funds Hack Worth Knowing**: The book unveils a simple yet effective strategy for maximizing mutual fund returns.
- **Watching vs. Listening**: Shenoy advocates for observing the actions of successful investors like Warren Buffett rather than just hearing their words.

Quote from the Book

“Wealth is not just about adding zeroes to your net worth but about having enough to live an unconstrained life.”

Snapshot

Publisher - Juggernaut
Genre - Personal finance
Price - Rs 599
Cover image - Getty
Cover design - Gavin Morris
Publishing year - 2021
Pages - 246


Frequently asked questions

1. **Who should read this book?**

*Money Wise* is perfect for both novice investors and those with some experience who want to enhance their financial acumen. Its straightforward approach makes it accessible to a broad audience.

2. **How does this book differ from other personal finance guides?**

Shenoy’s book stands out by simplifying complex concepts and offering practical, actionable advice without overwhelming readers with technical jargon.

3. **What makes Shenoy’s writing style unique?**

Deepak Shenoy is known for his ability to demystify financial topics. His writing is engaging and clear, often using real-world examples and straightforward language to explain intricate ideas.



Labels:

Comments

Post a Comment

Also read

Cutting people off isn’t strength—It is a trauma response

Your ability to cut people off and self-isolate is not a skill you should be proud of—It is a trauma response Cutting people off and self-isolating may feel like a protective shield, but it is often rooted in unresolved or unhealed trauma and an inability to depend on others. While these behaviors seem like self-preservation, they end up reinforcing isolation and blocking meaningful connections. Confronting these patterns, seeking therapy, and nurturing supportive relationships can help break this unhealthy cycle. Plus, a simple act like planting a jasmine plant can symbolise the start of your journey towards emotional healing. Why do we cut people off and isolate? If you’re someone who prides themselves on “cutting people off” or keeping a tight circle, you might believe it’s a skill—a way to protect yourself from betrayal, hurt, or unnecessary drama. I get it. I’ve been there, too. But here’s the thing: this ability to isolate yourself is not as empowering as it may seem. In fact, i...
1 comment
Read more

Spill the Tea: Ira and the quiet exhaustion of being watched

Ira comes for tea and slowly reveals a life shaped by emotional surveillance. Loved, watched, and quietly evaluated by her parents, she lives under constant explanation. Through food and confession, she names the exhaustion of being known too well and finds nourishment not just in eating, but in finally being heard. Ira arrived  five minutes early and apologized for it. The way people do when they are used to taking responsibility for time itself. She said it lightly, as if time itself had offended her. She wore a white A-line shirtdress, clean and careful, the kind that looks chosen for comfort but ends up signaling restraint. When she sat down, she folded herself into the chair unconsciously. One leg rested on the floor, the other tucked underneath her, knees visible. It was not a pose meant to be seen. It slipped out before her body remembered how to protect itself. I noticed the brief softness of it, the quiet vulnerability, before she settled and forgot. I was still pouring t...
Post a Comment
Read more

The Art of Selling by Lefteris Papageorgiou: Unlocking the secrets of persuasion

Summary If you think sales is about smooth talk and flashy presentations, The Art of Selling by Lefteris Papageorgiou will change your perspective. Packed with 300 pages of practical wisdom from a seasoned entrepreneur, this 2024 release by Fingerprint Publishing is your guide to mastering the nuanced art of persuasion and deal-making. With actionable insights tailored to real-world challenges, it is a must-read for anyone in the start up arena looking to unlock their sales potential. What makes this book stand out? When I first picked up Lefteris Papageorgiou’s The Art of Selling , I thought I knew a thing or two about sales. Boy, was I wrong! This book isn’t just another generic “how-to” guide; it is a masterclass from a man who has built 17 successful ventures across five countries. Papageorgiou doesn’t just teach you how to sell—he transforms the way you think about communication, persuasion, and entrepreneurship itself. Whether you are an ambitious startup founder or someone just...
1 comment
Read more