Always have Enough by Maria Melchor

ALWAYS HAVE ENOUGH by Maria Melchor, founder of FirstGenLiving, covers “How to Build Wealth When You Don't Come from Money.”  Melchor writes in a very accessible, understandable tone and offers numerous insights, including a 6-Week Kickstart Plan, to her readers. She focuses on habits to develop like savings goals and smart borrowing. I found this book to be quite helpful, especially for younger people who are struggling to understand the world of finance. Melchor writes about the AHEM (Always have Enough Money) system and encourages budgeting and planning. She frequently references her own experience as an immigrant and writes with empathy for those who are seeking to balance their personal needs and those of cultural, familial obligations. This text is designed to improve understanding and encourage reflection; for example, several chapters include homework exercises (e.g., creating a financial toolbox with simple steps related to banking and credit cards or strengthening one’s safety net). It might take someone who is less familiar with the system longer than her six-week program goal, but the checklists are very useful and a great first step towards more financial stability.