Book: Living off the Smell of an Oily Rag in NZ

Thursday 29 January 2009

Living off the Smell of an Oily Rag has been an outstanding success since it was first published in 1991. Since then the books have become best sellers and been published as a syndicated column throughout New Zealand in some 30 community newspapers from Kaitaia to Invercargill.

By The Landlord

Living off the Smell of an Oily Rag in NZ

Reviewed by Amy Hubbard on behalf of Good Returns Bookstore:

The authors of this revised expanded edition of Living off the Smell of an Oily Rag, hope to convince people that becoming an Oily Ragger is not a shameful exercise. In fact it should be fun, good for your health and great for your pocket.

Having not read the original from 1991 I read this book with some trepidation. Was I going to discover just how shamefully extravagant I am? Or will I be made to feel bad for not recycling everything I can in my house? How wrong I was! This book has attitude in spades, the authors’ personalities shine through and their humour is infectious.

The intro chapter aims to debunk the myths surrounding Oily Ragging, explaining that extensive research backs up the theory that most Oily Raggers do not do it out of necessity, rather choice. The various types of Oily Ragger is very amusing and quite insightful. Staggeringly I discovered I fit the ‘Nouveau Oily Ragger’ type so was rather pleased to realise I’m not as wasteful as I thought.

The next few chapters go into detail regarding putting a roof over your head; covering every aspect from renting, getting a mortgage, renovating and maintenance. How to motor off the smell of an oily rag details the various forms of transport available and why they will save you money, through to a car buyers checklist so you don’t end up buying an oily wreck; how to drive more efficiently and of course, what type of insurance you should consider. The chapters are dotted with humourous illustrations and anecdotes and I frequently found myself giggling aloud at the ironic situations presented.

How to take the shock out of your power bill was one particular chapter I found useful and highly illuminating (excuse the pun!) The Appliance Energy costs table also enlightened me as to what exactly it is I keep paying for each month. Towards the end of this book the authors get slightly more serious when explaining how to make sense of your dollars. There is literally an A-Z of how to make your money work for you rather than against you.

Living off the Smell of an Oily Rag is a fabulous book that can either be dipped into for ideas and tips or pored over to help you make your money go that extra mile. I thoroughly enjoyed it and every household in New Zealand should add this gem to their collection.

Click here to download the first chapter absolutely free: Chapter 1

Living off the Smell of an Oily Rag $24.95 is available through the Good Returns Bookstore or call us on 0800 345675.

Commenting is closed

Property News

Ditching CGT a win for common sense

Celebration is the name of the game for property investors nationwide after the Government announced that it won’t be introducing a capital gains tax.

House Prices

Revealed: Auckland hotspots

Auckland’s price growth might be flatlining overall but new data shows the SuperCity still has some hot spots where prices are on the rise.

Commercial

Changing world, changing property market

Technology and changes to the way people work are set to transform the commercial property sector and investors need to be attuned to these developments.

Mortgages

New flames to fan housing market

The demise of the capital gains tax proposal and record low mortgage rates will led to a pick-up in housing demand and boost the market, ASB economists say.

Site by PHP Developer