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has anyone had any luck with the book"free money to change your life." mathew lesco? is it lagit?

5 Answers

  • 1 decade ago
    Favorite Answer

    I had a friend who bought that book.

    The way he presents it is that these grants and offers are good for anyone anywhere, when in fact there is only one such type of grant available for a certain location.

    And they are filled with absurd suggestions based upon his interpretation of obscure laws. The best one was that no one in the state of NH has to pay rent or buy a home because there is a 100 year old law on the books that says a town must provide housing (I'm paraphrasing). The suggestions were laughable.

    He completely glosses over the fact that these grants are few and far between, and are limited to people in special circumstances or those lucky enough to live in a place where funding for certain ventures is available from state or local sources.

    The book is a complete waste of money for 99.9% of the people who buy it. Most library reference rooms have a copy or can get it on interlibrary loan. Check it out for yourself.

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  • 1 decade ago

    Matthew Lesko makes a lot of money spreading the myth that there is free money everywhere available for whatever purpose you want. It is a lie, and absolutely not true.

    The government is NOT in the business of giving away free money for the sake of giving away money. Lesko peddles the idea that you can get grants for whatever purpose you think of --- paying your bills, buying a car, paying off debts, or starting a business.

    Grants are free, but it means OBLIGATION. You will be obligated to do as the grant sets out to do. Grants have objectives, and your purpose must fit the objective of the grant. Lesko glosses over this fact and does not emphasize it -- which is wrong.

    For one, you have to write the grant application and the grant application is not a simple document - you have to explain how your purpose for applying for the grant fits well with the objectives set out by the grant.

    There is a stringent review process through a committee. You will compete with other applicants for the grant money, and this grant review committee will evaluate the merits of each proposal. Only those that they feel exemplifies the objective of the grant will be approved.

    You can go to the Catalog of Federal Domestic Assistance (CFDA) and - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support your purposes.

    Even if you buy books on "how to get grants" or list that supposedly has information on grants -- all of them are mere rehash of what CFDA has, albeit packaged differently.

    Note though that these grants generally support non-profit organizations, intermediary lending institutions, and state and local governments. Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program. Individuals especially for personal purposes are not eligible for federal grants.

    Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs

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  • ?
    Lv 6
    1 decade ago

    Yeah, Mathew Lasco..has made a butt load of money.

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  • 1 decade ago

    It was a scam. I have heard people pay all this money and got nothing. Check out

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  • 1 decade ago

    no i haven't tried it, but try this out

    it works, its free, and they send u checks. It wont make you a millionaire, but the extra money is nice.

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