Die Broke is organized into two sections: the first lays out the principles for dying broke. Pollan bases his whole argument on these four maxims: quit today and work for yourself, not your company; pay cash, melt your credit cards, and don't even think about using your ATM card; don't retire, retirement is a relatively new concept created during the Depression, instead plan to work all your life, and; die broke, after all, you can't take it with you.
The second part looks at specific instances of how to put this philosophy into action, covering everything from "Automated Teller Machines and Cards" and "Umbrella Liability Insurance" to "Mortgage Loans" and "Real Estate Investment Trusts." The book draws on Pollan's experience as a financial and legal consultant and includes many examples from his own practice.
Some may find Pollan's views extreme. However, if you're starting to think about retirement or are at all worried about your financial future, Die Broke is worth a look. Even if you think you've got it all figured out, this book could change your mind. --This text refers to an out of print or unavailable edition of this title.
Solid advise that anyone can apply. The book is a classic and written in the 90's, but the advise applies perfectly today in the so called global economy, For most of us who work... Read morePublished 3 days ago by Mark B
I think this book offers some good financial advice. It strays from the traditional view of retirement.Published 3 months ago by Paul
Some thought provoking ideas. In the end long on anecdotes and short on facts. I Read a book by Ric Edelman at the same time, in contrast it was concise factual and to the point... Read morePublished 5 months ago by Nicholas walsh
A lot of useful information, but most of the information is directed toward people still in the work force. Read morePublished 6 months ago by Sidney
This book has extremely good ideas for managing your money to make the most of it and of your life. I recommend it for anyone who wants a new perspective about work, investment,... Read morePublished 7 months ago by Penina
enjoyed reading that sheds a new light with informative reading.Published 10 months ago by Stan Dixon
This book is a different way to view finances and life. The authors describe the plan in four parts: Quit Today, Pay Cash, Don't Retire, and Die Broke. Read morePublished 14 months ago by W. Matthews