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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.
At the very least, grab this book off the shelf of your favorite library or store and read the first 18 pages.
That said, you're still going to spend 1/3 of your life at work, and life is too short to spend that much time doing something you don't like.
This book is easy to read without talking down to the reader, is full of good advice with possible to practice wisdom.
A lot of useful information, but most of the information is directed toward people still in the work force. Read morePublished 2 days 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 17 days ago by Penina
enjoyed reading that sheds a new light with informative reading.Published 3 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 7 months ago by W. Matthews
what a wonderful concept. i want to get the most out of my money thru-out my life and this book explained a new concept to me. Wonderful, I do plan to modify it a bit. Read morePublished 17 months ago by lance ramrod
I haven't had an opportunity to read this book yet, however it arrived quickly and in great condition and I am looking forward to reading it.Published 18 months ago by Steven Brown
I finally see the light from reading this book and will pass this on to family members and recommended to friends.Published 19 months ago by Nick
I'm glad I read it because it really focused me in on the problem of with making your assets last as long as you (or your spouse) are alive. Read morePublished 21 months ago by D687
The author, Stephen M. Pollan, a financial advisor, author of at least a dozen books, and his longtime collaborator, Mark Levine, advise everyone to "Quit today, Pay cash, Don't... Read morePublished 24 months ago by Carolyn Leonard