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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.
If you save part of your paycheck every time and then only spend cash, you simply can't go broke.
If you are looking for an answer to all your questions about finances this is the book for you... it answers everything and I really do like his idea.
This book is easy to read without talking down to the reader, is full of good advice with possible to practice wisdom.
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 2 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 12 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 12 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 14 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 16 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 19 months ago by Carolyn Leonard
If you are looking for an answer to all your questions about finances this is the book for you... it answers everything and I really do like his idea. Read morePublished on December 17, 2011 by njcrocker
I remember when I was a kid my mother told me that she "came into this world with nothing" and that she'd "leave this world with nothing. Isn't that the truth? Read morePublished on November 13, 2011 by mannyn
Die Broke may have been published in 1997, but everyone today could learn a lot from this personal finance book. Read morePublished on September 29, 2011 by goldenrulecomics