Women today can no longer rely on men for financial security, as author Georgette Mosbacher herself learned when she was left nearly penniless after two divorces from wealthy men. With only 28% of divorced women entitled to financial support from their ex-husbands -- and only a third of those lucky enough to collect a dollar -- it's never too early for women to take control of their finances. It Takes Money, Honey!, written with financial expert Diane Harris, gives them the ammo to do just that. Filled with practical knowledge and wonderful, pithy "Georgette-isms" ("You've heard about the Three Biggest Lies, but do you know about the Fourth? 'Don't worry, honey, I'll take care of you.'"), this book may be a woman's best friend in a man's world.
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Book Description
Bestselling author and successful CEO of Georgette Mosbacher Enterprises, Inc sounds a financial wake-up call to women everywhere -- complete with tips on how to achieve fiscal independence before it's too late
Editorial Reviews
From Publishers Weekly
Mosbacher starts this book by saying, "Money causes you constant anxiety if you don't have it and diminishes your self-esteem. Conversely, when you have money, you feel empowered, in control, able to take on the world." True, all true, but hardly late-breaking news. And that's the problem with her book. The advice is sound, but it's all been said before: have a secret cash stash; utilize your employer's 401k plan; make a budget by writing down everything spent; save three to six months' living expenses; never pay full price for items; pay more than minimum on credit cards. The strength of the book isn't apparent until Chapter 13, in which Mosbacher discusses how to invest. She explains the importance of index funds?"the basic building block of every smart woman's portfolio." The chapter clarifies, in simple terms, why and how women should get started investing. The next chapters, sadly, go back to the obvious ways to make more money: look for a higher-paying job; don't underestimate your self-worth; consider starting your own company. In the end, Mosbacher tries to appeal to all women?regardless of their financial and socioeconomic background?on all topics relating to money. She would have been wiser to target one demographic and address that readership's concerns.
Copyright 1998 Reed Business Information, Inc.
Copyright 1998 Reed Business Information, Inc.
From Library Journal
Mosbacher, most well known as the divorced wife of former Cabinet Secretary Robert Mosbacher, shares her "secrets" of financial success with women facing the possible death of or divorce from their money-earning husbands. She offers tips on breaking the paycheck-to-paycheck cycle, making a success of one's own business, getting and staying out of debt, finding a job, and assuring financial success in relationships with men. She focuses on dreaming visionary goals, acting on those dreams, and planning to achieve them. Since she now has accumulated what she modestly admits as "wealth" from her successful businesses, her target audience may be interested in what she has to say. The author's narration fits better in a standup presentation and represents a truism, namely that many times authors should not be allowed to read their own work for audio format. While these "secrets" may be finely tuned to a specific audience, look to the numerous other solid works on financial independence and the principles of money management that are of course relevant to all. Consider only for demand in larger public libraries.ADale Farris, Groves, TX
Copyright 1999 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
Copyright 1999 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
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Most Helpful Customer Reviews
8 of 9 people found the following review helpful:
5.0 out of 5 stars
The Unsinkable Georgette Does It Again!,
By A Customer
This review is from: It Takes Money, Honey : A Get-Smart Guide to Total Financial Freedom (Hardcover)
Georgette Mosbacher is a real inspiration. Despite the naysayers who won't acknowlegde her achievements due to her marriages to high-profile, high-finance husbands, one only has to read this book and her last ("Feminine Force") to realize that this lady knows what she's talking about. "Money, Honey" it very practical (none of this visualizing mumbo jumbo ala Suze Orman) and covers the basics of managing money very well. No, it's not an academic financial analysis, but the fact is the basic financial skills she writes about are, unfortunately, concepts many women have no clue about implementing in their lives. Too many have the idea that money is some mystery, like fate or luck, that either you have or you don't. Georgette empowers the reader by saying "You may not have it yet, but I'll show you how you can get it." Georgette is to be commended for writing a book that will help a lot of people take money seriously and improve their well-bing as a result. On a personal note, I was sorry to read in the book that Robert Mosbacher walked away from this very intelligent, beautiful, elegant woman. His loss! Best wishes for future happiness, Georgette. You deserve it.
6 of 7 people found the following review helpful:
5.0 out of 5 stars
Common sense approach to money for women.,
By A Customer
This review is from: It Takes Money, Honey : A Get-Smart Guide to Total Financial Freedom (Hardcover)
This is the first financial planning book any woman should read. Ms. Mosbacher gives simple and specific advice on how to get started planning your financial future. The reader should keep in mind, however, that Ms. Mosbacher believes that money is the most important thing in the world. As long as one doesn't lose perspective, the guidelines in this book are very helpful.
3 of 3 people found the following review helpful:
5.0 out of 5 stars
A quick overview of what every woman should know about money,
By A Customer
This review is from: It Takes Money, Honey : A Get-Smart Guide to Total Financial Freedom (Hardcover)
Gorgette's book is a very quick read. You will love her attitude toward life and money. "Look out for #1." The case studies she uses are appropriate and uplifting. This book is not for you if you are looking for in depth financial counseling. But if you need to get started, or if you have never had any money of your own, this book is for YOU! Georgette's attitute toward the reality of relationships and how money=power in relationships does not follow the feminist norm. It is much more realistic. She stresses the importance of financial independence, even if it is just a few dollars socked away each week. Georgette Mosbacher is my role model from now on.
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