Talk about an audacious title! But Suze (pronounced "Suzie") Orman means business in this anecdote-rich compendium of tips on 401(k)s, marriage, homes, and happiness. The PBS star/financial adviser has made plenty of the mistakes she warns against, like getting a 30-year mortgage instead of a cheaper 15-year, using Visa cards as magic carpets to calamity, and losing $20,000 in borrowed bucks to bum investment advice. Then she became a Merrill Lynch broker and an author capable of selling 10,000 books in 12 minutes on QVC.
Orman's point--in this and her No. 1 bestseller The 9 Steps to Financial Freedom--is that you'd better face fiscal facts and avoid fear, denial, and the self-fulfilling low expectations the novelist William Wharton called "the Poverty Mind." America is a nation of check-bouncing, late-fee-incurring, guilty bad planners. How long will it take to pay off that $3,000 Visa bill with minimum payments? Thirty years, you poor, dear fool! What would you gain if you bought stocks instead of your daily latte for 30 years? $165,152! Her book might've been titled The Courage Not to Be a Self-Sabotaging Neurotic.
Orman is the Andrew Weil of money health--she yearns to enrich your life emotionally, too. If you can't stand discussions of the psychological origins of fiscal decisions, or self-help lingo like "money is attracted to people who are strong and powerful, respectful of it, and open to receiving it," you'll want a more nuts-and-bolts adviser. If you want pep talk, true tales of woe and makeovers, and a jolt of a true pop culture phenomenon, Suze is for you. --Tim Appelo
--This text refers to an out of print or unavailable edition of this title.
From Library Journal
This financial expert and best-selling author (The 9 Steps to Financial Freedom, LJ 5/1/97) has produced a thoughtful work about money. Orman believes that fear, shame, and anger keep many people from handling their cash effectively, so she urges them to respect money and stop buying things that become clutter. The tapes are enlivened by characters telling their financial stories and the author's own narrative, which is delivered with feeling. Among the many topics discussed are marriage, divorce, death, homebuying, bonds, IRAs, and charitable giving. One could question whether it takes primarily courage to be rich, rather than discipline or financial know-how. Still, this excellent work is filled with sound advice. Highly recommended for all libraries.AMark Guyer, Stark Cty. Dist. Lib., Canton, OH
Copyright 1999 Reed Business Information, Inc.