Rating: Summary: Good Book Review: I actually haven't read this yet. I got a chance to meet Suze at the Mall Of America she was doing a QVC show after that she did a Q&A she signed my copy of this book I will read this.
Rating: Summary: A guide to financial responsible behavior Review: I especially liked the first section, acts of courage. Even if you financial life isn't in disarray, and if the amount of dept you have is very limited, there is much emotional intelligence in this section, and its messages are worth thinking about: The author shows how negative emotions as shame, guilt, fear and anger influence bad financial decisions, she shows how negative thoughs and words, in combination with lack of goal oriented thinking may stop us from achieving what we want. She shows how material clutter doesn't do much good neither and hert advice to walk through your house and look for items you do not longer use and other stuff that is "just filling closets" is something that too many people suffer from. Just applying this first section might pay back for the book.As for section 2, marketeers won't be happy, but some of the advice is well worth considering. For instance, an exercise in Chapter 4 makes you consider this as: "How much money would you save if you drove your car one extra year? And waited one more year to upgrade your computer? Or to redecorate that room in your house?" As the author is right to state, many people are trying to "keep up with the Jonesses" and are envious if their neighboor seems to be living in better financial conditions. The same section tackles the issue of credit card debt, a problem that is quite common is one looks at macro economic figures but a dept that often is doing a lot of damage to people's self-worth. For non-US readers: some of the practical advice is US-centric. I have no use of 401k plans, US divorce and social systems, I don't have to pay taxes in the US, I do not have to save to pay the college or education of my kids, I'll be able to "survive" on my retirement money, etc. (thank god I live in Belgium, and that our social system takes care of all that!) The title is a bit too much hype to my taste. That's why this book lost a star. Yet, there is some thruth in it. Another book that contains similar lessons is "The Millionaire Next Door" by Stanley and Danko. They came to these conclusions by studying millionaires. Their book preesents their findings, whereas Orman's book is more practical. Patrick E.C. Merlevede, MSC -- co-author of "7 Steps to Emotional Intelligence"
Rating: Summary: A very, very, very good book. Thanks Suze Review: I have read several other books by female financial authors. And found those 1,000 page fluff filled books about as useful for financial knowledge as a used piece of toilet paper. Suze is the best. She is passionate about personal finance and goes beyond just offering financial advice. Not just marketing, although her books and other products certaintly outsell that NY female magazine writer by about 1000 to 1. Suze's books sell only because she has something to say. The Courage To Be Rich is by far one of Suze's best works to date. She really get's down and deep into the mental aspects of money and why your attitude directly affects your financial situation. Some of what Suze writes here is similiar to 9 Steps to Financial Freedom, Suze's best book in my opinion and I like The Courage To Be Rich better than The Road to Wealth which is also excellent and probably appeals more to those analytical types who enjoy that NY female writer with the 1,000 page book full of fluff. The Road to wealth, is not fluff...it is powerful information. None the less, I still like The Courage To Be Rich even better. More hard hitting. More results oriented. Great book Suze. We love ya!
Rating: Summary: SUZE's BOOK HITS THE NAIL ON THE HEAD Review: If you are looking for a financial guide, you might want to start at the end of the book and flip backwards, since most of the specific financial advice is in the final chapters. The first part of the book mainly deals with the emotions that are associated with money, and how negative emotions about money can get in your way to freeing yourself from debt and from looking at your finances in a clear way, and this is very true. The second part of the book explains how financial clutter and physical clutter can hinder us, and encourages you to get your priorities straight: People first, then money, then things. I think that this book is a good place to start, because you need to deal with your emotions about money, your anger and frustrations, and fears, before you can begin to clear up the clutter and plan for your future. It contains many personal stories from many different people.
Rating: Summary: The Courage to be Poor Review: Just imagine if you had the courage to put your money into the qqq in 99 in the wholesale fashion which this author suggests.
Rating: Summary: I'M IMPRESSED! Review: Suze Orman definitely knows her stuff. When it comes to financial awareness, I have slept through 40 years, and made countless mistakes, as have untold millions of Americans. I completely agree with Suze when she states that it truly does take "Courage to Be Rich". It requires planning, budgeting, understanding, and total willingness to change from living from paycheck to paycheck, wondering when everything's going to get better. But, it won't get better, unless you and I make a change, and improve our lives. The middle of this book got a little dry when it got into the meat of the issue, eg. stocks, bonds, mutual funds, IRAs, Roth IRAs, etc., however, she explained those various investments very well. I'm just beginning to make up for a lot of wasted time, and this book was very enlightening to me. If any other books explain the subject as good or better than this one, please let me know. One inherent problem with a book like this is that after a few years some of the concepts will have changed, but the basics will always apply.
Rating: Summary: A very, very, very good book. Thanks Suze Review: Suze Orman reveals the secrets of becoming rich and prosperous. How you become rich? You will have to be courageous to ditch debt, to ask for more, to make room for money and wealth, to open your heart, to tithe and finally, to think rich. If you calm your heart, then you will see money in a different way. Orman's book is a confirmation that there is spirituality in money and prosperity. Make it happen in your life. By Thei Zervaki, author of Globalize, Localize, Translate
Rating: Summary: Support for Overcoming Your Stalled Thinking About Money Review: THIS BOOK IS FOR YOU if you are NOT confident about money, havemoney problems, or have bad feelings about your relationship tomoney. On the other hand, if you have lots of money and feel goodabout what you are doing, you will hate this book. This is a self-help guide more along the lines of UNLEASH THE POWER WITHIN than it is a financial guide. I appreciate the care and consideration Ms. Orman shows to her readers who may be suffering from emotional overwhelm (such as often occurs during a divorce, after a loved one dies, or while buying a first home). Her lists will probably help such people. Although money has a lot to do with math, Ms. Orman correctly perceives that it is all about emotion as well. Emotion and math do not mix well, and she provides many useful insights into how to make them work better together. A psychological counselor she is not, however. I suspect this book would have been better with two co-authors, one who is an expert on emotions about money and the other who is an expert on money. Ms. Orman is neither, so the treatment is pretty lightweight. But if it gets you started in dealing with your issues, all the better for you. The only part that seemed really inadequate was her writing off of tax issues: You will spend a lot of money on taxes in your life and your choices do have a large impact on how much you will spend. Her advice is to feel good about paying more taxes because your income is higher. By contrast, someone who really wants to be rich needs to compound as much money tax-free or tax-deferred as possible. This book does not begin to address that subject. THE COURAGE TO BE RICH is the better book for dealing with specific life traumas such as divorce, death, and so forth. This book would be a good gift to a friend who has such an event in his or her life. Her stories are good, because they bring home the message of how crippling emotion can be so we take the problem more seriously. I think the biggest misconception stall people have about money is that they do not need to address their feelings about money. In that sense, Ms. Orman is doing a lot for us by reminding us that we have deeply held beliefs and attitudes that deserve being reexamined from time to time. I enjoyed reading the book, although it only added to my knowledge through the stories she shared. Maybe the book's appeal for general audiences can best be understood by thinking about the experience of watching a tear-jerker of a movie or television show -- you get a great feeling from knowing that the cataclysm is not happening to you. END
Rating: Summary: Getting Started and Staying with Life's Financial Course Review: This is the Suzy Orman book everyone should read. She helps you deal with "unseen" issues about how you see and treat money (and how you see your worth). It helps you get into control of material things and plan for the future you select.
Rating: Summary: DEVELOP THE COURAGE, MOVE YOUR STALLS ASIDE! Review: This latest book by Suze Orman continues her wonderful advice combining how to feel positive about making and collecting lots of money with simple "how to" investment advice about things like the common mortgage and retirement plan. This book is especially good for people who have unique problems and need basic financial advice. Her greatest contribution is to make people realize that on an emotional level, it is okay to want to be rich and her exercises help us develop THE COURAGE TO BE RICH. It is not as easy as it sounds. The psychological side of us keeps putting up "stalls" to succeeding. We need to ask ourselves some tough questions to deal with how we feel, what needs to be done and to develop solutions that make us and everyone else better off. I recommend THE 2,000 PERCENT SOLUTION if you are interested in identifying your own "stalls" and want to start asking some of the tough questions. You will start to succeed in many new ways and at a much faster rate. Read both books to become so much more effective and develop the courage to accept the good things that come your way.
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