Suze Orman - The 9 Steps to Financial Freedom
Suze Orman's seminar-format video offers a financial pep talk to accompany her book of the same title. Though a good deal of her nine steps are nothing new or revolutionary--plan for the future, cut your credit-card debt, organize your estate, respect money, and take charge of your own money--she makes a few noteworthy points. Using psychology to flush out attitudes about money, she asks the members of her audience to think about their earliest memories of money and how it shapes their relationship with it now. She recognizes the feelings of shame and guilt associated with money and tells us to get over it--that these feelings are the very ones that paralyze our path to financial freedom. Her basic formula of financial freedom seems difficult to achieve since it requires us to factor in self-esteem, organization, dedication, and feelings of entitlement. She also feels strongly that "stating your goal will make it happen, no matter how impossible it seems," which is reminiscent of the psychology behind the "Little Engine That Could"--a bit simplistic when it comes to the complicated but still accessible world of finances. Orman's target audience is both one that needs a financial pep talk and one that isn't necessarily well versed in financial jargon. A person of any age can find something useful in her helpful, if urgent-sounding, reminders. She uses some statistical scare tactics--such as mentioning that one in three people over the age of 65 will end up in a nursing home, so you'd better get long-term care insurance--to drive her points home but then buffers them with an "everything happens for the best" and "your self-worth is more important than your net worth"-type philosophy. Orman ends the lecture with an enlightening question-and-answer session that elaborates on points not covered by her speech, such as how to find a good financial planner and the differences between retirement funds. Those looking for a specific formula to financial freedom may have to look elsewhere, as Suze Orman's philosophy is that we ourselves can and should be our own best financial advisors since we know ourselves better than any financial writer or planner ever could. --Gilia Angell
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Last updated: December 2, 2009, 6:30 am
Suze Orman - The 9 Steps to Financial Freedom Customer reviews:
Average Rating: 4.0 Total Reviews: 227
(Xenocrates, 2009-07-30) As a leader in mainstream financial advice, Suzie Orman has become successful by providing intelligent financial advice that works. Orman is a proponent of financial accountability and sound money management declaring that financial freedom begins with the way you think, not in a financial planner's office. The 9 Steps to Financial Freedom include incorporating the proper mindset as well as tips on managing money, investing, and setting up proper wills, trusts, and insurance plans. Orman writes in a friendly manner making her content enjoyable and easy to read. She provides an abundance of real world examples to support her principles, and more than enough content to provide anyone financial stability. I highly recommend The 9 Steps for a better understudying of how to strengthen one's finances and plan properly for the future.
(Kyo Takahashi, 2009-05-27) Suze Orman's advise is good for younger people. Yes, this is a good book. I wish I had read it when I was 20s or even 30s. A Passage Through SEVEN LIVES: The Pacific War LegacyWell documented with many illustrations, and many heart warming (and heartbreaking as well) stories. Whimsically Grotesque: Selected writings of Lafcadio Hearn in the Cincinnati Enquirer, 1872~1875 Lafcadio Hearn was a prolific and prominent writer of the late 19th Century. In 1889, Hearn was sent to Japan on the assignment for Harper's Monthly. He fell love with Japan, married a Japanese woman, and took name Koizumi Yakumo. He is best known worldwide for his collection of Japanese Ghost stories... Kwaidan.
(Helen Christopher, 2009-05-25) suze orman is excellent, although this book includes many usa based industries and regulations, we can all pick up something from this book and adapt it to our lifestyle. Thanks suze for enlisting confidence in all of us through your lateral and organised thinking.
(Jacine, 2009-05-14) I am a fan of Suze Orman and her straightforward approach to money management. The book offers many already-known ideas but with a little more depth. Sometimes just seeing these ideas in print will give you the jump start you need to review your situation and make necessary changes.
(P. Mckee, 2009-01-12) I've read the book, did all the exercises, and started my journey to a wealthier life. Suzie is just as motivational in her books as she is on TV. Must have book to read and own.