The Money Plan: Creating Personal Wealth for a Secure Future

by Steven J. Lee

The Money Plan is exactly as the title has it: a PLAN that describes specific, conservative strategies that worked to create significant wealth for the author over the last twenty-five years. The reader learns and follows in a generally safe and secure path. As Lee states, “This Plan is not the only way to accumulate and manage wealth. Other financial people have different notions that may also be successful. But I have never seen their methods clearly presented step-by-step on paper. In this respect, The Money Plan is unique.” The Plan is drawn from Lee’s personal experience, and delivered from that perspective. “It has been nearly four decades since I first entered the workaday world and decided to accumulate enough wealth to ride out any financial storm, retire earlier than most people, and leave enough of an estate to assure some security to my future family. In that time, two things have been proven beyond any doubt. First, there are rules which make it easier to gain success and compensation. And second, you have to formulate and carry out a specific Plan based on sound reasoning and safety.” The Money Plan covers the entire spectrum of financial behaviors and investments in a progressive, logical fashion, from savings accounts and CDs to Exchange Traded Funds. Sidebars call out tested software and Internet resources as well as particular tips.  

284 pages, Hardcover

First published June 1, 2011

About the author

Steven J. Lee has lived The Money Plan. He currently runs a $40 million private investment fund through SL Consultants Group, Inc. In 2007, the medical company he founded in 1990, and headed for 13 years, was sold for $1.5 billion to a major corporation. During his career he has built and sold several other companies in technology and bio-technology, and also serves of President of two venture funds. He holds a Bachelor’s degree cum laude from Lehigh University (where he was a Trustee), a law degree from Fordham University, and an MBA from The Wharton School at the University of Pennsylvania.

Mr. Lee’s previous six books and articles on investments deal with mergers and acquisitions, real estate, and venture capital. He is married, has two adult children who are professionals, and makes his home in Florida. Mr. Lee planned this book to be used in conjunction with the additional information on an interactive website at www.themoneyplanbook.com.

Reviews

[Rob · Rating 3 out of 5]

This was a free First Reads book that I won through Goodreads. Overall, this was a really good read and helpful to me. The first half of the book dealt with saving money, and the second half dealt with investing money. Most of the book is in layman's terms, so the average reader who is looking to save and/or invest can understand the concepts and apply them to his/her financial situation.

[Deborah · Rating 3 out of 5]

I think I'm not going to finish this one. It has good information, but it reads like a text book and it's aimed at people who are younger and make much more money than I do.

I won this book through the goodreads first-reads program.

[Lulu]

I won this book from the first reads giveaways and I am so excited to read it. Thanks.

[Garen Corbett · Rating 5 out of 5]

Inciteful, easy to read book full of great ideas and smart advice.

[Destiny Esper · Rating 3 out of 5]

This was a free First Reads book that I won through Goodreads. Overall, this book was pretty helpful. There were some things that I thought were common sense, but maybe they're not. I think that this book is great for people in need of financial planning assistance.