A One-on-One Financial Planning Session with Suze Orman
With her New York Times bestseller The 9 Steps to Financial Freedom , America’s leading financial expert Suze Orman transformed the concept of money forever by teaching us to recognize the emotional aspects of our relationship with it. Now, this fully revised edition of Suze Orman’s Financial Guidebook translates Suze’s own brand of motivation and inspiration into a user-friendly, hands-on workbook that will empower you to work through the nuts and bolts of personal finance, with Suze as your trusted adviser.
Updated to keep you abreast of our quickly shifting economy, you’ll
• Insightful exercises, quizzes, and worksheets to help you understand how your parents’ relationship with money affects yours, and what money means to you
• Up-to-the-minute information on tax codes, IRA rules and regulations, and long-term-care insurance
• Useful strategies for coping with the ever-changing landscape of educational costs, social security, and the stock market
• An outline of key questions that every financial adviser should ask you upon your initial meeting
• An in-depth analysis of all your monthly expenses, providing a realistic picture of just how much money you have to work with and how you may not be respecting your money as much as you should
Regardless of your age and income, it is never too early or too late to take control of your money. Suze Orman’s Financial Guidebook is the perfect companion to The 9 Steps to Financial Freedom , the personal finance classic that changed the way millions of Americans viewed money. Full of self-tests, thought-provoking questions, and Suze’s easy-to-understand personal finance advice, here is your empowering approach to achieving financial freedom forever, with the best guide possible.
A typical Susie Orman book, however I like that it is laid out in a workbook..In the past, I tended to be drawn towards her books, but have now found them to be kind of repetative. This work book was a nice change of pace.
I bought this book about 15 years ago and never really got further than step 4 (I probably read it but I didn’t do the practical steps) The first few steps are more around believed and mindset which are important to work through step 3/4 are the more practical budgets and figuring out what you are spending on which was the stumbling block in the past - just that it takes a while to put that all together and by then the book is under a pile… anyway this year it found its way out of that pile in a clean out and the timing was just right as I really needed to revise and upgrade my financial skills. Such a lovely book. I realise that over the years I had implemented most of the advice in the book - a few new challenges towards the back in the last few steps. And obviously the last step is reframing those belief’s that sustain you through your financial ups and downs. A great book with lots of practical exercises - well worth reading even if you don’t get to all the practical aspects they will linger in the subconscious and one day you’ll wake up and be able to tick most of those boxes 😊
A good beginner level personal finance book, especially for those who have a difficult relationship with money (e.g. avoiding the topic altogether or feeling very angsty about it). People who already have a good understanding for personal finance and a positive relationship with money might not find this book overly helpful.
I'm finishing this guidebook. I watched the PBS special on the book that inspired the guide and even if you don't read the "9 Steps to Financial Freedom" this guide will help you get yourself organized and honest about money. I found the activities helpful in getting to the root about money beliefs. Also, a must is to do the activity "Being Honest with Yourself" chapter and figuring out how much money is really going out? Suze provides the reader with a great chart to figure out annual and monthly expenses. A great buy if you can afford or if you are a library user like myself spend a dollar or two on copying some of her great organizers.
Think of this as the "cliff notes" for Suze's last book. I read this in about a day and a half, and it was actually the same material from the book, just with all of the fat trimmed out, which probably required little effort from Suze to publish. This, however, is not necessarily a bad thing. I can see coming back to this one over and over to review at different stages in your life. I already was able to recognize some new details that I glazed over on the last go around, and I think it's a great idea to revisit things like this every once in a while to keep financially fit.
If you are the type of person that doesn't mind verbalizing mantras in a mirror and keeping a journal Bart Simpson style than this book is for you. The first half of it is about identifying your financial errors and beating yourself up about them by saying daily mantras. The second part of the book is actually informational and has some good tips in it. If you don't have a lot of time to spend reading, skim this book and get to the cream at the end.