The Laws of Money, the Lessons of Life Keep What You Have Create What You Deserve By Suze Ormen

by Suze Orman

The Laws of Money, the Lessons of Life Keep What You Have Create What You Deserve By Suze Ormen

Genres: Finance, Nonfiction, Self Help, Money, Personal Finance, Audiobook, Business

Hardcover

First published February 1, 2003

About the author

Suze Orman (born Susan Lynn Orman) is an American financial advisor, writer, and television personality.

Reviews

[Michael · Rating 3 out of 5]

I always enjoy reading books about personal finance and find that I can pull little pieces from each financial adviser. This book was written in 2002-2003 and Suze mentioned that she disagrees with the whole 3-6 months worth of savings in case of an emergency. She actually feels it is better to have at least 8 months. Fantastic advice that no one would have known would be so true today. That is a lot of money for people to have in savings, but I imagine there have been several people in my neighborhood that would have wished they had that 8 months worth of savings. Time for me to start saving more.

[Ramy · Rating 3 out of 5]

الكتاب انتهى فعليا text book ب ذكر قوانين المال 5 قوانين من وجهة نظر سوزى اورمان
عند حوالى منتصفه 18-190 ص
اما باقى صفحات الكتاب workbook
فهى اختبارات او تمارين او ما يعرف ب
self-assessment

قوانين المال الخمسة هى:
1-الحقيقة تخلق المال و الاكاذيب تدمره
الفشخرة الكدابة وحشة هناك من يتمنظر على شريك محتمل فى زيجة او فى مشروع تجارى يتفشخر امامه او امامها ب عربية قد تكون مستأجرة ب عزومة ف مطعم قد تكلفه مرتب شهر ليعيش بقيته يستدين هناك من يتمنظر ب شراء ساعة قيمة و غالية فقط للايحاء فى كل من يقابله بقوة موقفه المالى هؤلاء من فى النهاية يكون عليهم قضايا شيكات او اعلان افلاس او او او او الامن و الاسهل ان تكون واضح مع نفسك و مع المجتمع و مع المقربين منك بشان موقفك المالى
2-انظر الى ما تملك الان لا الى ما كان لديك فى الماضى
توقف عن النظر فى المرآة الخلفية ..توقف عن الندم بخصوص ما كان معك و فقدته لانه ببساطة الندم لن يرجعه لك .....لا تكن مثل سليمان بك نجيب فى فيلم الانسة حنفى لما كان بيردد كل شوية "اه بس لو كنت اخدت الوصل" خسارة 100 الف ج مثلا و الندم عليها لن تعيدها ابدا لك و الادهى ان هناك من يندم على مكاسب كانت محتملة لم تأت فهو لا يندم فقط على الخسارة بل يندم ايضا على مكسبك محتمل لم يأت..هذا هو نمط مستثمر المرآة الخلفية ...فقط فكر فيما تملك فى اللحظة الحالية
3-افعل ما يناسبك قبل ان تفعل ما يناسب اموالك
باختصار لو معك نقود و مسعت ان الاستثمار الفلانى عالى الخطورة و كذلك عالى الربح فلا تستثمر فيه ان كنت من اصحاب النفسيات الضعيفة و القلوب الهشة .....لو كنت تحب الراحة و عدم التوتر فاقبل ب الاستثمارات البسيطة الاكيدة و لو حتى بربح بسيط ستكسب راحتك و ستكسب ربح بسيط خير لك من ان تخسر اعصابك و قد تكسب او لا تكسب الربح العالى المحتمل
4-استثمر فى الاشياء المعروفة قبل الاشياء غير المعروفة
مثال بسيط جدا كسبت فى من سيربح المليون مليون ج و تسكن فى شقة عليها اقساط لا تذهب و تضع كلا لمليون فى مشروع ما اسهم بورصة او عقارات او او او و انما الاولى ان تسدد بقية اقساط الشقة ..اقساط العربية و هكذا و حينما تكون آمن على السقف الذى يؤيك و مرتب احتياطى ل 8 اشهر مقدما حينها فقط استثمر الباقى فيما هو لم يكن معروف لك ..اذ انك قد انتهيت بالفعل مما هو معروف لك اقساط الشقة و السيارة
5- ليس للمال قوة او سلطة من تلقاء نفسه
ربى الهمنى قبل المال عقلا احافظ به عليه فلو كان المال فقط فسيضيع ب قلة عقلى ....تخيل حالك مليونير و مدمن هيروين مثلا هل تتوقع نفسك مليونيرا لوقت طويل مستقبلا ؟ غالبا لا ... المال مع شخص طائش العقل مزعزع الثقة ب نفسه و بقدراته او مع شخص معتقد دوما انه مغلل اليدين ... المال فى تلك الحالة ليس له قوة...الشخص من يمنح ماله القوة ....ببساطة لانه هو من اكتسبه و خلقه بتعبه من اللاشىء

الست فعلا تخاطبك عن مالك بطريقة نفسية و عقلية تحترم
و لكنها ليست طريقة عملية
نعم هناك بعض الخطوات و الطرق و لكنها طرق نسوية بسيطة
كتاب فى مجمله مفيد لو كان فقط 180-200 ورقة
بدون الداعى لل الورك بوك المدمج فيه

الكتاب القادم : كيف تصبح ثريا بطريقتك الخاصة

[Imjstgr8 · Rating 5 out of 5]

Took me awhile but I finished this book. There was a lot of information to decipher and weed through but I managed to do it. Inspite of all the info in the book, it was still pretty simple and straightforward, there was not a lot of financial jargon but mostly easy to understand language. These laws will help if you implement them into your life. I've already started.

[Dan · Rating 3 out of 5]

Good book with practical information on improving your finances and life. Suze bases her advice on some of the ten commandments and good common sense. Written in the early 2000's she did a pretty good job of predicting the real estate bubble burst and our current issues with the stock market.

[Jeff Adrian · Rating 5 out of 5]

Motivating! Helps you understand your own fear about money that you may not realize but is preventing you from reaching your true potential.

[Bernie4444 · Rating 5 out of 5]

Suze's most useful book to date

The main difference between this book and her previous books is that The laws of money are built on just that, universal truths that can hold up in any economy or environment, even unseen environments.

Each truth or law is a piece of the puzzle and together can help you "Keep What You Have and Create What you Deserve."
The laws that she will explain are:
1. Truth Creates Money, Lies Destroy It.
2. Look at What You Have, Not at What You Had.
3. Do What is Right for You "Before" you do What is Right for Your Money.
4. Invest in The Known "Before" the Unknown.
5. Always Remember: Money Has no Power of Its Own.
Two things this book is defiantly not. First, it is not an investment book however investment in people and your future is part of the book. Second, it is not a book for those who already have money. Most of the samples are of people who overspend or have been hit hard in their 401k's, and overextended credit.

Two-thirds of the pages are the actual text and the last third is a guidebook or forms to fill out and help you turn the theory into concrete reality. There are no fancy schemes here just good common sense. It is good to have a book to confirm what you probably already know. The book will encourage you to act instead of saying I know that.

I found only one flaw but a big one that distracts and tries to undermine the usefulness of the book. Suze's stories are determinist and almost sound like Gary Zukav. Because some person decides to have an unwise fling when he is out of a job, his house falls apart due to neglect, his car won't start due to disuse, and he loses a job opportunity absence. She is trying to say you take responsibility and make responsible choices. However, the same story could be that he stays home like a good boy to have the house fall in and break his leg; he makes it to his starting car and on the way to the hospital is hit by a drunk that breaks the other leg and he loses a job offer that requires him to walk.

The rest of the book is pretty useful advice with realistic numbers and some good Internet sites to visit.

[Navy heart HamlinNBCT · Rating 5 out of 5]

A today guru on finances-I reflected deeply on Suze's advice concerning technology, investments , relationships and investments in self! -She is funny, entertaining and an expert on mindful finances! Take for example her aspiring millionaire Bob- I love that she advised Bob to buy books, (obviously it keeps us ahead in the information grapevine ) and it made sense to encourage him to pay off his home (p.141.) Solid real estate over pipe dreaming fantasies! Although she was hackle-d for not advising Bob to invest in technology alone, her advice was sound and very profitable! -How many millionaires crashed after the dot.com bubble tanked? And do we need more tanked profiteers ? She echoed "The Motley Fool " in showing a balanced portfolio-Real Estate , Life Long Learning -Academic Escapades, Books, Programs, programmers, Actors, Fashion , Technology, Multi-Media, Security , Movies , Cable, Sports and music or some form of Art-
As a young single grandma who admires a young sassy financial expert I advocate reading her series -I loved her book-And her flair for leather and sustainable items-
Some intriguing questions-Would I retire early?
Never!!!!
Take equity out of my home-Never!!!
Would we...
Love our self-Yes!
Respect our self ! Yes!
Deserve other's love-Yes!
Deserve other's respect!-Yes!
Read page 174-Self Effort And Grace!
Sandra Hamlinnbct2018

[William Schram · Rating 3 out of 5]

Money is a difficult subject for many people. From investing in the wrong thing to having bad money habits, these are things that can be reversed. So says Suze Orman, the financial guru who went through her own battles with finances back in the day.

Now, my version of this book is published as “The Laws of Money,” but it was initially printed as “The Laws of Money, the Lessons of Life.” The book is somewhat dated in that it was printed in the early part of the new millennium, but as the book says, the advice is timeless.

I did not expect a Jesus fest in reading this book, but that is a bit of what I got. It read like a twelve step program. The Laws take their inspiration from the Ten Commandments. Faith permeates the pages of this book. Well, at least in the beginning. The fourth law has really good investment advice and talks about IRAs and other investment options. Although I can understand that faith is a large part of Orman’s life, it becomes a bit saccharine. The other half of the book is a workbook where you can write down your personal exercises with money and thinking back and so on. Since I don’t write in my books, that part will go unused.

The book was fine other than those parts about the commandments. It just felt like down-home folksy wisdom. I can give this a 3 out of 5.

[Marsha · Rating 5 out of 5]

This book by financial expert, Suze Orman basically has to do with the philosophy of money as she feels that a lot of how you deal with money is how you look at it and how it works for you in your life. She gave many examples. For instance, if you cannot afford a trip with friends, you need to say so. For if you go on the trip, because you think your friends might think badly of you if you don’t, then you can be putting yourself into unnecessary debt. So, being honest with yourself and being honest with your friends is important for you and your situation. Don’t buy that expensive car if you cannot afford it. Don’t invest in items you do not feel comfortable investing in. Do what is right for you. If you think you can afford to invest in stocks and not worry about it, you can research it and do the same. But, if it is going to make you lose sleep and you are not sure you can afford it, don’t do it. The philosophy of money and how one looks at it for themselves, can help one have a healthy financial life.

[Turbulent.Skies · Rating 3 out of 5]

I have been following Dave Ramsey's book Total Money Makeover, and knowledge is power. Suze Orman comes from a point of view where debt is your fault, and have to change your inner workings and mindset. Well, for the milennial generation of students we are in debt because of school, so not so much my inner self spending cash that I don't or could not afford. Dave Ramsey is better at tackling how to get out of debt, while Suze is better at tackling how to change your mind to NOT go into debt.

The book gives a few ideas on how to get out of consumer debt, which doesn't jive with the Ramsey idea. Overall, this book is OK if you want to gain knowledge of debt and coming out of it. But, I wouldn't waste my energy and time of doing her exercises and instead look at the Ramsey program, which has been more effective for me and my family.

[Thomas · Rating 4 out of 5]

Engaging audiobook, read by the author. One mild complaint - she did not need to make Bible analogies - it makes assumptions about the audience. When she quotes a Commandment number without details, that doesn't help a lot of listeners. She does have a lot of good stories about people who got themselves into financial trouble. Whether or not she is giving all of the right details leaves room for interpretation. Not enough positive examples where people have followed what she advised. To the book's credit, this audiobook was fairly old by the time we heard it (picked up at a library sale) - but it still has a lot of sound advice. She does a good job doing her own reading (often authors are not the best readers).

[Marilyn Shea · Rating 4 out of 5]

Really good advice, though I'm still wanting more information on how to afford repayment of my school loans--she only touched on this topic briefly. Pretty straightforward. Her examples predate the 2008 recession as this book was written before then. I feel like I have a list of things that I need to implement. She gives very firm advice with excellent reasons for it. Empowering.

[Georgi Nenov · Rating 5 out of 5]

I rarely find books with clearer messages than this one. Just recently, I have started looking into my financial situation and knowledge and I found it lacking. Therefore, I have started with this book. Yes, I have not implemented anything yet, but listening to Suze’s key principles and passion about them is sufficient for me to consider this book eye-opening. Thank you!

[Sarah Klein · Rating 2 out of 5]

Basic primer on how to approach money--a person's emotional relationship to money and how to put it in its proper perspective as a servant and not a driver in one's life. How to reduce debt, prioritize finances, make comfortable decisions about investments, basic steps toward planning for retirement. Workbook at back.

[202 unknown · Rating 3 out of 5]

sách của Suze sẽ được giải mâm xôi vàng từ mình

mình mua 4 quyển của Suze, bản dịch tiếng việt. thiệt tình k hiểu sao đem in cái này chi cho tốn giấy, vì toàn là những thứ bạn chỉ áp dụng được ở Mỹ khi xét đến chi tiết. tất nhiên có thể các quy tắc khái quát thì k sai, nhưng vậy là k đủ. và viết nhiều, viết dài, nhưng nội dung các sách có nhiều chỗ trùng lặp nhau.

[Barney · Rating 3 out of 5]

Good, sound financial advice. Although the book was written shortly after the dot-com bubble burst and that the events cited seemed dated, the lessons learned still apply today. The book did make me rethink certain financial moves I wish I had made when I had the chance. As much as I thought I will benefit from Suze's advice, I would not call this book a masterpiece by any means.

[Sasha Sierra · Rating 4 out of 5]

Not bad at all. Audiobook. Don't mind her voice. Just a generic self help book to kinda keep the motivation afloat to be financially responsible. Will likely also listen to her other audiobooks to continue the motivation.

[Isaac Clayton · Rating 4 out of 5]

1.Telling the Truth is important about Finances
2.Stop living in The Past with Debts and Money used
3.Do what is Right for you.
4.Research what you want to invest in and Create a savings Account.

[Dat Thai · Rating 5 out of 5]

Các nguyên tắc chạm đến đúng tim đen của mình, những thứ mình có thể ngờ ngợ đấy nhưng giờ được bà viết ra cụ thể.

Nhược điểm là một số thứ mang tính đặc thù ở Mỹ hơn là VN.

Nhưng nhìn chung, các nguyên tắc k thôi thì nó phù hợp với mọi người, nên mình vẫn vote 5 sao.

[Yasmine · Rating 4 out of 5]

I like how clearly Suze Orman lays out the laws of money and provides concrete examples. Like her book on women and money, this one can seem a bit simplistic and obvious. She does take good time to lay out exercises to bring home the points.

[Jessie · Rating 5 out of 5]

This book was superb. I heard the audio version and loved it because she spoke to the emotional aspects of finances. She explained terms without being demeaning or obtuse. The many stories she used to illustrate her points gave me comfort and hope even at age 65. I am already implementing changes.

[Emily Wood · Rating 4 out of 5]

I love her straightforward talk and I feel that she really does want us all to succeed.

[Graemme Boone · Rating 5 out of 5]

Excellent financial resource. I wish I had read it sooner. Great information! Easy to implement, if you are ready to make financial changes in your life.

[Ash Lanser · Rating 5 out of 5]

loved it. will re read it and play it for my kid. Of course, the book is tailored to Americans and the financial programs and products there. Principles are universal.

[Simon · Rating 3 out of 5]

Not a bad read on money. I like her style of writing and theories.

[Laura · Rating 4 out of 5]

I picked up this book because many of the women I respect (Oprah, Jillian Michaels...) hold Orman is such high esteem. And now I'm making big girl money, I wanted some solid advice on how to manage it to protect my family. I'm really glad I read it. The information in it wasn't super new (I've always been pretty good with my money), but it did give me different perspectives on why money makes people behave the way they do. The book is based on 5 laws of money and the version I have has a whole workbook going through each law. I would recommend this book to pretty much anyone, both those who have found themselves in trouble and those who have not.

[Krista · Rating 3 out of 5]

This was a very easy read, nothing technical! I read it in a day while i was watching a drill rig dig holes bored out of my mind! The basic thing that i learned was that when people are honest with themselves about their money situation they will stay out of trouble.

[Kyle · Rating 2 out of 5]

Well, I fit neither of the assumptions this book makes: I'm neither in financial trouble or a woman. If I had it'd probably be a better read. Nonetheless, she did have a few good idears that I'll be implementing.

[Susan · Rating 4 out of 5]

The five laws of money and how to apply them in my life were in this book. There is a workbook section in the back of the book. My finances are fairly simple, not a lot of stock investments, but the advice was still good and most of it applied to me.

[Greta · Rating 3 out of 5]

A combination of psychological evaluation (how we relate to money and how that impacts our financial decisions) and practical advice (knowing how you relate to money, what are some smart moves you can make to solidy your financial situation).