A One-on-One Financial Planning Session with Suze Orman.
With her national bestseller The 9 Steps to Financial Freedom , Suze Orman launched a personal finance revolution—transforming the concept of money for the millions of people across the world who have embraced her message of understanding the psychology involved in our relationship with money. Now, with Suze Orman’s Financial Guidebook, you have all the tools you need to put the 9 steps to work for you.
Reading Suze Orman’s Financial Guidebook is like having a one-on-one financial planning session with Suze herself. Full of self-tests, thought-provoking questions, and Suze’s own brand of personal finance advice, it will encourage everyone, no matter what their income, to rethink their approach to money. Included in this informative guidebook
* The “Money Messages” A series of insightful questions about your childhood interaction with money, as well as your parents’ approach to finances * The “How Much Is Going Out” An in-depth analysis of all your monthly expenses, providing a realistic picture of just how much money you have to work with * The Long-Term-Care A checklist of questions you should be sure to ask if you are considering purchasing long-term-care insurance * The Financial Advisor Information An outline of key questions that every financial advisor should ask you upon your initial meeting * The Generosity and Cheapskate A revealing exercise that helps determine your attitude toward giving and spending money
Whether you have read all of Suze Orman’s bestselling books or you are just discovering her as the leading voice in personal finance, Suze Orman’s Financial Guidebook is an essential step in gaining control of your money—so your money doesn’t have control of you.
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.