The Money Class: Learn To Create Your New American Dream (2011) - Plot & Excerpts
Good advice from Suze Orman, as always. However, her theme (of the crashed economy and the "dead" American dream - the old one anyway) was depressing and she flogged it like a dead horse. Plus some chapters were very very confusing - I get that the topics are complicated, but sometimes she left me with action items that seemed meaningful, and other times not so much. She basically admits to hating to write the book, and I think her attitude affected the final product. I'm sure she had to deal with all of the many idiots who immolated their financial futures in the market crash, and being surrounded by that seems to have thrown her into a funk. I DID learn a lot, just not packaged in her usual friendly, palatable way. The Money Class is packed with helpful information everybody needs—info it seems that most people don't have. I hope people will read books like this and educate themselves. Our retirements are not going to be like our grandparents, because most of us don't have pensions. We have to be engaged in the process, think ahead, understand how retirement accounts work, what investments to choose, and how much to put in. We need to give our children financial education opportunities from an early age so they will walk out into the world prepared to succeed. We need to talk regularly about money with our parents, partners, and children, and get real about making informed, responsible, compassionate decisions and asking them (and helping them) to do the same.School didn't teach me these things, and neither did my family. I'm guessing it's the same for most of you. Many of us don't know how to financially succeed, or we're afraid that thinking about money means we are greedy—and I think this helps to perpetuate the cycle of the 1% getting all the money, and the 99% giving it to them. If you want to be financially educated, and be an example to those you care about so they can be informed and live a more truthful and fulfilling life, then I recommend you read this book!
What do You think about The Money Class: Learn To Create Your New American Dream (2011)?
Very basic. Done interesting facts, but overall underwhelming and extremely helpful.
—jaycat33
A sober look at how to rethink your personal finances in the post-crash economy.
—krystabellah