Product Details

• Amazon Sales Rank: #112999 in Books
• Published on: 2001-09-28
• Number of items: 1
• Binding: Hardcover
• 112 pages

Customer Reviews

Correcting Costly False Beliefs!
My friends who are financial planners tell me that they never meet anyone who does not know the right answer about what they should be doing with their money, but yet no one of these people acts on what they know.

The author, financial planner Ms. Suze Orman, seems to be reflecting this perspective as she asks a series of probing questions about what your mental associations to money are. These questions are designed to help you free yourself from harmful associations that may be sabotaging your current thinking. For example, some people associate having money with loss of love (such as through seeing their parents divorce after one parent became much more financially successful).

If you find yourself not acting on what you know that you need to do, you should buy, read, and change your thinking based on the questions in this book. This will be a five star book for you.

If you already think you know lots about money and always do more or less the right thing, you need a different book (one that focuses on advanced techniques that you do not already know). This book will be a one star book for you, and I suggest that you avoid it.

If you have to choose between The 9 Steps to Financial Freedom and The Courage to Be Rich (Ms. Orman's newest book), I would strongly advise you to read this one because it is a much better and more helpful book. You can read my comments on The Courage to Be Rich if you are interested.

In any case, if you have ideas about money that make you uncomfortable, this is a good book to start with. Then you can graduate to books that will teach you more about WHAT TO DO NEXT. I think that you will find Rich Dad, Poor Dad to be very helpful.

Have fun and be more comfortable! This can be a 2,000 percent solution for you (getting 20 times the results you get now -- since almost all investors do much more poorly than the S&P 500 over any 10 year period of time). In fact, did you know that an estimated 80 percent of day traders lose money? Did you know that 95 percent of commodities traders lose money? There must be some pretty powerful false beliefs that cause people to undergo so much turmoil to befcome poorer.

If you want to learn about the stock market, start with John Bogle's Common Sense on Mutual Funds.

Just what I needed!
This book is just what I needed to face up to my financial circumstances. Although some of the advice is only relevent in detail to the USA, the vast bulk of the discussion and practical tips really help to get to grips with your finances - and even quite enjoy it! It doesn't just get you to look at your money either - this book encourages and enables you to think about your attitudes towards money and where they come from. It has triggered some soul searching, and the beginnings of change in my financial life.