Wednesday, May 15, 2019

Suzeoman's Action Plan - New Rules for the New Era - Review

I don't know about you, but after the 07-08 market crash, I didn't look for a lot of wisdom about how to save and invest correctly. What I am looking for is a way to make money.

The back cover of Suze Orman, from

Action Plan: New Rules for the New Era
from

 He said: "The times have changed and the rules have changed, but financial security is still the goal. I look forward to opening the cover and instructing a reliable way to make more money.

The frustrating thing about Suze Orman's book, as well as many other personal finances, self-help books, bookshelves, is that it doesn't help guide me to any reliable, hands-on way to actually make more money. Obviously, Su Ze will say that the purpose of this book is certainly not correct. I hope there Yes The book on the shelf is written like this: "Go and do it, you will make a lot of money!"

despite this, from

action plan
from

 Doing a good job of identifying important points of adaptation to the "new era" clearly refers to the new "economic" era. The whole book is based on commitment, the most important goal is to get rid of debt and rebuild savings. The last chapter, "Children and Money," very appropriately encourages us to teach our children good economic habits to prevent them from experiencing the pain of our own purchases by not paying attention to the basic rules of personal finance.

action plan from

 Address existing legislation on savings instruments, 401K and IRA exits, and other savings and investment strategies. It provides a good explanation of FICO practices and how they affect our credit rating; provides some reasonable advice on how to set up a retirement plan; tell us what to do if we are retired or close to retirement. Its unemployment strategy revolves around "finding the best, but preparing for the worst."

There are three general rules in the recommendations in the action plan: the new rules of the new era:

  • "Let the past go." Watch out for the road ahead. As long as we continue to persist in the past, we cannot move forward.
  • "Moderate plan." Live within our means. We should look forward to the financial roller coaster in the next four to five years.
  • "Respect for risk." No one asked "What is the risk before the bubble bursts?" As the new economy develops, the situation has changed and we need to understand more about the exit strategy.

Unsurprisingly, from

Action Plan - New Rules for the New Era
from

 There is no quick solution. If this is the case, we will not believe it anyway. There is no quick solution. The most important thing is that "there are bad times and good times. History tells us that good times will outweigh bad things over time." Each of us should take the necessary measures to ensure our own financial security.

Suze Orman correctly reminds us that we are worried that our future will not solve any problems. Take the appropriate action will be.




Orignal From: Suzeoman's Action Plan - New Rules for the New Era - Review

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