I got to know who Suze Orman was many many years ago while I was still living in Canada. Her show ” The Suze Orman Show” was such a big hit back then. Her quote “people first, then money, then things” still rings a bell even to this moment. At the time, I had a very poor understanding of what financial literacy meant but was, very very passionate about becoming financially independent. Having said that, I think becoming wealthy is a common goal human beings share. And by the way, if you do look around, those that have achieved this goal have a bigger pool of options, Options that have made their lives an inspiration.
On the flip side of that coin though, some believe that having a lot of cash in your wallet doesn’t always equate to living a prosperous life. Just as we have always heard that ” money doesn’t buy happiness.” Some believe this ideology resonates with their set of values. But, whether this set of values is up for debate or not, I think it’s fair to say that money can be a powerful tool that helps us make the best of this short life.
Well, the financial advisor, Suze Orman believes she has the answer for those striving to become financially independent. Her audience has always been graduates in their twenties and thirties. Also named “Generation Debt” and “Generation Broke”
Each chapter opens with a few pages of explanation and advice, followed by specific questions and answers. The advice given is great for those who are starting on the journey of becoming financially independent. It’s a book I highly recommend.
Some of the chapters I found of great value include
- FICO score
- student debt
- money and relationships
I believe the bottom line is, we all have a different way in which we deal with money. Some of us save more, some spend more while others are in between. This I believe, has a lot to do with our values and how we were raised as children. This is a paradigm that our culture uses to frame differences in the way people deal with money.
That said, I believe those that are exposed to the right set of values, values that foster financial freedom are more likely to succeed.