9781469024073
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Pound Foolish audiobook

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Pound Foolish Audiobook Summary

If you’ve ever bought a personal finance book, watched a TV show about stock picking, listened to a radio show about getting out of debt, or attended a seminar to help you plan for your retirement, you’ve probably heard some version of these quotes:

“What’s keeping you from being rich? In most cases, it is simply a lack of belief.” -SUZE ORMAN, The Courage to Be Rich
“Are you latte-ing away your financial future?” -DAVID BACH, Smart Women Finish Rich
“I know you’re capable of picking winning stocks and holding on to them.” -JIM CRAMER, Mad Money

They’re common refrains among personal finance gurus. There’s just one problem: those and many similar statements are false.

For the past few decades, Americans have spent billions of dollars on personal finance products. As salaries have stagnated and companies have cut back on benefits, we’ve taken matters into our own hands, embracing the can-do attitude that if we’re smart enough, we can overcome even daunting financial obstacles. But that’s not true.

In this meticulously reported and shocking audiobook, journalist and former financial columnist Helaine Olen goes behind the curtain of the personal finance industry to expose the myths, contradictions, and outright lies it has perpetuated. She shows how an industry that started as a response to the Great Depression morphed into a behemoth that thrives by selling us products and services that offer little if any help.

Olen calls out some of the biggest names in the business, revealing how even the most respected gurus have engaged in dubious, even deceitful, practices-from accepting payments from banks and corporations in exchange for promoting certain prod­ucts to blaming the victims of economic catastrophe for their own financial misfortune. Pound Foolish also disproves many myths about spending and saving.

Weaving together original reporting, interviews with experts, and studies from disciplines ranging from behavioral economics to retirement planning, Pound Foolish is a compassionate and compelling audioook that will change the way we think and talk about our money.

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About the Author(s) of Pound Foolish

Helaine Olen is the author of Pound Foolish

More From the Same

Pound Foolish Full Details

Length 9 hours 1 minutes
Author Helaine Olen
Category
Publisher Ascent Audio
Release date February 19, 2013
ISBN 9781469024073

Subjects

The publisher of the Pound Foolish is Ascent Audio. includes the following subjects: Business & Economics, Corporate Finance The BISAC Subject Code is Business & Economics, Corporate Finance

Additional info

The publisher of the Pound Foolish is Ascent Audio. The imprint is Ascent Audio. It is supplied by Ascent Audio. The ISBN-13 is 9781469024073.

Global Availability

This book is only available in the United States.

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