Die Broke: A Radical Four-Part Financial Plan (USED)

Description: Product Description : Die Broke: A Radical Four-Part Financial Plan Exit Life as You Came in It PennilessAnd Other Heretical Hints For Living Well In The New Economic AgeIf you dont read this book youre going to die stupid Dr Laura SchlessingerThe Baby Boomers are a generation of achievers They earned college and professional degrees and are scampering up the corporate ladder or starting entrepreneurial enterprises that boost their egos and their bank accounts They buy sensible starter homes and plan to parley them into impressive dream houses through smart real estate deals all the while deftly juggling their home family and business lives If two incomes dont cover all lifes necessities and necessary luxuries their credit cards serve as readily available genies to make wishes reality If their ultimate rewards have always been clear an early and comfortable retirement and a healthy estate to leave for the children why are they now facing the future with fear and trepidationIn Die Broke A Radical FourPart Financial Plan HarperBusiness November 1997 2500 financial advisers Stephen M Pollan and Mark Levine explain the economic realities that have rendered the old rules obsolete and offer an innovative approach to financial planning that focuses on getting the maximum use out of your income and your assets during your lifetime and renouncing the foolish and futile quest for financial immortality From the startling recommendation quit now to the heretical die broke Pollan lays out the details of a complete financial revolutionViewing yourself and your work as one Pollan writes is a tremendous financial and emotional risk To prove that the SelfFulfillment Ethic and the false belief in careers must give way to a new work ethic Pollan cites a ready role model the professional athlete Free agents in the sports world know their tenure with any team is temporary and concentrate on getting the best financial deal they can Adopting their attitude is the key for anyone who doesnt want to remain on the sidelines in the next century Pollan advises that work is not a holistic pursuit The only way to increase satisfaction andor income is to job hop with a constant eye toward a work setting that will increase skills and therefore marketability and improve quality of life with immediate advantages like premium health insurance company day care parental leave and telecommuting and flex time options Long term benefits like pension plans Pollan reminds readers are worthless Most of you will be fired long before you are fully vestedWhat else is keeping people locked in the 20th century Two little pieces of plastic ATM cards and credit cards The convenience is irresistible the costs are mindboggling Offering a strong dose of reality Pollan insists that spending should be difficult and uncomfortable You must resolve to no longer reach beyond your grasp If you dont have the cash on hand or in your checking account to buy something dont buy itPollan issues an equally important warning about the biggest purchase most people make in their lives real estate Homeownership remains an excellent tax shelter and a desirable form of enforced savings that can help generate income in later years But with the unpredictability of the real estate market the benefits of serial ownership or trading up have become less likely Pollans solution is to save your money until you can buy your second home first by purchasing a residence that is large enough to accommodate a growing family aging parents and even a home business in short a home designed for a lifetimeAlong with demanding a new perspective on work credit and real estate the new economic age lays to rest the American dream of retirement Not only are traditional sources of retirement money government assistance and private pensions drying up but people have discovered that longterm leisure isnt all its cracked up to be Pollan encourages( it is an used product )

Price: 11.39 USD

Location: Houston, Texas

End Time: 2025-01-10T09:00:23.000Z

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