The 8 Qualities of a Wealthy Woman. Susie Orman's Advice?

Question

Yahoo ran this article on yesterday, the 12th of Feb. The supposed finance experts-most of whom are men-really bashed her article? I think it's a great bit of advice for both sexes. Men especially are notoriously terrible money people. My married friends's wives take care of all the money matters in their households? The men who claim to be finance experts are obviously not smart enought o see the subtle beauty of her feng shui advice!! Ayone else have any thoughts on this?

Answer 1

I have not read the book as of yet, but in general, she gives ok to fair advice to the masses. She is a great marketer. Much of her advice is sound, but I dont think it applies to the majority of people. She tells people that its good for all, but I dont think that is good to say, since we all have special & different circumstances.

Answer 2

Susie's falling into the same trap that a lot of successful financial marketers eventually end up falling into which is that in order to continue to increase her corporation's income (yes she is a corporation) she needs to continually find new ways to get the general public's attention in order to sell more "stuff". At this point Susie is a better marketer than she is a financial advisor and she knew very well by making comments like she did that she would get peoples attention which is what marketing is all about. The bottom line is that there's only one book that anyone needs to read on personal financial management and that's...."The Millionaire Next Door" by Thomas J. Stanley and William D. Danko. Everything else is just the same regurgitated stuff packaged a little differently and a waste of time and money.

Answer 3

Her article, like your comment above are full of sexist comments. "Men especially are notoriously terrible money people?"

It is not that men or woman are worse at handling finances. Across the board, there are many people who don't know how to handle finances simply because:
1. They were never taught how to
2. They don't feel comfortable asking someone
3. They don't bother going to the library to pick up some useful books on the subject.

When it comes to married couples, there is almost no excuse for the couples to not be making financial decisions together. What if either the husband or wife died the next week? Would the other spouse know what to do to take care of him/herself plus the children?

I respect Suze Orman, but I have never liked her. She is too high on a pedestal to be expounding her cliche-ridden finance theories as a tool to keep her career going forward in the spotlight.

"Subtle beauty of her Feng Shui advice?" Are you serious?

Answer 4

Susie Orman as the rest of the comments have stated is a great marketer and I find her advice to be on par with most other television financial advisors. I wouldn't say she was an amazing advisor but decent advice to the masses. Nor do I believe that one sex or the other is better at controlling their finances. In my opinion its all about education and application of this education. In the end advice is like an opinion, everyone has one.