The pleasure of saving is what makes your dreams possible saving gives you happiness and peace of mind through finding security, hope and opportunity, says Orman. Learn to get the same pleasure from saving that you feel when spending. Take a penetrating look at the dividing line between what you want and what you really need-even if that means reconsidering where you live, where your kids attend school, or the age of the car you drive. To reach and maintain your life goals, you need to live below your means or you will not be able to fund your dreams. Live below your means but within your needs. Orman calls paying with cash the “foundation of all truthful living.” Using cash-bills or a debit card-helps eliminate the temptation to spend more than you can truly afford. This personal accounting, Orman says, provides a critical foundation of honesty on which to build future dreams.Įmbrace the power of cash. Learn to “s tand in your truth.” Begin with a painfully honest, clear-eyed stocktaking of your personal finances as well as your dreams for the future. Here are a few important lessons covered in The Money Class that Orman believes will help readers survive-and ultimately thrive-in our altered economic landscape: Arguing that the old American Dream is officially over, Orman advises readers to “stand in their truth” by embracing important, if harsh, realities if they wish to create their own version of the new American Dream.
Financial guru, TV personality and motivational speaker Suze Orman has written numerous best-selling books on money management, yet never with the urgency apparent in her 10th book, The Money Class.
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