Summary of The Laws of Money, The Lessons of Life

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The Laws of Money, The Lessons of Life book summary
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Rating

9 Overall

10 Applicability

8 Innovation

9 Style

Recommendation

Amid the slew of personal finance books on the market, Suze Orman’s unique approach stands out. Although she has more than 20 years of financial experience and expertise, her books don’t merely dispense advice from on high. Her monetary rules may be universal and timeless, but she describes them with the sympathetic voice of a best friend. Written in the aftermath of the collapse of the Internet bubble, her latest advice book aims to comfort shell-shocked investors who are facing huge losses. Orman’s primary tactic is to remind readers that money is a means to an end, not an end in itself, and that decisions about money take place in a larger personal and spiritual context. To that end, a helpful workbook is included. getAbstract.com recommends this book to anyone who is wary of making financial decisions in today’s unsettling market environment, as well as to those looking to sort out their financial priorities.

In this summary, you will learn

  • The five laws of money; and
  • How to apply these laws to your life no matter what the state of your finances.
 

About the Author

Suze Orman is the author of several best-selling books, the personal finance editor on CNBC, the host of The Suze Orman Show and a contributing editor to O The Oprah Magazine. Worth magazine listed her among those who have "revolutionized the way America thinks about money."

 

Summary

Why the Laws of Money Are Important
In the late 1990s, the Internet stock-market boom made millionaires out of many ordinary investors. When that bubble burst, some of them were back to square one, and many more had lost much of their savings. If you are stunned by present financial difficulties...

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