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Home > Business & Economics > Finance & Accounting > Die Broke-eBook
Die Broke
by Pollan, Stephen
 
 
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Die Broke
From America's most trusted financial advisor comes a comprehensive guide to a new and utterly sane financial choice. In Die Broke, you'll learn that life is a game where the loser gives his money to Uncle Sam at the end. There are four steps to the process:

Quit Today

No, don't tell your boss to shove it...at least not out loud. But in your head accept that from this day on you're a free agent whose number one workplace priority is your personal bottom line.

Pay Cash

You should be as conscious of spending as you are of saving. Credit should be a rarely used tool for those few times (buying homes and cars) when paying cash is impossible.

Don't Retire

Your work life should be a journey up and down hills, rather than a climb up a sheer cliff that ends with a jump into the abyss.

Die Broke

It sounds terrifying, the one intolerable outcome to your financial life. And yet, in truth, dying broke might be your best option for a life without fear: fear of failure and privation now, fear of impoverishment in the long run.



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Title of ebook: Die Broke
ISBN: 9780061846977
parent-ISBN: 9780887309427
Publisher: HarperCollins e-books
Published: 01-2008
Released online for download: 01-08-2008
Author of eBook: Pollan, Stephen

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Die Broke

A Radical Four-Part Financial Plan

Chapter One

Die broke. Turn the phrase over in your mind. At first it sounds insane. Instinctively it's something to avoid at all costs, not something to pursue with a vengeance. It immediately conjures up images of Dickensian poverty; of Depression-era families having their mortgages foreclosed on by Lionel Barrymore. But fight off those instinctive responses and reflex images and think about it for a minute, really think about it.
What's wrong with dying broke? What good will money do you when you're dead? Isn't there something ironic about hoarding money for a time when you can't spend it? But what about your family, you worry; how will they get by? Well, why can't you take care of them when you're alive? Isn't it daft for them to have to wait for your death to be taken care of? Okay, you say, but what about those images of poverty the concept instantly brought to mind. You just can't shake them. Don't. In fact, look at them really closely. There's something very important about them you need to focus on. They're from the past.

Stop Liv ... read full excerpt from: Die Broke ebook



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