Top critical review
I wanted to love this book
Reviewed in the United States on February 20, 2014
I so wanted to love this book. I have read many books on personal finance over the past year and several of them affected me deeply... made me see things in a different way; gave me concrete ideas for how to do things better. I found this book to be mainly theory and rhetoric; Suze reminds us over and over again that the American Dream as we knew it simply doesn't exist anymore. She extols us time and again to "stand in our truth." She touches on the importance of having good life insurance, and on diversifying our investments. She agrees that we need to spend less, to budget better. But where was the class on actually budgeting better? On how to focus our efforts on effectively paying down our debt? She is emphatic on the concept of an 8-month emergency fund... how does one manage that if one doesn't know how to manage his or her money in the first place? If you are looking for concrete advice and ideas for real personal money management, especially if you are struggling, I suggest books by Mary Hunt and Dave Ramsey. Mary's idea of instituting a "freedom fund" for anticipatable but irregular expenses (such as auto maintenance/repair, clothing, etc.) was life changing for me. Dave's "debt snowball" is a proactive and effective strategy for paying down debt. Suze's Money Class left me wondering why I bought her book in the first place.