Another new book
February 21, 2013
Pound Foolish is a new book by Helaine Olen, which takes a look at various financial gurus in the popular press and on TV. She explores so-called personal finance “experts” like Dave Ramsay, Suze Orman and David Bach and finds them lacking in many ways. It strikes me that we lionize many of these self-promoting people without seriously looking at the advice they are peddling. Ms. Olen takes a critical eye to their advice and finds that they often don’t practice what they preach, that their systems often don’t work the way they’re supposed to and that their advice tends to benefit Wall Street more than the average reader. A tidbit: Suze Orman earns $80,000 for a speaking engagement. The author would contend that Ms. Orman’s advice is wildly overpriced.
View the book on Amazon
Misty Miller commented on Feb. 22, 2013:
She was just on the Daily Show. It was an interesting interview - http://www.thedailyshow.com/full-episodes/wed-february-20-2013-helaine-olen
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