Research Catalog

Pound foolish : exposing the dark side of the personal finance industry /

Title
Pound foolish : exposing the dark side of the personal finance industry / Helaine Olen.
Author
Olen, Helaine.
Publication
[Rego Park] : Gildan Media Corp., 2013.
Electronic Resource
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Supplementary Content

Details

Additional Authors
Landon, Lyn.
Description
1 online resource (1 sound file (09 hr., 01 min., 14 sec.)) : digital
Subject
Genre/Form
  • Audiobooks.
  • Electronic audiobooks.
Note
  • Title from title details screen (viewed May 22, 2013).
ISBN
9781469024080
OCLC
844041829
Author
Olen, Helaine.
Title
Pound foolish : exposing the dark side of the personal finance industry / Helaine Olen.
Imprint
[Rego Park] : Gildan Media Corp., 2013.
Edition
Unabridged.
Playing Time
090114
Type of Content
spoken word
Type of Medium
computer
Type of Carrier
online resource
Performer
Read by Lyn Landon.
Summary
If you've ever bought a personal finance book, watched a TV show about stock picking, listened to a radio show about getting out of debt, or attended a seminar to help you plan for your retirement, you've probably heard some version of these quotes: "What's keeping you from being rich? In most cases, it is simply a lack of belief."--Suze Orman, The Courage to Be Rich. "Are you latte-ing away your financial future?"--David Bach, Smart Women Finish Rich. "I know you're capable of picking winning stocks and holding on to them." --Jim Cramer, Mad Money They're common refrains among personal finance gurus. There's just one problem: those and many similar statements are false. For the past few decades, Americans have spent billions of dollars on personal finance products. As salaries have stagnated and companies have cut back on benefits, we've taken matters into our own hands, embracing the can-do attitude that if we're smart enough, we can overcome even daunting financial obstacles. But that's not true. In this meticulously reported and shocking audiobook, journalist and former financial columnist Helaine Olen goes behind the curtain of the personal finance industry to expose the myths, contradictions, and outright lies it has perpetuated. She shows how an industry that started as a response to the Great Depression morphed into a behemoth that thrives by selling us products and services that offer little if any help. Olen calls out some of the biggest names in the business, revealing how even the most respected gurus have engaged in dubious, even deceitful, practices-- from accepting payments from banks and corporations in exchange for promoting certain products to blaming the victims of economic catastrophe for their own financial misfortune. Pound Foolish also disproves many myths about spending and saving. Weaving together original reporting, interviews with experts, and studies from disciplines ranging from behavioral economics to retirement planning, Pound Foolish is a compassionate and compelling audioook that will change the way we think and talk about our money.
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Added Author
Landon, Lyn.
Branch Call Number
eNYPL Audio
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