Suze Orman's Action Plan: New Rules for New Times Review

Suze Orman's Action Plan: New Rules for New Times
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Suze Orman has always offered exceptionally sound financial advice based on personal accountability and moderation. The New Rules for New Times stays true to this message by providing an abundance of strategies for a large assortment of potential financial issues.
The format of the book is very straight forward, containing descriptions of financial situations followed by immediate action plans. This approach permits one to immediately focus on those areas that are most personally relevant. Suze also includes a chapter on introducing finance to children that any parent should be aware of. If this book is your only introduction to Suze Orman, you will be served well.
I have always considered Suze's advice indispensible and a representation of the best from the financial community; however, I question the need for this book on the basis that her message has been made clear in past books. I read this book earnestly looking for something new and discovered only a rehashing of the same message she has always given; leaving me wondering if her desire to sell another book trumped her ability to produce new content.
The book begins with the statement that "the financial hurricane has passed", leading with the notion that we now need new rules. Yet have Suze's rules not always been sound? Does Suze believe her rules regarding accountability, moderation, and respect for risk, rules that have been the cornerstone of her financial advice for years, suddenly now requires upgrading? The realty is her advice is as sound today as it was ten years ago, yet the implication is that we now need a new book with new rules.
Orman's look back on recent events and financial turmoil has supposedly given her a new outlook; yet what does this say of her foresight? If Suze can be certain that the worst of the financial turmoil is behind us now, why was she completely blindsided like nearly all of us when the market turned just two years ago? If she was unable to anticipate the dangers then, why would we have confidence in her assertion that there is smoother sailing ahead?

The reality is Suze's message doesn't need updating and she doesn't need to offer anything new, she simply needs to remind people of why her guidance is sound. Perhaps this approach might not sell as many books but it is a message that is better suited to serve readers than just reprinting the same general material with a different cover year after year.

I really believe Suze Orman and her financial guidance is a huge benefit to society, but this book is just not worthwhile. The reality is Suze Orman deserves glowing reviews for her work in financial community, but I would avoid this book and seek out one of Orman's core books such as the Suze Orman Financial Guidebook.


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