Product Description

After her terrific success revealing the mistakes women make that sabotage their careers, Dr. Lois P. Frankel is back to reveal the 75 mistakes women make that prevent them from achieving financial success. From executive to entry level, single to married, every woman needs to know the subconscious behavior that prevents her from developing a healthy and successful relationship with money--from depending on men for financial advice or support to a reluctance for negotiating. Frankel offers help in recognizing these self- defeating behaviors--as well as financial and investment advice and tips to help women claim wealth and riches.

Product Details

• Amazon Sales Rank: #280442 in Books
• Published on: 2005-05-10
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 288 pages

From Booklist
In the end, it is practical advice (words of tactical wisdom, that is) that gets us moving, motivated, and changing. Psychologist Frankel, author of Nice Girls Don't Get the Corner Office (2004), recognizes that fact by focusing on 75 "female" money mistakes--and how to correct them. For sure, there are a handful of different actions--getting in the money game, taking charge, spending wisely, learning money basics, saving and investing for the future, managing financial work potential, and playing it smart--that are then segmented into errors, no matter what the root causes. "Taking charge," for instance, admonishes those who don't trust their intuition and who let a deadbeat dad skirt his responsibilities, among others. Each reprimand, though, is accompanied by at least two coaching "how to overcome" tips and enlivened with client stories and personal anecdotes. Here, at last, is the commonsense retort to that old wives' tale that it's just as easy to marry a rich man as a poor one. Barbara Jacobs
Copyright © American Library Association. All rights reserved

About the Author
LOIS P. FRANKEL, PHD, is president of Corporate Coaching International, a Pasadena, California-based consulting firm that specializes in executive coaching, leadership development, and team building. She is also a sought-after keynote speaker and the author of the bestselling Nice Girls Don’t Get the Corner Office and Overcoming Your Strengths. She lives a rich life in Pasadena, California.

Customer Reviews

If you're a woman with more money than you know what to do with, buy this book.
I learned about 3 useful websites from this book, so reading it wasn't a total waste. But I kept feeling that it was written for women who are already a lot better off than I am, yet novices at managing their own money.

How about this--"You might not be able to quit your job and still make your annual pilgrimage to Tuscany. The new BMW every two years might be out of the question initially." In a section about maintaining what you already own, she talks about having sprinkler systems repaired and having your treadmill serviced. She encourages us to join a gym, and go to a spa. Give me a break!

My husband and I haven't had a vacation in 10 years, and are driving 8- and 13-year old cars. Around here a gym is at least $360 a year, an impossibility for us and not necessary anyway when you can walk, and buy dumbbells and used exercise videos for a few dollars. Spend money at a spa when I can take a bubble bath? A sprinkler system to keep the crabgrass green? Good grief.

She talks about controlling your expenses by cutting down on emotional and impulsive spending, which for my husband and I is a paltry sum. But she doesn't say much at all about dealing with health care and insurance costs, which is a big worry for lots of people.

In other words, she just doesn't get my life and the lives of many Americans. Judging from what I *know* to be bad advice for someone like me, it makes me take the rest of the book with a grain of salt as well.

Who's the Target Audience?
I didn't find this book especially helpful. It seems the author could not decide who her target audience is: is it middle aged women who make $100K a year or 23 year old women making $25K? I also didn't think the financial advice was nearly as interesting or helpful as books written by finance professionals; the author is a therapist by training. It also seems that much of the advice is for women who are entirely passive, and I'm not sure most women fall into this category (I certainly do not.) Save your money.

What Kind of Girl Are You?
Am I an "ostrich" or an "abdicator?" That's the question I asked myself while reading Nice Girls Don't Get Rich! They are just two of the types of women with whom you may or may not identify who are in dire financial straits or, at the least, not reaching their financial potential for behaving like "nice girls."

Following each case scenario, coaching tips are offered to prevent or stop us from falling into female behavior traps that can be financially crippling. Each tip is in bulletpoint format making the information easily accessible for reference.

Dr. Frankel employs an easygoing, winning writing style to deliver hard-hitting strategies designed to knock women out of their financial complacency and dependency. The advice ranges from simply balancing a checkbook or weekly budgeting to setting up a private foundation.

If you've read Nice Girls Don't Get the Corner Office, this new book provides the tools necessary to build your wealth after you've attained that desired position. I highly recommend adding it to your "nice girls" collection.