Product Description

Conventional wisdom is clear about what you should be doing at this juncture in your life.Well, guess what?

Conventional wisdom isn't so wise at all any more. If you're going to survive with your peace of mind intact, you need to forget about that nest egg and adopt a new goal:

Die Broke!

And don't worry, Die Broke, the audiobook by Stephen Pollan is here to help.

Die Broke turns conventional wisdom on its head. It says wealth is to be spent while you're alive, either on yourself or your loved ones, and that every penny left after you die is a failing.

Die Broke preaches a radically new approach to career and personal finance. In a nutshell, it says :

Quit Today. Accept that from this day you're a free agent whose number one workplace priority is your own personal bottom line.

Pay Cash. Saving, not spending, must become reflexive, and credit should be a rarely used tool for those few times (homes, cars) when paying cash is impossible.

Don't Retire. Your worklife should be a journey up and down hills, rather than a climb up a sheer cliff that ends with a jump into the abyss.

Die Broke offers a comprehensive and practical message for financial happiness at the millennium's end. It's a cry for sanity, a signpost to security, a refreshing new point of view. Now, there's a way out of worry, a lifetime plan that actually delivers not just peace of mind, but the lifestyle of your dreams.

Product Details

• Amazon Sales Rank: #1810609 in Books
• Published on: 1998-01-01
• Released on: 1997-12-09
• Formats: Abridged, Audiobook
• Original language: English
• Number of items: 2
• Binding: Audio Cassette

Review
"If you're unhappy with conventional thinking about how we live and plan our lives, this book will speak to you." -- -- Scott Burns, Dallas Morning News

"Smoothly written...a treasure chest of financial advice." -- -- USA Today

About the Author

Stephen M. Pollan, one of America's most trusted and admired financial advisors, is the author of more than a dozen books, including the national bestseller Die Broke. He presently lives in New York City and Litchfield County, Connecticut, with his wife, Corky, and in close proximity to his four children and nine grandchildren.

Mark Levine has been Stephen Pollan's collaborator for sixteen years. He lives in Ithaca, New York, with his wife, Deirdre, and his Newfoundland, Molly.

Customer Reviews

Financial Planning for Stunt Pilots
Die Broke is an extremely seductive book. Stephen Pollan's idea is that you'd be a fool to save your money for a rainy day. He says spend it now, which is contrary to what evey other personal finance expert advises. Take a round-the-world cruise, buy that new Mercedes, or better yet, lease it. This advice goes against the grain, and I found myself fascinated by such an original approach. It's tempting to adopt his methods and live for the present, but my advice is listen to the book, but don't take it too seriously.

Sound advice for any age.
Written for "baby-boomers," but, most definitely recommended for us younger folks too.

I took a chance, liked what I heard, and bought a set for a '25ish' friend; whose nose is always stuck in one financial book or another. He was immediately hooked, and, has already begun to change his way of spending, thinking, and doing. Just last week, he was thinking of buying the paper edition to reinforce what he listened to!

Generally, I don't do well with audio-books (or even the written financial word), but, this one is worth picking up in any form.

My Dad raised me on many of the same practices and principles preached within, and I couldn't agree more with the concept of; dying broke, paying cash, and giving now!, instead of leaving it later.

Stereotypes lead to illogic
This is the ultimate demonstration of GIGO (garbage in; garbage out). They start with defining all readers as a stereotypical babyboomer husband and wife team who are so work driven they get nothing out of life. Authors as lawyer-savior-savant advise them to quit their jobs, or at least think as if they quit, tear up their credit cards and work the rest of their lives while spending all they have and dying broke. Not every baby boomer, much less average American, is what they describe as the party to whom they are giving advice. While there is good advice in some of the book, the idea of proceeding from a stereotypical description of a person leads to a conclusion that might be of value only to that stereotypical person. The conclusions and advice given cannot apply to most people, much less all people. There remain in the society hard workers and slackers; brain surgeons and dullards; computer programmers and ditch diggers; driven producers and fourth generation welfare recipients. Ovbiously, this book is not for food stamp recipients or clients of the welfare system. Never the less there is good advice that is worth taking and understanding. The credit card system, whereby one obligates himself to pay without the pain of shelling out hard earned cash, allows one to build debt without feeling it. This book is really for those much too busy to read it.