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The Money Class: Learn to Create Your New American Dream Hardcover – March 8, 2011

4.4 4.4 out of 5 stars 431 ratings

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What does it take to create your New American Dream?

Suze Orman, the woman millions of Americans have turned to for financial advice, says it’s time for a serious reconsideration of the American Dream—what promise it still holds, what aspects are in need of revision, and how it must be refashioned to fit our lives so that we can once again have faith that our hard work will pay off and that a secure and hopeful future is within our reach.
 
In nine electrifying chapters, Orman delivers a master class on personal finance for this pivotal moment in time. She addresses every aspect of the American Dream—home, family, career, retirement. She teaches us that in order to create lasting security we must learn to stand in our truth. We must recognize, embrace, and be honest about what is real for us today and allow that understanding to inform the choices we make.  The New American Dream is not the things we accumulate, says Orman, but the confidence that comes from knowing that which we’ve worked so hard for cannot be taken away from us. In
The Money Class, Orman teaches us how to take control over our present—right here, right now—in order to build the future of our dreams.
 
Whether navigating the complicated mix of money and family, offering the most comprehensive retirement resource available today, or delivering a bracing dose of reality when it comes to recalibrating our expectations and our goals, Orman educates us with her signature no-nonsense approach and laser-like clarity. She empowers us to live a life of integrity and honesty that will create an enduring legacy for future generations—a New American Dream that lies in truth, security, financial freedom, and peace of mind.

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Editorial Reviews

Review

“Suze teaches readers how to transform their thinking and reimagine the American dream.”—O: The Oprah Magazine

About the Author

Suze Orman is a two-time Emmy Award–winning television host, #1 New York Times bestselling author, magazine and online columnist, writer/producer, and one of the top motivational speakers in the world today.

Orman has written eight consecutive
New York Times bestsellers and has written, co-produced, and hosted seven PBS specials based on her books. She is the seven-time Gracie Award–winning host of the Suze Orman Show, which airs on CNBC, and of the forthcoming Money Class on OWN: The Oprah Winfrey Network. She is also a contributing editor to O: The Oprah Magazine.

Twice named one of the “
Time 100,” Timemagazine’s list of the world’s most influential people, and named by Forbes as one of the 100 most powerful women, Orman was the recipient of the National Equality Award from the Human Rights Campaign. In 2009 she received an honorary doctor of humane letters degree from the University of Illinois at Urbana-Champaign and in 2010 she received an honorary doctor of commercial science from Bentley University.

Orman, a Certified Financial Planner™ professional, directed the Suze Orman Financial Group from 1987 to 1997, served as Vice President—Investments for Prudential Bache Securities from 1983 to 1987, and was an account executive at Merrill Lynch from 1980 to 1983. Prior to that, she worked as a waitress at the Buttercup Bakery in Berkeley, California, from 1973 to 1980.

Product details

  • Publisher ‏ : ‎ Random House; 1st ptg. edition (March 8, 2011)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 304 pages
  • ISBN-10 ‏ : ‎ 1400069734
  • ISBN-13 ‏ : ‎ 978-1400069736
  • Item Weight ‏ : ‎ 1.18 pounds
  • Dimensions ‏ : ‎ 6.4 x 1 x 9.5 inches
  • Customer Reviews:
    4.4 4.4 out of 5 stars 431 ratings

About the author

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Suze Orman
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Suze Orman has been coined America’s favorite financial advisor by The New York Times, and “a force in the world of personal finance” and a “one-woman financial advice power house” by USA today.

A #1 New York Times bestselling author, two-time Emmy Award winner, host of the popular Women & Money podcast, magazine and online columnist, writer/producer, and one of the top motivational speakers in the world today, Suze Orman is undeniably America’s most recognized expert on personal finance.

The single most successful fundraiser in the history of PBS, Orman has received an unprecedented eight Gracie Awards, which recognize the nation's best radio, television, and cable programming by, for, and about women. Twice named to the TIME 100 and ranked among the World's 100 Most Powerful Women by Forbes, Orman was the host of The Suze Orman Show on CNBC for 13 years (now available to stream for free on Amazon Freevee) and a contributing editor to O: The Oprah Magazine for 16. Some may say, however, that her true claim to fame is having been spoofed on Saturday Night Live four times.

Orman's incredible journey to becoming America's most recognized expert on personal finance began as a young broker at Merrill Lynch, helping clients of all backgrounds create a financially secure retirement plan. Orman was an account executive at Merrill Lynch from 1980 to 1983, served as Vice President-Investments for Prudential-Bache Securities from 1983 to 1987, then directed the Suze Orman Financial Group from 1987 to 1997.

Currently, Orman hosts the popular Women & Money podcast, serves as the official personal-finance educator for the United States Army and Army Reserve, and is a special advocate for the National Domestic Violence Hotline, bringing her message of awareness and empowerment to women who have suffered financial abuse. On her days off, you will find Suze and her wife, KT, spending time out on the water in the Bahamas, following their newfound passion for wahoo fishing.

Customer reviews

4.4 out of 5 stars
4.4 out of 5
431 global ratings
I bought it used and it's been SIGNED by SUZE!! What a pleasant surprise!!!
5 Stars
I bought it used and it's been SIGNED by SUZE!! What a pleasant surprise!!!
First of all, this book has....EVERYTHING! It's a bit overwhelming in all honesty, and I haven't made it through the entire thing because there's just a lot of information in here. I think this book is really well-designed to be like an "a la carte" type of book. If you're able to make it all the way through in one go then you must be an accountant or something haha. That being said, there is SO MUCH INFO included that I will definitely be holding onto this as a reference book for many many years. And it's been signed by Suze herself!! Definitely didn't expect that, so that was a really cool surprise!
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Top reviews from the United States

Reviewed in the United States on April 1, 2011
( From March posting on Your Life.Your Money blog . [...])

Dear Suze,

Thank you so much for the opportunity to give you my thoughts on your new book, The Money Class. I feel honored and privileged to do so. You are an American Icon and an extraordinary Financial Expert. Your advice and counsel have truly helped millions of people.

In short - I loved your new book. Once again you have delivered to your fans a primer on managing money in current times. I am impressed with all the detailed advice you provided on everything from Family, Career, Buying a Home, Investing and Saving for Retirement at all stages of life. Everyone will find something of great benefit. I also went to your web site and reviewed the tools and financial calculators that accompany the book. They are terrific, easy to use, and a wonderful bonus that goes along with purchasing the book. Anyone who follows your advice and direction will be successful not only with their money but also with their life.

About the philosophy you espouse in the book; I loved your clarion call to "Stand in your Truth" about your money. This is both brilliant and critical. For years, people have been able to "lie" to themselves about their money by leveraging home equity and credit cards. For a short time, everyone could appear richer than they really were by taking money from their future and spending it in the present. When the bubble burst, people found themselves in trouble. And when layoffs proliferated and new job opportunities shrank, the trouble grew even worse. The thesis of your book to be true to yourself and live below your means in order to protect your future is a very necessary one.

Finally, I was touched by your deep care and compassion especially in the final chapter. It IS damn hard to write a book that conveys sobering truths to people who are already suffering. It never feels good to hear that the time of illusion is over and now we have to get back to basics....buying what we can afford, saving for our future, working longer since we now live longer.

I had only one minor quibble with your writing. You say we need to adopt a "New" American Dream. I think it isn't new, per se. It really is the same American Dream that our Grandparents and Great Grandparents had. You alluded to this in the last few paragraphs of the book. This real American Dream was corrupted over the past thirty years by, in my opinion, the rise of Deregulation, flattening of the Tax Rates, and explosion of Executive pay in the financial services industry. Our society was corrupted too. We now have a chasm between the Rich and Poor with the Middle Class very much in danger. It's time to wring out the excesses and negative incentives and go back to what made our Country great: a Society where all people could feel they were generally treated equally and with dignity by their Government and Corporate America; a belief that their personal American Dream was achievable if they managed their money well and worked hard for it. '

Suze, you have done a great service to your readers by telling them the truth. I wish our Government leaders would do this too. I hope your book can ignite a national dialogue on these critical issues. Congratulations on your New York Times #1 best selling book. I wish you much continued success with it!
26 people found this helpful
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Reviewed in the United States on March 18, 2011
Dealing with tough financial decisions in the current economy makes many of us want to jump back in bed and pull the covers over our head. The last thing we want to do is sit down and read another self-help book about how to survive a recession. It's just going to tell us to cut back, cut back, cut back...just like the diet books say eat fewer calories than you take in. No new advice. No fun.

The Money Class breaks those molds. Reading it made me feel warm and cared for, like I was snuggled under a thick blanket in front of the fireplace on a snowy day. More importantly, I felt like I was sitting down for a long chat with an old friend...the kind who really cares about me. Suze Orman doesn't sugarcoat anything. She stands in her own truth every day of her life by saying exactly what she thinks. As a small business owner who started a business in the recession of 1991, I found the "starting (and running) your own business" section refreshingly honest as she says straight out that the motivation for starting your own business can't be just because you can't find a job in a slow economy. She even talks about when it's time to recognize that it's time to shut down one idea responsibly so you can birth a new one.

The money lessons for young children in Chapter 3 took me back to Leave It to Beaver when parents and grandparents gave children experiences, not things. I don't remember toys my parents gave me. I do remember that my dad took me to the park every weekend to swing in those fabulous swings that go so high. I do remember popping popcorn and playing Parcheesi and Rook on Friday nights with my parents when the TV went out and my dad said there was no money to fix it. I do remember all the stories my grandpa told me about his days as a logger in the mountains of East Tennessee.

She connects financial products like insurance to relationships, not just creating wealth. Instead of just focusing on the financial reasons for owning long-term care insurance, for example, Suze emphasizes that long-term care insurance is really about taking care of the family and preserving dignity for all. If our children don't have the money to pay for our care, she says, they can wind up giving up a promising career which can compromise college savings for our grandchildren. Or they may have trouble maintaining a committed relationship because our care becomes their first priority. It's statements like these that let me know that Suze Orman cares about PEOPLE and not just about selling another million books. It's one thing to give helpful financial advice. It's quite another to add the inspiration and hope that Americans are searching for that there really is a New American Dream to be found for those who reach for it. A financial book that is an uplifting read. Imagine that.
The Money Class: Learn to Create Your New American Dream
2 people found this helpful
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Reviewed in the United States on May 17, 2015
I have bought so many books and more so on Kindle dealing with financial management, retirement, social security, investment in TSP and 401Ks and dividend stocks and bonds and treasuries and commodities and equity and taxes and personal financial management which is what this book is really all about. As with many books written by the many certified personal financial analysts and advisers and investment experts like Graham and Buffet and Bogle and Fisher and Licherfeld and Weise and Lynch and many more, and you can always find something that does not apply to you or address your exact situation. So how do you can rate so many of the good authors like Suze Orman. It is hard to get a good rating when someone only buys one or two books because they are sure to find the book better than those who have read many and may have even attended many seminars in all the subject matter as I hav. As time went on and I read more, I now have a different method for rating books on a specific subject matter. If I just like the book as I do others in the same subject matter they get three stars, obviously if they are written much better they get 4 or 5 stars, and lastly to get those 5 stars, I weigh the date written and how much the book applies to today. Seeing all the uncertainty in the market and economy and the real employment rate in 2015, it is hard to earn 5 stars from me with books that don't address people who are living payday to payday and invest in their retirement years when in debt or doing everything to stay out of debt. Giving Suze 4 stars from me is a great compliment and my recommendations to others to purchase it especially if you can avoid paying shipping and handling as I do.
3 people found this helpful
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Top reviews from other countries

Reed B
5.0 out of 5 stars Five Stars
Reviewed in Canada on June 11, 2016
Adama Khanu
5.0 out of 5 stars Five Stars
Reviewed in the United Kingdom on November 1, 2015
Great read!
De Marcos Elena
3.0 out of 5 stars Very good for US not so good outside US
Reviewed in Spain on October 4, 2014
There is not "too early" point in time in your life to start planning your personal and household finances (and your life dreams!)
Suze gives great and very detailed lessons to grasp and get your financial stability under control.
For European readers, the book can result long, since all the details on fiscal advantages that can/should be used in the US, are specific for the US citizens. This means, outside that country you have to do the work to research what exists in your own country of residence.However, at the very end of each chapter there is a summary. Therefore for non-US readers, I advice to read first the summaries and then dive down only in the chapters of your interest.

Biggets take away: don't count on getting much money from the pension fund in 20-30 years and start saving now! Learn how to take pleasure from it!
mistral
5.0 out of 5 stars The Money Class: Learn to Create Your New American Dream
Reviewed in Canada on September 26, 2014
Wonderful book and very informative.
LA MA
1.0 out of 5 stars Not for people outside the US
Reviewed in Spain on January 24, 2016
I thought it would be helpful for evryone. Like a guide on how to handle your money. But it talks mostly about especif stuff in the USA... so I do not find it helpful for me at all... what a pitty!