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    Die Broke: A Radical Four-Part Financial Plan
    Die Broke: A Radical Four-Part Financial Plan
    Die Broke: A Radical Four-Part Financial Plan
    Ebook399 pages6 hours

    Die Broke: A Radical Four-Part Financial Plan

    By Theresa Rebeck and Mark Levine

    3.5/5

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    About this ebook

    From America's most trusted financial advisor comes a comprehensive guide to a new and utterly sane financial choice. In Die Broke, you'll learn that life is a game where the loser gives his money to Uncle Sam at the end. There are four steps to the process:

    Quit Today

    No, don't tell your boss to shove it...at least not out loud. But in your head accept that from this day on you're a free agent whose number one workplace priority is your personal bottom line.

    Pay Cash

    You should be as conscious of spending as you are of saving. Credit should be a rarely used tool for those few times (buying homes and cars) when paying cash is impossible.

    Don't Retire

    Your work life 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

    It sounds terrifying, the one intolerable outcome to your financial life. And yet, in truth, dying broke might be your best option for a life without fear: fear of failure and privation now, fear of impoverishment in the long run.

    LanguageEnglish
    PublisherHarperCollins
    Release dateMar 17, 2009
    ISBN9780061846977
    Die Broke: A Radical Four-Part Financial Plan
    Author

    Theresa Rebeck

    Theresa Rebeck is an American stage, screen, television, and radio writer. She was born in Ohio and graduated from Cincinnati's Ursuline Academy in 1976. She did her BA at the University of Notre Dame in 1980, and followed that with three degrees from Brandeis University: an MA in 1983, a M.F.A. in 1986, and a Ph.D. in Victorian era melodrama, in 1989.

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    Reviews for Die Broke

    3.5/5

    36 ratings3 reviews

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    • 3/5
      It's a U.S. centric book so if you're Canadian you might find a lot of this book is pretty irrelevant. i.e. Canadians can't put any faith in his assertions about gifting money, tax breaks, or even medical insurance because our system is very different from the American one. This doesn't mean the underlying idea is wrong, just the details of how to go about doing stuff really don't apply in Canada.It's also assuming a non-rural lifestyle. More than half of Canadians don't have the option to "job hop" willy nilly unless they are also willing to relocate hundreds of miles... or maybe even leave their home province. If you live in northern New Brunswick, you'll find your job-hopping opportunities are pretty limited.Also, it was written in the late 90s when the world was a different place than it is now. And a big assumption he made did come true - the housing crunch came and bankrupted a lot of people... so his suggestions that one shouldn't put all their eggs into the housing market is a bit dated.Overall, it's kinda interesting and has a different perspective on how one should manage their finances but... and it's a BIG BUT... one of his main assertions is that we should not retire because that was something that would work for only one generation (and not this one)... yeah, whatever... I'm counting down the years until retirement with great excitement. Don't take that away from me!!
    • 5/5
      I found this book very interesting in the tone and advice. When the author suggest to "Die Broke" I thought this was a joke. The advice is sound and makes a lot of sense.
    • 2/5
      Better than his second book, he advises people to spend their resources while they are alive so that they get to use all of it, so that they get to direct what happens with it, so that they get to see the benefit of gifts to others, and so that children do not slack off in the anticipation of a big inheritance. It makes sense to me. However, once again, I see a fairly shallow adviser behind this. He steals Jane Bryant Quin's check-to-the-funeral-home-should-bounce line and is not knowledgeable in some of the variations in financial laws across states.

    Book preview

    Die Broke - Theresa Rebeck

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