Die Broke: A Radical, Four-Part Financial Plan

Die Broke: A Radical, Four-Part Financial Plan

by Stephen Pollan, Mark Levine

Paperback(Reprint)

$15.29 $16.99 Save 10% Current price is $15.29, Original price is $16.99. You Save 10%.
View All Available Formats & Editions
Choose Expedited Shipping at checkout for guaranteed delivery by Thursday, October 17

Overview

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.

Product Details

ISBN-13: 9780887309427
Publisher: HarperCollins Publishers
Publication date: 09/23/1998
Edition description: Reprint
Pages: 305
Sales rank: 179,715
Product dimensions: 5.30(w) x 7.90(h) x 0.80(d)

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.


Mark Levine has been Stephen Pollan's collaborator for more than eighteen years. Together they have authored numerous books, including the national bestsellers Lifescripts, Live Rich, and Die Broke, and most recently, Second Acts. They have been nominated for three National Magazine Awards.

Customer Reviews

Most Helpful Customer Reviews

See All Customer Reviews

Die Broke: A Radical, Four-Part Financial Plan 3.4 out of 5 based on 0 ratings. 5 reviews.
Guest More than 1 year ago
I would have given it five stars if the real-estate section were based on reality. 'don't count on your house appreciating more than inflation percentage' turns out to have been dead wrong. But that aside, I'm following his advice right now. Quit your job, literally or metaphorically, become a mercenary. Pay cash. Don't retire. I've believed these axioms for years but Polland is the first to put it in a succintly unique way. Great stuff to be read and re-read. Also read his follow-up 'Live Rich'. It is less robust than Die Broke, but it arms you with tools to cope with 'low overhead' living. Fear reducing is Polland's specialty.
jpsnow on LibraryThing More than 1 year ago
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.
foof2you on LibraryThing More than 1 year ago
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.
crazybatcow on LibraryThing More than 1 year ago
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!!
leVieux More than 1 year ago
Good for young adults on the way up. I have already done most of the stuff he reccommends. Disagree with advice to plan to go on Medicaid, which is a federal welfare program, though. Worth a read.