The Road To Wealth Summary

The Road To Wealth The road to wealth by Suze Orman. In this book Suze Orman talks us through the steps that can lead you to becoming a wealthy person. The book helps people understand ways to save up money. She gives financial information that gives you guys the power to act in your best interest. Suze Orman's gives out answers that help remove obstacles that retain you from being wealthy. The road to wealth is a book designed to help you take action. Chapters 1 through 4 Suze Orman helps us understand the basic essentials of life. For example Managing debt. She talks about how having debt is something everyone will eventually have. It is important to manage your debts carefully because if u dont you can end up in many problems such as bankruptcy, and bad credit. She also mentions Financial Intimacy between you and your partner she says “People first Money second”. Home ownership is another topic in where she tells us that it’s better to buy then to rent. In addition to home ownership she gives examples of insurance’s like home insurance, car and health insurance. Always be prepared for the unexpected.
Suze mentions investments for college, savings account and prepaid tuition plans. All which are ways to help you pay for college. Retirement plans such as 401K allowing you to put part of your paycheck as contribution. Stocks are ways to invest your money and have it growth throughout time. Buy low sell high is an idea to think when buying or selling stocks. Mutual funds is another good and bad thing about stocks. Having a professional choice your stocks but also having that risk of