Now here’s a deal for you. My book, Nice Girls Don’t Get Rich, was just released in paperback so the publisher is looking to sell the hardcover (same content) at a deep discount. The cover price is $21.95 but I’m passing my discount along to readers of The Thin Pink Line. Your cost would be just $7.50 per book including shipping (in the United States).
Now’s the time to brush up on your MQ (money quotient) and maybe even get some holiday gifts. I’ll sign each book purchased so you’ll want to let me know if you’re buying the book for yourself or someone else. Just send an e-mail to info@drloisfrankel.com and we’ll contact you with ordering information. Quantities are limited so, as they say, act now.
TAGS: Get Rich, Money, nice girls don't get rich, Women and Money
If you don’t have all the money you need to live your life the way you want, free from concerns about money (my definition of rich) it could be that you’re suffering from one of the following personality traits that aren’t fatal, but are flaws.
The Hoarder
The good news is that hoarders actually save money, but they don’t invest it or take the time to build budgets that would help them to enjoy their money. They’re so afraid of becoming bag ladies, they stash away money without thinking about how investing could yield substantially more wealth. Similarly, they won’t buy things that would allow them to enjoy life a little more because they see it as frivolous or themselves as undeserving. Whatever the reasons, The Hoarder isn’t living a rich life, even if her bank account says that she can.
The Ostrich
The Ostrich would rather not know how much money she has – or doesn’t have. As long as there are checks in her checkbook she doesn’t even THINK about money. She doesn’t keep tabs on bank statements or investments, nor does she take the time to learn about how she could live a richer life by managing her assets better. She often lives paycheck-to-paycheck, content with knowing she has enough to make it through another month.
The Spender
Money burns a hole in the pocket of The Spender. Sometimes it’s money she has and sometimes it’s money she gets from various sources of credit – often putting her into deep debt. The Spender may be exhibiting compulsive behavior. Psychological help could be needed to assist her with diminishing the compulsive spending. Although on the surface it appears that The Spender is leading a rich life, when you scratch below she may not have a liquid nickel to her name and be in for a huge change in lifestyle if she loses her job or when she gets ready to retire.
The Abdicator
At least The Abdicator has the wisdom to get someone to help her manage her money. The bad news is that she turns over full responsibility to that person and rarely checks on how her money is doing. The Abdicator may hire a professional financial advisor or just turn her money over to a spouse or significant other. Once she does, however, she washes her hands of it and expects someone else to look out for her best interests. Once she does look into how her money is doing, it’s often too late – she finds she’s been taken advantage of by either unscrupulous or well-meaning but ineffective advisors.
The Do-Gooder
Money means little to The Do-Gooder other than having enough of it to loan or give away to people in need. She may have learned in childhood that “money can’t make you happy” or think that giving away money makes people like her. In either case, she sees little value in accumulating it. The Do-Gooder often ignores my maxim, “You can simultaneously do good and do well.”
TAGS: living a rich life, nice girls don't get rich, personality types, Women and Money
