What gratification to see someone you taught years ago grow into a wise and helpful human being.This book is the product of that growth.Spencer offers a font of advice on how to look into the money madness which grips so many people in this prosperous, yet often self-defeating society in which we live.Through insightful analysis of hidden childhood money patterns and useful exercises Spencer guides the reader into his or her individual "money madness" and suggests how to remedy it.He further teaches how people can invest, free of the pushes and pulls of the get rich quick schemes in books, on radio and TV.I always wondered why people, who want to sell me ideas about how to make a million, bothered.Why waste their time when they could be out making that million rather than trying to get my money?I guess much financial advice is like this.It is too good to be true.
Spencer puts this into perspective by showing how the money madness of both seller and buyer keep them from addressing what is really important in life: living with a sense of ease, living connected to your loved ones, and living so as to contribute to the world. Spencer's goal is to address the ways in which our hidden attitudes toward money keeps us from this deeper satisfaction.
Beginning with an exploration of your destructive patterns, Spencer presents ways they can be healed, particularly in our relationships to others.He suggests how one can save and invest without being driven by emotion (and he does this in very useful detail---something one can act upon at once). He touches on how money madness affects people at work, and how to address it to make one's self more effective. He takes on the myths about house buying (which given the housing bubble burst, makes his advice all the more relevant).He talks about philanthropy, offering ways to do it more awarely.
At a time of money fear, Spencer offers a way for people to see where they truly stand in it all, and how to take action based on a clearer understanding.The subject matter of this book is greatly needed and Spencer has done an excellent job of helping people find their way through a turmoil which may, in fact, be the result of our collective money madness.This is an important book to read.
Charlie Fisher,Associate Professor Emeritus, Brandeis University
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