Yahoo Finance is featuring an exclusive excerpt of Suze Orman’s latest book, Women & Money: Owning the Power to Control Your Destiny. If the book follows the standard formula, this excerpt is from the introduction and outlines the 8 qualities of a wealthy woman on which the rest of the book will expound. Here are the 8 qualities.
Qualities 1 and 2: Harmony and Balance. “Harmony is an agreement in feeling, approach, and sympathy… Balance is a state of emotional and rational stability in which you are calm and able to make sound decisions and judgments.”
Quality 3: Courage. “Courage is the ability to face danger, difficulty, uncertainty, or pain without being overcome by fear or being deflected from a chosen course of action.”
Quality 4: Generosity. “Generosity is when you give the right thing to the right person at the right time — and it benefits both of you.”
Quality 5: Happiness. “Happiness is a state of well-being and contentment.”
Quality 6: Wisdom. “Wisdom is the knowledge and experience needed to make sensible decisions and judgments, or the good sense shown by the decisions and judgments made from an accumulated knowledge of life that has been gained through experience.”
Quality 7: Cleanliness. “Cleanliness is a state of purity, clarity, and precision.”
Quality 8: Beauty. “Beauty is the quality or aggregate of qualities in a person that gives pleasure to the senses or pleasurably exalts the mind or spirit.”
Since the excerpt was posted on February 12, the excerpt has garnered 1,960 ratings, averaging 2.5 stars out of 5. That’s not exactly a shining endorsement.
I’ve found that Suze offers decent tips for the general public, but based on her attitude on her show on CNBC, I wouldn’t choose her to be my financial advisor. To be more specific, I find that she needlessly berates the callers. Additionally, her explicit endorsement of unwise financing for GM’s vehicles left me with a sour taste, as I’ve mentioned before.
Updated October 12, 2008 and originally published April 17, 2007.