Key Takeaway
Intelligence is not a defense against financial mistakes. Smart people buy too much house, carry wrong insurance, fall for bad advisors, and let emotions drive investment decisions. Awareness of these thirteen traps is the first step to avoiding them.
The Review
CBS News business analyst Jill Schlesinger catalogs the thirteen most common financial mistakes made by intelligent, educated, successful people — and explains exactly why smart people keep making them. From buying a house they cannot afford to carrying the wrong insurance to trusting the wrong financial advisor, Schlesinger draws on decades of financial planning experience to show that intelligence does not protect you from financial stupidity. Each chapter diagnoses a common mistake and provides the specific steps to avoid it.
Book Details
The Dumb Things Smart People Do with Their Money by Jill Schlesinger
Published
2019
Pages
288
Rating
4.5/5
Copies Sold
150,000+
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