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10 Insights from Pound Foolish, by Helaine Olen

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Hear the full interview at http://33voic.es/in02qr7 Helaine Olen is the author of, “Pound Foolish: Exposing the Dark Side of the Personal Finance Industry,” which was published by Penguin’s Portfolio imprint in January of 2013. She likes to write and report on subjects where life meets money: that can be personal finance, parenting, women's issues, politics, education or career advice. Her goal is to surprise you, provoke you, and make you see the world in a different way.

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Page 1: 10 Insights from Pound Foolish, by Helaine Olen

we help you discover smarterways to think, grow, and live.

Page 2: 10 Insights from Pound Foolish, by Helaine Olen

This presentation consists of 10 highlights from the interview with Moe Abdou,

founder & host of 33voices®.

Page 3: 10 Insights from Pound Foolish, by Helaine Olen

Helaine OlenHelaine Olen is the author of, “Pound

Foolish: Exposing the Dark Side of the Personal Finance Industry,” which was published by Penguin’s Portfo-lio imprint in January of 2013. She

likes to write and report on subjects where life meets money: that can be personal finance, parenting, women’s issues, politics, education or career advice. Her goal is to surprise you,

provoke you, and make you see the world in a different way.

@helaineolen

Page 4: 10 Insights from Pound Foolish, by Helaine Olen

1

Money and wealth are highly personal.Don’t be swayed by perspectives that misalign with your values.

Page 5: 10 Insights from Pound Foolish, by Helaine Olen

2

It’s wise to continually enhance your financial literacy.

leverage the objective expertise of trusted publication

such as the WSJ, New York Times and Reuters.

Page 6: 10 Insights from Pound Foolish, by Helaine Olen

3

Always be vigilant about your money habits,but also keep an eye on how society spends its money.

Page 7: 10 Insights from Pound Foolish, by Helaine Olen

4

While we’re each responsible for any financial missteps;

it’s important to note that the leading cause of debt

are health care and unemployment.

Page 8: 10 Insights from Pound Foolish, by Helaine Olen

5

Don’t bet on your 401K to secure your retirement;

consider a pension plan alternative instead.

Page 9: 10 Insights from Pound Foolish, by Helaine Olen

5

Don’t bet on your 401K to secure your retirement;

consider a pension plan alternative instead.

Page 10: 10 Insights from Pound Foolish, by Helaine Olen

6

If you’re going to be in the market, consider the advantages of index funds.they’re an efficient alternative that mimics the market.

Page 11: 10 Insights from Pound Foolish, by Helaine Olen

7

Real estate is tricky and requires diligence

to acquire and manage it.It’s a liability until you capture its appreciation.

Page 12: 10 Insights from Pound Foolish, by Helaine Olen

8

It’s prudent to live within your means;just remember that experiences trump materialism.

Page 13: 10 Insights from Pound Foolish, by Helaine Olen

9

It’s unlikely that you’ll save your way to success;

focus on earning money instead.

Page 14: 10 Insights from Pound Foolish, by Helaine Olen

10

It’s always a smart assumption to internalize the notion

that no one can predict the future.

don’t try, create it instead.

Page 15: 10 Insights from Pound Foolish, by Helaine Olen

How do you measure your financial literacy?

REALLY REFLECT