Summary of Suze Orman's The 9 Steps to Financial Freedom

By IRB Media

Please note: This is a companion version & not the original book. Book Preview:

#1 Financial freedom doesn’t depend on how much money you have. It’s when you have power over your fears and anxieties instead of the other way around. When you understand and address your fears, you can start to have power over your life.

#2 I learned that money is important, but that it can’t buy me happiness. I began to understand that money will work for me, and I will always have enough when I give it energy, time, and understanding.

#3 The first steps of this book take you back to why you don’t do the things you know you should do, and then beyond that to where you can take action. The laws of managing money teach you why you must trust yourself more than you trust anyone else with your money.

#4 To achieve complete financial freedom, you must follow all nine steps. The most important thing to remember is that you can make your goals happen step by step. The power is within you.

• Language: English
• Publisher: IRB Media
• Release date: May 17, 2022
• ISBN: 9798822518476

IRB Media

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Insights on Suze Orman's The 9 Steps to Financial Freedom

Contents

Insights from Chapter 1

Insights from Chapter 2

Insights from Chapter 3

Insights from Chapter 4

Insights from Chapter 5

Insights from Chapter 6

Insights from Chapter 7

Insights from Chapter 8

Insights from Chapter 9

Insights from Chapter 10

Insights from Chapter 1

#1

Financial freedom doesn’t depend on how much money you have. It’s when you have power over your fears and anxieties instead of the other way around. When you understand and address your fears, you can start to have power over your life.

#2

I learned that money is important, but that it can’t buy me happiness. I began to understand that money will work for me, and I will always have enough when I give it energy, time, and understanding.

#3

The first steps of this book take you back to why you don’t do the things you know you should do, and then beyond that to where you can take action. The laws of managing money teach you why you must trust yourself more than you trust anyone else with your money.

#4

To achieve complete financial freedom, you must follow all nine steps. The most important thing to remember is that you can make your goals happen step by step. The power is within you.

Insights from Chapter 2

#1

The first step toward financial freedom is to go back in time and recall the earliest moments you can remember when money mattered to you. When you began to see that money could create pleasure and also pain, between your parents or longing for something that could not be fulfilled because of lack of money.

#2

Many people come to a financial planner because they don’t want to deal with their money. They have learned that what money buys is nothing compared to what it takes away.

#3

When I was eight, I lost ten dollars that my mother had given me to buy bread. I was so overwhelmed by the loss that I never wanted to be in control of my money again.

#4

When I met Catherine, she was still living her life as if she did not deserve to have anything she wanted. She wanted to buy a house in the town where she was a teacher in a fine private school, and start a garden. She couldn’t bring herself to make an offer on a house because she felt afraid to take up any space in the world.

#5

The first message I remember receiving about money was when I was eight or nine years old. My mom told me that we didn’t have a dollar to give me so I could go swimming with my friends. I felt as if the wind had been knocked out of me.

#6

I want you to go back and remember everything you can about money as a child. Remember the best presents you ever received, the special treats of your childhood, and the ways in which money scared you.

#7

Remember your past, and write down everything you can about the memory. Do not censor anything. If any of your friends or family members are interested and willing, you might want to invite them to do this exercise with you.

Insights from Chapter 3

#1

We all have fears and anxieties about money, but we rarely admit them to others. We may not admit them to ourselves, but they are holding us back from taking control of our financial lives.

#2