49 ° Today's Paper Login Register Classifieds Archives Subscribe Last Updated:Wed., Nov. 3, 2010, 11:24am BREAKING PASSES AWAY FORMER YANKEES MANAGER, GM KING PHOTOS VIDEOS BLOGS News Page Six Sports Entertainment Bummer, dude Look where you stick it, Star jilts 'Wife' Going for broke No fairy tale NBA star Derrick Rose Hal Steinbrenner wants Derek She’s struggled with an eating Tiger! sparked fury on the set of Jeter and Mariano Rivera back disorder, bullying problems,... Passenger's plea to CBS's "The Good... and,... Yank Gossip Celeb Photos PopWrap Teams High Schools Scores TV Movies Events Travel Home NYC Local Business Opinion Columnists Politics Metro US News World News Real Estate Weird But True Crime Lottery Business Residential Real Estate Commercial Real Estate Jobs John Crudele Keith Kelly Steve Cuozzo Lois Weiss Terry Keenan Jennifer Gould Keil Story Lose excess debt by dieting By SHEILA MULLAN Comment Last Updated: 4:41 AM, October 31, 2010 Posted: 10:26 PM, October 30, 2010 Comments: 0 Like 14 people like this. 6 More Print Financial expert Susan Hirshman, author of the ironic "Does This Make My Assets Look Fat? A Woman's Guide to Finding Financial Empowerment and Success," knows some women might not want to read about personal finance, so she wrote a book about something women are familiar with: dieting. The result is top-flight advice. Imagine a banker with world-class credentials sitting down at your kitchen table to hold your hand, offer you tea and sympathy and set up your financial life, savings, retirement, insurance and tell you how to keep it all going. Hirshman has the CPA, MBA, Certified Financial Planner (CFP) and CFA credentials and worked at a top accounting firm, and most recently was a managing director at a global investment bank. But she recently left the bank to embark on her mission to educate women (and men!) on how to manage their own money. "I left to live my passion," she said. Now she likens money to being on a diet. Just the way the scale won't lie, neither will your checkbook, so it's best to overcome one's financial fear, cut down credit-card debt and create a financial plan with saving and retirement goals. Both women and men should both be aware of what's going on in their financial lives, and create a financial plan. "I have seen bad things happen to too many good women and too many good men, also," said Hirshman. "Don't be part of the 'if-only' club. Especially during the financial crisis, people said, 'If only I knew my husband was invested so aggressively,' or 'if only I knew that I should not have been spending so much money.' All of us have stories. But it's not fun to be part of the 'if-only' club. It's Post Pics painful. And to me, personal finance is all about having choices, now and in the Today in Pictures future." For example, just the way that too many potato chips will catch up to your waistline, so will too much credit-card usage: Eventually "you will have to make really tough, unfortunate choices," she said. She maintains you could set up your mutual fund retirement investment strategy in about 10 hours through her Sponsored Links book, and do a few hours' maintenance each year. But her fund advice boils Penny Stock to Watch - RMGX down to asset allocation basis between Save the planet AND make money! Consider investing stocks, bonds, etc., with advice on today. knowing your psychological tolerance www.GreenGainers.com for holding on through market downturns, and more sophisticated Mortgage Rate Drops to 4.0% FIXED! advice for those who want it. $200,000 loan for $708/month. Free Quotes - No SSN Rqd. Save $1000s! This book is a fast introduction for the Click on Each Photo More in Photos Mortgage.RefinanceFrontier.com 21-year-old beginner (advice: set goals, develop asset-allocation strategy, select Video TODAY: iPads for $103.85? investments, and continue to review). Special Report: Apple iPads are being auctioned for But it also works for the 70-year-old an incredible 80% off! person needing advice on retirement, ConsumerTipsDigest.org medical issues, wills, estates and taxes. And the detailed goals quiz alone is worth the book price. She also salts financial advice with humor: New Yorkers who feel they don't need to save for retirement because they might be dead by then due to a partying lifestyle should know that many who once felt that way lived into their nineties. "It's never too early to begin a financial plan, and it's also never too late," she said. Sponsored Links Do YOU Qualify? New Gov regulations allow US residents to remove half of their debt. www.ctwnews.com BREAKING: $700 Apple iPad sold for $25? Special Report: Apple iPads are being auctioned for an incredible 80% off! Channel9.com AARP® 50+ Auto Insurance Over 50? You Could Save an Average $384* On AARP® Auto... AARP.TheHartford.com Buy a link here Like 14 people like this. More in Videos 6 More Print Comments (0) You must be logged in to leave comments. Login ! Register Most Popular READ VIEWED COMMENTED 1. Star jilts 'Wife'
Pages to are hidden for
"Pics Video"Please download to view full document