Americans are struggling economically and personal finance gurus think that’s our fault. If we could just save money from small indulgences — like lattes — and sock it away in the stock market, we could end up millionaires. So claim the likes of Suze Orman and Robert Kiyosaki. But, according to journalist Helaine Olen, such claims are based on funny math — and even funnier assumptions about America’s economy and social structure.
Helaine Olen, Pound Foolish: Exposing the Dark Side of the Personal Finance Industry Portfolio, 2013
Helaine Olen & Harold Pollack, The Index Card: Why Personal Finance Doesn’t Have to Be Complicated Portfolio, 2016
Slate Academy’s United States of Debt Podcast