
The Dumb Things Smart People Do with Their Money
Thirteen Ways to Right Your Financial Wrongs
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Narrated by:
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Jill Schlesinger
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By:
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Jill Schlesinger
About this listen
You’re smart. So don’t be dumb about money. Pinpoint your biggest money blind spots and take control of your finances with these tools from CBS News Business Analyst and host of the nationally syndicated radio show Jill on Money, Jill Schlesinger.
“A must-read...This straightforward and pleasingly opinionated book may persuade more of us to think about financial planning.” (Financial Times)
Hey you...you saw the title. You get the deal. You’re smart. You’ve made a few dollars. You’ve done what the financial books and websites tell you to do. So why isn’t it working? Maybe emotions and expectations are getting in the way of good sense - or you’re paying attention to the wrong people. If you’ve started counting your lattes, for god’s sake, just stop. Listen to this book instead.
After decades of working as a Wall Street trader, investment adviser, and money expert for CBS News, Jill Schlesinger reveals 13 costly mistakes you may be making right now with your money. Drawing on personal stories and a hefty dose of humor, Schlesinger argues that even the brightest people can behave like financial dumb-asses because of emotional blind spots.
So if you’ve saved for college for your kids before saving for retirement, or you’ve avoided drafting a will, this is the book for you. By following Schlesinger’s rules about retirement, college financing, insurance, real estate, and more, you can save money and avoid countless sleepless nights. It could be the smartest investment you make all year.
Praise for The Dumb Things Smart People Do with Their Money
“Common sense is not always common, especially when it comes to managing your money. Consider Jill Schlesinger’s book your guide to all the things you should know about money but were never taught. After reading it, you’ll be smarter, wiser, and maybe even wealthier.” (Chris Guillebeau, author of Side Hustle and The $100 Startup)
“A must-read, whether you’re digging yourself out of a financial hole or stacking up savings for the future, The Dumb Things Smart People Do with Their Money is a personal finance gold mine loaded with smart financial nuggets delivered in Schlesinger’s straight-talking, judgment-free style.” (Beth Kobliner, author of Make Your Kid a Money Genius (Even If You’re Not) and Get a Financial Life)
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Critic reviews
“Jill Schlesinger is one of the smartest voices in personal finance and money management I know. Ignore her words of wisdom at your financial peril.” (Helaine Olen, blogger for The Washington Post and author of Pound Foolish)
“The vast majority of people, including highly sophisticated investors, will recognize one if not several of the thirteen ‘dumb things’ Jill Schlesinger brilliantly discusses in this engaging and important book. I know I did. Drawing on a highly accomplished career- not just as an astute observer of personal finance but also as a planner and options trader - she arms readers with knowledge and tools to help correct existing financial planning mistakes, as well as avoid potentially costly ones in the future.” (Mohamed A. El-Erian, chief economic adviser, Allianz, and author of The New York Times best sellers When Markets Collide and The Only Game in Town)
“We don’t talk nearly enough about money, which is odd given its central place in most of our lives. And it’s shockingly easy for even smart, accomplished people to get tripped up by bad habits or just plain lack of knowledge about money management. Jill Schlesinger has written an eye-opening, practical, and funny book about how we screw up and how we can get it right. I needed this book ten years ago! I’m glad I have it now.” (Alison Green, author of Ask a Manager)
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- How to Build Your Portfolio to Maximize Returns and Minimize Risk
- By: William J. Bernstein
- Narrated by: Barrett Whitener
- Length: 4 hrs and 24 mins
- Unabridged
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The Intelligent Asset Allocator has helped thousands of people like you build wealth through carefully diversified portfolios. Now, with global markets in constant flux, balancing risk and reward is more critical than ever. Self-taught investor William Bernstein offers no gimmicks, inside secrets, or magic solutions - just the facts about investing and calm smart advice on how to build and manage a portfolio designed for the long run.
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Great resource for investors!
- By Brichne on 01-16-25
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Women & Money (Revised and Updated)
- By: Suze Orman
- Narrated by: Nancy Linari
- Length: 6 hrs and 26 mins
- Unabridged
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Suze Orman investigates the complicated, dysfunctional relationship women have with money in this groundbreaking audiobook. With her signature mix of insight, compassion, and soul-deep recognition, she equips women with the financial knowledge and emotional awareness to overcome the blocks that have kept them from making more out of the money they make. At the center of the audiobook is the Save Yourself Plan - a streamlined, five-month program that delivers genuine long-term financial security.
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Why is Suze Orman not narrating this book?
- By Sophie on 12-11-18
By: Suze Orman
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Quit Like a Millionaire
- No Gimmicks, Luck, or Trust Fund Required
- By: Kristy Shen, Bryce Leung, JL Collins
- Narrated by: Kristy Shen, JL Collins
- Length: 8 hrs and 40 mins
- Unabridged
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Kristy Shen retired with a million dollars at the age of 31, and she did it without hitting a home run on the stock market, starting the next Snapchat in her garage, or investing in hot real estate. Learn how to cut down on spending without decreasing your quality of life, build a million-dollar portfolio, fortify your investments to survive bear markets and black-swan events, and use the four percent rule and the Yield Shield - so you can quit the rat race forever.
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She gives some bad advice.
- By Brian Bingham on 02-13-20
By: Kristy Shen, and others
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Financial Freedom
- A Proven Path to All the Money You Will Ever Need
- By: Grant Sabatier, Vicki Robin - foreword
- Narrated by: Grant Sabatier, Vicki Robin
- Length: 10 hrs and 47 mins
- Unabridged
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Financial Freedom is a step-by-step path to make more money in less time, so you have more time for the things you love. It challenges the accepted narrative of spending decades working a traditional nine-to-five job, pinching pennies, and finally earning the right to retirement at age 65, and instead offers listeners an alternative: Forget everything you've ever learned about money so you can actually live the life you want.
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Meh...
- By bobby on 02-10-19
By: Grant Sabatier, and others
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Nine-Figure Mindset
- How to Go from Zero to Over $100 Million in Net Worth
- By: Brandon Dawson
- Narrated by: Brandon Dawson
- Length: 6 hrs and 8 mins
- Unabridged
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In Nine-Figure Mindset, Brandon Dawson unveils how to tap into the remarkable potential hidden inside each and every one of us. Drawing from his own awe-inspiring journey, Brandon shows that success and leadership are attainable to anyone willing to cultivate the right shift in thinking. Combining personal experiences with actionable strategies, Nine-Figure Mindset serves as a guidebook to next level achievements you’ve never imagined were possible.
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interesting but not life changing
- By Candance406_ on 02-21-24
By: Brandon Dawson
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The Fault in Our Stars
- By: John Green
- Narrated by: Kate Rudd, John Green, Laura Grafton
- Length: 7 hrs and 11 mins
- Unabridged
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Despite the tumor-shrinking medical miracle that has bought her a few years, Hazel has never been anything but terminal, her final chapter inscribed upon diagnosis. But when a gorgeous plot twist named Augustus Waters suddenly appears at Cancer Kid Support Group, Hazel’s story is about to be completely rewritten.
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Probably in the top 5 books you will ever read.
- By Mel on 02-10-24
By: John Green
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The Only Investment Guide You'll Ever Need: Revised Edition
- By: Andrew Tobias
- Narrated by: Chris Sorensen
- Length: 10 hrs and 52 mins
- Unabridged
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The Only Investment Guide You'll Ever Need has been a favorite finance guide, earning the allegiance of more than a million fans across America. Using concise, witty, and truly understandable tips and explanations, Andrew Tobias delivers sensible advice and useful information on savings, investments, preparing for retirement, and much more. This completely updated edition will show you the best way to manage your money, no matter what your means.
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Financial wisdom from the best!
- By A on 10-19-24
By: Andrew Tobias
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Raising Securely Attached Kids
- Using Connection-Focused Parenting to Create Confidence, Empathy, and Resilience
- By: Eli Harwood
- Narrated by: Eli Harwood, KJ Althoff, Te Anna Brown, and others
- Length: 8 hrs and 5 mins
- Unabridged
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Therapist and wildly popular attachment research expert Eli Harwood (a.k.a. Attachment Nerd) illuminates attachment theory as foundational to the only parenting approach proven to have a lasting impact.
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PRACTICAL & POIGNANT
- By marley on 10-16-24
By: Eli Harwood
What listeners say about The Dumb Things Smart People Do with Their Money
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- Verónica
- 05-11-24
Amazing, Please do you good and listen!
I highly recommend this book. It was a pity I appeared in some chapters, but of those I am now out of it, I recognize the wisdom in all what is explain. Thank you to the author for working on this book that can save millions of lives, not just money… impact is huge.
I do not live in the US so there might not all apply to me but overall the book gave me lots of tips and huge advise on how I can plan better for my future. Grateful of choosing it.
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- Amazon Customer
- 07-21-20
Actually Useful
A lot of people who write about money make it a mindset thing and act as if they are your life coach. This author actually shares legal tactics and real world advice which is factual and useful for investing. She also shares common pitfalls and the kind of documents needed for specific situations. One of the most useful financial books I have purchase to date.
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2 people found this helpful
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- Bruce Marquez
- 08-09-21
Excellent information
The book is a little wordy, but the information is excellent. I disagree with Jill regarding real estate as an investment, as long as its not bare land. Never invest in bare land! Outside of that, trusting a commissioned financial planner, not passive investing, trying to time the market and the lack of a will are my dumb things. I'm glad I read the book, I'm financially wiser for it.
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1 person found this helpful
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- Joshua Wilson
- 02-24-20
Money advise that makes sense
Get it.
Seriously, this is not a magic trick get rich plan for managing your money. It’s just sensible, level headed real talk about what to do with your money. Definitely recommend.
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1 person found this helpful
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- Booklover127
- 08-13-20
Good Book!
This book had lots of great tips, and I feel safer moving forward with my financial goals after reading it. Thanks for all the great tips!
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- Vitaliy
- 06-03-19
Wow great book
The performance is great and the books it’s self is great. It gave me kick in my ass to get up and doo something and made me review some of the things in my life.
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- MarbleTech
- 11-26-22
Surprisingly insightful
As someone who has read their fair share of personal finance books, and generally expects them to be full of similar advice in many areas, I was pleasantly surprised by the depth that Jill goes into some of the lesser discussed topics. In particular, her section talking about the physiology behind multi-generational financial trauma is something you will find in few other personal finance treatises. Overall an excellent complementary book on personal finance.
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3 people found this helpful
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- tracy
- 03-04-19
great read!
great, relatable, practical advice. Jill's real world story telling illustrate the info well. enjoyed my first audible book
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1 person found this helpful
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- Amazon Customer
- 01-07-20
A must listen to everyone
This as been a very interesting and informative journey with Aunt Jill!
Made me think a lot about my decisions and have a lot of call to actions going forward
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- John Smith
- 02-24-20
Practical real life advice
Practical real life advice. Down to earth. I really recommend this book, professionals make mistakes like these described all the time.
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