Financial Self Defense

Financial Self Defense
by Charles J. Givens

Financial Self Defense
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Book Summary Information

Author: Charles J. Givens
Edition: Paperback
Audio: English (Unknown); English (Original Language); English (Published)
Published: 1995-04-01
ISBN: 0671516906
Number of pages: 528
Publisher: Pocket

Book Reviews of Financial Self Defense

Book Review: Saved $15,000 in our first year!
Summary: 5 Stars

I first heard of Charles Givens in the early 1980's while vacationing in Orlando, Fl. Givens was even then preaching "Wealth without Risk" and investing in real estate.

Interesting is that Mr. Givens suggested that there were only two places in the country that he would invest in, Washington, D.C. and Orlando, Fl. because he felt they were recession proof.

When I look at the appreciation of homes in the nations capital and America's favorite vacation spot over the last 23 years, the man was obviously 100% right!

Unfortunately we were not in a position to invest in real estate at that time so did nothing with it.

Several years later while browsing a book store we saw Mr. Givens first book Wealth without Risk. Again, regrettably we passed at least initially.

My spouse and I had started two successful businesses and thought we were doing pretty well and bettering ourselves financially. Then I realized that we were only living at a higher level of poverty. I decided to learn what I could about investing. As I began my crusade and called and talked with different "professionals" I found the more I listened the more confused I became and reluctant to make a change. My fear was that I would probably end up losing everything and so I did nothing.

A few years later I saw Charles Givens being interviewed on the Oprah Winfrey Show, as a self made millionaire. His book, "Wealth without Risk" had become the hottest, best selling financial book of all time and now he had a new book "Financial Self-Defense" which had already zoomed to best seller status.

As I listened to Mr. Givens, this time he wasn't just talking about real estate but practical, money saving strategies, mutual funds, reducing taxes and personal finance strategies.

I remember Givens saying "that your income is not your wealth, only potential wealth. Real wealth comes from investing and the proper use of money stratgies." I could kick myself and I wish I had listened to him years before.

He then talked about "cutting your automobile insurance by 50%", "purchase term instead of whole life insurance", "use the 10% solution" "invest with no commissions" "earn 20% or more per year safely" and so on. Mr. Givens also talked about the misleading information we get from so called experts that we typically trust. That got my attention as I had experienced that personally. I started to wonder how much more I didn't know so went out and bought "Financial Self-Defense" and "Wealth without Risk."

By using just three of the strategies, we saved over $15,000. Then I recalled something Mr. Givens used to say; "If you think the bill for education is high, wait untill you get the bill for ignorance!"

For the price of about a meal, I tapped into Givens 20+ years of experience and $3 million worth of mistakes. And we saved over $15,000 in mistakes that we had been making prior to reading Charles Givens.

If you want it, you can do it too. I'm ready for a lot of "Financial Self-Defense" How about you?

Summary of Financial Self Defense

An easy-to-use guide offers advice on managing personal finances as a means of accumulating wealth, and presents 186 low-risk strategies that enable readers to recognize expensive traps set by banks, insurance companies, and the government. Reprint.

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