You’ll probably notice Money-Savin’ Mama likes to cite advice from several different personal finance gurus, such as Suze Orman, Dave Ramsey and Clark Howard. These are advisers I’ve found to offer sound, easily accessible guidance, which is probably the reason they gained status in this field in the first place.
If you’re interested in learning more about money management, there are plenty of resources out there, from people with familiar names. But each does seem to have his or her own niche. You may find the advice of one to be more applicable than others.
So today I’m going to give a quick synopsis of some of these gurus, what they’re known for, a sampling of their writings, and how they could help you. Let’s call it the “Know Your Celebrity Financial Adviser” guide.
Here they are, in no particular order …
Who: Suze Orman
Where you see/hear her: “The Suze Orman Show,” Saturday nights on CNBC, on “Oprah’s All Stars,” and as a regular guest of “The View” and “Today”
What she’s written: “The Money Class” (2011), “Action Plan” (2010 and 2009), “Women & Money” (2007), “The Money Book for the Young, Fabulous & Broke” (2005)
What she preaches: “People First, Then Money, Then Things.”
Who: Clark Howard
Where you see/hear him: “The Clark Howard Show,” Saturdays and Sundays on HLN; “The Clark Howard Radio Show”
What he’s written: “Living Large in Lean Times” (2011), “Clark Smart Parents, Clark Smart Kids” (2005), “Clark’s Big Book of Bargains” (2003), “Get Clark Smart” (2002)
What he preaches: Consumer knowledge and empowerment, saving money
Who: Dave Ramsey
Where you see/hear him: “The Dave Ramsey Show” (radio); Financial Peace University courses held at several area churches
What he’s written: “EntreLeadership” (2011), “The Money Answer Book” (2010), “The Total Money Makeover” (3rd edition, 2009), “Financial Peace Revisited” (2003)
What he preaches: Get out of debt, using “God’s and grandma’s” principles; “If you will live like no one else, later you can live like no one else.”
Who: Jim Cramer
Where you see/hear him: “Mad Money,” weekdays on CNBC
What he’s written: “Getting Back to Even” (2009), “Real Money: Sane Investing in an Insane World” (2009), “Stay Mad for Life” (2007), “Mad Money: Watch TV, Get Rich” (2006)
What he preaches: How to analyze stocks and the market to make money and become a better investor
Who: Gail Vaz-Oxlade
Where you see/hear her: “Til Debt Do Us Part” and “Princess,” CNBC
What she’s written: “Debt-Free Forever” (2010), “Woman of Independent Means” (2001)
What she preaches: Take control of your money and your life; operating on a cash budget
Perhaps one of these advisers will speak to you more than others. Or maybe you’ll pick up useful tips from several of them. I think the key is making sure their advice makes sense to you. Don’t blindly follow any advice, regardless of how famous the advice-giver is.
Who’s your favorite celebrity financial adviser? Who else has advice that you found worthwhile?