patrick.net

her information is a little bit dumbed down but I watch just for entertainment.

White people are no less dumb than other people about managing their money. Who is usually poor at managing money is the person who loves shopping, credit cards, and keeping up with the Joneses. I dated a Japanese woman who is an MBA and was a complete fool with her money. I know an MBA from Beijing who lost a fortune on a penny stock, another Chinese lady who lost a restaurant, stocks, and was foreclosed on a house in Vegas. I know a Mexican woman who of course is deeply in credit card debt. When I look at Suze Orman's audience on TV it appears to be fat women, who by definition have no self control. The guys on Wall Street and running big banks are usually white men, and they've done pretty well by the look of it. I think PBS is a certain audience, HOPING to get something educational from the TV shows. Actually, I remember that they used to call Public Television "educational television". I agree Suze spends a long time babbling about nothing much. I'm a white man, and my financial advice to men would always be "Do not let a woman make your fiancial decisions for you." Exceptions surely exist, I am aware of the frugal women out in the universe. They're still hoping to find a rich man however, since frugality is not fun for them.