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Nice Girls Don't Get Rich: 75 Avoidable Mistakes Women Make with Money

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3.63  ·  Rating details ·  735 ratings  ·  96 reviews
From the author of the bestselling Nice Girls Don't Get the Corner Office comes an examination of 75 avoidable mistakes women make with money.
Hardcover, 265 pages
Published May 10th 2005 by Business Plus (first published April 15th 2005)
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3.63  · 
Rating details
 ·  735 ratings  ·  96 reviews


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Gwen
Sep 02, 2016 rated it it was ok
Recommended to Gwen by: Read Harder Challenge 2015: a self-improvement book (can be traditionally or non-traditionally considered "self improvement")
I'm not sure who this book's intended audience is. Maybe women of a certain age and of an upper middle-class background who are recently divorced or widowed, and are just now having to learn about how to manage money? The expectation throughout is that there is money, including inheritances, which seems odd today—11 years after the book was published, after a global recession, after the hollowing of the middle class, when the stock market no longer has historical returns of 10.4 percent annually ...more
Vonetta
Dec 31, 2008 rated it it was amazing
This book changed my life. I couldn't put it down. I'm the kind of person who thinks that thinking like a man is beneath me, but I guess it makes sense with regards to money. It made me think about the real reasons why I spend (elliciting some self-induced Dr. Phil moments), but it has inspired me to be more cautious about how I spend. I mean, I can't even walk into a store without experiencing cognitive dissonance or thinking about the condo that I so desperately want to purchase in the next 7 ...more
Joanna Vaught
Nov 10, 2008 rated it it was ok
60 of these 75 mistakes are so obvious that, frankly, if women are really making these mistakes on a regular basis, they shouldn't even be allowed to have money. i wanted a book that told me practical ways to invest and save, not bullshit advice like: "stop shopping!" and "don't give money away!"
Evelyn
Jun 21, 2017 rated it liked it
While there are many great tips in this book, I realized as I read that I don't actually want to be the kind of rich that Lois Frankel talks about. She cautions readers to only lend money to friends and family that we know will repay it. She also reminds us to charge our friends and family members for our services. My friends and family members make my life rich, and that means much more to me than the number at the bottom of a balance sheet.
The first chapter, titled Women and Wealth is a very g
...more
Tejumade
This is an interesting book, with an interesting title. But it seem it's just reminding me of everything I already know. I like the title though, so I put the book in a conspicous place on my Book-shelf- seeing the title everyday put me in check from going overboard..
Brandee Spears
Nov 07, 2012 rated it really liked it


If you looking for inspiration to get started on changing your financial lifestyle, this is a great start. If you're looking for an overall how-to for investing, this isn't the book for you. It's sort of like Rich Dad, Poor Dad but aimed at I powering women.
Kristen
Feb 14, 2019 rated it liked it
Nothing great in here. Very basic information. Could be helpful for high school or college aged people.
Alexandra
Aug 09, 2017 rated it really liked it
quick, effective read - though a little meh on novel ideas.
Diana
Nov 23, 2007 rated it really liked it
Recommends it for: all women!!
Shelves: read-it-keep-it
This book carries the same message as Destiny's Child's Independent Woman Pt. 1 song. Except for the 'only ring your celly when I am feeling lonely, when it's all over please get up and leave.' That happens to be my favorite lines, though. LOL.
Working in a bank helps me to be smart in investing. I got to know where to put my money in the right investment which will help me to get rich hahaha well, you have to let your money work for you, no?
And I think, being financially independent is a must
...more
Mireille
May 30, 2015 rated it liked it
I read the translated version of the book, in Finnish, which made some of language seem off; either condescending or simply nonsensical as direct translations of phrases often don't work.
Aside from that since the translation is obviously not part of the original deal you get with a book: most items in the book are pretty darn obvious. There are next to no actual investment tips and the examples "from real life" are often of people who are already extremely privileged. If you have 10,000 USD to i
...more
Stephanie
Apr 26, 2011 rated it liked it
Shelves: money
Some tips were great to read at this time in my life. I need to greatly consider whether or not we pay off our mortgage early and this book is leaning me towards researching other options.

Other tips were less relevant or more obvious. Like don't let your adult children leech off of you, but I'm sure there are plenty of retirement age people wondering what the hell happened.

Not a bad book, but I didn't find it particularly revelatory.

I did like her all-inclusive approach to picking topics and lis
...more
Michaela
Jan 27, 2019 rated it really liked it  ·  review of another edition
I feel like this is a great book for young women who lack the motivation and the necessary knowledge to start responsibly managing their money.

What I particularly liked about the took is that it has a very well organized structure: each habit is listed with a title, a description, sometimes even a short story, and with a few practical coaching tips - this made the book easier to read and digest. Additionally, not only did it provide advice, but it also motivated me to get more educated on the t
...more
Meredith
Apr 06, 2018 rated it really liked it
Much like her other book, Nice Girls Don't Get the Corner Office, this book is built in a bullet-list style. It's a quick read that has really good advice. If you listen and implement her suggestions, you'll be on your way to a wealthier future. Hopefully the book reduces some of the fears people feel when they are faced with making changes to their ways of thinking, behaving, and planning for the future.

I've passed a few of these ideas along to family friends I thought might benefit. I suspect
...more
Laura Fulton
Sep 15, 2018 rated it really liked it
Shelves: library
I saw something on Pinterest awhile back that I was reminded of while reading this book- it went along the lines of “if you think I’m buying coffee out every day, you already think I make more money than I actually do.” Or something to those lines.

While many points in the book would instantly make me think of specific instances in my own life, and the lives of my friends, I got a touch defensive during parts of it because she had the tendency of acting as though women were making financial “mis
...more
Leanne
Nov 16, 2017 rated it really liked it
Absolutely loved this book. It gave me a metaphorical kick up the backside to find out more about where I stand with my pension and so on.

I removed a star because it's very U.S. centric and I'd love to read the British version, so feel free to suggest.

Also some of the advice is not going to be suitable unless you're already wealthy, such as one of the tips on setting up a foundation.

It's pretty difficult finding a female financial advisor though I've come across some good British sites aimed at
...more
Ayeesha Kanji
May 09, 2019 rated it it was amazing
An excellent read, love the coaching tips.
Jasmine
Jun 06, 2018 rated it it was amazing
This was my first financial/self help book I have ever read. I'm glad I decided to pick up this one first because it made me look at my life completely different.
Francesca Escamilla
Woman's Must Read

Stop being a nice girl, so you can be a rich one! This is the ideal behind the book. The author goes on to list many mistakes women make and how to avoid or fix them. Don't be a pushover and the main lesson, educate yourself about financial information in general. Overall, women don't know what we should know to make the best decisions for ourselves. Not a page turner by any means but very informative.
Jenny
Dec 08, 2016 rated it it was ok
Although there is some sound advice in this book, some of it is completely ridiculous for the average reader. Starting your own foundation? A majority of the women reading this book are not going to be so well off that they can just up and start their own foundation.

There were some solid attempts to be inclusive to non-straight women, but for the most part focused on straight women in traditional gender roles in their relationships.

The most valuable part of this book for me was advice on the am
...more
Bridgette
Jan 28, 2015 rated it liked it
I guess the operative word here is girls. I found the advice to be sound. However, I have always been independent and managed my own income, so much of the book did not apply to me. Also, since my early twenties I have made sure to educate myself on how to manage income and investments and to understand the language of it. A few items toward the end of the book were good reminders to me that it is again time to reevaluate my current investments. I recommend this book for younger women are those ...more
Laurie
Jul 03, 2012 rated it really liked it
I liked this book, but not as much as "Nice Girls Don't Get the Corner Office." After taking the self-assessment at the beginning of the book, it was clear I needed help. But this book was written 10 years ago and did feel a little dated. Who balances their checkbook anymore because who uses checks? Some of the questions in the assessment were not relevant to me either, so it did make it hard to take. I think this book is not so much for young women but more for women of a certain age who are lo ...more
Doris
Jul 16, 2011 rated it liked it
I enjoyed this book for the most part. Skipped over some of the topics. I like how the author identifies myths that women grow up with. For example, the idea that a woman doesn't have to be concerned with financial planning because they can always marry a rich man. Frankel offers practical advice and encouragement for women in all stages of life. I don't have a traditional job so some of the information was not relevant for my situation, but overall it was a good, thought provoking read. I like ...more
Tricia
Apr 26, 2016 rated it really liked it
This book is a great resource to point you in the right direction to take control of your financial future. I've learned a lot from it, sone things that I never thought of before, and plan to keep it as a reference tool in the future. My only negative comment is that it needs to be updated - some of her advice is using outdated tools and resources. But overall, a lot of great advice and suggestions.
Emily
Jan 28, 2013 rated it liked it
Shelves: non-fiction
I enjoyed this book, Lois Frankel had some great ideas and tips. Some of the things were pretty common sense to me, but perhaps they're not to everyone. I think the thing I found the least helpful about this book has more to do with the fact that I don't have a full-time job with a disposal income and such. And that's not the author's fault. I'm sure that if I were reading this a couple of years from now it might be more useful.
Kate
Oct 30, 2013 rated it really liked it
So I didn't actually finish this - because what it taught me is I have failed financial know how 101!! I avedly read the bits that I clearly required and then took myself off to the net to find myself some useful and slightly less advanced information to be getting on with.

It was a game changer for me (wohoo) her first chapter on learning what you don't know, a real epiphany and hopefully she has got me headed in the right direction!

A big thank you and shout out to Lois P. Frankel xxx
Katrina
Aug 05, 2008 rated it it was amazing
A fabulous complement to Nice Girls Dont Get the Corner Office. We all know money doesn't buy you happiness, but neither does poverty. Women are constantly bombarded by messages that we aren't supposed to have the money that men do- money is power and women aren't supposed to be powerful. Bull. Learn how to acquire, manage and invest your money.
Aimee
Aug 12, 2008 rated it liked it
Recommends it for: Women who want to secure their financial futures
Recommended to Aimee by: Sheila
Shelves: 2008
Overall I liked the way this book was laid out. It didn't just tell you what you're doing wrong, it gave at least 3 tips for success. Some of the "mistakes" were the basic variety of not being assertive and asking what you're worth or shopping too much, but there were some others that weren't the usual variety.
Valerie
Aug 14, 2007 rated it it was ok
Shelves: self-help
Informative but repetitive. Not as impressed with this book as I was with "Nice Girls Don't Get the Corner Office." I think the author just didn't have enough material and ended up regurgitating information towards the end. However, I will look into the book recommendation made throughout the book.
Heather
Jul 18, 2008 rated it really liked it
This book follows a similar format to Dr. Frankel other book, "Nice Girls Don't Get the Corner Office." It's an easy to read format with common sense but helpful information. It's a good book for all females (and even males) to get practical skills (or a refresher) on planning and preparing well for the financial future.
Elyssa
Feb 13, 2008 rated it liked it
Shelves: non-fiction
Another book from my female VP mentor--all of the women in my office are passing around and reading these Lois Frankel books with the hope of getting ahead!

This book is chock full of good information, but I already knew most of it from seeing a financial adviser and reading other money management books. Still, it's good book because it is well organized with bite size pieces of advice.

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Dr. Lois Frankel, President of Corporate Coaching International, a Pasadena, California consulting firm, literally wrote the book on coaching people to succeed in businesses large and small around the globe. Her books Nice Girls Don’t Get The Corner Office and Nice Girls Don’t Get Rich are international bestsellers translated into over twenty-five languages worldwide. Stop Sabotaging Your Career, ...more
“No one can take better care of you than you yourself.” 10 likes
“Learning money basics.

Don't marry for money. You can borrow it cheaper.”
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