All the Presidents' Money: How the Men Who Governed America Governed Their Money [B0102]

2024 HCDJ 1st edition. A journey through the personal money stories of the US presidents and how they built wealth-or didn't. Was Harry Truman really our poorest president or simply a man up at 2 a.m. struggling with financial anxiety? Did Calvin Coolidge get bad advice from his stockbroker to buy stocks in 1930 as the market continued to crash? Is it true George Washington enhanced his net worth by marrying up? We often think of the US presidents as being above the fray. But the truth is, the presidents are just like us-worried about money, trying to keep a budget, and chasing the American financial dream. While some presidents like Herbert Hoover and Gerald Ford became wildly successful with money, others like Thomas Jefferson and Joe Biden struggled to sustain their lifestyle. The ability to win the presidency is no guarantee of financial security, although today it's a much easier path to monetize. In All the Presidents' Money, tax attorney and wealth manager Megan Gorman takes us on a journey to understand the different personal money stories of the presidents. Grit, education, and risk are just some of the different ways that the presidents over the last 250 years have made (or lost) money. With lively storytelling and rigorous research, All the Presidents' Money reveals how some of the greatest leaders are the worst money managers and our least favorite presidents are good at making money.

From Amazon/GoodReads reviews: "Reading Megan Gorman's All the Presidents' Money is almost like peering into the private vaults of American presidents. Fascinatingly, the book provides real insight into how those who led America managed their money and how financial decisions influenced the course of their respective political lives."; "Interesting book. It couples how each President approached personal finances with historical perspectives and tips to think about in your own situation. To be clear, this is not a financial planning book. It is snapshot on what worked - and didn't - for the men who occupied the White House, but it is thought-provoking."