5 Star Review
Click HERE to Purchase Your Copy Today!
Editorial Book Review:
By Steph Orion
Megan Gorman provides an engrossing analysis of the complex connection between the financial choices made by US presidents. This enlightening book explores the financial history and economic policies of the country's leaders, showing how their decisions have impacted American culture and the direction of the nation.
Gorman skillfully uses a story-based method and a lot of research to make even the most complicated financial ideas easy for a lot of people to understand. Each chapter is about a different president and talks about their political and economic plans as well as their own financial problems and successes. With the use of this dual lens, readers may understand the profound effects that even the most individual decisions can have on society as a whole.
One of the book’s strengths lies in Gorman’s ability to draw connections between historical events and contemporary issues. She discusses in her speech how the economy and the day-to-day lives of Americans are still impacted by the decisions taken by previous presidents. Gorman examines issues such as how the New Deal altered contemporary humanitarian initiatives and how Nixon's removal of the gold standard altered global trade. These links show how important presidential choices about money are for a long time.
Moreover, Gorman brings a unique perspective by integrating anecdotes and lesser-known facts about the presidents’ personal finances. Readers will find intriguing stories about how George Washington struggled with debt, how Andrew Jackson's financial practices influenced the banking system, and how Ronald Reagan's fiscal policies set the stage for future economic debates.
In addition, Gorman's approach addresses more general issues including economic disparity and the role of money in politics. She challenges readers to think about how the financial behaviors of previous leaders have influenced the current state of socioeconomic inequality. This critical analysis not only increases the book's applicability but also promotes deliberate contemplation on the duties of leadership.
Good book to read if you are interested in history, business, or political science. This book is both educational and fun to read because Gorman did a lot of study for it and wrote it in an interesting way. It's a strong reminder of how decisions made in the White House touch people all over the country and will continue to do so for many years to come. This book is highly recommended for people who want to learn about the money that U.S. leaders left behind.
About the Author
Megan Gorman
Megan Gorman is the founder and managing partner of Chequers Financial Management, a female-owned high-net-worth tax and financial planning firm in San Francisco, California. Megan’s clientele ranges from entrepreneurs to corporate executives to inheritors of family wealth. An attorney by training, she is passionate about the problem-solving required to work in the world of complex financial planning. Megan has been named to the Forbes 2022 and 2023 lists of America’s Top Women Wealth Advisors—Best in State.
Megan spent the first twelve years of her career as a Vice President at Ayco, A Goldman Sachs Company. She was also a Vice President at BNY Mellon Wealth Management prior to launching her own firm. She has a BA in History from Bryn Mawr College and a JD from Rutgers School of Law.
She is a senior contributor at Forbes and writes on personal finance and income tax. She is frequently quoted across prominent financial media outlets, including the Wall Street Journal, the Washington Post, CNBC, and US News.
Megan is currently serving on the Board of Trustees for the National Endowment for Financial Education (NEFE). She is chairwoman of the Investment Committee for the $200 million endowment.
Comments