Why Everything You Know About Saving Money is Wrong

Buying Small "Luxury Items" Isn't the Reason You Live Paycheck to Paycheck

Things Are Not As They Seem

You too can be a millionaire!

Everyone knows all it takes is a little disciplined saving and some shrewd investment, and your retirement will take care of itself. Just skip your daily latte, invest those savings, and let the miracle of compound interest do the rest. Right?

Not so fast, says journalist Helaine Olen, whose new book Pound Foolish: Exposing the Dark Side of the Personal Finance Industry argues that the financial services industry has long been selling what, for many, is an impossible dream. 

Olen took a few minutes last week to answer some questions about her book and her take on personal finance. Her answers might just change the way you think about and handle your finances.