Picks and Pans Review: Why Women Sabotage Their Financial Security

updated 08/03/1998 AT 01:00 AM EDT

originally published 08/03/1998 AT 01:00 AM EDT

by Colette Dowling

With royalties from her 1981 bestseller, The Cinderella Complex, Colette Dowling began spending like mad. But as her country house was going up, her financial house came tumbling down. Unable to pay an $80,000 tax bill, she was forced to sell her home and live on a budget—her first ever. In this painfully honest book, Dowling maintains that she and other independent women—from Gloria Vanderbilt to the Duchess of York—overspend because they are subconsciously waiting for men to bail them out. Dowling managed to kick her habit (she furnished her new pad at Crate and Barrel) and started getting her jollies by paying in cash and on time. It's a model from which we can all profit. (Little, Brown, $23.95)

Bottom Line: An eye-opening survival guide for women on the financial brink

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