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The Bag Lady Papers - The Priceless Experience of Losing It All (Hardcover)
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The Bag Lady Papers - The Priceless Experience of Losing It All (Hardcover)
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In December 2008, my worst nightmare came true . . . How do you
pick yourself up after the one thing you most feared happens to
you? Alexandra Penney's revealing, spirited, and ultimately
redemptive true story shows us how. Throughout her life, Alexandra
Penney's worst fear was of becoming a bag lady. Even as she worked
several jobs while raising a son as a single mother, wrote a
bestselling advice book, and became editor in chief of Self
magazine, she was haunted by the image of herself alone, bankrupt,
and living on the street. She even went to therapy in an attempt to
alleviate the worry that all she had worked for could crumble. And
then, one day, that's exactly what happened. Penney had taken a
friend's advice and invested nearly everything she had ever
earned--all of her savings--with Bernie Madoff. One day she was
successful and wealthy; the next she had almost nothing. Suddenly,
at an age when many Americans retire, Penney saw her worst
nightmares coming true. Based on her popular blog posts on The
Daily Beast, this memoir chronicles Penney's struggle to cope with
the devastating financial and emotional fallout of being cheated
out of her life savings and illuminates her journey back to sanity,
solvency, and security. "I will work harder than I ever have
before--which was pretty hard indeed--and see what happens. I have
the feeling something good will come of it: tough, challenging work
and laserlike focus have always paid off for me. . . . Was it
better to have it and then lose it? Yes, yes, yes Even though I
lived with horrible bag lady fears of losing it all, now that those
financial fears have materialized, I'm in pretty good shape and
looking to what's next. Experiences--good and bad, exciting and
boring, tragic and absurd--make up a life. Not to have lived to the
fullest is the saddest, most irresponsible life I can think
of."
--- from The Bag Lady Papers
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