Suze Orman: "The American Dream is Dead"

Photo of Suze Orman courtesy of Getty Images

By: BROOKE NIEMEYER
Financial expert Suze Orman proclaimed to a crowd at Barnes and Noble in Union Square last night that the American Dream is dead.

"The old American Dream is dead -- the dream where bigger, better, and more was the goal," Orman said Thursday night. "Those days are dead for the majority of America and I think that's great because it's a waste. It's a waste of energy. It's a waste of space. It's a waste of money that you were earning."

She added, "We have now entered what I'm calling 'the New American Dream,' which is a dream where you value who you are over what you have. You value your money more than the things your money can buy."

She released her 10th book, "The Money Class: Learn to Create Your New American Dream," this week and said its major theme is "to stand in your truth in every action, every word and every thought that you think."

"If you always do what is true all the time, I promise you will attract more love to you than you will ever have any idea what to do with," Orman said.

Orman answers viewers' questions about money and investments as the host of her CNBC program "The Suze Orman Show," as well as on segments of the "Today" show, but says her new book will give readers the financial education they need to have.

"You have got to read this book and take notes," Orman said. "When you open it up, the class is in session and it's going to be a class you won't want to miss."

This story ran on NBCNewYork.com's NiteSide.