The Money Book for the Young, Fabulous & Broke
The Money Book for the Young Fabulous Broke Author:Suze Orman A financial guide aimed squarely at 'Generation Debt' -and their anxious parents- from the country's most trusted and dynamic source on money matters — The Money Book for the Young, Fabulous & Broke is financial expert Suze Orman's answer to a generation's cry for help. They're called 'Generation Debt'... more » and 'Generation Broke' by the media-people, in their twenties and thirties who graduate from college with a mountain of student loan debt and are stuck with one of the weakest job markets in recent history. The goals of their parents' generation -buy a house, support a family, send kids to college, retire in style- seem absurdly, depressingly out of reach. They live off their credit cards, may or may not have health insurance, and come up so far short at the end of the month that the idea of saving money is a joke.
This generation has it tough, without a doubt, but they're also painfully aware of the urgent need to take matters into their own hands.
The Money Book was written to address the specific financial reality that young people face today, and it offers a set of real, not impossible, solutions to the problems at hand and the problems ahead. Concisely, pragmatically, and without a whiff of condescension, Suze Orman tells her young, fabulous & broke readers precisely what actions to take and why.
Throughout these pages, icons direct readers to a special YF&B domain on Suze's website that offers more specialized information, forms, and interactive tools that further customize the information in the book. Her advice at times bucks conventional wisdom (Did she just say use your credit card?) and may even seem counterintuitive (Pay into a retirement fund even though your credit card debt is killing you?), but it's her honesty, understanding, and uncanny ability to anticipate the needs of her readers that have made her the most trusted financial expert of the day.
Over the course of ten chapters that can be consulted methodically, step by step, or on a strictly need-to-know basis, Suze takes readers past broke to a secure place where they'll never have to worry about revisiting broke again. And she begins the journey with a bit of overwhelmingly good news (yes, there really is good news): Young people have the greatest asset of all on their side-time.« less
This is a great book for anyone with financial difficulties. It covers the basics for everyone. This book covers credit reports, what that means to you, and how to improve; career moves, credit cards, student loans, savings, retirement, investing, big-ticket purchases and more. It's great for anyone starting out or needing a refresher course on finances. This book is a gift for my son and his fiance, who are in the military and will be starting out on their own soon.
Shanell D. reviewed The Money Book for the Young, Fabulous & Broke on
Helpful Score: 1
really enjoying. finally a financial book for those of us right out of school and have no idea what a FICO score is or that letting your school loans lapse is a VERY bad idea. I would really recommend this book to all of us that are young fabulous and BROKE!
This book turned my financial picture around 180 degrees! From $20,000 student loan debt, $15,000 credit card debt, and not sure how to dig out...to all loans paid off, new car purchased, retirement started, emergency savings built up, and house bought. Very helpful!!