Editorial Reviews:
Amazon.com If you are tired of struggling to make ends meet but don't know a 401(k) from Special K, this book is for you. Aimed specifically at "Generation Broke"--those in their twenties and thirties who are working yet buried in credit card debt and student loans--this user-friendly guide offers a clear introduction to practical investing and money management techniques that can turn even a dismal financial situation around. Bestselling author Suze Orman has a knack for taking the fear out of money matters, and in The Money Book for the Young, Fabulous &: Broke, she shows readers how to set priorities and achieve goals, whether it is to buy a house or save for retirement or pay for a child's education. She also offers inspiration to readers to face their financial problems and get started on a solution. After all, there is good news: young people still have the time to correct problems so that they will never be broke again. Readers who find terms such as diversification and IRA rollover scary--or worse, unimportant--will learn much from this book. In these pages, Orman clearly and succinctly explains what a FICO score is and why it's so important, offers the lowdown on stocks and mutual funds, provides career advice, and offers lots of tips on dealing with student loan debt, saving money even when times are tight, debt consolidation strategies, and the safest way for newlyweds to merge their finances. She also offers information on credit cards, including why canceling cards is not a good idea, when it makes sense to use them, and the best strategies for paying them off. It may not be the only money book you'll ever need, but it's an excellent place to start. --Shawn Carkonen All About Suze Orman The Money Book for the Young, Fabulous & Broke is financial expert Suze Orman's answer to a generation's cry for help. An Emmy-award winner, Orman is the author of four consecutive New York Times® bestsellers, The 9 Steps to Financial Freedom, The Courage to Be Rich, The Road to Wealth, and The Laws of Money, the Lessons of Life. 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. - Listen to a special message from Suze Orman.
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Suze Orman: The Bestsellers - The Courage to Be Rich
- The Road to Wealth
- The Laws of Money, the Lessons of Life
| - Suze Orman's Financial Guidebook
- The 9 Steps to Financial Freedom
| - Money Cards: Words That Lead to Wealth
- You've Earned it, Don't Lose It
- The Money Book for the Young, Fabulous & Broke, Audio CD
| Build Your Own Suze Orman Library The Essentials The Laws of Money | The 9 Steps to Financial Freedom | You've Earned It, Don't Lose It | Money Cards: Words That Lead to Wealth | Suze Orman's Financial Guidebook | Suze Orman's Will And Trust Kit | Pep Talks: Suze Orman Audios The Courage to Be Rich, CD | The Road to Wealth, CD | The Laws of Money, the Lessons of Life, CD | The Courage to Be Rich, Cassette | The Road to Wealth, Cassette | The Laws of Money, the Lessons of Life, Cassette | Bestselling Suze Orman Books on DVD The Laws of Money, the Lessons of Life, 2003 | The 9 Steps to Financial Freedom, 2004 | The Road to Wealth, 2004 | The Suze Orman Collection, 2003 | The Courage to Be Rich | The Best of the Suze Orman Collection, 2004 |
Book Description 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" 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. |
Customer Reviews
0 of 0 people found the following review helpful:
Good Basic Info for YFB, Aug 26, 2023 This book is pure Suze Orman. This book gives basic valuable financial information to young adults 20-30 years old. While much of the information contained is a little too simple for anyone with a little experience, it's a great starter book for those who only know that they don't know much.
0 of 0 people found the following review helpful:
Practical advice to go from rube to shrewd, Aug 25, 2023 I'm almost 30 years old, and I've been frustrated that I seem to be a hamster on a wheel when it comes to finances and getting ahead professionally. I first wandered into Suze Orman's website when I was looking to find out my FICO score, and I then picked up this book after that. This book has a wealth of practical knowledge for those trying to get started in the real world, and I wish that I had read it when I was coming out of college. The book wisely assumes little knowledge on how to go about making choices that will pay off in the long term. Much of the nuts and bolts information of kinds of retirement plans and the value of a FICO score can be found elsewhere. Yet the tone of this book is clear and easy going even as it deals with real choices and heavy decisions; that approach really worked for me. Some of the suggestions were little practical things that I would not have thought of elsewhere. The little step of trying to "practice" in a savings account before taking on new bills is wise. Her suggestions for prioritizing how to save were helpful. I found her attitude towards credit cards to be creative yet realistic. Use credit cards for something that you'd be willing to pay double the price, and do accept that some debt may be necessary initially to be able to work in a field related to your mission that allows for potential advancement. I think that many people my age see debt as a purely black and white issue: either it's evil and to be avoided at all cost or it's free money to satisfy your "needs".
I gained a lot from this book, and it's sparked some good conversations with my girlfriend as we determine whether our relationship can stand up to the long haul. I recommend this highly to anyone who feels they have more to learn about financial decisions.
--5 stars
SD
0 of 1 people found the following review helpful:
Very helpful, Aug 23, 2023 Great book gives a lot of tips, great methods for improving your credit rating. Written in a tone thats easy to follow. Only thing missing is a section for people who have already filed bankruptcy.
0 of 1 people found the following review helpful:
Fantastic Useful Information, Fun to Read, Aug 22, 2023 This book, is really for a broke person who is intent on financial comfort and success. I am honestly broke and this booke has imparted hope that I can still purchase all those big ticket items that seemed so elusive, as well as prepare for retirement and children, even though I am still in school.
3 of 3 people found the following review helpful:
Excellent!, Aug 20, 2023 Have briefly watched Suze Orman's TV show several times, and couldn't stand it. This book, however, is outstanding. She has compiled a wealth of information (including various important government loan program details) for those just starting out after college. I wish it had been available for me just after I graduated!
Topics included are an explanation of one's FICO score and what to do about it, strategies upon beginning a job, buying a car, buying a home, retirement funds, and handling student loan repayments.
I think the only thing Suze missed was how to get the MOST reliable new or used car - look in Consumer Reports. (She did, however, encourage getting a used car certified by the manufacturer - excellent advice.)
Am so impressed I'm going to find one of her other books that targets people in my life-stage.
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