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.
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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
!-- end6pak --> Build Your Own Suze Orman Library The Essentials !-- begin6pak -->
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
!-- end6pak --> 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
!-- end6pak --> 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
!-- end6pak -->
"A financial guide aimed squarely at 'Generation Debt' -and their anxious parents- from the country's most trusted and dynamic source on money matters. You've got student-loan debt that is a multiple of your entry-level salary. An obscene amount of your take-home pay goes out the window every month for rent on a dinky apartment in a cool neighborhood. Lucky you have that credit card with the ever-increasing charge limit! How else could you afford those fabulous shoes? 'Hey, guys, the next round's on me!' What difference does it make? Your goals are totally unattainable and the idea that you'll ever get control of your money is ludicrous, so why even try? Okay. It's scary. Suze Orman knows you better than you know yourself. And now, the world's most trusted expert on personal finance, the #1 New York Times-bestselling author, is going to break it down for you. Whether you're twenty-five and single, a thirty-year-old newlywed, or married with kids and a mortgage at thirty-five; whether you're broke or making ends meet; whether you're financially aware or financially clueless, Start Smart was written with you in mind. Beginning with a quick diagnostic section that tells you where you are (vs. where you think you are) and outlines your priorities (1, 2, 3...) for getting out of the red and into the black, Start Smart acts as a sort of 'route planner,' identifying the easy money moves to get you on the road to recovery and within reach of your dreams. If you've never cracked a financial book in your life, if you can't deal with the unwieldy, impenetrable tomes currently on offer, if you've zoned out every time a parent has tried to share some wisdom about money-Start Smart is the book you need. You will learn: - how to get a grip on credit card debt - why student-loan debt is not the worst thing in the world - how your credit score plays into nearly every financial move you will ever make - how to make the most of the benefits that come with your first real job - how to buy your first home - what you need to know before you move in together - what kind of insurance-auto, home, renter's, health-you need and what you don't - what to do if you're self-employed "
Excellent, Concise Information or great to use as a financial review! This product is hands down one of the best financial books out there. It teaches you how to avoid the pitfalls of money that so many of us are ignorant to and prepares you in your young adult life for a "Young, Fabulous, and RICH" retirement! This woman really knows what she's talking about!!! It's also great to have as a financial resource in your library or even to read as a review if you've been out of touch with personal finance options recently. A+++++++...more info
Great Book I think that this a great book for those people who are just starting out in life. There is useful information in this book for those who have credit trouble and need to build themselves out of debt....more info
Advice from a 20 yr old fabulous not-so-broke college student This book was amazing! Suze always delivers her advice with a bit of humor, some common sense, and language that anyone can understand. After each chapter that describes the basics of all money matters, there is a section of questions that are very similar to problems I hear from friends all the time. A great book that should be on every college student's list....more info
Fabulous Every student in college should read this book. I read it twice in one week, then passed it on to my boyfriend and my friends. We are all now very interested in our finances and together, plan our financial futures. We are MUCH more secure for what lies in store for us. Thank you, Suze. You make everything so simple to comprehend....more info
Great for the just starting This is a good book to read if you have not read other Suze Orman's books. Since this book covers basics about the financial planning, investments, debt, and savings you might find it repetitive if you have read other Suze's books. However if you have no idea about IRA accounts, 401(K) plans, FICO score, etc. this book will be a good start in educating yourself.
Orman explains how the credit ratings work, how to work students' loans, how to maintain you banking accounts, how to manage you debt, how to maximize your career opportunities, how to buy a house, and how to retire. Like all Orman's books, this book is very easy to read. Each chapter provides a summary with a checklist that makes sure that the readers did not miss anything important.
If you feel like you still have some unanswered questions, which of course you will, you can go on the website for the readers where Suze answers selected questions. This book is a great help for everyone who is just graduating from college and starting independent life. It would be a great gift for getting on their feet kids.
Great book! This book was easy to read. I liked the format. It had some great tips on retirement, credit cards, and auto purchasing that I will definitely be using. My only dislike was that she assumes all of her Y, F, & B readers are all college graduates who are just starting off and will eventually be making a decent salary. What about young adults who left school without finishing their degrees and are stuck making barely over minimum wage? ...more info
Excellent book on finances for those staring out Great book for those stating out... helps you decide which you should do first. It's hard to think savings when you haven't made much money yet and you have debt. Suze breaks it down into simple steps to follow (remember it does take time).
Extremely Helpful for someone recently graduated from college I just finished grad school, and find myself with a massive amount of both personal and educational debt. I was feeling particularly helpless and unsure about the best way to handle my financial situation. Reading this book has help me put a plan in motion, beginning with taking control of my credit card debt. I highly recommend this book to people in similar situations, as well as to anyone who wants to get control of their life. ...more info
Fabulous book! I checked this book out of the local library, seeking a little financial advice. I liked it so much that I bought a copy for each of the college interns working at our CPA firm this spring. This book is great for those just getting a start in the world. Had I had this book at age 20, I might not be fighting to pay off so much debt today. Also has info useful for those who are not-so-young anymore....more info
Fantastic Book This book gives you the ins and outs of personal finance. Things you think are common knowledge but you actually always overlook.
If you are going to college or a recent college graduate this book is perfect for you. It gives you the information needed to stay out of financial trouble and how to fix trouble that you have made; and if you're not in trouble it will help you better your situation.
To me the most valuable parts are knowing your credit score, how to save money, how to pay down your debt, and everything you need to know about student loans.
Lastly this isn't a drab or dry book. The book is written as if Suze is talking to you. Her humor takes the edge off of these sometimes dry topics.
I highly recommend this book. I'll be referencing mine for many years....more info
Just Buy It Most people my age aren't thinking of their financial future but for the ones that want to start a plan....buy this book! You probably won't be able to do everything she recommends but it's a good reference for when you're ready!...more info
Excellent book for anyone! This book helped me a lot. It explained things in a way that I could understand them, without all the financial lingo mumbo-jumbo. This book is good for anyone young or old that needs some helpful tips on savings, credit, and investing. Thanks Suze!...more info
Great Buy this is a really good book.
It provides a lot of indepth knowledge you need in your 20's.
suze is awesome and her insight on everthing from getting your credit together to getting your career together is very helpful.
I would recoommend this book to anyone who is young, fabulous & broke. LOL.
This book is a quick and easy read+ you can just skip to the section that is relevant to your situation.
HIGHLY RECOMMENED!! ...more info
Helpful if you're new at this, null if you're not This is an excellent book if you're starting from point 0. If you have no experience with handling paychecks, bills and budgets - and knowing why you really should have a retirement plan when you're young - this is a great book. It wasn't useful for me in the slightest however. I'm an underling in an investment firm; I hear conversations about these things all the time. I was expecting new insights and ideas, but this is really the basics laid out in basic terms.
Useful Book As a young professional, this book was so helpful in explaining all the different financial terms and situations that are introduced to people in their early 20s. If you are over 30, this book might not be as useful. But I really learned from it!...more info
"Fab" advice for the "Financial Newbie" Bestselling Author Suze Orman's The Money Book for the Young Fabulous & Broke is intended for use by financial "newbie's" (young, recent college graduates and those adults in their 20s and 30s), and it provides a basic yet comprehensive and realistic overview of money management for those members of generation "broke." Using a dynamic color scheme, direct writing tone, and in the format of a step-by-step operating manual for money management, Orman's book addresses everything from credit scores, to student loans, to first house purchases and more, with an emphasis on common problems, missteps, and actions that should be taken to help pave the way for a safe, secure, monetary future. A delightful, motivational, and relatively easy read, it is a highly recommended addition to any person's financial library, with particular benefit for one just starting out in their career and adult life.
Suze Orman is well established in the financial world, and her past bestsellers have addressed everything from money management for women to money guides for all people to follow on the paths to financial freedom. She contributes to various magazines, has a national TV program on finances, and she has won awards for her work in the financial planning arena. Orman's past record indicates that she is highly qualified to give financial advice, and her "Money Book" for the "new" generation seems to hit the mark.
The basic, overall theme of Orman's book focuses on an understanding of the true situation of recent college graduates and those entering the workplace; to put it simply, they're broke. By providing examples of her own experience as a waitress earning less than $5,000 annually, and by basing the advice in the book on actual inquiries and subject areas that youth have inquired of her, Orman allows the reader to feel comfortable and competent rather than chastised for poor money behaviors. The advice she gives is easy to follow, from how to understand FICO scores, to navigating 401K plans, buying a first home, and making first time investments, and she provides adequate examples as well as common mistakes that can be avoided. Each section of the book can be read as a stand-along unit (useful for those limited on time), and "strategy lessons" based on common issues and questions regarding money management are a part of each chapter, with a breakdown by question and location at the beginning of each chapter for easy management. An additional feature of the book is a well detailed glossary that not only defines common money terms for the reader, but it also provides a brief synopsis of the "Y, F, & B advice" that is depicted in detail back in the chapter.
Orman's book is a great, "basic" money book for financial amateurs, but it does have some areas that may raise caution flags in the minds of financial advisors and counselors. First, while the initial chapter explains credit scores, how to build a good credit history and the affects of credit scores on interest rates, in later chapters she actually recommends that young, fabulous, and broke young adults actually USE their credit cards to help finance their current situations. Although she reiterates that the use of cards should be limited to necessities (emergency car repairs, school costs, etc.) and to keep the use below 1% of annual income, her recommendation can be contrived as a "GO" for adults to use credit cards at the risk that they may not be able to responsibly control the use, thus leading to financial difficulties even greater than their current situations. While the advice on investing, home purchasing, and funding retirement is comprehensive and outstanding, it may overwhelm and confuse a money "newbie," and without the advice of a financial professional, a poor decision or one made with lack of follow through on the investor's behalf may occur. Also, Orman sees budgets as "bad diets" and feels that they are not useful; a more open mind to the benefits of structure may be a better approach when teaching good money management to young people who may need limitations to live within their means. As long as these limitations are kept in mind when reading, the book does provide a great springboard for future action and further research in all financial areas.
In all, Suze Orman's The Money Book for the Young Fabulous & Broke has great advice for not only young and inexperienced audiences, but it is also an excellent way to revisit sound money management skills for the more experienced adult set. The easy, accessible tone as well as the straightforward design of the book makes it a great way for anyone to learn how to manage their own money. Orman's ability to effectively reach an audience is quite evident in this book, and it is a recommended read for anyone who desires to learn better ways to manage their financial future.
Easy to read and Good Information Initially I watched her show: YFB on public television. It had great information for the young adult: students, recent grads, couples, first time homeowners. I like her style of teaching, she is interesting and brings a good perspective to her clients. I borrowed this book from the library and decided to buy it for my own collection. This book could be more in depth, but it is a great overview. If you want to know more about a particular subject you can check out her other books or videos. Suze has a way of making you feel okay about your particular money situation, and offers reasonable advice. I think to myself, "yeah, I can save money. Yeah...I can own a home." I definitely recommend this book as well as the video....more info
Taught me so much I am going to be a junior in college this year and was looking into getting a credit card. This book has taught me so much and showed me how many financial options there are out there. I thought this book had such great advice that I passed it on to my older brother who could put more use to it and he absolutely loves it. I will definitely be using this more in the future a great deal and I would recommend it for any high school graduate, college student or college graduate. The information you learn in this book will help you for years to come and I have even taught my Mom plenty she didn't even know about. Buy this book, you won't regret it!...more info
A Great Gift While reading this book, I kept thinking "Wow! I wish I had known this when I was in my 20's!" So, I promptly bought 3 copies and sent them to our children, who are in their 20's. I hope they do sit down and read this, or at least browse it because there is information about every financial decision they are likely to ever face as adults. Wisdom and good information. It's really the best financial gift you could give to your child....more info
Great Book for young people just starting out I am a 25 year old single mother of one little girl. I found the information in this book very helpful. I now have to tools to set myself and my daughter on the right path to a debt free life style. I highly recommend this book....more info
I'm not an idiot... As far as informational content, this book is great. I really think it contains everything a 20-something needs to get onto the right track financially. I also like that it integrates with the website to give you more personalized advice.
However, the jaunty, somewhat condescending tone throughout the book REALLY irks me. I can't help but feel talked down to when she's constantly saying things like "I know you've been too uninspired to figure out how a Roth IRA works." Stop telling me why I'm financially ignorant. Just give me the information.
Also, the book and website sometimes contradict one another. The book tells me that with my age and health status, I don't really need life insurance... while the website keeps exhorting me to Protect My Family....more info
Must read This is a must read for any young person who is about to make a change for the better in their financial situation. All the financial do's and don'ts are handled in a very easy-to-understand way. Also good for people starting a new life in the US, trying to figure out how the credit system works....more info
A Money book even the Older, Fabulous & Broke can use It does not take much to filter the good stuff in this book, true it is written for the younger set, but us older still financially "stupid" can get lots of important insights out of this book. You can give it as a gift to your adult children and they will not think you are over stepping your boundries, Just say " I thought you might need a little help". Very non-threatening....more info
Suze Orman money book I love this book, full of great info.
I have a copy and bought this as a gift for friends/family...more info
The book makes everything clear Despite its goofy title, this book is very helpful to people facing money decisions for the first time.....the IRA at work, the Roth IRA, life insurance, buying a house, etc. Orman uses clear examples and helps folks understand how to wade through that financial stuff we all have to face. Also, she shows how time is on your side, and demonstrates the wonderful effect of compounding....more info
Almost a perfect guide! This book was almost a perfect guide for me, except it didn't provide any help for what to do with your student loans once your in the mess of private loans i.e. Sallie Mae, who won't allow you to consolodate and don't lower their payments significantly for the young broke graduate....more info
very helpful I was very skeptical about this book, considering I'm not a "Suze Fan" ( I think she can go a bit overboard) however, a lot of my questions were answered and more!
If you don't have the money to sit down with a professional and create a custom plan for you, this book is the next best thing. I think Suze is very practical and educational in this book when dealing with people who are just plain broke, and she gives you the steps you need to be broke no more. Not to mention, it's a very easy read. I would recommend this book to any of my broke friends....more info
best info Bought this for my daughter who just finished grad school and got a great job. wanted her to have an anchor and keep learning about how to approach money and her school loans. Suzi is the best for women and girls....more info
Practical, easy-to-understand, and relevant I bought this book during my senior year of college because I realized I didn't have a good understanding of personal finances and what it takes to be financially secure. Specifically, I knew about 'the power of compounding interest' and all the advice people give about, for example, opening an IRA at an early age, but I didn't understand the details. Suze Orman's YF&B book helped explain investing (and lots more) in an easy-to-understand way that is very relevant for 20-somethings.
Although I found her chatty, informal style a little annoying at first, I grew to appreciate it because it made her book useful in steps: I didn't have to sit down and read the whole thing to get something out of it.
Overall, I highly recommend this book for 20-somethings (esp. recent college grads) who want a primer on personal finance....more info
Awesome for recent grads! I just graduated college and started a new job, and this book is helping me know exactly to handle my money!...more info
A must have this book has almost everything you need to know, especially for those like me who don't know where to begin. As good as or better than Dave Ramsey....more info
Simply Complex Suze Orman does an excellent job explaining the complex world of personal financial management. She offers good sound advice on topics such as credit cards, buying a house, buying a car, love and money, and many other topics. This should be part of the high school curriculum across the nation and is a must read for ages 18-30, but has ageless advice......more info
All-Around Good Money Book I'm a college junior and only on the second chapter and am already impressed with this book. My mom's a Suze fan and I needed to learn more about my finances, so this book was a perfect fit. The only reason I gave it a 4/5 instead of 5/5 is because it seems to be geared perhaps a little more towards people who have already graduated and already having to deal with mortgages and debt etc instead of people like me who are simply trying to get a head start. However, that being said, this book really is amazing. It's a step-by-step financial process with an online supplement to boot. It also has a glossary with a lot of financial terms, just to make sure the lingo isn't over your head.
It's really a great investment, I would recommend it to anyone wanting to learn more about money who's looking to safeguard their finances...oh, and who's young, fabulous, and broke....more info
Great Book This book is great. Simple, easy to read format while holding your attention. Its very helpful for older adults and especially younger adults . As a younger adult it helped me to see how I can afford needs and wants in life. It gave valuable advice for preparing my financial future and answering common questions such as how do I afford a car? or how do I afford a house? and how much can I afford?...more info
The Money Book for the Young Fabulous & Broke This is a great gift for high school graduates. It's my standard gift and I often get great feedback from the kids....more info
A must read for anyone wishing to be proactive in their financial future!! Suze has a great way of explaining financial topics and giving tips for money management. The thing I like best about this book is that you can skip around to the topics that interest you. You don't have to read this one from start to finish, although I would recomend reading the whole book, but you can choose the order.
Suze targets women, but there is a lot of great information in this book that would benifit anyone and everyone, not to mention it is an easy read!...more info
Amazing I am only 19 years old and this book spoke to me. The way Suze explains everything in such simple terms makes this book a keeper. I would recommend this book to anyone who is young, fabulous and broke!!!...more info
You will use this book for YEARS! This book is such a help! I bought this book a few years back when I was truly broke. Now, that my financial situation has changed (thanks to this book) I went back and read it again and got even more information about the next step to take in healing my financial self so I'll never be broke again. The book comes with a code that allows you access to the YF&B website, forums, an action planner that tells you exactly what step to take first and even MORE specific information from Suze. If you own the book. .. don't skip on the website. It's a great supplement. I see myself using this book another 10 years. It'll be the best money you ever spent!!!...more info
Turns out I'm young, fabulous and NOT broke! I bought Suze Orman's book thinking that I could really use the advice. It turns out that, by her definition, I'm NOT broke! This made me feel substantially better about my money situation. Even though I'm not technically broke, the advice and information in the book were extremely helpful. Suze covers topics like credit, investing, and how to manage money with loved ones. She provides a glossary so you can look up any financial terms you don't understand and she explains them very simply. I would definitely recommend this book to anyone who simply wants to gain more knowledge about their finances....more info
required reading Great book with tons of information. This should be required reading for all High School and College Graduates....more info
Helpful This book was a very helpful for me when trying to establish credit. It has a lot of info in it about buying a home and car. A great book to keep you on the right path to a good credit score....more info
Great explanations of stuff for anyone that really "doesn't understand" Not full of super detailed stuff, but you get a general understanding of the full financial spectrum of life. ...more info
Suze Rocks! I bought this book on the advice of a friend. I let it sit around for about 6 months before I actually picked it up and read it.
I had no clue what I was missing. Since reading this...I've been addicted to Suze. Her advice is easy to understand, she has a great deal of knowledge and the perfect amount of humor.
This book talks about everything us Young, Fabulous and Broke folks need to know! I'm already on the road to recovery.
THANK YOU SUZE! Keep writing books, I'll buy them.
the money book for the young, fabulous and broke I purchased the book for my niece who is entering her freshman year in college and she thinks it's a great book, but of course I think that everything that Suze Orman writes is fabulous.
c jones...more info
Very helpful Very helpful! We're using this for my senior seminar course for learning about life right out of college. Definitely very useful!...more info
simple, direct. not to bad. not a lot of info i didn't already know. anyone whose in financial trouble i.e. prospective buyers likely already have the knowledge they would get from the book. want to skip the book? pay off your highest damaging loans asap. if you've done that...get a roth ira.
not bad though, and it's only what 15$? cheap...although it's my thinking like that that is likely the cause for me needing financial planning books......more info
buying a house if you read anything else (or watch anything else on television), the most important part deals with buying a house. If you remember the program, you remember somebody asking if she could afford a house and Suze's response was, "just because you are paying $700 a month rent, you think that means you can afford a mortgage of $700, correct?" She stated add 45% to the price of $700 and that is your true cost, and say for example $1,000. She told the person if she could not put $1,000 in the bank the first day of every month, for six months, without struggling, she could not afford a house. Think of that wisdom and how people closed their eyes and "pretended" they had the money and you can see what happened to the market and its collapse. If people had taken Suze's advice and for California add another 50% instead (where mortages for a nothing house runs about $3,000 or more a month with insurance and taxes) and swallowed their pride and realized SHE WAS RIGHT!!!! We wouldn't have this mess. Was she was forecasting for people who were not interested in paying attention was (as she told that person in her audience), "if you have no problem and no REGRETS putting that $1,000 away everything month for six nmonths, then now you have $6,000 for costs for closing and other things." What a smart idea. I'll take the idea one step further, I hope Suze doesn't mind, "do the same thing for a car, if you want that new car, call Auto Club which offers the service if you have their insurance, ask them what insurance would run on this new model of car (and I tell people ALWAYS ask what the registration would be on the SECOND year of the new car, which can kill people when they find out a small car may be $2,000 to register), then add the cost of the registration, payments, insurance and it's a safe bet to spend $1,000 per year just on stuff (not gas or insurance, just stuff, tires blow, etc.) and if they save that money for six months, then if they can afford it, think about getting the car. By the time six months have passed, new models may be rolling in and dealers may deal. Suze's advice can apply to any large item, not just homes and cars.
I have all of her books and I read every single line because she keeps up with the latest and think of the people she could have saved when that show was broadcast almost 3 years ago. IF THEY HAD LISTENED TO HER ADVICE AS TO WHETHER A PERSON WHO AFFORD A HOME!!!!!! Those people in hock, read her book now, no matter what your age....more info
Great book for beginner Easy read. If you know nothing about finances, then this is definetely a great place to start. The book touches on alot of topics and she explains thing thoroughly. It however fails to go very in depth on these topics. When finished with the book, I knew way much more than when I started it....more info
A must read This book is full of a lot of helpful and useful information for the 20-something crowd. It really speaks my language. I wish I had this book 7 years ago, but I am thankful I have it now....more info
Very Helpful! Great book, answered so many questions, and has great explanations that are easy to understand. I have recommended this to all my 20-something-year-old friends! ...more info
LOVE IT!!!!! This book must be owned by everyone!! She explains it all from credit scores, retirement, investing, and anything else you need to know. Not only does she break it down with examples she explains it in terms anyone could understand!! I loved reading this book and have passed it along to friends who also enjoyed it....more info
Definitely helpful for the broke... I'm not sure it's fair for me to say this, given the title of the book, but it really is geared toward people who are actually seriously broke. I am young, financially illiterate, and hoping to avoid becoming broke, and I felt like there wasn't as much in the book for me.
Still, she gives a very easy-to-understand summary of some important financial terms, systems, etc. If I were broke, I would definitely love it....more info
A simple guide to uncomplicate our lives towards success! I saw Suze on TV about 4 months ago, and tried to take some notes. When I saw her again, I said to myself I had to buy the book, but then found out the CD version and decided to buy it instead. It is great. I have recently started a new job and I listen to her on my way to work. Her advice is simple, direct and reasonable (explaining why instead of just sayind "do it"). I am thinking of buying one for my brother who will be graduating soon!!! :)...more info
Good starter book There's a lot of practical advice about the in's and out's of being an adult, from buying a car to creating a retirement fund. Geared towards people that are young, a lot of the tactics she mentions rely on the fact that you have enough time to follow her strategies, like build up your savings, and work on your credit before you actually need to buy a house. So other than just being fabulous and broke, you really do need to be young. That said, it offered a wide range of excellent advice....more info
Great book for first timers As someone in their mid-20's, I've accumulated credit card debt, student loans, and no clue where to start in being responsible. I had purchased other books (Personal Finance for Dummies) but didn't really connect with them. My mom got me this book and it was amazing. I totally connected with it, and felt like it was really written for someone my age. Everything is broken down into easy chapters, depending on what you are looking for, and then you find questions and answers that are really straight forward. I was personally excited to find the section dedicated to the person who has different types of loans, and wants to know where to start in repaying them. This book covers everything from taking out loans, repaying loans, buying a car or house, SIMPLE explanations of 401(k)s. ...more info
Truly written for 30-40 age group I personally find most financial books boring and I usually lose interest after first two chapters. But this book is exceptional. It provides to-the-point information and advice on how to manage personal finance that is easy to understand. In less than two days and after reading only first three chapters, I found the wealth of information invaluable.
Before buying the book, I already knew some basic things such as keeping low balances and paying on time is how you keep your FICO score low. But I learned several things that I did not know. For example, I didn't know that canceling a credit card account (after paying off the balance, of course) can negatively affect your FICO score. There is a wealth of information for people of my age group (early 30s) in this book and every chapter is fun to read.
I am only half-way through the book and already so impressed that I am going to order some more books written by this fabulous author who knows her subject very well!
By the way, the Kindle edition is perfectly formatted to be read on a Kindle. I am glad I bought the Kindle edition and saved some money....more info
Great for basics but could have a little more I did not want a book that I needed a MBA degree to understand but this was a tad bit more watered down that I expected. Every time she said she wouldn't go in depth about how the interest rates work nor would not fill the book with spread sheets about this and that I was a little bit saddened...
Overall the book did give a few tips here and there, and discovered that I really am not that deep in debt, just need to work on my budget and free flow spending habits.
If you want a light but useful book to help you with your overall money issues I would recommend this book.
All the stuff you're expected to "just know" As a 20-something who entered the work force two years ago, I knew NOTHING about credit reports, 401(k)s, mortgages, car loans, or any of the other things that folks expect everybody to "just know about" but nobody ever explains to you. This book explains in detail all sorts of things-- what exactly life insurance is and who needs it (and how much) and who doesn't, what the different repayment options on student loans actually mean to you, how to built a good credit score, how to find out what your credit score is, the best way to go about buying a car, what you need to know about renting/buying a home, different investment options and where and how to invest...
I HIGHLY recommend this book to anyone who is entering the "real world." It explains all of this and a lot more, and it does so in very concrete terms. I also love the suggested resources, websites, and the section on Suze's website that will personalize a financial plan to YOUR situation....more info
GREAT PURCHASE MY FRIEND PURCHASED SEVERAL BOOKS AT TOP PRICE-I RESEARCHED AND SAVED QUITE A BIT BY BUYING ONLINE. NO DELIVERY PROBLEMS AND GREAT PURCHASE....more info
Excellent book! This book has made me much more knowledgable about my finances! It is truly the first "self-help" book that has actually made a difference in my life. It teaches you things about things you didn't know impacted your financial situation so much! I would recommend this to anyone. I would especially recommend this to kids just getting out of high school or just graduating college....more info