money book for the young fabulous and broke

As a sample, her answer to the above problem begins like this: Suze then spends 2 or 3 pages delving into her answer and the reasoning behind it. Suze gives the same weighty treatment to student loans, purchasing cars, purchasing homes, and deciphering retirement plans, among other topics.Ī fair chunk of the book's content is set up in a 'Q & A' format, appearing like this: Entire chapters are dedicated to understanding and improving your FICO score.

In the book, she is also consistently candid, vivid, and willing to break with tradition. The dust cover claims it is not “your parents’ money book.” While it’s tough to know exactly what financial writings my parents might have had access to, I suspect their versions of Financial Ed 101 covered and answered not nearly as much practical info as YF&B does.įrom FICO scores (“…the single biggest impact on turning around your financial situation”) to credit-card usage (“I am not going to feed you some head-in-the-sand position that credit cards are the devil in plastic”) to big purchases (car leases are “seductive but stupid”), Orman comes loaded with valuable information. YF&B is as colorful in appearance and layout (if nothing else, it’s guaranteed to color-up your bookshelves) as it is in content. YF&B is much more of a “How-to” guide than a touchy-feely sermon on financial karma. It’s a welcome change for readers who, to this point, might have found Suze’s written advice a bit too nebulous. Here Suze is hard-nosed and pragmatic, laying out a first- to second- to third- to home-base plan for getting your financial act in gear. For me, “excited” was discovering that YF&B leans much less on the introspective than do Orman’s previous writings. That shouldn’t be depressing that should make you excited.” “There’s a pretty good chance you are going to be living well into your nineties. “Do you realize how young twenty, twenty-five, thirty, or even thirty-five is?” she asks. And they’ll need it to flourish in a world where the rules of money have changed. These hipsters’ greatest asset, she says, is their youth. With YF&B, Suze pulls up a chair for the fresh-out-of-college audience – one whose reliance on debt and plastic began practically in the crib. Her latest book, The Money Book for the Young, Fabulous, and Broke, offers a snappy and charged perspective on money matters which most directly relate to the younger crowd. Make no mistake: Suze Orman is today’s goddess of financial connect-the-dots. Look, I told you this book was going to come flying at you from a fresh angle, and that is going to start right here. (NOTE: This review also appeared in the June 2005 issue of Cheapskate Monthly.) The Money Book for the Young, Fabulous, and Broke IYM: Book Review - Money Book for the Young, Fabulous & Broke - Suze Orman

Money book for the young fabulous and broke