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The Money Book for the Young, Fabulous & Broke

door Suze Orman

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1,0651419,297 (3.85)6
Financial expert Suze Orman answers 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 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. Orman addresses the specific financial reality that faces young people today and offers a set of real solutions to the problems they face.… (meer)
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This book was good for me, as someone who doesn't know much about personal finance past don't miss a payment and balance your checkbook. I got the most out of sections on dealing with student debt, credit, and "love & money". I did skip/skim the chapters on 401(k)s and buying a car and home because I'm just not there yet. When I am (hopefully within 5 years), I will come back to this book.

Also, extra points for readability. Info divided into short sections, blue and green accent colors, important vocab in bold, occasional pictures to break up text, good use of white space. :) ( )
  alyssajp | Jul 29, 2019 |
This book is very encouraging, and gives great financial advice about 401(k)s, IRAs, and other things that those of us in our 20s are finding out about, sometimes the hard way. Great advice about matching funds from employers, strategies to manage your money if you are looking to buy a house, dealing with debt, etc.

I know its not beach reading, but it is still very useful information. ( )
  timjaeger | Jan 7, 2019 |
Not as helpful as The Total Money Makeover. She gives you some tips, but it's changing your philosophy, habits, and lifestyle that really makes a difference. ( )
  engpunk77 | Aug 10, 2015 |
I don't see how a book geared towards the "Young, Fabulous & Broke" can be so painfully outddated. I mean, it was written in this millenium, but it's hard to tell considering some of the advice. "Cut your landline and use your cell phone to save money!" says Suze. "If you can't seem to keep your checkbook balanced, go open a brand new account at your bank and deposit a check in it - that way you know exactly how much you have and can start over new!"

Suze. A word. I don't know a single person under the age of 30 who *owns* a landline. Literally not one person. And I've never balanced a checkbook in my life but that's because I've been using online banking since I was sixteen. If I want to know exactly how much (or little) money is in my account, I can find out in five seconds (with a good wifi connection).

Some of the advice is solid, especially the way she breaks down investment strategies and explains all the factors that go into a FICO score. But the rest of it is clearly geared towards the painfully stupid ("Help, I cosigned on a friend's credit card and now they're not paying their bill!") and the old. For the Young, Fabulous & Broke - sorry, but this book is not a good fit for you. ( )
  391 | Jan 28, 2013 |
Very informative book on money matters.
  Aerow | Aug 15, 2011 |
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Financial expert Suze Orman answers 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 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. Orman addresses the specific financial reality that faces young people today and offers a set of real solutions to the problems they face.

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Gemiddelde: (3.85)
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