The Money Book for the Young, Fabulous & Broke
Enlarge cover
Rate this book
Clear rating

The Money Book for the Young, Fabulous & Broke

3.91 of 5 stars 3.91  ·  rating details  ·  3,930 ratings  ·  510 reviews
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 college with a mountain of student loan debt and are stuck with one of the weakest job markets in recent history. The goals of the...more
Audio CD, Abridged
Published March 3rd 2005 by Penguin Audio (first published October 10th 2004)
more details... edit details

Friend Reviews

To see what your friends thought of this book, please sign up.
This book is not yet featured on Listopia. Add this book to your favorite list »

Community Reviews

(showing 1-30 of 3,000)
filter  |  sort: default (?)  |  rating details
Jennie
Jul 29, 2012 Jennie rated it 5 of 5 stars  ·  review of another edition
Recommends it for: every new college grad, 20 and 30-somethings particularly of gen. x or y
Shelves: my-library
No matter what you think of Suze Orman, you don't know how great she is until you read one of her money books. This one should be read by every college graduate. It begins on the basic side with FICO scores and credit cards/bills, and progresses into first-time homebuying and such. I unfortunately did not read it until I had been out of college for a while, but I have found it to be immensely helpful. Orman's advice is practical, easy to take action on, and is laid out in an easy to understand,...more
M
Sep 27, 2007 M rated it 4 of 5 stars  ·  review of another edition
Recommends it for: FICO score? Buh?
OMG did you know that your credit score is how people will openly judge you FOR THE REST OF YOUR LIFE and that all your bad financial habits are only making it worse??? I am only three chapters into this nugget of wisdom and I already know SO MUCH SHIT that is (maybe?) going to keep me from being bankrupt and having crappy credit for the rest of my life (although it's debatable if I ever truly will NOT be brizzoke).

This lady is like your cool aunt who just tells it like it is, telling you all th...more
Laura
The first and most obvious reason to read this book is Ms. Orman's totally hot lesbian-finance-cougar look on the cover. That's a brown leather jacket with a turned up collar people - why the hell would you want to learn about Roth IRAs from anyone else? But for real, this book has relevant and helpful information about finances and actually manages to be readable. And you don't even have to love hot lesbian-finance-cougar chicks in leather jackets to appreciate that.
Mrs. McGregor
I know it sounds like a total snoozefest, and to be honest I wasn't really thinking I was going to love this book either. But it caught my eye at the library one day because the jacket cover said Suze wasn't going to give a lot of the advice that I dreaded encountering: Save 8 months' expenses, etc. etc. - and a slew of other things 20 somethings living in New York typically just can't do. So, I thought I'd give it a shot, and what better time than when I'm stuck on an airplane for a couple of h...more
Kristen
Dec 26, 2007 Kristen rated it 3 of 5 stars  ·  review of another edition
Recommends it for: all young adults
Shelves: finance
Suze has won me over! I'm almost complete and she is really speaking to me. Retirement Rules (chapter 6) is just wonderful. I logged onto her website and filled out my goals and started her action plan. I like that she only gives you the first step and when you finish that step you can go back online and move onto the next step. Feels very do-able to get the steps one at a time instead of seeing all the dauting tasks at once ;) She also gives you notes that pertain to you based on how you answer...more
Shirelle
As a "YF&B'er" I found this book condescending and some of the advice to be questionable. I've read a number of her books, and much prefer the financial advice of Dave Ramsey. Suze is over-focused on the FICO score, and she talks in generalities about how to manage money. She laughs at the idea of a budget for the "YF&B'ers", who obviously cannot be bothered with such tedious things.
Chad Warner
I don't know anything about Suze Orman, other than seeing her name mentioned occasionally in financial magazines and articles. I found out that this was one of her most popular books, so I thought I'd give it a try.

This book is meant as a financial handbook for twenty- and thirty-somethings, who Orman calls the "Young, Fabulous, and Broke". I probably would have gotten more out of the book, and rated it higher, if I was broke and wasn't already somewhat familiar with the topics she covers. Each...more
Sarah
we've recently become devotes of suze ormond. so when her book came out we bought it. the money book for the young, fabulous and broke is actually really damned helpful. sure, there were some stupid tips like "put off getting your hair cut two weeks. get it cut every 8 weeks instead of 6". not helpful dude. i cut my hair at home. the part that i found most valuable was the section on retirement. she explained what the hell an ira vs. a roth ira vs. a 401k vs. a 403b is. it was amazing. sure, i h...more
Matthew
Oct 11, 2008 Matthew rated it 5 of 5 stars  ·  review of another edition
Recommends it for: You. Now. Do it.
Everyone needs to read this book, especially in today's current economic climate.

A week or two ago I happened to catch Suze Orman on Oprah. Orman had a straight-talk freak-out about the current economic woes, and how individual economic decisions were playing into/creating/contributing to the uncertainty and panic. Her primary message, from the top down, was that everyone needs to put their financial houses in order by being honest about their finances, and reducing our consumption to the level...more
Mara
I never thought I would find myself enjoying a book on practical finance, but I am. Suze Orman's matter-of-fact approach to weaving one's way through the financial jargon is extremely helpful. Her advice is practical, straight-on, and she's got a sense of humour to boot.

Extremely helpful, and I would recommend to anyone who doesn't have a real idea about finances, has screwed up their financial profile, or to anyone struggling to make ends meet. There are simple ways provided in this book that...more
Emily Millay
My mother gave me this book a few years ago -- around the time when a lot of parents and uncles and well-meaning adults gave this book to the young, broke and fabulous in their lives. I started it then and got through the chapter on credit scores -- doing my reports, etc. -- and then stopped for a few years. It's only now, when I am not so scraping-the-bottom-of-the-barrel broke as I was, that I went back and read the rest of the book. It's been very helpful to me, in ways that I am fairly sure...more
Kristin
I saw Suze Orman on Oprah a couple times and formed the opinion that she was rather harsh. After reading this book, I now feel like Suze was just being very frank because she cares. I've read one of Jean Chatzky's financial books in the past, but I like Suze's better. She really has her information tailored to her audience. Some of the contents did not apply to my family's current situation, but I learned a lot about mistakes we've made in the past and what to do for he future. Suze's advice hel...more
Lindsay
Reading this book was a good and bad mistake. Bad in the sense that it made me even more scared about money than I already was. Bottom line is, that I pretty much don't have any and that freaks me out, especially since my parents who are helping me out aren't getting any younger and won't always be there to help me. Good in the sense that someday when I do get money again, I can go back to this book and look up the things that I need to know. In the right hands, this book can be really helpful....more
Courtney
Jun 16, 2014 Courtney rated it 4 of 5 stars  ·  review of another edition
Recommends it for: Kids Flying the Coop
Shelves: 2014, non-fiction
I was looking for a comprehensive financial book that really started at square 1. I wasn't looking to climb out of $100K in credit card debt. Actually, I probably needed a quick debriefing about how credit cards work in general.

It's advanced enough that I could now walk into a bank and handle real-life decisions on my own. But it's beginner enough that I followed it without having any prior experience handling my finances.

It's conversational and easy to follow. It's also very broad, so if you'r...more
Carissa
I meant to read this when I was *actually* young and broke -- but I'm not so terribly old, and hey, I'm still fabulous -- so I grabbed this when I saw it at the library. This was OK but suffered a little bit from "all over the place" syndrome. Or it could be that I'm just too "old" for this one.
Cathy
Urgh, I wish Suze Orman was my next door neighbor so I could constantly bug her with questions about my financial life. This book is the next best thing (along with her TV show, which I love). Not only does Suze know her stuff, but she breaks down all the scary financial jargon extremely well, so that anyone can understand it. Some might find her analogies too simplistic, but I think that's exactly what is needed when many of us have no clue what some of these terms mean. I learned a lot from re...more
Amanda Marshall
Suze Orman has put together an engaging, easy to read financial manual with great advice for the 'young and fabulous'. I really liked this book and am working on applying it to my often less than fabulous finances.
Clarissa Allen
I really liked this book. It gave me a good direction to go in and told me what to do first to improve my credit score faster! I Definitely recommend this book to anyone who is under 35 and struggling financially!
Priya
Great for young people that have no idea where to start with a bank account, credit card, loan, car options, college, investment and retirement! It is all in here. I am glad I grasped this invaluable information at my age. When I already thought the worse about my financial decisions, there was so much I read about that I can still do to rebuild. I recommend this to anyone in their 20's to 40's. I think it is also a great gift for college students or high school graduates. Enjoy reading and lear...more
Claire
Dec 02, 2008 Claire rated it 5 of 5 stars  ·  review of another edition
Recommends it for: Anyone between 18 and 30
YOU MUST READ THIS BOOK! The beauty of this book is that Suze offers a realistic, easy to understand, practical and useful lesson in personal finance that is targeted to a wide range of people. Whether you are 18-30, have $10K in credit card debt or in a savings account, own or don't own a home, are financially savvy or don't know a thing about finances, this book is fabuous. I consider myself fairly knowledgeable and responsible with money, and I definitely learned a lot. Suze caters to her aud...more
Eric
The Money Book for the Young, Fabulous, & Broke is targeted at individuals starting out in their careers through their early thirties. This is a hugely diverse audience, though it's slimmed down from what a lot of other personal finance books try and tackle (everyone.) With that in mind, Orman does a good job conveying the basics without overwhelming the reader - I suspect this is what 90% of readers want. I, however, found myself wanting more detail in certain areas (she teases one point ab...more
Kim
This book was incredibly disappointing. There were more things that Orman lectured that I disagreed with than I agreed with.

A few pieces of advice that made me think that Suze was off her rocker:
- We YF&Bs cannot be bothered with a budget. I believe everyone should and must budget. Having someone who is in the financial limelight "debunk" the need for this is sad. She compares a budget to a diet that you will not stay on. There are lots of people who successfully budget. I think our generati...more
Carissa
I thought this would be the perfect book for me, being young, fabulous, and broke and all. However, I discovered after buying this book that I am not, in fact, broke. Suze Orman's definition of broke (deeply in debt, living paycheck to paycheck) was quite different from mine (low salary). So I feel like the first half of the book didn't apply to me. I really could have used the abridged version. (Or maybe I could have been less stubborn about reading the whole book and skipped over the chapters...more
Saad
Ch. 1 explains FICO credit score, why it’s so important, and how you can improve it by using credit responsibly. Plus! (But there’s sort of a catch)

Reading further into the book, it presents ways to change your spending habits, how to achieve career progress – in short, things that will help one to be broke no more. There was notable emphasis (too much for my liking) on using credit to carry you over in a pinch (can’t stop being fabulous due to simple things like being short on dough, after all!...more
Skyqueen
Of course I knew most of this already and agree with Suze about 98% of the time. Watch her show regularly but also know she is in the 'business' to make money - just not as a stock broker anymore. So I don't take her as the know all to end all, just add her to my repertoire. However, I bought the book so I could read, evaluate, and pass it on to my 16 year old granddaughter. I think it is a good enough basic book to get a young person, especially not financial savy or with any good money managem...more
Amy
Overall, this was a good, informative book for people in their 20's who aren't exactly loaded. It starts out with the very basics and moves up from there. It's nicely divided into sections, so you can focus on what you want to learn, and maybe skip sections that don't pertain to you.

There were parts that I felt were more common sense, and there were parts that I definitely disagreed with- ie, if the "dream job" you landed doesn't pay enough to make ends meet, no, it is not OK to put your necessi...more
Leanne
Top three things I learned from this book:
1. How important it is to watch your credit. If you declare bankruptcy, it will cost you a fortune later on, in much higher borrower rates.
2. Even putting a little bit inter retirement savings will pay off-- that compounding is going to work for you. Set something aside now-- don't wait.
3. Invest in your career: don't "use money as an excuse for sticking with something you hate".

While not as thorough a book as her 9 steps, Suze Orman's Money Book for the...more
Kate
Feb 14, 2008 Kate rated it 3 of 5 stars  ·  review of another edition
Recommends it for: Those who need an understanding of basic personal financial topics
I felt like there wasn't much new information in this book for me, and it wasn't as in-depth as I needed.

However, I think this may be a valuable, easy read for someone who is fresh to basic financial topics.

The book seems to assume that you are starting with little to know knowlege, and possibly zero (or poor) credit, and possibly some debt. It does a good job of explaining the current FICO system (though it still gives the advice of piggy-backing on credit, which is currently being phased out);...more
Melissa
This was kind of an odd choice for me, in that the sound of Suze Orman's voice generally causes me to have an anxiety attack. I am not saving enough! I am not fiscally responsible! NO YOU CAN'T AFFORD THAT! I am going to die broke!

But...I was in the market for a very basic finance book. Since I went to grad school, I haven't been in the work force very long and have just started investing and saving and making big purchases. My biggest source of concern right now is how to invest my 401K, and I...more
Heather
I am young and fabulous, but I'm not broke. Suze Orman's book has some great tips for anyone who is, or who never wants to be. The reason alot of people don't like her is the same reason I really liked this is book. It is straightforward and uncomplicated. The book is divided into sections so you can go directly to the part you need (FICO score, Credit Cards, Retirement, Investing, etc) or you can start at the beginning. She even gives some career advice that is useful regardless of your profess...more
« previous 1 3 4 5 6 7 8 9 99 100 next »
topics  posts  views  last activity   
sounds helpful 1 9 Jan 15, 2009 04:48PM  
  • Smart Women Finish Rich: 9 Steps to Achieving Financial Security and Funding Your Dreams
  • All Your Worth: The Ultimate Lifetime Money Plan
  • On My Own Two Feet: A Modern Girl's Guide to Personal Finance
  • Get a Financial Life: Personal Finance in Your Twenties and Thirties
  • Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen
  • Your Money or Your Life: Transforming Your Relationship with Money and Achieving Financial Independence
  • I Will Teach You To Be Rich
  • The Modern Girl's Guide to Life
  • 10,001 Ways to Live Large on a Small Budget
  • Why Smart People Make Big Money Mistakes And How To Correct Them: Lessons From The New Science Of Behavioral Economics
  • The Smartest Investment Book You'll Ever Read: The Simple, Stress-Free Way to Reach Your Investment Goals
  • Getting from College to Career: 90 Things to Do Before You Join the Real World
  • Life Strategies For Teens
  • The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money
  • Pay It Down!: From Debt to Wealth on $10 a Day
  • Rich Dad's Guide to Becoming Rich...Without Cutting Up Your Credit Cards
  • The Only Investment Guide You'll Ever Need
  • Time Management from the Inside Out: The Foolproof System for Taking Control of Your Schedule--and Your Life
44530
Suze Orman (born Susan Lynn Orman) is an American financial advisor, writer, and television personality.
More about Suze Orman...
Women & Money: Owning the Power to Control Your Destiny The 9 Steps to Financial Freedom: Practical and Spiritual Steps So You Can Stop Worrying The Money Class: Learn to Create Your New American Dream The Courage to be Rich Suze Orman's 2009 Action Plan: Keeping Your Money Safe & Sound

Share This Book

“Saving is for a short-term goal that you hope to reach within five years or so. Investing is for the long term.” 0 likes
“You want your diversified stock portfolio to include stocks from different industries, large companies, small companies, companies here in the United States, foreign companies, new companies, and old companies.” 0 likes
More quotes…