Sign in with Facebook
Loading...
The Money Book for the Young, Fabulous & Broke
by
Suze Orman
Be sure to catch Suze Orman's latest PBS special based on The Money Book for the Young, Fabulous & Broke, which will air the weekend of March 4th on stations across the country. Check your local listings for airtimes.
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...more
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...more
Hardcover, 400 pages
Published
March 3rd 2005
by Riverhead Hardcover
(first published October 10th 2004)
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)
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
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
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
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
This lady is like your cool aunt who just tells it like it is, telling you all th...more
2 likes · like · see review
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
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
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
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
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
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
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
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
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
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
This book does a really great job of framing the subject matter for the target audience of young people in their twenties. It's well organized, easy to read, and full of solid advice for people with any level of financial savvy.
The book doesn't waste time boring you with budget spreadsheets. Instead it targets key areas of money management and focuses on how you can get the best bang for your buck by doing things the smart way. Among other things, there are chapters about credit scores, differen...more
The book doesn't waste time boring you with budget spreadsheets. Instead it targets key areas of money management and focuses on how you can get the best bang for your buck by doing things the smart way. Among other things, there are chapters about credit scores, differen...more
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
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
A great, no-frill book for people like me: young, broke, and fabulous. I enjoyed reading this book and got a lot of information that's not only useful, but helps me explain certain things to friends, too, like how credit cards can help your credit score.
My only problem with this book is that there's a section within "Save Up" where she gives tips on saving money where you can. It was tips like, "wait longer between haircuts" and "stay at home for movie night." It was almost like my mom telling...more
My only problem with this book is that there's a section within "Save Up" where she gives tips on saving money where you can. It was tips like, "wait longer between haircuts" and "stay at home for movie night." It was almost like my mom telling...more
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
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
This book has a lot of basic info. that I learned many, many years ago...but nonetheless I found it helpful to have the reminder. I learned A LOT about my retirement funds - or rather, what I should learn about them because I have no idea what is in either my Roth or my 403(b), other than it is the basic recommendation of the person who set it up.
And I came up with a financial "to-do" list, mostly of things I knew I should get around to. I did the first on Sunday - check my credit report - and i...more
And I came up with a financial "to-do" list, mostly of things I knew I should get around to. I did the first on Sunday - check my credit report - and i...more
This is a pretty awesome book for folks in the 20-35 range looking to get a handle on their finances. Suze lays everything out in her classic, no-bullshit style. I don't agree with everything she says (she insists couples who live together have a joint checking account but never says why, and her system for dividing expenses between couples sort of assumes that neither person is ever going to be unemployed), but most of her stuff is really good. She has a bunch of info online too, though you nee...more
I've had this book for several years, being given it by my Mom following law school graduation. I'd skimmed over several sections when I was particularly stressed out about money, but hadn't really sat down and read it. I finally did and was both impressed by the advice and definitely took away some helpful bits of information. The writer is completely non-judgmental and supportive -- since financial matters are insanely stressful, having someone just point out why things are the way they are an...more
I have had this book since I graduated from college. It's a wonderful guide to financial success, and is targeted toward a younger audience. The book is written in a fun, easy to understand way, and helps address relevant issues for the 20-something demographic. There are times when limited funds present complicated decisions of what is more important to pay, or when to save, and this book helps in the prioritization process. I considered myself quite financially responsible (I've been taking Su...more
I'm getting my first job after graduate school and this book contained so much of the things I have questions on. It's a very quick and easy read. I've talked to many young people who just make decisions without knowledge about what everything means... I didn't want to do that and bought this book. After reading this book I think I am on my way to making sound financial decisions. I do wish there was a bit more information on insurance, investing, and taxes. Its also a very practical book for th...more
I read this book when I first started living on my own and it really changed my perspective on personal finance. I always avoided the topic and found it boring to learn about. But Suze Orman really shares advice in an interesting, funny, and relatable manner! She mixes facts with personal stories, and at the time when I read this I was a textbook example of what she defined as young, fabulous and broke! After reading this book, I opened up an IRA account, took advantage of my company's full matc...more
This is slightly dated (it was written in 2004), but it still holds a lot of good information for young people!
One of my friends on facebook, who is apparently a balla now, recommended this book and I figured I'd check it out. I soon learned that I am not as broke as Suze thinks I am... apparently there are people who run up 6-figure credit card debts? That literally blows my mind.
Anyway, Suze offers a TON of helpful information for young people who are starting careers. She has chapters about 4...more
One of my friends on facebook, who is apparently a balla now, recommended this book and I figured I'd check it out. I soon learned that I am not as broke as Suze thinks I am... apparently there are people who run up 6-figure credit card debts? That literally blows my mind.
Anyway, Suze offers a TON of helpful information for young people who are starting careers. She has chapters about 4...more
Nov 11, 2012
Jake Kilroy
rated it
4 of 5 stars
·
review of another edition
Shelves:
finance,
non-fiction
This book was not interesting. It straight up wasn't. However, it accomplished what it set out to do: inform millennials how to not go broke, get out of debt, and figure out their finances. Me, I'm terrible at saving money, so this book might just become the best reference I have for the indefinite future. It wasn't written by a stagnant money man. It was written by Suze Orman, who writes straight forward with a bit of cutesy tone. It's incredibly effective, and I'll be forever coming back to th...more
Jul 26, 2011
Renee
rated it
4 of 5 stars
·
review of another edition
Recommends it for:
everyone
Shelves:
adult-non-fiction
My mom bought this for me for Christmas five years ago. And though I was definitely young and fabulous, I was not broke (thanks to having my parents as good financial role models). I read the book last week and am kicking myself for not reading it earlier - especially before I bought my house. Also, having just read Suze's newest book, she does tweak some things so it's not a bad idea to read The Money Class too. Sections include basics/importance of good credit and your FICO score, buying a car...more
This is an okay book. It turns out I'm not an idiot, so a lot of the advice is common sense and things I either already knew, or even better, had already done. For context, I'm a 24 year-old graduate with a full time job w/ benefits (insurance + 401k) - I'm paying my school loan, car loan, and a mortgage.
There is some great, practical advice in here - especially if you're more on the broke side of young, fab & broke.
She really, really, likes to hawk FICO and how important it is to know your...more
There is some great, practical advice in here - especially if you're more on the broke side of young, fab & broke.
She really, really, likes to hawk FICO and how important it is to know your...more
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
sometimes, i need someone (even a slightly irritating someone) to just tell me what to do about certain things. like money.
sometimes, i also need someone to reassure me that i am not a loser, and not all alone, in my struggles to figure out how to manage my debt, or my money in general. no one really taught me this stuff and nor does anyone really talk about this stuff.
thanks suze, for laying all out there in your a-little-too-sassy, yet completely-clear-and-understandable way. while i am still...more
sometimes, i also need someone to reassure me that i am not a loser, and not all alone, in my struggles to figure out how to manage my debt, or my money in general. no one really taught me this stuff and nor does anyone really talk about this stuff.
thanks suze, for laying all out there in your a-little-too-sassy, yet completely-clear-and-understandable way. while i am still...more
I knew much of the information in this book from reading various personal finance blogs throughout the last year of getting out of debt, but this is a great reference for having all of that information together. Obviously, the advice therein really applies ONLY to people who are actually young and broke, as financial needs change with different circumstances. Additionally, parts of the chapter on home buying are out of date, as the book was published in 2005, a few years before the housing marke...more
I am very glad I sat down and read this book all the way through. I'm in a lot better of a situation than many of the examples mentioned in the book (ie not bankrupt). But it was great to have a game plan how to start saving for retirement and buying a house and a car.
Her tone is not the best, but if you can get past that, along with the assorted "C'mon" and "You are not to...", there will be some great advice. She's also incredibly reassuring and a kick in the pants as well. I'm fairly certain...more
Her tone is not the best, but if you can get past that, along with the assorted "C'mon" and "You are not to...", there will be some great advice. She's also incredibly reassuring and a kick in the pants as well. I'm fairly certain...more
| topics | posts | views | last activity | |
|---|---|---|---|---|
| sounds helpful | 1 | 8 | Jan 15, 2009 04:48pm |
Suze Orman (born Susan Lynn Orman) is an American financial advisor, writer, and television personality.
More about Suze Orman...
Share This Book
No trivia or quizzes yet. Add some now »
Dec 13, 2007 09:01am