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The Money Book for the Young, Fabulous & Broke
 
 
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The Money Book for the Young, Fabulous & Broke (Hardcover)

~ (Author) "Most likely, you are young; I hope you feel you are fabulous; and chances are, you are also broke..." (more)
Key Phrases: Social Security, Fair Isaac, Uncle Sam (more...)
4.6 out of 5 stars  See all reviews (261 customer reviews)

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Amazon Price New from Used from
  Kindle Edition, January 8, 2007 $9.99 -- --
  Hardcover, Bargain Price $9.98 $7.94 $2.94
  Hardcover, March 3, 2005 $21.33 $4.90 $0.12
  Paperback, March 26, 2007 $10.88 $7.99 $3.70
  Audio, CD, Abridged, Audiobook $19.77 $7.98 $5.90
  Unknown Binding, October 9, 2004 $29.95 $29.95 --
  Audio, Download Offsite Link $15.73 or less with new Audible membership

Frequently Bought Together

The Money Book for the Young, Fabulous & Broke + Women & Money: Owning the Power to Control Your Destiny + Suze Orman's 2009 Action Plan: Keeping Your Money Safe & Sound
Price For All Three: $47.79

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Editorial Reviews

Amazon.com Review

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.

Suze Orman: The Bestsellers

Build Your Own Suze Orman Library
The Essentials

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
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
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



From Publishers Weekly

No narrator, no matter how skilled, could sell the advice of personal finance guru Orman as well as Orman herself, so it's fitting that she gives voice to this audiobook. In a tone that is commanding (but in a motherly way), Orman lays out money management basics for YF&Bers (the young, fabulous and broke), covering everything from maintaining good credit and investing in the future to building a career and buying a first house. This is the lecture every parent should give their adolescent, and with Orman's emphatic delivery, it certainly has a lecture-like feel. There's no danger of nodding off during this audiobook, however. Orman's just-the-facts approach and spirited reading make this a quick, informative listen—a perfect motivator for anyone who has thought about organizing their finances and then opted for the beach instead. Simultaneous release with the Riverhead hardcover (Forecasts, Feb. 14). (Mar.)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved. --This text refers to the Audio CD edition.

Product Details

  • Hardcover: 400 pages
  • Publisher: Riverhead Hardcover; First Edition edition (March 3, 2005)
  • Language: English
  • ISBN-10: 1573222976
  • ISBN-13: 978-1594489136
  • Product Dimensions: 7.9 x 6.1 x 1.4 inches
  • Shipping Weight: 15.2 ounces (View shipping rates and policies)
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (261 customer reviews)
  • Amazon.com Sales Rank: #32,601 in Books (See Bestsellers in Books)

    Popular in these categories: (What's this?)

    #8 in  Books > Business & Investing > Personal Finance > Money Management for Young People
    #86 in  Books > Teens > Health, Mind & Body

More About the Author

Suze Orman
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Inside This Book (learn more)
First Sentence:
Most likely, you are young; I hope you feel you are fabulous; and chances are, you are also broke. Read the first page
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Social Security, Fair Isaac, Uncle Sam, Give Yourself Credit, Retirement Rules, Action Planner, Investing Made Easy, East Village, New York City, Rowe Price
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Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
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Customer Reviews

261 Reviews
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Average Customer Review
4.6 out of 5 stars (261 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

 
212 of 217 people found the following review helpful:
5.0 out of 5 stars Why isn't this required reading in high school?, March 13, 2005
By K. Corn "reviewer" (Indianapolis,, IN United States) - See all my reviews
(TOP 100 REVIEWER)      
How many people graduate from high school and even college within knowing the basics of financial literacy - deciphering credit ratings, maintaining and balancing a bank account, getting through college with a minimum of student debt, making the most of that first job and, eventually, buying a home and planning for retirement?
Orman strives to close this "financial illiteracy" gap by providing invaluable info for those just starting out - although I found plenty of information I needed to know as well - and I'm well outside the "young and broke" range she seems to be targeting.
The info is not only cutting edge but many of the websites have NOT appeared in other books. One example of how new the info is: Orman notes the recent changes in credit rules noting that EVERYONE has access to a FREE credit report once a year.
Because she knows younger adults may be intimidated by a ton of financial info, Orman (wisely) delivers her advice in innovative, user-friendly ways. Each page is short, easy to read and yet chock full of info. In short, she doesn't waste words.
Each section is launched with a Lowdown on what will be covered in the chapter and there is a quick summary at the end with checklists to make sure readers know what they shouldn't have missed. A Glossary at the back of the book explains some of the more complex terms. Important website resources and key terms are boldfaced in green, a great asset when looking for important info.
Reading this book could help young people avoid many pitfalls, since Orman covers the basics such as:
* Understanding that all important credit rating and deciphering your FICO score

*Making a small paycheck stretch as far as possible while maximizing opportunites for career advancement.

* A special area on her website where buyers of the book can get UPDATES on info in the book and CONNECT with others on message boards, a great way to get info and share viewpoints (and Suze stops in regularly to answer a few select questions, giving readers an opportunity to have her answer YOUR questions)

* Current websites to get information quickly and fill in gaps. She even notes that readers can now get their FICO score FREE once a year, valuable information that is on the cutting edge of new legislation. This info alone could well be worth the price of the book.

* The rignt and wrong way to handle student debt

* How to start investing and the best funds for ROth IRAs and 401(k) accoutns.

* Buying a car, auto insurance and a home.

I consider this MUST reading for anyoone just starting an independent life and this will definitely be at the top of my gift list for any high school or college graduate. What better gift than to give someone the tools for an independent and financially secure future?
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104 of 109 people found the following review helpful:
5.0 out of 5 stars GOOD EVEN FOR US FORTY-SOMETHINGS, March 10, 2005
By Tim Janson (Michigan) - See all my reviews
(TOP 50 REVIEWER)      
I haven't watched Suze on TV for that long but she always seems to make sense and what's more, common sense when it comes to making financial decisions. I guess I am a bit outside of the age range that this is intended for being in my early 40's but I still found a lot of very valuable information inside. Granted the book is squarely aimed at younger people who have just gotten out out college and are maybe a few years or more into their careers and faced with the bills of student loans. The information though is of great value to me as my first child is only 5 years away from going to college and the information about financial assistance was invaluable.

Thus while the information inside my not help me directly, I think it sets up a wonderful plan that we can use to its fullest extent when my son starts college as well as the years after. This is always a very hard time, especially when "kids" get their first lines of credit and often make the same extent of forgetting that at some point the bills have to be paid. I had some $15,000 in credit card debts, small compared to many I know, when I was in my early 30's and now have less than $2,000 which is very manageable. If i had had this book 15 years ago I might not have found myself in such a rough position. And certainly had I had the book I would have taken the advice about retirement plans much earlier than I did. As Suze puts forth, getting that 401K setup as early as you can will make life much easier down the road. Great Book!
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31 of 32 people found the following review helpful:
5.0 out of 5 stars I wish it were common sense, March 7, 2005
By C. Behr (Jefferson City, MO) - See all my reviews
(REAL NAME)   
I purchased this book because I work for a student loan and financial literacy nonprofit organization. Having reviewed the student loan chapter of the book in its early stages, I was interested in the final product.

Not being so young or so broke (of course, I'm not satisfied with my money, but am better off than many), I still enjoyed and respected this book. It is written appropriately for this audience and addresses a number of hot topics.

Before considering this review, I read several others. Many indicated that Suze's advice is just "common sense". If only this were true. Unfortunately, studies show that the average student graduates from high school lacking basic financial literacy skills. To them, "balancing a checkbook" means using a calculator to ensure your adding and subtracking is correct. Even worse, a small percentage of the population thinks that checks in their checkbook mean they have money to spend!

Knowing this, I highly recommend Suzie's book! In addition to her clear writing and good examples, you have access to even more information on her web site, including excellent and FREE resources.

Here's to good reading and financial savvy!
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Most Recent Customer Reviews

2.0 out of 5 stars EXTREMELY OVERRATED
I bought two books on personal finance at the same time. This one, and "I will teach you to be rich" by Sethi. Read more
Published 1 month ago by Sachmo

5.0 out of 5 stars Great advice!
I really like Suze's financial advice. This book breaks down in layman's terms, what most people are afraid to learn about. Read more
Published 3 months ago by Angel76

5.0 out of 5 stars Another good book by Orman
This book will not make anyone the next Donald Trump or Warren Buffett. It offers simple financial education that helps people to make better financial choices. Read more
Published 3 months ago by Mariusz Skonieczny

4.0 out of 5 stars Young adults have fun
This book was made fun the young. When I say you, I mean 35 and below. It was a great read and problem solver. Many of the common qurdtions were answered here.
Published 3 months ago by D. Robinson

3.0 out of 5 stars Money
This book would have beed great for me if i was actually at a complete lost with my finances, but I was already on track doing everything that Suze Orman recommends for YBF'ers. Read more
Published 5 months ago by Smokey

4.0 out of 5 stars "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... Read more
Published 6 months ago by M. Novobilski

5.0 out of 5 stars 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... Read more
Published 7 months ago by Logan Ryan

4.0 out of 5 stars 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... Read more
Published 7 months ago by A. Green

5.0 out of 5 stars 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... Read more
Published 7 months ago by Curtis Hill

5.0 out of 5 stars Very helpful
Very helpful! We're using this for my senior seminar course for learning about life right out of college. Definitely very useful!
Published 8 months ago by L. Napolitano

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