The Money Book for the Young, Fabulous & Broke

By: Suze Orman

Narrated by: Suze Orman

The New York Times bestselling financial guide aimed squarely at "Generation Debt"—and their parents—from the country's most trusted and dynamic source on money matters.

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 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.

The Money Book was written to address the specific financial reality that faces young people today and offers a set of real, not impossible solutions to the problems at hand and the problems ahead. Concisely, pragmatically, and without a whiff of condescension, Suze Orman tells her young, fabulous & broke readers precisely what actions to take and why. Throughout these pages, there are icons that direct readers to a special YF&B domain on Suze's website that offers more specialized information, forms, and interactive tools that further customize the information in the book. Her advice at times bucks conventional wisdom (did she just say use your credit card?) and may even seem counter-intuitive (pay into a retirement fund even though your credit card debt is killing you?), but it's her honesty, understanding, and uncanny ability to anticipate the needs of her readers that has made her the most trusted financial expert of her day.

Over the course of ten chapters that can be consulted methodically, step-by-step or on a strictly need-to-know basis, Suze takes the reader past broke to a secure place where they'll never have to worry about revisiting broke again. And she begins the journey with a bit of overwhelmingly good news (yes, there really is good news): Young people have the greatest asset of all on their side — time.©2005 Suze Orman, a Trustee of the Suze Orman Revocable Trust; (P)2005 Penguin Audio

Critic reviews

"An especially useful book for people who are young, in debt, and inexperienced. Fabulous!" —The Miami Herald

"Ah, how we wish we'd read something like this when we were young, fabulous, and stupid. Financial advice for the loan-saddled, credit-card-maxed-out twenty-five to thirty-five-year-old set." —The Seattle Times

"Orman does a good job of addressing in her friendly, conversational style the financial topics relevant to a younger audience." —The Kansas City Star

"Orman has made her reputation being a financial know-it-all, and she is out in full force with her latest. As always, she doesn't mince words... Orman's writing is direct, her tone friendly. Orman believes in empowering her young readers by talking to them straight... Each page draws you in with tips, questions, strategies, and lots of information. It is a lively book." —Pittsburgh Tribune Review

"Downright useful... Orman takes on the financial woes of the under-thirty-five crowd in this how-to book that tackles the mystery behind credit ratings, when to finance your dream business with credit-card debt, and how to talk to your boyfriend about his check-bouncing habit." —Publishers Weekly

"The first to target teens and twentysomethings, and she adapts her message appropriately, offering 'The Lowdown' on topics from credit scores to career moves to consolidating school debt." —Newsweek

"Written in a noncondescending manner, and Orman modifies some of the suggestions she has made for her older readers." —New York Post

"Unlike other finance books, this one is accessible and addresses real problems. In her usual passionate tone, Orman counsels how to consolidate student loans, how to squeeze a bit more money out of your paycheck if you're making just enough to get by, how to deal practically with credit-card debt, how to shop for a new or used car, what type of auto insurance to purchase, and how to focus on getting the right job." —The Hartford Courant

I really enjoyed the advice. It was eye opening!

I enjoyed the break down about buying major items like a car, and a home. Also, about saving money. As well as paying off debt.

Great information for a young person

I love Suze Orman! She considers life is a struggle and doesn't pressure you to cut everything off or do something extreme like cut up all of your credit cards. Great advice and steps for those who want to be financially responsible but don't know where to start.

Good medicine...

Good common sense for complex issues. A must for improving you financial intelligence.

Amazing book, great introduction.

I am 23 now and this book was excellent for me. It gives a solid advice on credit, investing, savings, and more. Also, the information really is aimed at people in early stages of their adult lives.

The rate of presentation is excellent. It is jam packed with advice but I didn't feel overwhelmed. I do wish I had a notebook while I was listening to jot down important points, but I was in a car. Nonetheless, I retained many of the concepts from just listening once. I will listen again.

Suze Orman is a charming reader and the book is very listenable. I am so glad I found this one; the knowledge will have a big impact on my life.

A must read and reread!

Loved this book I have a few and I have listened and re listened and these tools really works. She explains it in a way that makes sense!!!

My credit score has gone up almost 100 points by following Suze’s tips and tricks in these books!!