The Money Book for the Young, Fabulous, & Broke

By: Suze Orman

Narrated by: Suze Orman

Length: 5 hrs and 52 mins

Publisher's Summary

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", people in their 20s and 30s who graduate from college with a mountain of student loan debt and are stuck with one of the weakest job markets in recent history, yet they're 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 young people face today. Suze Orman tells her young, fabulous, and broke listeners precisely what actions to take and why. Her advice at times bucks conventional wisdom (Did she just say use your credit card?) and may even seem counterintuitive (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 have made her the most trusted financial expert of the day.

Suze takes listeners 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

"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)

Much needed for my generation

I've seen Suze talk about the book and read the printed version already (i wouldn't be surprised if the negative review above was by someone who hadn't even read or listened to the book), and it has been an immense help. I'm part of that group that has been living in the now and staying ignorant of the price of that, and this book is direct, helpful, and very insightful. She breaks it down in ways that make it digestable and doable, and she explains why some financial myths just don't make sense.

I would recommend it to anyone who lives paycheck to paycheck but doesn't think they're 'broke'.

a good primer

Of course, all of the advice here can be found elsewhere and probably for free. What makes this book worth it is the straight forward and simple delivery. Suze Orman doesn't just give out financial advice, she talks about life in bigger terms and asks readers to really analyze themselves-- their financial personality-- and to question their goals and priorities in life. For someone in their twenties-early thirties, this book is GREAT. A quick read, easy to digest. It gets you thinking not just about your money, but about where you're going in life and how you're getting there.

Nothing Special

This is a bunch of so so, regurgitated advice. Might be good if you just graduated college and have are trying to figure out what to do with your life.

Wow, this is a great book!

This book is very informative and to the point. I recommend this book to all young and older folks to read and understand!

Fabulous

I just recently bought this book after frankly hating suze orman for years. She seemed too positive and energetic for me. I got stuck watching her on late night television and was soon hooked. She has a way of making money seem like its the easiest thing in the world to handle. Every suggestion she makes she backs up with an easy to understand example. Even after watching her at least once a week there were mistakes I was making that she pointed out in the book, so I really think its a book for everyone, no matter how on top of your finances you may be.

The basics - Great first money book

It's the basics - told in an easy to understand format. Lot's of good basic ideas and I would recomend to anyone from highschool to 35yrs.

Fabulous!

OMG! Suze came across like a big sister, mom and best friend. The best part though, is she's smarter than all those people in my life! This book provided me with principles I can use today, tomorrow and forever. I'm grateful!

timeless read

Definitely a timeless read. Valuable resource I will share with my young adult daughters.

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 advice that transcends time, but outdated

Where does The Money Book for the Young, Fabulous, & Broke rank among all the audiobooks you’ve listened to so far?

As far as a financial book this is great place to start. If you are young and just trying to figure out your financial book please do start with this one. It's one of the best!

However, some of the info is outdated, like the amounts you can contribute to Roth IRA's or the maximum income you can qualify for a Roth IRA. Much of the advice in this book is accurate and transcends time, however since it is 10 years old some of it just needs to be checked for today's standards/details.

What other book might you compare The Money Book for the Young, Fabulous, & Broke to and why?

It's one of the best out there, so no comparisons.

What about Suze Orman’s performance did you like?

Suze is so passionate and a great orator. I'm so glad she was the narrator in this audiobook!

What insight do you think you’ll apply from The Money Book for the Young, Fabulous, & Broke?

Without a doubt the major focus on my credit score, and the importance of understanding interest rates. I love her advice on paying down credit cards. There's a ton I learned in this book.

Good read

Good read, but very US based. I found it very difficult to relate to some ideas/rules as a UK based, as the majority of it does not apply to us. On top of that, the book is over 15 years old, so lots of things you will find n9t applicable today. Have said that, there are still some valid points made.

If you are between 17-28 years old, I would defenitely recommend it. Not sure how a 30+ year old (I am one) can benefit from it.