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 &amp: 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.

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Suze Orman: The Bestsellers

The Courage to Be Rich The Road to Wealth The Laws of Money, the Lessons of Life

Suze Orman's Financial Guidebook The 9 Steps to Financial Freedom

Money Cards: Words That Lead to Wealth You've Earned it, Don't Lose It The Money Book for the Young, Fabulous & Broke, Audio CD

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

Beginners book- but thats what I needed !

I read this book along with 'The Idiots Guide to personal finance in your 20s'. Both books were actually very helpful in getting my head together. I graduated 3 ago (hello scary loans), working (poor), and living (tiny space) in New York City. So this book was perfect for a person like me.

It really got me thinking about HOW to take advantage of a 401K and Roth IRA. I am having a great time being young, but when Suzy illustrates how a person who started saving in a 401K at 25 compared to 35 will have hundreds of thousands dollars more by retirement you realise that being responsible is not only smart, but necessary given this recent retirement social security fiasco.

She also gives great motivation to clean up your credit (via your FICO score). As a young person who wants to buy a car and apartment in a few years, you begin to understand how your credit numbers will affect you. Most important- your interest rates on these purchases. She also gives tips on these purchases. Additionally, moving in with someone, getting married, and basics of investing options.

Whats great about the book though is that Suzy motivates you, but also details HOW to get things moving. She offers websites or agencies to further gain financial information.

Buying both Suzy and the Idiots guide may have been a bit redundant. They offer around the same advice, but Idiots guide is a bit easier formatted to read. Its easier for me to reference my Idiots guide. That is the only reason why Suzy gets 4 and not 5 stars.

Average

The advice given can be found in many, many books. Except for a new formating and a slightly easier way to search, there is nothing new here. Read Clark Howard or Dave Ramsey, people I can trust. My trust in this writer took a huge hit when she accepted an endorcement to sell new automobiles. This is at best a check out from the local library book, do not waste your money on it.

Yes you CAN be broke AND fabulous.

I live in Manhattan where it's hard to think of those two words in the same sentence. My parents have given me financial guidance books before but there is something about this that validates who you are and who you want to be- just in the title, that made me respond to it. I am clueless about money and I hate thinking about it. But you have to. This book, along with the online component, was kind of like a financial Mary Poppins. She tells you what to do and how to do it- in a non-condescending way. I wish I had had it 10 years ago. If you are a young woman with money problems like I am, don't question- just buy it and do what she says.