Money Book for the Young, Fabulous & Broke

Version: Abridged
Author: Suze Orman
Narrator: Suze Orman
Genres: Finance
Publisher: Penguin Audiobooks
Published In: March 2005
# of Units: 5 CDs
Length: 6 hours
Ratings:
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Overview

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.

Reviews (2)

Young Fab and Broke

Written by Autumn on January 27th, 2007

  • Book Rating: 5/5

I listened to this book about three times and I lent it to my mother and she listened to it twice. It is so full of information that was really motivational. I started and ROTH when I was done. She can get somewhat repetitive in a few areas but this book was so worth the rent I am sure I will rent it again in the future.

Keeping it Real.

Written by max from Tucson, AZ on July 6th, 2005

  • Book Rating: 5/5

Audio was well produced....clean, clear, consice. Leave it to Suze to simply tell it like it is. This style has done well for her and this book although directed to the Young (early 20's) is a great read for anyone. Some bits of new information I found in this book on credit and such. This is my third Suze Orman book and i'm still surprised. Author read books are always nice.

Author Details

Author Details

Orman, Suze

A two-time Emmy Award-winning television host, New York Times bestselling author, magazine and online columnist, writer/producer, and motivational speaker, Suze is undeniably America's most recognized expert on personal finance.

Suze Orman has been called "a force in the world of personal finance" and a "one-woman financial advice powerhouse" by USA Today. A two-time Emmy Award-winning television host, New York Times mega bestselling author, magazine and online columnist, writer/producer, and one of the top motivational speakers in the world today, Orman is undeniably America's most recognized expert on personal finance.

Orman has written six consecutive New York Times bestsellers: Women & Money; The Money Book for the Young, Fabulous & Broke; The Laws of Money, The Lessons of Life; The Road to Wealth; The Courage to Be Rich; and The 9 Steps to Financial Freedom, as well as the national bestsellers, Suze Orman's Financial Guidebook and You've Earned It, Don't Lose It. In addition, she has created Suze Orman's Identity Theft Kit, FICO Kit, Will & Trust Kit, Insurance Kit, The Ask Suze Library System and Suze Orman's Ultimate Protection Portfolio.

Orman has written, co-produced, and hosted six PBS specials based on her New York Times bestselling books, and is the single most successful fundraiser in the history of public television. In 2004 and 2006 Suze won two Daytime Emmy Awards in the category of Outstanding Service Show Host for her PBS specials. Orman is a contributing editor to “O” at Home as well as “O”, The Oprah Magazine in the United States as well as the South African edition. She has a syndicated column called Women & Money, writes a bi-weekly column, Money Matters, on Yahoo! Finance, and a bi-monthly column for the Costco Connection. Orman hosts the extremely popular and award-winning Suze Orman Show, which airs every Saturday night on CNBC and on XM & Sirus radio, and also hosts the Financial Freedom Hour on QVC television.

Over her television career Orman has won more Gracie awards (5) than anyone in the 33 year history of these awards. The Gracie’s recognize the nation's best radio, television, and cable programming for, by, and about women. In 2003 Orman garnered her first Gracie for "The Suze Orman Show" in the National/Network/Syndication Talk Show category, won her second and third Gracies in the Individual Achievement: Program Host category in 2005 and 2006, won her fourth and fifth Gracie for “The Suze Orman Show” in the Outstanding Talk Show category in 2007 and 2008.

In October 2008 Orman will be the recipient of the National Equality Award from the Human Rights Campaign. In May 2008 Time’s Magazine named Orman as one of the TIME 100, The World’s Most Influential People. In April 2008 Orman was presented with the Amelia Earhart Award for her message of financial empowerment for women, the Amelia Earhart Award is presented annually to a woman who embodies Earhart’s pioneering spirit and who has significantly contributed to the expansion of opportunities for women. In November 2006 Orman was the inaugural recipient of the MS Spirit Award, recognizing her support of the Society over the past five years toward finding a cure for multiple sclerosis. She received a 2003 Crossing Borders Award, which are given by the Feminist Press to recognize distinguished women who not only have excelled in remarkable careers, but have also shown great courage, vision, and conviction by blazing new trails for women in their fields. A 2003 inductee into the Books for a Better Life (BBL) Award Hall of Fame in recognition of her ongoing contributions to self-improvement, Orman had previously received the 1999 BBL Motivational Book Award for The Courage to Be Rich. In 2002 Orman was selected as one of five distinguished recipients of the prestigious TJFR Group News Luminaries Award, which honors lifetime achievement in business journalism.

The top female motivational speaker in the U.S in 2007 according to Business Week Magazine, Orman has lectured widely throughout the United States, South Africa, Asia, and Canada to audiences of up to 100,000 people. She has been featured in almost every major publication in the United States, and has appeared numerous times on The Oprah Winfrey Show, Larry King Live, The View, and the Today Show.

Orman recently partnered with Avon Product, Inc. to be their special personal financial advisor to Avon Representatives to offer money management advice and strategies for success. A first of the kind in direct selling industry, the program launched in January 2008 to the company’s nearly 500,000 Avon Representatives in the U.S., with plans to expand globally in the future.

Orman, a CERTIFIED FINANCIAL PLANNER™ professional, directed the Suze Orman Financial Group from 1987-1997, served as Vice President of Investments for Prudential Bache Securities from 1983-87, and from 1980-83 was an Account Executive at Merrill Lynch. Prior to that, she worked as a waitress at the Buttercup Bakery in Berkeley, California from 1973-80.