Key Takeaway
Being young and broke is not a permanent condition — it is a starting point. Prioritize paying off high-interest debt, build your credit score, enroll in your employer's 401(k) immediately, and start investing even if it is only $50 a month. Time is your greatest asset.
The Review
Suze Orman wrote this guide specifically for young adults dealing with student debt, low starting salaries, and the unique financial pressures of early adulthood. The book covers credit scores, student loan management, first-job benefits enrollment, apartment renting vs. buying, and the basics of investing when you have almost nothing to invest. Orman's direct, no-nonsense style cuts through the overwhelm that many young people feel about money, providing clear action steps for every common financial situation a twentysomething encounters.
Book Details
The Money Book for the Young, Fabulous & Broke by Suze Orman
Published
2005
Pages
400
Rating
4.4/5
Copies Sold
500,000+
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