Book Review: The Money Book for the Young, Fabulous & Broke, Suze Orman
Monday, January 26, 2009.
You may not be young any more, and you may consider yourself to be fabulous, but in today’s economy you may also certainly fall into the “broke” category. The Money Book for the Young, Fabulous & Broke gives you a wealth of financial information. From explaining to you the importance of knowing and maintaining a good FICO score to knowing whether you are ready to make that next big purchase, e.g. a home. The author, Suze Orman, explains sometimes complicated financial concepts in easy to understand layman terms. She offers “the broke,” solutions and ways to fix their financial woes.
This book is one of those books that you don’t have to read all at once. You can pick the chapter or part of a chapter that is relevant to your situation, study it and then apply it to your problem. Each chapter is divided into three sections: the “Lowdown,” where Suze explains the financial concepts in layman terms; the “Strategy Session,” where she takes real live problems and offers readers a tangible solution, or way to go about resolving a problem. Finally, in the “Quick Playback” section, found at the end of each chapter, you get a checklist or summary of all the important points that were discussed at length in the Lowdown and Strategy Session sections. I find the Quick Playback section to be very helpful, sort of like an action list of things that you should be implementing to steer you to that healthier financial place you are seeking.
So ladies, if you need a guiding light through what might feel like financial darkness, this book may be the book for you.

