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Overall, this was a good, informative book for people in their 20's who aren't exactly loaded. It starts out with the very basics and moves up from there. It's nicely divided into sections, so you can focus on what you want to learn, and maybe skip sections that don't pertain to you.
There were parts that I felt were more common sense, and there were parts that I definitely disagreed with- ie, if the "dream job" you landed doesn't pay enough to make ends meet, no, it is not OK to put your necessities on a credit card until you get a raise. You need to look for a new job. Or if you really, really love it that much, a second job.
Anyway, the part that I learned the most from was the sections on stocks, mutual funds, and investing. I realized stocks aren't all that complicated and you don't need to have thousands of dollars to start investing- you can start with just $50 a month, not even.
It's also refreshing that she recognizes her audience doesn't have thousands of dollars sitting around, and acknowledges that the steps she recommends are big changes for people who don't have a lot of money.
There were parts that I felt were more common sense, and there were parts that I definitely disagreed with- ie, if the "dream job" you landed doesn't pay enough to make ends meet, no, it is not OK to put your necessities on a credit card until you get a raise. You need to look for a new job. Or if you really, really love it that much, a second job.
Anyway, the part that I learned the most from was the sections on stocks, mutual funds, and investing. I realized stocks aren't all that complicated and you don't need to have thousands of dollars to start investing- you can start with just $50 a month, not even.
It's also refreshing that she recognizes her audience doesn't have thousands of dollars sitting around, and acknowledges that the steps she recommends are big changes for people who don't have a lot of money.
I didn't have a clue who Suze Orman was before reading this book, my cousin who is around my age recommended it, so I read it. I learned a lot within the first three chapters. There were a few parts that didn't apply to me (yet) but it was an entertaining book to read even though it's about a boring topic. This should be MUST-READ for all high school graduates.
All stuff you can find on the internet, but Suze's straightforward "no-nonsense" explanations makes her book stand out. She's also really good at making complicated subjects more approachable. Some of the questions/sections were more relevant than others, but it's still a good resource for most people under 30-ish.
I really enjoyed Suze's writing style in this book. She has a way of being straightforward with her advice and not making me feel stupid. Before reading, I was frustrated with how much I didn't understand everything regarding finances and especially the vocabulary. But her writing made it easy on my eyes. I'm amazed how much I know and understand after reading this book!
Not sure why this isn't required reading for all high school students, if only to hear the rules of the game for the first time.
I got this book for my birthday from my sister. She thought it would help me with my money problems!! hahaha I am still trying to work on them!
My new bff suze breaks down all the things you want to know about credit cards, buying a car, ira's, investing etc. It's really easy to read and really practical. I really like this book. It's amazing how much you can learn and it's not hard to understand.
This is a good finance book if you fit the for tag: Young, Fabulous, and Broke.
If you've managed to get yourself out of debt, or are on track to get yourself out of debt, or are in-between Young and middle-aged, there are better sources for the game plan Suze Orman lays out for you. And those are told in a more straightforward and easy to digest fashion. The language and tone taken in some of the sections grated on me. I also blame the poor Kindle conversion for some of my issues with the book - some charts and tables were not formatted well, and there were references to page X throughout and my app prefers to operate on "locations" and "%" which made me have to switch over to pages in order to better follow the back and forth references to other parts of the book.
I disagree with her stance on credit card debt and how it can sometimes be a good thing to rack up debt month after month chasing a dream. I agree with her that when you're young and unattached is the time to do it, but I personally am uncomfortable with that level of risk in my life.
I really appreciated her in-depth discussion of investing basics and beginner strategy. I learned a few things here, which is why I read the book in the first place. The section on home buying was also well done.
If you're looking for the best finance book out there, I still recommend All Your Worth by Elizabeth Warren and Amelia Warren Tyagi, and I Will Teach You To Be Rich by Ramit Sethi.
If you've managed to get yourself out of debt, or are on track to get yourself out of debt, or are in-between Young and middle-aged, there are better sources for the game plan Suze Orman lays out for you. And those are told in a more straightforward and easy to digest fashion. The language and tone taken in some of the sections grated on me. I also blame the poor Kindle conversion for some of my issues with the book - some charts and tables were not formatted well, and there were references to page X throughout and my app prefers to operate on "locations" and "%" which made me have to switch over to pages in order to better follow the back and forth references to other parts of the book.
I disagree with her stance on credit card debt and how it can sometimes be a good thing to rack up debt month after month chasing a dream. I agree with her that when you're young and unattached is the time to do it, but I personally am uncomfortable with that level of risk in my life.
I really appreciated her in-depth discussion of investing basics and beginner strategy. I learned a few things here, which is why I read the book in the first place. The section on home buying was also well done.
If you're looking for the best finance book out there, I still recommend All Your Worth by Elizabeth Warren and Amelia Warren Tyagi, and I Will Teach You To Be Rich by Ramit Sethi.
An absolute must read (in my opinion) for any one between the ages of 22 - 35. Suze walks you through building and keeping good credit, how to save for your retirement, schools you on investing, tells you what you need to know purchase a home, and how to navigate the tricky field of love & money. It's a great reference book to have around, and I just love the conversational tone it is written. I skipped the Buying and Car chapter (I don't have a license) and I skimmed the Love & Money section. I even gave myself homework to go back over the Retirement Rules and Investing Made Easy sections and make notes. It is definitely a gateway book to personal finance - Once you master the basics she teaches here, you'd be well informed enough to read more books on Investing and Money Management.
Not sure if I agree with all of her advice but I appreciated her chapters on retirement and investment