Orman cover 10 core topics: credit scores, “career moves,” credit cards, student loan debt, savings, “retirement rules,” investing, purchasing a car and a home, and “love and money,” in a problem/solution approach. She also specifically lists things you shouldn’t do.
This isn’t your typical, dry money management book evidenced by such things as the sub-section titled “Screw Budgets.” Written in Orman’s straight-shooting, tell-it-like-it-is style, it’s real, and often humorous, making the information all the more accessible.
From FICO scores to financing a home and everything in-between, The Money Book for the Young, Fabulous & Broke provides a wealth of advice to help you get ahead. Via the book, you’ll learn:
- What a FICO score is, how it impacts your life, how to obtain yours and improve it, what your target score should be, why you may not have one, and how to establish one
- What paying on time truly means
- What a debt-to-credit limit ratio is and how to improve yours
- The importance of the length of your credit history and why cancelling a credit card may negatively impact yours
- How to make smart career moves, including how and when to ask for a raise and why its important
- The importance of confidence in the job search, focusing on the right career, and why you can’t afford to stay put if you are unhappy
- The difference between saving and investing
- How to approach purchasing “big-ticket” items like a home and a car
- Key financial action steps to take before you get married
