This book turned my financial picture around 180 degrees! From $20,000 student loan debt, $15,000 credit card debt, and not sure how to dig out...to all loans paid off, new car purchased, retirement started, emergency savings built up, and house bought. Very helpful!!
I agree with about 95 to 99 percent of Suze's advise. Am giving this to my high school-graduated granddaughter so hopefully she can start out on the right foot, especially as pertains to student loans. Also: Save, Save, Save!!! Has lots of references to her website, no surprise. I feel that I am financially savey, having been raised in a very financially diligent home, having worked with educated, successful people, and done a sufficient amount of reading/research on my own and am not driven by consumerism. However, for those who have not been so exposed or lucky, this is a worthwhile read for initial awareness and guidance. Then use your own judgement. Her essential principles are right-directed.
Writen for another website:
Of course I knew most of this already and agree with Suze about 98% of the time. Watch her show regularly but also know she is in the 'business' to make money - just not as a stock broker anymore. So I don't take her as the know all to end all, just add her to my repertoire. However, I bought the book so I could read, evaluate, and pass it on to my 16 year old granddaughter. I think it is a good enough basic book to get a young person, especially not financial savy or with any good money management teaching, a head start towards becoming financially stable. Experience is always going to be the best teacher, but hopefully this book will help most novices avoid costly mistakes in both dollars and time. Good explanation of terms, many references to other web sites, and tools.
This is a great book for those of us that are not talented with budgeting our money.