Rockstar Book Review: “Broke Millennial”

They also say the author teaches on a personal level, which gets them more engaged. Customers find the book relatable, easy to read, and not too technical. They appreciate the terminology, clear, concise, and excellent information. Readers also mention the complexity of topics covered in broke millennial review the first few chapters. The book was enlightening and easy to understand, and I loved the way Lowry used personal anecdotes to address broader financial questions. However, certain sections stood out more than others, often leaving me mid-chapter thinking, “I wish I’d known that sooner.”

Reviews

While the book came out in 2017, I was looking for something that could cover the broad financial landscape for young professionals, and I was confident Lowry’s advice would still be relevant. I felt eager to learn but admittedly naive about a lot of personal finance topics. Enter your mobile number or email address below and we’ll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer – no Kindle device required. This information is not intended as a recommendation to invest in any particular asset class or strategy or as a promise of future performance. There is no guarantee that any investment strategy will work under all market conditions or is suitable for all investors.

Reading information

It’s clear that Erin understands that nothing beats an encouraging word when we need it most. The stories she’s included along the way – both from her experience and from those of friends and family members – offer context and a good dose of “you can do it too”. Ankur Jain is the Founder and Co-CEO of Kairos, working to make housing, student loans, healthcare, and child care more affordable.

Top reviews from the United States

Elizabeth Warren has announced that she will wipe out all of our student loan debt and make college free. I imagine you’ll hear from some very accomplished commencement speakers, telling you that anything is possible if you follow your dreams and never quit—and that’s true. You’ll have opportunities that no generation before us has had, but you will also be facing an unprecedentedly challenging financial future. All millennials were born into Generation Broke, and today, I want to share some ideas for what can be done about it. Enjoy features only possible in digital – start reading right away, carry your library with you, adjust the font, create shareable notes and highlights, and more. Now readers can roll up their sleeves and work out their finances in this practical and endlessly useful workbook.

• While not every career trajectory is going to look the exact same, knowing the risks of not negotiating made it seem silly not to at least try.
• Especially in the day and age of digital, a lot of people are like, ‘Oh, I can’t do that.
• With scripts, tips, and troubleshooting advice, she takes you through every possible money talk scenario.
• This information should not be relied upon by the reader as research or investment advice regarding any issuer or security in particular.

Ratings and reviews

Broke Millennial is a savvy and smart guide that shows step-by-step how to go from flat-broke to financial badass. Unlike most personal finance books out there, it doesn’t just cover boring stuff like credit card debt, investing, and dealing with budgeting. This book goes beyond the basics to tackle tricky money matters and situations most of us face in real life. Packed with refreshingly simple advice and hilarious true stories, Broke Millennial is the essential roadmap every financially clueless millennial needs to become a money master.

Broke Millennial Workbook will put you in the driver’s seat of your financial journey. Let’s put the “personal” back in personal finance and start getting your money life together. Erin wants you to think about the kind of saver or spender you are. That matters more than most of us appreciate because the stories we tell https://forexarena.net/ ourselves about money and its role in our lives dictate much of our behavior and, unfortunately, we tend not to question them. The author suggests that much of our beliefs about money come from how we grew up and that it’s a good idea to do some introspection to get real about whether our behaviors are working for us.

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Each investor should evaluate their ability to invest long term, especially during periods of downturn in the market. Investors should not substitute these materials for professional services, and should seek advice from an independent advisor before acting on any information presented. Before investing, please carefully consider your willingness to take on risk and your financial ability to afford investment losses when deciding how much individual security exposure to have in your investment portfolio. Customers find the book an excellent beginner book for investing, with vast knowledge and an easy read. They also appreciate the complexity of the topics covered in the first few chapters. Some mention it’s great for beginners, casual, and fun read, while others say it’d be better for advanced students.

The study revealed that people who negotiate their salaries, on average, can increase their income by about $5,000. Since raises over time have a compounding effect, starting higher means you’ll ultimately earn more in the long run. While not every career trajectory is going to look the exact same, knowing the risks of not negotiating made it seem silly not to at least try.

We’re on track for the worst income inequality in generations, and it’s not even our fault to begin with. Erin Lowry is on a mission to help you get your financial life together. What started as a blog titled “Broke Millennial” has now turned into three books, online courses, and multiple presentations about personal finance as it relates to young adults. Customers find the book very understandable, relatable, and easy to digest. They also appreciate the layout, quick summaries, and just the facts.

If you’re a cash-strapped 20- or 30-something, it’s easy to get freaked out by finances. But you’re not doomed to spend your life drowning in debt or mystified by money. It’s time to stop scraping by and take control of your money and your life with this savvy and smart guide.

Stash101 is not an investment adviser and is distinct from Stash RIA. I think it’s also that I completely acknowledge that you’re going to trip up, you’re going to fail. I have failed multiple times trying to reach financial goals. Erin Lowry helps take the stress out of these tricky conversations. With scripts, tips, and troubleshooting advice, she takes you through every possible money talk scenario. Boomers only had to work 306 hours at minimum wage to pay off a 4-year college tuition, our generation has to work 4,459 hours to do the same thing.

The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. It is not designed to meet your personal financial situation – we are not investment advisors nor do we give personalized investment advice. The opinions expressed herein are those of the publisher and are subject to change without notice. It may become outdated an there is no obligation to update any such information. This is a great book for millennials trying to figure out how to manage money, now and for the future, from a peer who walks the talk. The class of 2019 is the last of millennials to graduate college, and they have a challenging financial future in front of them.

The primary reason millennials are the least financially secure generation in a century is that over the past few decades the cost of living has skyrocketed, but our wages haven’t. Even though the economy is technically still growing, most people in our generation aren’t seeing the benefits. If you look at the state of millennials today, nearly 50 percent of us have zero savings; almost 70 percent of us can’t afford a $1,000 emergency expense.