Broke Millennial: Stop Scraping By and Get Your Financial Life Together (Broke Millennial Series)

This book is a top notch intro to personal finance. If you're a young(ish) person, I want to start getting control of your money this book is for you. The book has a hefty focus on the mental aspect of finances, which I personally think is the most important. So I really appreciated that. But here's a quick overview of what you can expect. It covers - The mindset and mental blocks you may have around money (based on how you grew up) - How to overcome bad financial mindsets and how to create a good financial mindset - Different situations you might be in and how to handle them (allows different people to relate in different ways) - Ideal benchmarks for you to hit in order to be "on track" with your money at certain ages - Different financial products (investment accounts, bank accounts, credit cards) and how to look for the best ones - Basics of investing and retirement planning - Basics of buying a house vs renting - Info about credit cards and credit reports Basically, this book covers all things personal finance in a really approachable and digestible way. I've been studying finance for years, and rarely come across something this comprehensive that still holds my attention. There's a good balance of storytelling and practical advice. It's not an investment book or advanced level retirement planning guide or hardcore tax strategy book. It's a solid book on how to go from not knowing much about your money to totally killing it. It would be comparable to Ramit Sethi's I Will Teach You To Be Rich, if you like that book, you'll love this one too. Highly recommend.

I bought this book because I’m graduating from college this spring and need to start thinking seriously about my future. From job hunting to apartment hunting and student loans to monthly bills, the prospect of adulting was terrifying. Asking my parents was out of the question. As much as I love them, they’re not what I would consider to be great financial role models. (Not to say they aren’t great role models, but finance isn’t one of their biggest strengths!) I scoured the internet for advice and tips and eventually found Broke Millennial. What makes Broke Millennial so different and the reason why I chose to buy the book was because it’s aimed at people like me (aka twenty/thirty-something’s with little to no financial expertise). The topics Lowry covers are relevant to those in all walks of life. Her writing style is fun, witty, and personable while also being very informative. It’s like talking to the mom-friend who has her life together: you can ask her anything and she’s nonjudgmental. I also loved the way the book was set up. You don’t have to read the book chapter-by-chapter to understand what she talks about. All of the chapters cover different topics and only reference each other once in a while; you can read the chapters in any order you please. Overall, Lowry’s advice is relevant and laid out in an easy to understand format. I’ve already implemented some of her advice and it definitely works! I’ve already ordered her other book and will be reading it as soon as I’m done writing this review! Cheers!

Kudos to Erin Lowry! As graduation rapidly approaches the lives of my peers and myself, I understand that life is quickly going to change. For me, I am excited for the day of financial independence, and understand the responsibility it brings. This book provides a solid outline for a variety of 20-something-year-olds who are about to take a financial leap. It even breaks up the millennial demographic in three different categories of money handlers: Team YOLOFOMO (showing no care of finances), Team Guarded Optimist (aware of the future, but not worried at all about it), and Team Dreaming about Retirement (penny pincher and savings heavy). Purchasing this book was a smart investment!

I typically have a hard time finishing any book I start. NOT THIS ONE. I couldn't put it down, and while it called me out on some really poor habits that have put my finances in a really bad place, it did so kindly and I left it feeling really empowered. Not empty, "You can do it, yay! Go you!" empowered, but more "I can do this because I actually have an idea how to now, or at least where to start." It helped too that I was grinning and laughing out loud at least once or twice a page. A little of my story: I grew up with parents who'd been disabled since birth, barely able to support our small 3-person family on nothing but welfare, about $900-$1100 a month. I started working at 13, sometimes pulling three part-time jobs while in school, because the only way we could afford anything for me as I became a teenager is if I went out and earned the money. Now a 27-year-old, in seven short years since starting school I've amassed over $54,000 in debt, most of that in student loans but some in credit card debt - and that debt feels CRIPPLING. I've been focusing on MAKING things happen in life, literally no matter the cost and realize now thanks to this book that if I don't want to slip into bankruptcy I have to switch gears a little bit. I don't make a whole lot, have no familial support and live in a very expensive city, so despite starting to gain traction in my career this debt seemed like this inevitable, immovable beast I'd be forced to live with, forever holding me back from building any kind of wealth or breaking the cycle of poverty. This book makes those factors seem a little less heavy and a little more workable. The strategies listed in this book are incredibly helpful and attainable, just about regardless of where you're starting, and I find myself inspired and ready to slay the debt dragon and start making real progress toward my financial goals. Please read this book whether you are buried in debt, just have a few thousand dollars worth, or are completely debt free. You'll never look at your paycheck(s) the same way again!

Le meilleur livre pour commencer à gérer ses finances

It is very well written, easy to read except some mentions I believe about modern life, I did not find in dictionary. I read it slowly as I want to remember main points of the book. Great book!!!

Todo el libro está adaptado y detallado con base en el sistema financiero norteamericano. Aunque está hecho para que cualquiera lo pueda entender de manera amena, no vale la pena si estás en otro país con diferentes bancos y sistema financiero.

Easy to read and understandable. Would recommend using other voices for text to speech to make reading more enjoyable and exciting.

This book has lots of great information, but I had to skip over a lot of it since it’s about the American system. There’s lots about budgeting that anyone can use, but a good idea to find your own countries finance books on each financial product mentioned here.