Young, Fabulous and Broke? Suze Orman Has Debt Relief & Financial Freedom Advice Books for You!

Are you a parent that has all the financial responsibility in the world on your shoulders and living paycheck to paycheck? Does it seem like there is no way out of this endless cycle of working just to pay your bills? Well, I certainly felt this way. I have been in consumer credit counseling, which was very helpful, but I still felt like a financial idiot. What was I supposed to do to get ahead? How was I going to ensure that my family was going to get the best they deserve which includes the finer things in life AND me? Well, I was sitting at home one day contemplating this and watching my local PBS station when an infomercial came on that was an real eye opener.

Enter Suze Orman, my financial guru! I had heard of Suze Orman before briefly and about her cable TV shows, but didn't really know what all the hype was about. I decided I would watch this infomercial and see if there was anything to the Suze Orman phenomenon. The infomercial was to raise money for PBS and promote Suze's Book "The Money Book for the Young, Fabulous and Broke". I got a chuckle out of the title, but thought to myself, "I'm young, fabulous and definitely broke" let me hear what this Suze Orman person has to say! Suze revealed some very interesting things to me such as:

  • Your credit score can have an impact on your car insurance premiums!

  • Your Fico Score is different from each of the credit bureaus and they are combined to make ONE Fico Score.

  • Each credit bureau has their own credit report on you, and they don't always have all of the same information that the other ones do.

  • If you have debts that are way overdue, they automatically fall off of your credit report in seven years.

  • If you make a payment on those old debts at any time during the seven years, even if it is at the sixth year and eleventh month, you have started the seven year cycle all over again!

  • As if you didn't know it already, bankruptcy is the WORST thing you can do to yourself and you should avoid it all costs. Suze recommends joining a consumer credit counseling agency if necessary.

  • It's actually OK to live off of your credit cards while you are young for necessities so you can work the job of your dreams and put away the maximum amount of money in your 401 K Plan (only if they match).

  • You should switch credit card balances to other credit cards as often as you need to to get the best interest rate.

  • Despite what you may have heard, you should avoid interest only home mortgages at any cost, because if anything were to happen to you and you lost the home for any reason, you would have no equity and would have to start from scratch.

    • And much more!

    In addition to the advice above, in Suze's "The Money Book for the Young, Fabulous and Broke" book, Suze gives you an access code so you can access more financial secrets at the Suze Orman Website.

    All in all, I would recommend any of Suze Orman's books, they are a real lifesaver and will put you on the path to financial freedom!

    Christina Khan is a single-mother and a recovering young, fabulous and broke parent. She runs a baby birth announcement website with parenting advice and articles for new and expectant parents.

    Christina also runs a cccs credit counseling debt relief blog that gives consumers a place to share and discuss their credit counseling experiences with others.

    In The News:

    pen paper and inkwell


    cat break through


    The Seventh Jewel - Book Review

    The Seventh Jewel is a fantasy-adventure fiction geared for youth... Read More

    Ideas Are Free - A Book Summary

    Without great ideas, no organization can stay afloat, much less... Read More

    Book Summary: First, Break All The Rules

    Based on a mammoth research study conducted by the Gallup... Read More

    Why The Dems Can?t Stand Tom Delay & Tim LaHaye

    THE MORAL OF THE STORYLou Dubose and Jan Reid's new... Read More

    Going Deeper - Book Review

    Going Deeper by Jean-Claude Koven is certainly a nicely presented,... Read More

    Metaphorically Selling

    The Big IdeaA lot of people consider selling a very... Read More

    Inspiration for the Fired Soul

    You're Fired! is a book that tackles the real story's... Read More

    Albany, NY Family History Reference Now Available Thanks To Author Joseph Yakel

    "Personal research references, especially for families who once lived in... Read More

    Alison?s Journey: Book Review

    "The dedication in this book is a work of poetry... Read More

    Free Ebook Offer: The Story of America: Discovery

    Did Columbus first discover America?Did the Vikings first discover America?Did... Read More

    FISH! Tales - AchieveMax® Top Ten Book Review

    FISH! Tales: Real-Life Stories to Help You Transform Your Workplace... Read More

    72 Hour Hold

    Bebe Moore Campbell weaves a tale of unrelenting love and... Read More

    Book Summary: Effective Networking For Personal Success

    We are all "self-employed" now.Today there is absolutely no job... Read More

    The Birth of I Confess

    I dreamed since I was fourteen years old to spend... Read More

    Pandemonium - Book Review

    "Within the first few pages, I was engrossed and deeply... Read More

    Product Review: Quick and Easy Ways to Instantly Mine Pure Gold from WordTracker

    The other day I was surfing the net looking for... Read More

    On the Brink of Risk - A Book You Wont Put Down

    On the Brink of Risk is a fiction novel inspired... Read More

    The Southwest Airlines Way - AchieveMax® Top Ten Book Review

    Over the years, several books and countless magazine and newspaper... Read More

    Washington Historian Remembers Harriet Lane, the Greatest First Lady

    Washington Historian Remembers Harriet Lane, the Greatest First LadyWASHINGTON DC:... Read More

    Looking for Harvey Weinstein Book Review

    Brassy, ballsy and full of energy.A totem of two women's... Read More

    Men of Extreme Action - Book Review

    "Action, thriller and humor ? this book has it all!... Read More

    Atlanta Pastor Releases Book Of Life

    Local Atlanta Pastor known for his charity work such as... Read More

    ARTURO EL REY - Book Review

    This large (about 378 pages), fantasy-adventure novel should give best... Read More

    Sportcraft Treadmills

    Sportcraft Treadmills - Lowww EndSportcraft treadmills are late entries from... Read More

    Bury My Heart at Redtree

    Title: Bury My Heart at Redtree Author: Patrick Chalfant Genre:... Read More

    Free Ebook Offer: The Story of America: Discovery - Article 2

    Just think. If the Vikings had made just that little... Read More

    How to Survive Sudden Leadership Challenges - Covey Has Some Clues

    I have decided to start with this text as simply... Read More

    Book Release: Ginas Poems - Adventures in Love

    Book Release: Gina's Poems -- Adventures in Love Written... Read More

    James Martells Methods and Yahoo

    In James Martell's Affiliate Handbook, he mentions that he focuses... Read More

    Cut to the Chase

    The Review Diaries "If It Doesn't Go Up, Don't Buy... Read More

    Rat Race Blues E-book Review

    RAT RACE BLUES: How To Break The Stranglehold Darlene Arechederra... Read More

    Book review on Finite Capacity Scheduling, Part I

    Finite Capacity Scheduling by Gerhard Plenert PhD and Bill KirchmeirI... Read More

    Dark Autumn - Book Review

    "Now this could definitely be a movie! Dark Autumn is... Read More