We will discuss this book on 25 April 2023 via the Online Personal Finance Group, if you’re keen to join. You do not need to have read the book to join the discussion but it is strongly encouraged.
Erin Lowry’s book, “Broke Millennial,” is a refreshing take on personal finance for young adults. The book covers a wide range of financial topics, from creating a budget to investing in the stock market, and does so in a way that is both accessible and engaging.
One of the standout features of the book is Lowry’s writing style. She writes in a conversational tone, often sharing personal anecdotes and humor to make even the most complex financial concepts easy to understand. This approach makes the book enjoyable to read, which is a rare feat for a book about personal finance.
Lowry also addresses some of the unique challenges that millennials face when it comes to money. For example, she acknowledges the burden of student loan debt and provides actionable advice on how to tackle it. She also talks about the impact of social media on our spending habits and offers tips on how to resist the pressure to keep up with our peers.
Another strength of the book is its practicality. Lowry doesn’t just talk about financial concepts in the abstract; she provides concrete steps that readers can take to improve their financial situation. For example, she walks readers through the process of creating a budget and offers tips on how to save money on everyday expenses.
Perhaps most importantly, “Broke Millennial” is a book that empowers its readers. Lowry encourages young adults to take control of their finances and provides them with the tools they need to do so. She dispels the myth that personal finance is only for the wealthy or the highly educated and shows that anyone can improve their financial situation with a little bit of knowledge and effort.
Overall, “Broke Millennial” is a must-read for anyone looking to improve their financial literacy. Lowry’s engaging writing style, practical advice, and focus on empowering her readers make this book a standout in the world of personal finance literature.