Saturday, February 18, 2023

Review of Broke Millennial: Stop Scraping By and Get Your Financial Life Together by Erin Lowry

 

"Broke Millennial: Stop Scraping By and Get Your Financial Life Together" by Erin Lowry is a helpful and informative personal finance book aimed at millennials. Lowry uses a conversational and relatable tone to discuss a variety of topics related to personal finance, such as budgeting, saving, investing, and managing debt.

One of the strengths of the book is its focus on the specific financial challenges faced by millennials, such as student loan debt and the changing job market. Lowry also provides practical advice and tools for readers to implement in their own financial lives, such as worksheets and checklists.

"Broke Millennial" is a great resource for anyone looking to improve their financial literacy and take control of their money. The book is easy to understand, well-organized, and full of practical advice. It's a great starting point for those who are just beginning to learn about personal finance, but also offers valuable insights for those who are more experienced in managing their money.

One potential weakness of the book is that some of the information may be too basic for those who already have a solid understanding of personal finance. Additionally, some readers may find Lowry's writing style to be too casual or simplistic.

"Broke Millennial" is a wonderful read for anyone who wants to improve their financial literacy and take control of their finances, particularly millennials who are just starting out on their financial journeys.

You should read "Broke Millennial: Stop Scraping By and Get Your Financial Life Together" if you are a millennial struggling with personal finance and looking for practical and relatable advice. The book is written in a conversational and humorous tone, making it easy to read and understand. Erin Lowry breaks down complicated financial concepts into simple language and provides actionable steps for readers to take control of their finances.

The book covers a wide range of topics such as budgeting, saving, investing, and tackling debt. It also addresses common financial challenges faced by millennials such as student loans, career choices, and relationships. The author draws from personal experience and interviews with other millennials to provide real-life examples and insights.

While "Broke Millennial" has generally received positive reviews and feedback, there are some criticisms and concerns raised by readers and reviewers.

Some readers have found the book to be too basic, with advice that may seem obvious or already known to those who are financially literate. Others have noted that the book is geared towards a younger audience, and may not be as relevant for those who are further along in their financial journeys or looking for more advanced strategies.

Some reviewers have also criticized the book for its lack of diversity and representation, particularly in terms of the author's personal experiences and examples used throughout the book. Additionally, some readers have found the author's writing style to be overly casual or irreverent, which may not be to everyone's taste.

Overall, while "Broke Millennial" has resonated with many readers and is often recommended as a helpful starting point for those looking to improve their financial situation, it is important to keep in mind the potential limitations and criticisms of the book.