Broke Millennial by Erin Lowry: Your Guide to Financial Freedom: This comprehensive book offers financial guidance tailored for millennials, focusing on key aspects of personal finance. It provides practical advice on budgeting methods like the Cash Diet and Zero-Sum Budgeting, and strategies for building an emergency fund, even when carrying debt. The source also covers understanding and improving credit scores and reports, explaining concepts like utilization ratio and the impact of inquiries. Furthermore, it addresses managing various forms of debt, including credit cards and student loans, by outlining repayment strategies such as Debt Snowball and Debt Avalanche. Finally, the text explores the fundamentals of investing, saving for retirement, navigating financial discussions in relationships, and making informed decisions about significant life purchases like homes, while emphasizing the importance of seeking fee-only financial advisors.
