Self-made millionaire, bestselling author and financial planner Suze Orman has penned yet another money guide designed to teach a niche audience how to handle their money. In The Money Book for the Young, Fabulous and Broke, she shows young adults with large debts and small salaries how to lay the foundation for a solid financial future. Orman is refreshingly honest in acknowledging the inevitability that young people will find themselves in less than desirable financial circumstances. However, she tempers this harsh reality with a plan to work within these parameters to build a direct path to a strong financial future.

The book is divided into ten main topics, and each chapter has a user-friendly summary so you can easily track your mastery of the most significant points contained in each. While it might be overwhelming to tackle all of the elements of a financial plan, Orman minimizes this fear by illustrating which components are most deserving of both your attention and capital contributions. Consistent with her previous bestselling books, she reinforces the importance of saving money in a number of retirement and saving vehicles (including a Roth IRA, IRA, 401(k)) as well as the establishment of an emergency fund to cover your monthly expenses in the event of unexpected obstacle. However, she balances this need with the reality that, particularly when you are first entering the job force and saddled with student loans, you may not be able to contribute to all these vehicles all of the time. Specifically, she provides a basic education about each vehicle and then ranks them to illustrate which contributions should be a priority.

Along these same lines, Orman explains which financial vehicles you simply cannot afford to ignore as well as how to locate hidden savings to assist you in making these critical contributions. In addition, she acknowledges the reality that large purchases such as a car and/or a home will impact your financial resources and explains how to maximize the amount of money you can save for these critical purchases and how to negotiate the best deal.

One thing that I love about Orman’s litany of books is that she holds true to a few common themes for financial peace but tailors them to each stage of a person’s financial life. Here, in The Money Book for the Young, Fabulous and Broke, she masters this technique once again, showing young people that being young and broke is just one inevitable step on the long, twisted, and difficult journey to financial success.