Time is on your side―smart money management for Millennials
Smart is the New Rich: Money Guide for Millennials is an interactive, step-by-step guide to all things money. From credit, student debt, savings, investing, taxes, and mortgages, CNN's chief business correspondent Christine Romans shows this newest generation of earners how to build wealth. You'll learn the old-fashioned approach that leads to a healthier financial lifestyle, and open the door on a straightforward conversation about earning, saving, spending, growing, and protecting your money. You'll learn how to invest in the stock market or buy a home, even if you are still paying off student loan debt. Romans offers expert insight on the "New Normal," and why the rules of the credit bubble―the one you were raised in―no longer apply. Checklists and quizzes help solidify your understanding, and pave the way for you to start putting these new skills into action.
For thirty years, the financial rules for life revolved around abundant credit at the ready. A quick look around makes it obvious that those rules no longer work, and Millennials just now coming of age and entering the workforce need a new plan to build a solid financial foundation and healthy money habits. This book puts you on the right track, with step-by-step help and expert guidance.
The economy is out of recession and growing, but many young people feel left out of the recovery. It's why smart spending, saving, and debt management is so critical right now for them. A smart money plan is no longer a "nice to have" extra, it's mandatory. Smart is the New Rich: Money Guide for Millennials is your guide on how to use time and some good money manners to build wealth.
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CHRISTINE ROMANS is CNN'S Chief Business Correspondent and anchor of Early Start with John Berman and Christine Romans weekdays 4 a.m. to 6 a.m. ET. She won an Emmy award for her work on the series "Exporting America" about globalization and outsourcing American jobs overseas. She is the author of Smart is the New Rich: If You Can't Afford It– Put It Down and How to Speak Money.
"With Smart is the New Rich, Christine Romans has managed to turn a book about saving and investing money into an enormously entertaining read. If your plans include sleeping under a roof, eating food, wearing clothes, raising a family, and paying off your college loan, you should read this book first thing tomorrow. If you're dreaming even bigger you should read it today."
Aaron Sorkin, American screenwriter and playwright
"Everything you want to know about money but were afraid to ask! Our children today's millennials badly need a smart travel guide through the value of a dollar. I myself have learned so much over the years from CNN's Christine Romans' ability to cut through the financial clutter, and her book comes not a moment too soon!"
Christiane Amanpour, CNN chief international correspondent
It's About a Better Life, Not Just a Bigger Bank Account
It is a huge and highly-educated generation that is asking tough questions about money. Is college worth it? What's the point of owning a house? What if I don't want to work a 9-to-5 office job? Is investing really the best way to save for retirement? Smart is the New Rich answers those questions and more.
Smart is the New Rich is a crash course in personal finance that answers these money questions. You'll learn about everything from budgeting and building credit to starting a business and planning for retirement.
Against a drumbeat of hopelessness about too much student debt and too few jobs requiring a college degree, Smart is the New Rich: Money Guide for Millennials is a realistic and optimistic road map for millennials to save more, navigate their careers, invest in the stock market, and pay their student loans all at the same time.
TIME is a four-letter word of the very best kind for millennials. It is the single most important driver of wealth, and young people have it in spades. That's why the time is now for millennials to address their financial health and start planning their wealth.
Just as you'd buy a guidebook before a trip through Central America or Europe, this is a guidebook for young people travelling for the first time in the money world: at work, with friends and significant others, negotiating a raise, renting an apartment or saving to buy a house, and of course... retirement. Credit, debt, savings, investment, taxes, mortgages this book is an all-in-one explanation of these topics and more, with checklists and other tools to make the plan clear and easy.
Author Christine Romans is a CNN journalist who has been reporting on the events that have shaped the millennial generation, including the terrorist attacks of September 11, 2001, the financial crisis of 2008, President Barack Obama's election and reelection, and the wave of protests from Occupy Wall Street to the Arab Spring to #JeSuisCharlie. These events have shaped the millennial generation- a generation that values experiences over materialism and wants more out of their jobs and money than the credit-fueled mirage that came before them.
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