Broke Millennial Takes on Investing : A Beginner's Guide to Leveling Up Your Money - (Paperback) - by Erin Lowry (2024)

About the Book

"A guide to investing basics by the author of Broke Millennial, for anyone who feels like they aren't ready (or rich enough) to get into the market"--

Book Synopsis

A guide to investing basics by the author of Broke Millennial, for anyone who feels like they aren't ready (or rich enough) to get into the market

Millennials want to learn how to start investing. The problem is that most have no idea where to begin. There's a significant lack of information out there catering to the concerns of new millennial investors, such as:

* Should I invest while paying down student loans?
* How do I invest in a socially responsible way?
* What about robo-advisors and apps--are any of them any good?
* Where can I look online for investment advice?

In this second book in the Broke Millennial series, Erin Lowry answers those questions and delivers all of the investment basics in one easy-to-digest package. Tackling topics ranging from common terminology to how to handle your anxiety to retirement savings and even how to actually buy and sell a stock, this hands-on guide will help any investment newbie become a confident player in the market on their way to building wealth.

Review Quotes

A great intro for newbies to the terribly complicated financial world, mixed with personal advice on how to handle debt and emulate the mindset of the wealthy. A wonderful resource.
--Danielle Town, author of New York Times bestseller Invested and founder of The Invested Practice

Erin is uniquely capable of making even the most difficult-to-understand financial concepts into something you actually want to talk about, and investing is no exception. If you are intimidated (or, frankly, bored) by the idea of investing, let Erin prove you wrong on both counts with this fantastic book.
--Chelsea fa*gan, co-founder of The Financial Diet

Erin delivers exactly what she promises in this easy-to-digest, conversational book. If you're a Millennial who wants to invest but don't want a boring tome to put you to sleep, this guide gets you started without drowning you in technical jargon. 'Level Up' your money by reading this book!"
--Kristy Shen, co-founder of Millennial Revolution and co-author of Quit Like a Millionaire

Broke Millennial Takes On Investing is the beginning investing book you've been waiting for. Not only does she break down investing terms, but she also explains 'the why' in a way that will resonate with millennials and non-millennials alike. What most impressed me is Erin's ability to explain how to invest in a way that is easy to understand and implement. As a former preschool teacher turned financial educator, I can say that this book has all the hallmarks of a great, transformative read. If you're starting your investing journey, bring this book along with you.
--Tiffany The Budgetnisa Aliche

Erin compares asset classes to craft beers. Need I say more? She explains investing in a way that's simple and easy-to-grasp without being simplistic. She entertains you with stories of Dutch tulips and Ask Jeeves, introduces you to new technologies, walks you through ethical investing and explains the investment landscape so well, you'll feel like an expert by the time you finish reading this book.
--Paula Pant, Founder of AffordAnything.com and Host of the Afford Anything podcast

Praise for Broke Millennial Takes on Investing

She [Erin Lowry] offers clear discussions of everything from individual stock picking to impact investing to the benefits of investing even when you're risk averse.
--The New York Times

It's the youthful perspective that makes this book so refreshing. It's well written and researched by a millennial for millennials. You hear their voices and their concerns without the judgment, sarcasm and superiority we older folks too often convey when we talk to young adults about money.
--The Washington Post

Erin Lowry's Broke Millennial is a charismatic guide to personal finances for people seeking a modern, thorough introduction to the topic.
--Refinery29

"A new book about money that teens and millennials will actually read.... This not only has great insights and tips about handling money, but it's written in a casual, relatable way."
--Time

"Following up on 2017's Broke Millennial, Lowry tackles her generation's queasiness with financial markets as an instrument for building wealth."
--Publishers Weekly

About The Author

ERIN LOWRY is the author of Broke Millennial: Stop Scraping By and Get Your Financial Life Together and Broke Millennial Takes On Investing: A Beginner's Guide to Leveling Up Your Money. Her first book was named by MarketWatch as one of the best money books of 2017 and her style is often described as refreshing and conversational. Erin's appeared on CBS Sunday Morning, CNBC and Fox & Friends. She has written for Fast Company, Cosmopolitan Magazine and Refinery29 and regularly speaks at universities and conferences around the country. Erin spent most of her childhood living in Asia, but now settled in New York City with her husband.

Broke Millennial Takes on Investing : A Beginner's Guide to Leveling Up Your Money - (Paperback) - by Erin Lowry (2024)

FAQs

How to start investing for Millennials? ›

Five investment tips for millennials
  1. Invest early. Investing smaller amounts of money over a longer period of time is a better strategy than investing a larger sum later due to compound interest.
  2. Invest regularly. ...
  3. Save through retirement accounts. ...
  4. Take the 401(k) match. ...
  5. Consider a Roth IRA.

What is the first book I should read on investing? ›

Originally published in 1949, "The Intelligent Investor" has long been considered the only book you'll need to read to learn the principles of investing.

What is the average wealth of a millennial? ›

What is the average net worth of millennials? The average net worth of millennials is $549,600. However, this varies quite a bit across the millennial age range. The median net worth of millennials is $135,600.

What stocks are popular for millennials? ›

Two of the best examples of millennial stocks skyrocketing thanks to attention from the younger generations are Apple (NASDAQ:AAPL) and Tesla (NASDAQ:TSLA). Apple became one of the most successful stories in the history of American capitalism.

What is the number 1 rule investing? ›

Warren Buffett once said, “The first rule of an investment is don't lose [money]. And the second rule of an investment is don't forget the first rule.

What is the best book to understand money? ›

Ranking the 49 Best Money Books of All Time
  • The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life. ...
  • The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. ...
  • Atomic Habits: An easy & Proven Way to Build Good Habits & Break Bad Ones.

What books is Warren Buffett reading? ›

53 books recommended by Warren Buffett
  • Influence. Robert B. ...
  • Shoe Dog. Phil Knight.
  • How To Win Friends and Influence People. Dale Carnegie.
  • Poor Charlie's Almanack. Charlie Munger.
  • The Intelligent Investor. Benjamin Graham.
  • Seeking Wisdom. Peter Bevelin.
  • The Outsiders. William N. ...
  • A Short History of Nearly Everything. Bill Bryson.

How do millennials invest their money? ›

The Bank of America survey found that 80% of young investors are now looking to alternative investments, such as private equity, commodities, real estate and other tangible assets.

How can millennials build wealth? ›

“As a millennial, if you are investing in your accounts — 401(k), Roth IRA, HSA, investment account — setting up automatic contributions on a monthly or per-paycheck basis, and over time if you are increasing the amount you are adding to those accounts, this allows your wealth to grow for you,” said Darren L.

How should a 21 year old start investing? ›

Contributing to a workplace 401(k) plan is one of the easiest ways to start investing in your 20s. Matches from your employer can help your money grow even faster. Using a free broker or robo-advisor to invest a little bit each month is one way to start investing as a college student.

Is 25 too old to start investing? ›

Starting early is a major advantage.

In your 20s, and even your 30s, your biggest asset is time. Even when you're just investing in retirement savings, nothing can make up for the effect of compound interest. Also, if you lose money in the market, you'll have more time to make it back before you need it.

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