ChickSpeak

Financial News got you down? Feel like you’ve got to stay in just stay afloat? Well don’t.

Go out, get some fresh air and pick up a copy of Farnoosh Torabi’s fabulous book “You’re So Money”. Farnoosh’s work at the street.com and relationship with entertaining money manager Jim Cramer has helped her create a book about finances that is educational, entertaining, and full of just good advice for how to handle your finances sans Mom and Dad’s purse strings and have a fairly fabulous existence in the meantime.

Recent studies have shown that even though we are some of most educated people to have recently stepped into the working world, young people, those of us right out of college in our early twenties are making the most uneducated financial decisions and are graduating from college with more debt then we can handle.

Farnoosh’s advice makes sense and it also is loaded with witty quips from friends, colleagues, and other about how to live within your means, and not takes vows of poverty. So many financial guru’s such as Suze Orman or books such as the “Millionaire Next Door” advocate financial boot camp, or giving up everything fun and uncessary in order to get yourself back on financial track. While that is all good and heartfelt advice, it’s fairly hard to stick with. Much like a way too strict diet, you can stay on track for awhile and then you go on a big binge.

As someone who could always use a little financial words of wisdom and a few extra Diane Von Furstenburg dresses, I certainly was able to take Farnoosh’s advice to heart. She advocates knowing what your needs are versus what your wants are. Taking stock in a general sense of where your money is going and knowing when you should make a sacrafice like living at home with parents after graduating in order to save for a home or get out from under some debt. She also believes in having fun and having nice things, which is a refreshing breath of fresh air from a financial writer. She too loves Diane Von Furstenburg, so I can relate. She dedicates a whole chapter to how to save money and still go out in style.

In the end her advice is quite valid and true. If you can live on tuna and crackers for year so you can have that pair of Jimmy Choos, by all means do it. If you can’t and know you don’t have the willpower, not many of us do, then think about what you buy before you put down your American Express. It’s all about financial checks and balances and that is why her book is so money!