Eventually I will just buy it on my own, when I have extra cash. I think Suze does a great job of addressing the needs and worries of people my age, and of clarifying a lot of basics.

Another thing that’s good about this book is the accompanying YF&B website. You need the code in the book to access it. The site is great, with some FABULOUS message boards, a semi-personalized Action Plan with recommendations of what you should to do improve your finances, and lots of links to forms, other useful websites, calculators, etc.

If you can’t tell, I’m a big Suze fan. Glad you reviewed this book!

Sorry to horn in here, but I saw your question. The reason it can’t be done is because of banking regulations (thanks, Congress) which state that savings accounts are just that– savings. Once an account becomes a transaction account (Demand, NOW, Checking, Draft, etc), they are either fee’d heavily, or frozen (6 per month for withdrawals from savings accounts, of which 3 can be automatic).

Incidentally, 6 comes out to about once a week (average). If you have a pretty good handle on what your bills are, when they are do, etc. and have a comfortable cushion in your checking account you can just do a lump sum transfer for all the bills that will be coming in every week or every month. That’s what I’ve been doing, and because we (spouse and me) are so anal about not bouncing checks and having enough money, it hasn’t been a problem.

About the post–

Orman is good at what she’s good at, much of which is selling Orman. This book is pretty good, but it’s not really earth shattering news. Most of it is in her other stuff almost verbatim. That being said, I think young people could benefit from some of the advice within.

On a separate topic, I had a finance question for you – is it possible to do bill pay from your savings account? Wouldn’t that be ideal? Then you could earn interest on your money up to minute you pay out your bill. Have you ever done research on this, or is this possible?