The odds are that the graduate you are celebrating is on the verge of entering a world where the financial services industry is poised to eat him or her alive, and they have had no instruction or very little on how to defend themselves. If it's a college graduation, some big bites have probably already been taken - just ask if they made it debt free.
I recommend two books, both of which can easily be read in a couple of weekends. These books are literally life changing, in that they are loaded with information that will put the graduate on the right financial path and they are inspirational. Each author has lived what they preach. Check out their respective blogs to get a flavor of their writing style.
Blog: http://www.iwillteachyoutoberich.com/
Both are very good books Robert. If the advice is followed, can save the fresh graduate from a lot of grief later on.
ReplyDeleteAs Andrew says, these are principles that should be taught in school.
ReplyDeleteGot book #2 last year for #1 son. Must to my shock and disbelief, he actually read it and told me it was a very good book for young people........ now if I could just get him to change his spending habits....... but good things come to those who wait.
ReplyDeleteInteresting. In a sense, managing one's finances is like a big game with various challenges, including Uncle Sam, the big brokerages, and even the company you work for. Ramit talks about automating finances, asking for a raise, investing, dealing with creit etc. that spells out useful strategies in young peoples' terms.
DeletePart of the trick is getting young people to read the book.
like the idea...I really appreciate it...very creative and fantastic idea.
ReplyDeleteSend Gift To Pakistan From Australia
Send Gift To Pakistan From Australia
Send Gift To Pakistan From Australia