I was asked to do a talk for a virtual career fair last year. The messages are still the same and will help those transitioning from college to work handle student loans, savings, and basic risk management.
Just because the average new college graduate this year will have over $30k in student loan debt does not make them bad.
The fact that they have no clue how to repay it effectively, nor the $10k+ of consumer debt, is bad.
That is why you should get your grad a copy of “Financial Mistakes of Young Americans” (available on this site or at Amazon) because the section “The 10 Minute Debt Plan” will show the most mathematically efficient way to pay down the debt, and give your grad a PLAN so they feel good about what they are doing.
The book also has a bunch of other valuable info to help them out, so splurge and spend the ten bucks to give them the guidance that they didn’t get in school.
Hopefully early next week, both “Do You Want To Make MDRT, Or Not?!” and “Financial Mistakes of Young Americans” will be available on Amazon Kindle.
Financial Mistakes of Young Americans is now available on Amazon.
If you own the book and liked it please leave a review so that others can find this tome.
146 pages of irreverent insight.
The finest edutainment available in financial planning!
After discussions with the editors and publishers there is an outside chance of Financial Mistakes of New College Grads having a new edition out this summer. It would be 3.1, and will include the 5 Minute Debt Reduction Plan in the budgeting section.
Anything else y’all like to see in this version? Last call!
I did a talk at RPI the other night for the Greeks on Financial Mistakes of New College Grads. It is now becoming a Youtube sensation: http://www.youtube.com/watch?v=rPZfZwJunhM
Now you can download it and listen to the book at work when you should be doing something else, like maybe working. But you can listen to it while on hold, instead of that annoying hold music.