Tuesday, April 13, 2010

Finance, My Friend: Chapter 1 - Complete Idiot's Guide to Personal Finance

I finally stopped procrastinated and picked up my edition of The Complete Idiot's Guide to Personal Finance In Your 20s and 30s. As promised here are the takeaways for Chapter 1.

Chapter 1: The Stuff They Didn't Teach You in College

1) Kids are taught little to nothing about personal finance in school. This lack of knowledge remains through college unless you happened to have studied business/economics. The good news is that slowly pushes are being made to bring financial knowledge to school curriculum.
2) Friends and family don't generally discuss personal finance. Specifics like how much you or your friends make aren't as important as discussing 401ks etc.
3) Personal Finance isn't hard to understand and is well worth your time - you're investing in your own stable future!
4) It doesn't matter how little you make, everyone can save a little something. Something is always better than nothing.

1 comment:

camilynn said...
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