Thursday, May 23, 2013

Why This Stuff Is So Important (To Me)

Toolboxes are also very important me.
I am a twenty-year-old sophomore in college, and soon I will have to venture out into the real world, get a job and pay bills and taxes like a real person. It's incredibly important to me that I feel somewhat ready. My parents never really talked to me about money, and I've seen it come up all over the place as a source of conflict and sadness. If I can avoid conflict and sadness, I will. 


Here are some statistics I found to coerce you into reading my blog:

  • About thirty-four percent of parents have taught their teen how to balance a checkbook, and less than that has explained how credit card interest and fees work and ninety-three percent American parents with teenagers report worrying that their children might make financial missteps such as: overspending or living beyond their means. (Charles Schwab’s 2008 “Parents & Money)
  • Around sixty-nine percent of parents admit to feeling less prepared to give their teenager guidance about investing than they do having the ‘sex talk’ with them. (Charles Schwab’s 2008 “Parents & Money)
  • 41% of U.S. adults, or more than 92 million people living in America, gave themselves a grade of C, D, or F on their knowledge of personal finance, suggesting there is considerable room for improvement. (The National Foundation for Credit Counseling and Harris Interactive Inc.,,

Just to be clear, as much as I'd like more views on my blog, I am advocating financial literacy in any way, shape, and form. Here are some suggestions of books that I've read and gained a lot of knowledge from: 
  • How to Be Richer, Smarter, and Better-Looking Than Your Parents by Zac Bissonnette
  • I Will Teach You to Be Riche by Ramit Sethi 
  • Personal Finance For Dummies (7th Ed.) by Eric Tyson 

As always, contact me with questions, comments, or suggestions! You can either comment directly on the post or send me a private message to  

Photo credit: TOMTEC via photopin cc

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