Many young people want to know how to responsibly deal with their money but don't like talking about it directly. Instead, they use personal finance websites and podcasts to learn about financial topics. But are those sources giving good advice or are they just trying to sell something or slide money into an investment that the podcast just happens to offer? Everything a College Student Needs to Know About Personal Finance provides the reader with a trusted source of financial information. Todd Erkis, a college finance professor and former business executive, interviewed recent college graduates from all social-economic backgrounds and uses their experiences to explain the important financial topics that face young people as they start out on their own. These engaging stories involve those who were successful in navigating the perilous first few years after college, and some who were not. Written in plain, jargon-free language, the book addresses financial issues that recent college graduates need to deal with including: Making financial decisions when starting a first real job Becoming a world-class saver without creating a budget Dealing effectively with student loans Understanding and improving credit scores Preparing federal income taxes Investing, including how to open an investment account and how to invest that first $10,000 Determining whether an "investment" is really speculation Deciphering whether cryptocurrency a good investment After reading this book, young people will be armed with the information they need to avoid common financial mistakes and the tools they will need to lay the foundation for a sound financial future. This second edition has been updated for recent events and includes new material.
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