Why Didn’t They Teach Me This in School? 99 Personal Money Management Principles to Live By
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- a highly valuable resource on the building blocks for excellent money management in young people
- many of the tips won’t necessarily land right away in the mind of an eighteen year-old
- a great gift for both a graduating senior and his or her financially minded parents
Move over, math and history and biology: money management will be taking our teens’ class schedules by storm! Or so the subject should be doing. Author Cary Siegel has provided young and financially curious readers with the ultimate resource in valuable budgeting, spending, and investing tips and techniques, all of which are so spot-on that they beg a solid answer to the titular question, Why Didn’t They Teach Me This In School? Ahead of the temptations of credit cards and tangos with student debt that they’ll face in college, Siegel’s title makes for an excellent preparatory and cautionary read alongside high school seniors’ test prep volumes.
Admittedly, a good number of the principles Siegel suggests — mortgages and weddings and mutual funds, oh my — will float over the heads of spring-break-minded young people. Perhaps the book works best as a long-term parenting resource, one that parents can use over time to shape their children’s relationship with money as they mature. But reading through Why Didn’t They Teach Me will definitely instill at least a modicum of respect for the importance of personal financial management in teens!