Every young adult should have a realistic chance to carve out their own path in life whether to become CEOs, doctors, entrepreneurs, teachers, firefighters, musicians, artists, or scientists. Too often, young adults' dreams are affected by uncontrollable factors such as systemic barriers, social status, and even ethnicity. When financial worries overshadow the pursuit of passion, the path forward becomes clouded. Many promising young adults find themselves hindered by the fear of potential debt or the limitations of a path income outlook, thus holding back their potential to rise above their circumstances. By lessening the impact of financial worries in the decision-making process, young adults can let their passions, aspirations, and talents influence their path forward.
School Is Out strives to marginalize the influence of financial worries by equipping young adults with financial knowledge, money management skills and strategies that give them control over their lives. Utilizing the way young adults learn in academic setting, the book provides tips, examples, exercises and chapter tests to reinforce each chapter principle.
Upon completing School Is Out, you'll possess the following capabilities and much more:
• Earn risk-free income with U.S. Treasuries and Certificate of Deposits
• Understand the advantages and drawbacks of investment vehicles 401k, IRA, ROTH IRA, and Personal Brokerage to make informed financial decisions.
· Apply the power of compounding interest; fully grasp its impact on your investment and retirement portfolios.
· Navigate the details of a loan and calculate the monthly payment to stay ahead of your financial commitments.
• Manage a credit card balance and calculate its monthly interest to maintain your financial health.
• Implement effective strategies to establish and grow your credit profile.
• Use proven approaches to obtaining good credit.
• Put into action powerful tactics for paying off debt.
• Access free resources dedicated to monitoring and managing your credit score.
