It is hard to believe that it is already April 3rd and across the country soon many high school graduations will start to get underway. With that, will also come the finishing touches on graduates getting ready for college. One of the things that gets most often overlooked though by high school graduates (and their parents) is the financial planning aspect of college. We all know it is certainly expensive to go to school, however with the right planning, you can make sure that you (or your grad) can stay on the right financial track.
As a personal finance junkie, I have always enjoyed the books offered by Dave Ramsey and his team. Today I caught wind that two members of his team, Anthony ONeal, and Rachel Cruze, have a book out called The Graduate Survival Guide: 5 Mistakes You Can’t Afford to Make in College. The book will provide advice on dealing with student loans (with the hopes you won’t have to take out any altogether), budgeting and saving money.
Not far removed from college myself, I must say I wish I certainly would have learned more about these various principles while in high school. College can be a great time of self discovery for sure, but I would highly recommend that the principles of finance be hammered down first before venturing off to campus. That will certainly help set up success for the future!
Check out the below for more on the book: