Five Books for the Broke College Student
Being a broke college student is not fun, but being broke after college could really suck. Don’t bury your head too far in the sand and ignore that fact that your student loan debts are mounting with each semester. Before you graduate, educate your self on how to make wise financial decisions. Before you get that dream job with the professional salary, know what to do with the money you will make.
At the end of the four, five or six years of college, Sallie Mae or whomever your student loan company is, will be patiently waiting to swoop in and take a big chuck out of your first big girl/boy working professional paycheck.
Start the process today of creating a plan to attack your student loan debt quickly. Get it together so you can kick Sallie Mae to the curb as soon as possible.
In addition to understanding what to do with your money, you also need to know how to find a job so you can make some money. College doesn’t always teach you how to get a job, so it is up to you to understand how to launch your career.
These books are just a starting point to get you on your way to making and managing your money and career.
The Total Money Makeover by Dave Ramsey
Okay, folks, do you want to turn those fat and flabby expenses into a well-toned budget? Do you want to transform your sad and skinny little bank account into a bulked-up cash machine? Then get with the program, people. There’s one sure way to whip your finances into shape, and that’s with The Total Money Makeover: Classic Edition.
There is Life After College by Jeff Selingo
Saddled with thousands of dollars of debt, today’s college students are graduating into an uncertain job market that is leaving them financially dependent on their parents for years to come—a reality that has left moms and dads wondering: What did I pay all that money for?
The 21-Day Financial Fast: Your Path to Financial Peace and Freedom, by Michelle Singletary
In The 21-Day Financial Fast, award-winning writer and The Washington Post columnist Michelle Singletary proposes a field-tested financial challenge. For twenty-one days, participants will put away their credit cards and buy only the barest essentials. Thousands of individuals have participated in the fast and as a result have gotten out of debt and become better managers of their money and finances. The 21-Day Financial Fast is great for earners at any income-level or stage of life, whether you are living paycheck-to-paycheck or just trying to make smarter financial choices. >> Buy Now
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert Kiyosaki
It has since become the #1 Personal Finance book of all time… translated into dozens of languages and sold around the world.
Rich Dad Poor Dad is Robert’s story of growing up with two dads — his real father and the father of his best friend, his rich dad — and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you. >> Buy Now
The Defining Decade: Why Your Twenties Matter–And How to Make the Most of Them Now byDr. Meg Jay
Our “thirty-is-the-new-twenty” culture tells us the twentysomething years don’t matter. Some say they are a second adolescence. Others call them an emerging adulthood. Dr. Meg Jay, a clinical psychologist, argues that twentysomethings have been caught in a swirl of hype and misinformation, much of which has trivialized what is actually the most defining decade of adulthood. >> Buy Now