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Business & Finance - Financial Rules for New College Grads: Invest before Paying Off Debt―and Other Tips Your Professors Didn't Teach You

Description

Book Synopsis: An indispensable guide for any recent graduate that provides simple, easy-to-follow rules for making smart personal finance choices during the first decade of one's career. Having graduated from college with a degree, even the luckiest newly minted professionals—those who are able to quickly find a full-time job and support themselves—are often burdened with thousands of dollars in student loan debt. Many of these young professionals grow up hearing that they should not invest until their debt is paid off. Others fall too readily for investment scams or the siren call of instant entrepreneurship. Still others don't invest at all. From financial expert Michael C. Taylor comes a proposed means by which to not only pull oneself out of debt but to start building wealth from the first day on the job: adoption of modesty, skepticism, and optimism. The Financial Rules for New College Graduates explains that by embodying modesty, the opposite of status-seeking ostentation; skepticism, the ability to recognize scams, false promises, and the hyperbole and short-sightedness of financial media; and optimism, the belief that financial security can be yours with little to no risk, anyone can attain financial security. The early chapters address the role of interest rates, compound interest, and discounted cashflows, while the remaining chapters explore each of the most consequential personal finance choices that recent graduates will make in the first ten years of their career.

Details

Are you a recent college graduate burdened with student loan debt? Worried about how to make smart financial choices while starting your career? Look no further than "Financial Rules for New College Grads: Invest before Paying Off Debt―and Other Tips Your Professors Didn't Teach You." This indispensable guide, written by financial expert Michael C. Taylor, provides simple, easy-to-follow rules that will help you not only pay off your debt but also start building wealth from day one on the job.

Forget what you've heard about waiting to invest until your debt is paid off. Taylor proposes a different approach that combines modesty, skepticism, and optimism. By embodying modesty, you can avoid falling into the trap of status-seeking and ostentatious spending. With skepticism, you'll be able to recognize scams, false promises, and misleading financial media. And with optimism, you'll believe that financial security is within reach with minimal risk.

In this book, you'll learn about interest rates, compound interest, and discounted cashflows to gain a solid understanding of how these concepts impact your finances. Taylor then dives into the most consequential personal finance choices you'll make in the first decade of your career. Whether it's investing in stocks, managing credit cards, or planning for retirement, this book covers it all.

Don't miss out on the opportunity to take control of your financial future. Get your copy of "Financial Rules for New College Grads" and start making informed decisions that will set you up for long-term success. Click here to purchase.

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