This week it's all about financial book reviews as I raise awareness for my Indiegogo campaign. Today's book is More Money for Beer and Textbooks.
We talk a lot about struggling college students. And with more than $1 trillion in student loan debt outstanding in the United States, the struggling college student is all to real.
So, how can you get through college without breaking the bank? Kyle Prevost and Justin Bouchard can help you out. Their book,More Money for Beer and Textbooks, is aimed at helping college students learn the basics of responsible finances. With the help of this book, you, too, can make it through college relatively unscathed.
Basic Money Principles Anyone Can Learn From
As you might be able to tell from the cover, this book is actually written by Canadians, and aimed at Canadians. Justin is an online friend of mine (but I get to meet him at FinCon next month), and works in higher education in Canada. However, just because this book is aimed at Canadian students doesn't mean that others can't learn from it.
Many of the concepts in the book apply to American students as well. Indeed, a number of the basic money principles apply to?everyone — even non-students. Some of the basic principles from the book include:
- Getting part-time and summer jobs
- Responsible credit card use
- Tips for having fun without breaking the bank
- The importance of being smart about your student loans, and paying them back
- Ideas for saving money on textbooks
The lessons that you can learn from this book go beyond just saving money on dorm furniture. It's about laying a solid financial foundation for the future. The earlier you start to prepare for college, the better off you'll be. You don't have to give up your desired lifestyle, either. Well, you don't have to give up?too much, anyway. You just have to learn how to properly manage your money so that you have enough to pay for school. And you have to be willing to understand what's most important to you, and what you need to do to get it.
Navigating the Realities of Today's Economy
More Money for Beer and Textbooks acknowledges that these are tough times to be living in. Jobs are hard to come by, and tuition costs keep rising. There is nothing you can do about these wider situations.
However, it is possible for you to make the best of the situation, and take an active part in your own financial success. This is where Justin and Kyle come in. They both understand the education system, and they both know about money. Using their useful tips and practical guidance, you, too, can navigate these difficult times and come out (mostly) ahead.
This book is full of solid financial concepts that almost anyone can apply to improve their finances, but it is especially relevant for students looking to start their lives off on the right financial foot.