Financial Rules for New College Grads
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A01=Michael C. Taylor
Author_Michael C. Taylor
Business: Finance
Car Buying
Category=VSB
Compound Interest
Current Events and Issues: Education
Entrepreneurship
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eq_isMigrated=1
eq_nobargain
eq_non-fiction
eq_self-help
Financial Media
Home Ownership
Insurance
Interest Rates
Investment Advisors
Investments and Banking
Retirement
Savings
Taxes
Product details
- ISBN 9781440861055
- Weight: 510g
- Dimensions: 156 x 235mm
- Publication Date: 12 Apr 2018
- Publisher: Bloomsbury Publishing Plc
- Publication City/Country: US
- Product Form: Hardback
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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.
Michael C. Taylor sold bonds on Wall Street and founded a private investment business. He also writes about finance for the San Antonio Express News and the Houston Chronicle.
