One of the big complaints in the world of personal finance is the lack of personal finance education in school. We teach our young people the basic concepts of math in high school but we fail to show how it applies in real life. We have a fundamental disconnect in formal education between the skills we need to excel at work (which is what we learn in high school and college) and the skills we need to excel at life.
Just think about the brainy engineer who lacks social skills because he or she has focused solely on studying and education. They will likely excel at work but experience difficulty in life, we need to find a better balance.
When it comes to personal finance, it takes real life people writing about real life personal finance issues. That’s why it’s important for young professionals to read Kimberly Palmer’s new book Generation Earn. It takes many of the money situations young professionals are like to have, hopefully before they tackle them, from the perspective of someone who has been there. Kim is currently senior editor and personal finance columnist for US News & World Report and between her job and her life, she’s seen a lot of the concerns many young professionals face.
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