Tuesday, February 10, 2009

Where to Get a Good Credit Financial Education

Let’s face it; our public school system is broken. Even though credit and personal finance is one of the most important aspects of our daily living, basic financial knowledge is rarely taught in our schools. What little financial information learned is taught from our parents and that information is passed down from generation to generation. Unless your family has a business, it’s quite possible that you know very little about finance.

While this blog is about Saving Money Using Credit Cards, without a basic understanding of finance, you may not understand what I’m writing about. I was fortunate enough to be raised in a family that had a business that taught me how to balance the books, raise cash, and make a profit all at the early age of six. By the time I was in High School, I all ready worked 10 years when the kids my age were getting their first job at McDonalds.

Needless to say, the Los Angeles Unified School District did not contribute to my financial education.

But what about you, where are you in your financial education? My guess is that like everyone else, you have little financial knowledge and this, perhaps, is why you are reading this blog.

Regardless, you need to start somewhere and going back to High School may be your answer. I don’t imply that you physically attend classes, but picking up some financial reading material may help aid you in your education.

One of the best resources to get started with your financial education is What Every High Schooler Should Know about Credit and Finance, by Jarrod Williamson.

The reality is that many of the areas covered in this book are simply not taught to young people. Thus many people, including adults, don’t know the important and, in some cases, hidden and nearly secret information about the way financial things really work in American society.

– Thomas Mayhew, Publisher, CrimsonBooks.

I don’t think that I can sum it up better than what Thomas just did! You need a financial education that our public schools did not provide you.

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