Top Reads to Prepare Your Kids for Life During and After College

3 years ago

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Anxious about preparing your teenager for college and beyond? If so, know you’re not alone. I have two great books that can provide your child a roadmap (or at least a few tips!) to achieve financial success. The books I recommend all kids get their hands on are:

(1) The Richest Man in Babylon by George S. Clason; and,

(2) There is Life After College by Jeffrey S. Selingo.

Although first published over 90 years ago, The Richest Man in Babylon offers brilliant, time-tested financial advice on saving and investing that remains relevant to new generations of readers. The financial advice provided in this short book (less than 200 pages) is distributed through a series of parables set in ancient Babylon. This book is a must read for all teenagers about to embark on college, the beginning of their careers and the years beyond.

I would also consider the second book on my list, There is Life After College, to be a must read for all college-bound students. This book provides a blueprint for those hoping to get the most out of college. The tips, advice and insight will help students, regardless of their major/degree, obtain real and meaningful employment following graduation. I was so impressed with the advice dispensed in this book that, upon my completion, I immediately gave it to my oldest son, Ethan, to read. Ethan is still a couple of years away from college, but I believe the advice contained in this book will be invaluable to him as he navigates his way through college and into the beginning of his career and adult life.

If you would like to discuss any of the issues/points raised in these books, please do not hesitate to reach out to me. Best of luck to you and your children!

Louis Shaff, CFO

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All written content on www.thecabanagroup.com website (the "Website") is for informational purposes only. The material presented is believed to be from reliable sources and no representations are made by Cabana, LLC, Cabana Law Group, or Cabana Financial, LLC (collectively, “Cabana”) or its affiliates as to another parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with a financial advisor, accountant or legal counsel prior to implementation. No party, including but not limited to, Cabana and its affiliates, assumes liability for any loss or damage resulting from errors or omissions or reliance on or use of this material.

The views and opinions expressed are those of the authors do not necessarily reflect the official policy or position of Cabana or its affiliates. Any content provided by our bloggers or authors are of their opinion, and are not intended to malign any religion, ethnic group, club, organization, company, individual or anyone or anything.

Information presented is believed to be current. It should not be viewed as personalized investment advice. All expressions of opinion reflect the judgment of the authors on the date of publication and may change in response to market conditions. You should consult with a financial advisor before implementing any strategies discussed. Content should not be viewed as an offer to buy or sell any of the securities mentioned or as legal or tax advice. You should always consult an attorney or tax professional regarding your specific legal or tax situation.

Viewers or recipients of the information herein that do not agree with the term and conditions of use, should not utilize this website or any information contained herein. Decisions based on information contained herein are the sole responsibility of the person viewing the website. In exchange for utilizing the information on this website, the visitor agrees to indemnify and hold Cabana, its officers, directors, employees, affiliates, agents, licensors and suppliers harmless against any and all claims, losses, liability, costs and expenses (including but not limited to attorneys' fees) arising from the use of this website, violation of these terms or from any decisions that the viewer makes based on such information.