I was lucky enough to get a signed copy of “More Money for Beer and Textbooks“ (no, they didn’t pay me to write a book review though I’m happy to be paid in number of beers for number of praises!) so in the true youngandthrifty.ca fashion, I’d like to give my two cents (not sure if I can use that term anymore, two nickels?) on the book!
First off, I’m amazed and how quickly this book was written and how much work Justin and Kyle put into this book! It’s very very well written and I think the quintessential book for EVERY freshman starting college or university (or even for high school kids just finishing high school in the summer). I truly think that if this book were accessible to each college freshman, there would be a lot more financially responsible kids around.
Much like these guys’ blog writing, this book tells it like it is, but isn’t too harsh to hurt the egos and the fresh thinking of the young 17 or 18 year olds reading this. It goes step-by-step what to expect, what to think about, what to do or not do in consideration of what will happen after they graduate (e.g. dealing with real life and $50,000 student loan debt). It gives a sorely needed sense of realism for the 17 to 18 year olds of Canada today.
I liked how they went through the basics and the nitty gritty of what each college freshman should know, and left the more complex stuff (such as investment decisions) out. Basically, Kyle and Justin are like the big, financially knowledgeable big brothers you wish you had who guide you through the financial nitty gritty of college and university, and help prepare you (or at least give you the information) on how to get out of university unscathed and ready for the real world.
Here are a few of my favourite chapters: Continue Reading →