Finance Coaching 101 – Your roadmap to improved financial health.

What They Don’t Teach You in School

We spend most of our first eighteen years of our lives in school being taught such subject matter as writing, reading, math, history, and science. But our formal education leaves out much of what a young adult needs to know when leaving home and going out on their own. One of the most important, if not the most important, educational gaps is a lack of financial literacy and understanding of budgeting and personal expense management. We are never taught about all of the goods and services we will need to buy, and how to plan those purchases to keep from creating financial problems in the future. The absence of this part of your education can create a stressful financial situation that can take years to fix.

Why You Would Need This Book

If you have recently moved out on your own or are about to
If you are struggling to understand where all your money goes;
If you realize that you cannot continue going down your current financial path;
If you know you need a budget but don’t know where to start, regardless of your age or income.

What You Will Learn

Understanding Budgets

Without an honest look at what your current spending habits are and how they match up to your revenue sources, everything else will simply be a guess. Knowledge is the key to financial stability, and a well- planned budget is your roadmap to success.

Expense Management

“A penny saved is a penny earned” isn’t just a cute little phrase from your childhood, it’s also a fact. By analyzing your current expenses and being creative to come up with less expensive ways to pay for the goods and services you need to live, you will put more money in your pocket, just like getting a raise at work.

Increasing Your Income

If you aren’t making the money you want or need from your current job, you have options. Maybe it’s finding additional income from your current employer; if not, maybe one of the hundreds of “side hustles” out there is what you need. With the internet, technology, and a little creativity, it’s never been a better time to earn additional money without having to find another traditional job.

Testimonials

Great read and really great info. A lot of this stuff is not taught in schools. Going to have my girlfriend and 14 year old step daughter read as well! Highly recommended.

I gifted a copy of this for each of my sons. It does a really nice job of simply explaining some of the financial topics that many parents might forget to discuss. The book is well-written with clear explanations. It includes homework/exercises that are helpful. Highly recommended.

Schools don't teach the real money issues people have anyone - budgets. I gave this book to my niece and nephew and they were so greatful. I highly recommend this book. It's short, concise, and super helpful.

Most financial advice comes from those with decades of experience, speaking to an older crowd who can easily relate. In this book, Rusty Rodgers forgoes these life lessons in favor of a pragmatic, systematic program that anyone can use to generally improve their unique situation. He provides easy to use templates, but gives the reader plenty of other avenues (phone apps, websites, etc.) to apply the concepts described in the book. While targeted for younger adults, this book can help anyone work to improve their finances. You can take these concepts, work them in gradually, and quite easily improve your financial situation. Highly recommend for anyone looking to help children understand finances, improve financial literacy in the young adults in their lives, or simply learn of a few ways to save themselves some money.

The book provides a logical and well thought out look at day-to-day finances. The Glossary in the back is a good reference tool for anyone needing to know what various financial and insurance terms mean. The digital spreadsheets and referrals that come with the book are very good, too.

This book was nicely organized, easy to follow, and covered all the categories that someone needs to address as they put together a budget. I liked the way the sections were idividualized in a usable order. Then they were followed by resources that that provided online information to expand the section, action items to encorage you to apply the knowledge you've obtained, as well as templates for your own budget items . So usable! This book would make a great gift for Christmas, graduation, birthday, or even a wedding.

This book is easy to read, well organized and offers the reader practical insights into personal finance and budgeting. I wish I had this as a resource when I graduated from college. I bought a couple copies for my kids who will surely benefit from it.