Best Five Ways to Become Financially Literate
2. When you're tempted to spend money on want rather than need, remember the message in the bestseller The Millionaire Next Door: Wealth is accumulated, not spent. It's usually the result of a lifestyle of hard work, planning, and self-discipline with money.
3. Find out if there's a chapter of Students in Free Enterprise (SIFE) operating at your college. SIFE partners with businesses and colleges to teach students about free enterprise. At some colleges, SIFE offers workshops that teach money management skills to college students. To find out if they're available in your community, visit www.sife.org.
4. Read a good book about basic personal finance, such as Everything Personal Finance in Your 20s and 30s by Debby Fowles or The Complete Idiot's Guide to Personal Finance in Your 20s and 30s by Sarah Young Fisher. Consider it one of the most important textbooks you will ever buy.