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Personal Finance for Young Adults

From Broke to Boss 7 Simple Steps to Building Wealth, Crushing Debt, and Living Your Best Life as a Financial Beginner

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Personal Finance for Young Adults

By: Kirk Teachout
Narrated by: Mike Lenz
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About this listen

Avoid unnecessary debt, financial stress, and bad investments right from the start with this simple seven-step system for financial literacy.

We learn a lot of things in school that we seem to never need again. Yet one of the most important factors of a successful adult life remains almost untouched by schools: financial literacy.

The lack of knowledge and experience with money management comes at devastating costs for young adults: Nearly one in five adults between the ages of 18 and 24 with a credit record in the US currently have debt in collections.

Many of them will likely accumulate more and more debt in the upcoming years, leaving them with little to no assets and an uncertain future.

If you are between the ages of 17 and 25, it is crucial to educate yourself about personal finance.

By doing so, you will be able to utilize the money you make in the best way possible, set and achieve your boldest goals, and create financial independence for yourself.

But what is the best way to get started? Unfortunately, there is a lot of outdated and misleading information out there that can actually worsen rather than improve your financial situation.

Thankfully, this book is different. It will help you understand the most important aspects of money management, so you can achieve financial independence in just seven simple steps.

Inside this book, you will discover:

  • How to build a financial mindset that will set you up for a successful future
  • The five most common mistakes when setting up financial goals and how to avoid them
  • Making money: How to find a job, even if you have little to no work experience yet
  • The ultimate guide to getting rid of debt and staying out of it
  • An introduction to budgeting: What it is, why you need it, and how to make it work for your individual situation
  • The six best investment types for newbie investors and how to determine which ones will work best for you
  • And much more!
©2023 Kirk Teachout (P)2023 Kirk Teachout
Personal Finance Budgeting Money Management Inspiring Money

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Listener received this title free

The book begins by cultivating a powerful financial mindset, setting the foundation for a successful future. It then dives into goal-setting, exposing the common mistakes to avoid, ensuring readers can make the most of their hard-earned money. For those just starting, the book offers valuable advice on finding a job, even with minimal work experience.

What I truly loved about this book is its comprehensive coverage of debt management. It's crucial to stay out of the debt trap, and the book provides a thorough guide on how to achieve that. Budgeting is another essential skill covered, tailored to individual circumstances. In a world where financial ignorance can lead to devastating consequences, this book stands out as a beacon of knowledge and empowerment. It equips young adults with essential tools to make smart financial decisions, avoid unnecessary stress and debt, and pave the way towards a financially secure and fulfilling future. Highly recommended!

great financial guide

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Listener received this title free

This is a great resource for anyone with teenage and young adult children or grandchildren. I purchased as a how to for me. So I can guide my grandchildren to be better with their money than I was with mine. From avoiding the credit trap to setting up more than one savings account this book has practical information that can be implemented easily. The book emphasizes having a responsible and forward mindset towards money and tells how making small changes can make a huge difference. The story about the rice was the best way I have ever heard compound interest explained. This book also shows how to start saving money no matter where you are in your money journey. I learned a few things myself.

Great resource

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Listener received this title free

This amazing guide is the perfect companion for anyone starting out in life or wanting to discover the best foundational tools to gain and manage money efficiently. All the tips, advice and information is on-point and the narration is engaging. I'd certainly recommend a listen to any and all teens and young adults.

So perfect for beginners!

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Listener received this title free

"Personal Finance for Young Adults | From Broke to Boss: 7 Simple Steps to Building Wealth, Crushing Debt, and Living Your Best Life as a Financial Beginner" by Kirk Teachout is an absolute game-changer! First of all LOVE the title. As a dad of several young adults eager to take control of their finances, this audiobook was exactly what I needed. It will stay in the Audible library forever. he goal is for the 2 soon to be teens to listen soon as well.

Teachout's witty and relatable style makes learning about finances surprisingly enjoyable. The seven steps are practical, well-explained, and easy to implement, even for those with limited financial knowledge. From budgeting to investing, this comprehensive guide covers it all.

Prepare to go from broke to boss!

A Fun Financial Adventure! TAKE IT.

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Listener received this title free

Kirk Teachout's audiobook, "From Broke to Boss: 7 Simple Steps to Building Wealth, Crushing Debt, and Living Your Best Life as a Financial Beginner," is an excellent guide for young individuals seeking financial independence. With a simple 7-step approach, the audiobook provides valuable insights into achieving financial literacy and making smart money decisions.

The author emphasizes the importance of financial education, especially for young adults, to avoid financial pitfalls and build a solid foundation for the future. Teachout's writing style is engaging and straightforward, making complex economic concepts accessible to newcomers.
The audiobook covers a wide range of topics, from setting financial goals to managing debt, creating budgets, and exploring passive income opportunities. By breaking down the process into manageable steps, Teachout empowers listeners to apply practical strategies to their financial lives.

The focus on passive income is a standout aspect of the audiobook. It introduces overlooked ways to make money and sets the path for long-term financial security.

Teachout's message is clear: with dedication and effort, financial freedom is achievable. This isn't a get-rich-quick scheme, but a solid plan followed by successful self-made millionaires.

Overall, "From Broke to Boss" is a comprehensive and engaging guide to finance for young adults, although its insights are valuable for all ages. The audiobook provides essential lessons on financial mistakes to avoid, setting goals, saving, and wise investing. The use of relatable examples helps readers understand and learn from others' experiences.
This audiobook is a great gift for young adults entering the workforce or those struggling with finance. It teaches essential financial wisdom, and its practical advice can lead to a more secure financial future. I highly recommend "From Broke to Boss" to anyone looking to take charge of their financial destiny.

A Great Guide for Financial independence

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