Schools Training

4 Financial Advice Books for New Grads of Early Childhood College

5 MAR 2012
Career Path : Healthcare

You are about to realize your dream and graduate from early childhood college. Perhaps you even have your first “real” job lined up! Now is the time to think about how you will manage the money you make as an early childhood assistant. Here are some books that can get you started.

1.     Never Too Late: Take Control of Your Retirement and Your Future

Canadian personal finance guru Gail Vaz-Oxlade, host of TV’s Princess and Til Debt Do Us Part, demystifies retirement planning in this personal finance book.

Of particular interest to new graduates of early childhood college? Chapter six: “Figure Out How Much You’re Going to Save.”

(Vaz-Oxlade also had a book called It’s your Money: Becoming a Woman of Independent Means that touches on financial issues of particular concern to female graduates of early childhood college, including taking time off from work to raise children of your own.)

2.     The Wealthy Barber Returns

An “older and marginally wiser” David Chilton returns with a sequel to his 1989 Canadian personal finance classic, The Wealthy Barber.

Of particular interest to new graduates of early childhood college? The chapter explaining the differences between two retirement savings vehicles: TFSAs and RRSPs.

3.     The Total Money Makeover: A Proven Plan For Financial Fitness

American personal finance expert Dave Ramsey invites us all to learn from his own mistakes. In this 20s, he made – and lost – a fortune in real estate. Since then, he has made it his calling to educate others on sound money management.

Of particular interest to new graduates of early childhood college? The message that “no one is born financially smart.” Learning to manage your money is just that, a learning process, to be undertaken with the same care you gave to your early childhood assistant courses.

4.     397 Ways to Save Money: Spend Smarter & Live Well on Less

The woman behind squawkfox.com, Canadian personal finance blogger Kerry K. Taylor, perhaps best known for her “frugality series called How to stretch a whole chicken into many healthy meals,” can help new graduates of early childhood college make the most of their starting income.

Of particular interest to new graduates of early childhood college? Taking action now to save money by, for example, raising the deductibles on your insurance policies, could save you thousands over the course of your career as an early childhood assistant.

It’s time to put away your early childhood assistant textbooks, but not time to give up on reading altogether. Taking the time to educate yourself on personal finance upon graduation from early childhood college could help you build the life you want faster.