It’s a mission to help EVERY high school graduate. Oh, it sounds so simple but every year the cycle of pain repeats itself. This is the ultimate manual to avoid the 5 Mistakes a large majority of college students make. These mistakes may cause you years and years of pain and hardship if you too follow the path of so many others. Don’t buy the hype, buy the book! 5 Mistakes, is the must have book for every high school senior. The caliber of your future will be determined by the choices you make today.
ANTHONY ONEAL is the national bestselling author of The Graduate Survival Guide: 5 Mistakes You Can’t Afford to Make in College, and travels the country spreading his encouraging message to help teens and young adults transition into the real world.
If you took out the repetition, this 104 page book would probably be half the length. The author's financial mistakes from college were reiterated in virtually every chapter. If quotes were used in a paragraph, they were very likely reprinted on the same page in bold type.
Skimmed because it was the most idealistic thing I've ever read in my brief but well-read life.
I wish they had said this was only applicable for people with a considerable amount of wealth pre-college. Maybe a "lower class and disadvantaged need not read." The recommendations were stupid and would never apply to a giant amount of the US population. Let me include what they consider "the Big Five": save a $500 emergency fund, get out of debt, pay cash for your first car, pay cash for college, build wealth and give. I can't even put into PG-rated words how infuriating this book was because how could someone ever think this could be applicable to everyone? There are teens who can't even dream of getting a car, let alone attending college. Saving $500 emergency fund? On minimum wage? In a lower income family? AND THEN GIVING BECAUSE "GIVING WILL BE A TREMENDOUS BLESSING TO YOU AND TO OTHERS?" Give me a break.
I was floored when I saw how high a rating this had on here. Me and some of my recent college grad coworkers were laughing at this because of how ridiculous it is. I guess this is a good book for you if you can already afford most of your college expenses and a car.
A quick and very useful guide to spending and saving money in college, complete with personal anecdotes and sample budget plans for you to try out. As someone who knows very little about student loans, credit card payments, etc. (I’m fresh out of high school, okay?) I found this very informative and helpful in pointing me in the right direction financially to graduate with little to no debt.
Have you ever needed some advice on how to handle your money in college? How about some advice for what to do and not to do in college? This book would be for you if you’re looking for something like that. Anthony ONeal has written this book as a helpful little guide for teens going into college and or coming out of collage. The style of this book is a helpful reading. Books that you read and learn a lot from and than apply it to your life in some way. I can’t wait for some of you to start reading this book, The Graduate Survival Guide: 5 Mistakes You Can’t Afford to Make in College.
This is an informational book, giving advice on things you should and shouldn’t do in college, on your way to college, and after college. Talking about things like money and working on a budget. It spends quite some time talking about paying more attention to classes than your social life and friends. After all a good college GPA won’t make you any less cool. Sometimes you won’t be able to do all of the thing your friends are doing but you need to do what's best for you in the long run. Your future self will thank you for it later when you graduate college and you're not drowning in money problems like the rest of your friends.
This book is arranged in chapters and sections within those chapters. For example, chapter three is titled Mistake 03// Dumb Choices. Within that chapter there are little sections for bad choices people have made going into college. In chapter 03 there are sections titled Choosing a Major, Purchasing Wisely, Ways to Save Cash, and Staying Focused. I really enjoy the way this book is set up because it helps you with different things specifically in one category. This makes it a little easier to understand and a lot less stressful when its cut into sections within chapters.
There are no characters at all. There are however a lot of other stories from random college students. These stories consist of things that they recommend doing in college and things they do not recommend doing in college. Each student also talks about different aspects of college and the things they recommend you do if and when you find yourself in pickles. We all can find ourselves in a pickle from time to time. I can empathize with a few of these stories because some of these people are super stressed about college and so am I.
The theme of this book would be coming of age. I believe this for the fact that this book has stories from adults reflecting on their younger years and the things that they did right and wrong. They reflect back on their younger years and tell the reader of all the things we should avoid in college and our adult life. I think these stories contribute to the work because that is what the whole book is based around. I think that they are effective due to what I have taken out of this book. One of the bigger things I have taken from this book is that budgets are an important and very helpful way to save and use money. I learned quite a bit about saving money and not spending money on things that I don’t need. Save money for emergencies so you don’t have to stress not being able to take care of something. Money is a gift and a privilege, you should spend it only on what you need and save up for more important things in the future that may come your way.
I would give this book a 5 star rating because it has everything a good informational book should have. The book is intended for an audience of any age from high school and up. It provides good information and has real world stories from people who have gone through their own experiences in college. This is a good book for anyone wanting to learn something about how to handle money and future expenses.
Book #9 of 2020: Overall, "The Graduate Survival Guide" was okay. It's meant for high school/college students, so I get the oversimplified approach. Considering personal budgets and debt:income ratio is not taught at many schools in the public school system, I can see the value of this book. I personally don't think it's worth the $19.99 sticker price however.
Like many Ramsey Solutions books, Anthony Oneal and Rachel Cruze provide many anecdotal snippets with less real facts. It relies on flashly canvaprint or similar graphic designs in every chapter with pie charts and bar graphs to grab your attention.
I read this before I plan to give it to one of my senior runners who is heading off to school. In running we say that running is 80% mental and 20% your physical ability. The one fact that resonated with me is the 80% behavior 20% head knowledge when it comes to money.
We have gotten very diligent with our money. My wife and I both contribute 11% pre tax to retirement pension and each have a ROTH IRA that we plan to max out this year. We are debt free and finally able to start cash flowing vacations, but as a charter school teacher it came at a cost. I was paying double and triple payments on college loans, throwing upwards of $1500 a month at debt.
I think one thing that we as Americans do as a culture incorrectly is we do not talk politics or finances in a constructive way. We try to show our worth with material goods, something I remember from a book called "Affluenza". We buy the new iPhone 11 or new $300 Jordans before paying ourselves first and that comes at a cost. You cannot get back time. And, unfortunately, most things about retirement and compound interest come with time. If you look at any of the actuarial tables, the majority of your interest does not come until the last 10-15 years (after decades of saving).
Though I work in one of the lowest paid districts in the state of MA and we are ~30-35k a year below the average teacher salary, it is fun to be able to splurge on something when you hear others counting pennies because they have squandered their check on payments.
I am looking forward to having a conversation with my senior athlete after she gets around to reading this. She has a good head on her shoulders and got accepted to a $60,000 a year school and right now has $52,000 in scholarship and aid coming her way. She works hard. Pays her own way. So I'm excited to talk about potential income and wealth building.
It's not surprising that the top three millionaire professions are engineers, accountants and teachers. You must make S.M.A.R.T. goals, and make a plan to reach them.
If you have an hour you can breeze through this book, but for the average person who has read finance literature and self-help you aren't going to get much from this. It is a good refresher though to read before talking to teenagers about money and debt/wealth.
I thought this book was super convoluted, gave vague advice and never really amounted to suggest ANYTHING of actual value or application. Also, the perspective from which this book approaches a number of topics about education and debt gives advice that is only applicable for people who live a certain lifestyle and have specific, conventional goals, with little acknowledgement of any lifestyle that varies from that. Overall, I think I gained absolutely nothing from this book, and found myself more frustrated by its underdeveloped points than anything else.
A quick read on key topics relevant to a college student. It's part of the Ramsey publishing, so no debt, emergency fund, and give generously - all good ideas for the college student (though the giving may be more in terms of time than money at this point). It has a few anecdotal stories of the trouble one can get into with debt, but doesn't hit it as hard as some of Ramsey's books or presentations. Frankly, I think the scare tactics can work well at this age to keep kids out of debt before they ever get into it, and more here wouldn't be a bad thing. Too easy to slowly drift into debt, thinking you're managing until you walk into a pink slip and realize what you thought you were managing, turns out to be overwhelming with the first piece of bad news.
First of all, let me begin by noting that this book is high-quality physically. They've got an appealing layout; clear, concise graphs; really nice graphics; and the high-quality, glossy paper to boot! The book also comes with an online code and a DVD--I have yet to check those out; Ima wait for my sister since the book is very applicable to her.
This book was a short, super easy read. It took me between two and three hours, and it's light reading, too. The authors wrote in simple language and explained their points clearly. The book is targeted at teens and young adults either in high school or just entering into college. Full disclosure, I am a recent college graduate, and am, consequently, a little older than the target audience. That said, I still found the book both inspiring and informational.
I think this is an excellent resource for kids who want to live their lives with intentionality, and anyone who knows me knows that's a pretty big deal to me. I'm a kid who came from nothing, and I've worked my tail end off to get where I am today. I am blessed beyond measure and have been throughout my life. If I can do this, so can you!
The book provides a variety of insight on more than just money topics. Yes, while money is the central theme of the book, it wasn't the only golden nugget I found. The book talks about everything from choosing the right school and program to saving up for your first car to watching your online presence and being aware of how the choices you make today can greatly impact your options in the future. It covered common pitfalls for college-aged kids, including student loans, first cars, budgeting, credit cards, credit scores, focusing on academics, making money, life-long friendships, exploring/choosing/switching majors/career fields, saving, giving, dating on a budget, avoiding scams, social media, and general life goals and planning. There were stories both from the two authors--one who lived the life of debt, the "normal" life, and one who didn't--as well as from a handful of recent college graduates.
The book isn't one-hundred-some-odd pages of pure genius, guys. Really, it's just a book about common sense in a not-so-common world. Entering into college is a big deal, and it comes with a lot of responsibility. College years set you up for the rest of your life, and just like the stone dropped into a pond, there are a lot of ripples you have to deal with after graduation. I enjoyed this book because it was simple. It was clear. It's designed to appeal to younger peeps and it's written at their level. It's full of revealing stories, practical tips, wise advice, and powerful encouragement. I'd highly recommend this to any high school, college student, recent graduate, or even middle school student who is determined to take the reigns of their future.
I will issue one warning, however: this book isn't for those who live the lives of victims. If you're steeped in the "impossible" mentality, turn away. If you think the world is out to get you, you can't get ahead for whatever reason, if you think this stuff is only for the elite...you'll never grasp the simple truth of this book. This book is a challenge. It may be easy to read, but it certainly isn't easy to do. Only open this book if you choose to plan for the best life you can have, if you are determined and persistent and if you refuse to give in to the lies that say you can't.
As a recent college graduate, don’t waste your time with this book. The 3 main take aways that I got from it are: Don’t take out any student loans at all costs, don’t sign up for credit cards ever, and don’t be impulsive. There are maybe 4 pages in this book with actual decent advice that isn’t just the authors or people they interviewed complaining about how they wish they hadn’t gone into debt.
There is some strong insensitivity/ or just being out of touch with the reality of the financial situations of colleges students or the fact that institutions have raised the rates so high that it is nearly impossible to go to school without loans if you don’t manage to get a full ride scholarship. I was lucky enough to have my parents save money for my education and went to a relatively cheap school, but I still needed to take out student loans.
A students primary vocation is just that, being a student. And most do not make enough working at their part time job to be able to pay off tuition for a semester let alone a year on top of their living expenses. Student loans aren’t just “advertised as free money” like the book claims, they are literally a means for most people to even be able to afford higher education.
When it comes to credit cards, they talk about credit cards and how all they bring is debt, whiteout acknowledging that credit card debt is incredibly easy to avoid, and that building a credit score is vital to be able to take out a loan for a car, finance a mortgage for a house, and even to be approved to rent an apartment. Your credit score is not just “proof you love debt” as said in the book, it’s proof that you spend your money responsibly, and can be reliable to pay your bills on time. Trust me, if building credit wasn’t so vital to any large investments a person would want or need to make, I wouldn’t have a credit card. But claiming that all they bring is debt is a myth.
And lastly their main point is just to take college seriously and don’t be impulsive, which yes, many people who go to college may need to hear that, but I also think it grossly simplifies the issue of student loan debt to being the students fault instead of trying to help students work the system to their favor as secondary education has been made to be a privilege and not a right. It also makes student loan debt seem like the end of the world when medical debt is the leading cause of debt in the U.S. and that is no one’s fault but the capitalization of the medical system. Just a single surgery of mine cost more than all of my students loans. If I didn’t have my parent’s health insurance I would’ve been SOL.
TLDR: find better spending advice elsewhere for college
This entire review has been hidden because of spoilers.
I guess this is a good intro to being smart with money in college and not just taking out a huge loan as if it's free money. Clearly one author believed that and is trying to prevent others from that mistake. It just seemed a bit fluff. It was like a bunch of blog posts slapped into a book and prettied up. It made things seem super simple, whereas college debt free would be a true accomplishment. I did all the things they recommended and still had debt, and that was years ago when school was much more affordable. I could have worked more hours during college, but school was my priority. I also can't figure out why they don't address dual enrollment during high school, which is an awesome way to reduce college tuition. At least they give a paragraph to CLEP, which I wish I'd known about in college. And they never mention that some students have their entire tuition and expenses paid for by their parents; that's where the peer pressure to join in spending often comes from if you are responsible for your own college expenses. One other thing that irked me was that you can't always tell which author's personal story you are reading, whereas other times the author is identified. I hate editing inconsistencies like that. I will probably still have my teen daughter read it. It's very accessible and can be read in easy snippets. She will probably find some valuable tidbits in it even if she's capable of reading something with more depth.
As a current college sophomore, I found this book extremely helpful. There were multiple topics covered that aren't made aware to many students during high school. One topic that stood out to me was the affordability of community college versus four year colleges. I always had the misconception that community colleges were only an option for students who didn't do well in high school, but this book proved over wise. Along Oneal's supportive and motivating tone throughout the book, there were a plethora of tips and suggestions that encourage more efficiency throughout college and enable best outcome after graduating. Although student loans and debt were the main discussions throughout the duration of the book, I also enjoyed the topics that may seem menial, such as staying focused on classes and graduating. Oneal communicated all the information in a way that was easily understandable and holds the readers attention. I would suggest this book to any high-schooler, college freshman, or any individual striving to have the best college experience.
If I could, I would give this book a 2.5. I felt that it had a good amount of valuable information but the way that information was organized was horrible. The book was very repetitive and too vague. I also felt that the language belittled the reader, especially since this book is meant for high school seniors and incoming college freshmen. The 5 mistakes that the book was about don't apply to everyone and weren't broken down properly in each chapter. I think this book could be a good starting point for financial literacy conversations and can help students become more aware of their finances during college but as a freshman in college, I didn't feel that it offered that much in value.
All students should read this book before heading off to college, and their parents should read it, too. This is required summer reading for my incoming high school seniors this year, so I read it. It's filled with practical information, good advice, and Biblical support. The writing is very clear and direct. I read the book and took notes in one sitting while giving a final exam. Perfect for reluctant readers.
I don't agree that credit cards are necessarily bad, and a credit score will help you save money. That being said, if you can't use one responsibility and look at it as infinite money, stay away from Credit Cards. But if you simply look at it as an extension of your credit card and only spend money you would have spent anyway, a credit card can be very good for you. Other than that, love the book.
This is a quick and informative read. I enjoyed the perspectives of different college students and graduates. This is a great guide to college life and finance. I appreciated the emphasis on long term goals and discipline. The book is a bit redundant at times, but it helps readers understand the importance of financial discipline. I also liked the section about giving. It reminds us to not only save for our futures, but also for those in need.
Honestly.. although I believe some of this to be common knowledge, this book was helpful. It was a quick read and would be an amazing gift for anyone going to college. I think the advice is helpful, but definitely not life changing. I think the information could’ve been condensed into an infographic. This book was extremely repetitive.
Most of this was common sense and surface level. There wasn’t a lot of new information, but this could be because I’m familiar with the Ramsey universe.
Best takeaways: - Use amazon for textbooks - To make additional money, you can apply for scholarships, do odd jobs, complete online surveys, and become a secret shopper
It is suggested as a gift Idea for graduates but I think it would be worth children starting to think about the information in this book at a much earlier age. I would say Middle school would be good and then have the book as they apply the info. along the way. It is a very easy read.
His a good book, but I feel like it’s better because of the background I have in reading other books by Dave Ramsey and the time I spent working in the financial industry. I’m curious to see if there is sufficient detail and clarity for someone without this...
I liked this book, I just found it too late. I’m a senior in college, so it would have been more beneficial in the beginning. It did have very good advice for college students, but I personally think they will have a hard time following it. It’s a great start for understanding finances.
04/05/19 just some mixed feelings on this book. Even though it was short it felt tldr you know? A bit idealistic but whatever. I took my grain of salt and... still am doubtful about graduating college completely debt free.
I seriously wish that I had read this book sooner. Maybe I wouldn’t have made so many financial mistakes! This book is a must-read for everyone approaching adulthood. It gives a solid foundation for financial success.
I was gifted this... and with much dread I started it yesterday- BUT WOW. This book is so enlightening and honestly helping me get into the mindset of saving and preparing for college. If you are or will be a college student and or a parent of a college student I highly recommend this read!!
This would make a great gift for a high school or college student. Great graphics and stats and written on a personal level. It would give a “cool” wake-up call to a young person that really isn’t considering how their financial choices today impact their future.
A great starter book for young people about personal finances in college. Some aspects may seem a bit obvious to those with good saving habits or a background in finance, the messages are essential to hear and apply even beyond the scope of college.
This book has given me so many tips and things to look for in college and I love it! Definitely recommended for my fellow graduating seniors. It does get repetitive but I understood a lot.