"As world’s bestselling author, I frequently want to mandate great books to be read, absorbed, and used effectively. Money Smarts is such a book...Prepare to be deeply inspired and choose to raise yourself higher than you ever imagined"
-Mark Victor Hansen, Co-creator of the Chicken Soup for the Soul series
Every year millions of students graduate high school and begin their exciting journey of adulthood. So how do most of them start? Naturally, by claiming their freedom and independence by passing a driving test and getting their driver’s license. With license in hand, the student is no longer a passenger. He is now in the driver’s seat, in control of his car and his life.
But wait. Let's just imagine for a moment that there are NO tests required for driving a car... no written test to ensure that the student knows the rules of driving, and no driving test to ensure that the student has the skills to operate a car. By high school graduation, the student is given a car and basic instructions by his parents, and off he goes. He learns how to drive as he drives, all the while hoping to not get killed or kill anyone in the process. Sound ridiculous?
Well, that’s exactly what is happening with students and money today. Students enter adulthood with little to no money knowledge and skills. Upon graduation, these young adults are financially unprepared and yet are expected to somehow succeed financially. It is no surprise that students are more stressed out than ever in schools with more and more pressure to compete with other students academically. This has lead many parents to go into debt spending thousands of dollars on their kids to learn TEST TAKING STRATEGIES to give them the extra advantage to do better on tests while completely OVERLOOKING to prepare students to become LIFE READY with key LIFE SKILLS. Among the important life skills, MONEY SMARTS is the 1 knowledge and skill they will desperately need immediately as upon graduation, they will be making critical life changing financial decisions.
According to the U.S. Census Bureau data, our younger generations are more educated, earning more degrees, than any other previous generations, however financially they are struggling and earning much less than previous generations.
Here are some quick facts about our younger generation, the millennials:~Millennials are the most educated, worst paid generation.
~45 percent of millennials are not saving for retirement
~The millennial generation also has a larger delinquency rate on their bills compared to all other ages.
~Millennials, as an age group, have the lowest credit scores~Millennials are less likely to be homeowners than young adults in previous generations
These shocking statistics are the reason why I spent the last 2 years researching and writing his book called MONEY SMARTS, What Students Want, Graduates Need, and Parents Wish To Know About Money.
Nathan Nguyen became a millionaire at age 23 making $4.3 million while going to college full time and successfully graduated from the University of Southern California with his bachelor’s degree in business. His success story has been featured in the all-time bestselling Chicken Soup for the Soul series book "Chicken Soup for the Extraordinary Teens Soul" as well as "The Richest Kids in America." He has been featured live on CNBC as well as many other national and local medias and publications.
With his success over the past decade after graduating college, he is now giving back and on a mission to spread financial literacy and proficiency across America and the world. While it deals with money, his approach isn’t just about dollars and cents. He believes personal finance begins first with personal development. Anyone at any age regardless of any background or adversity can achieve financial success and freedom when they simply commit to becoming more to achieve more.
As a passionate educator, multi million-dollar serial entrepreneur, and a blessed father, Nathan is inspiring and coaching the younger generation to dream big dreams and take big actions so that they can not only uplift themselves and their families but also their communities. He is relentless at studying more effective ways, creating solutions, and inventing tools to help students realize their greater potential and develop key life skills to succeed more in life. He is committed to being a change agent for the younger generation by being a frequent speaker, guest lecturer, and skills trainer for schools, colleges, universities, and student conventions.
Having successfully trained and mentored thousands of students over the years, Nathan realized THE BIGGEST FACTOR causing students to financially fail in life: their LACK OF MONEY KNOWLEDGE and MONEY SKILLS.
Determined to solve this, Nathan spent years creating the "Money Smarts: Mastering Your Money Skills" board game to help students learn and develop their money skills in a lifelike simulation with real money rules and strategies to apply. Only a player who truly possesses money smarts and skills will win. But the game is only one part of the solution. To play the game at all, players first need money knowledge.
With this book, you have the tools to achieve even greater success than mine. The only limits you have are the limits you set for yourself so dream big dreams and take big actions!
First of all, this is beefy Money Smarts book with 250 pages that has been the foundation for my multi-million dollar businesses for over 10 years now... I started my first businesses upon high school graduation. I am now married and I have 2 very happy-fun kids. This book has been a personal project of mine that I have been working on in response to the many students that I personally mentor who express with me they need it along with the families that I personally help financially who don't have the opportunities to work with professional financial advisers.
Thus, I am counting on you to return the favor to spread the knowledge of this book to others because I simply can't do this on my own to reach ALL the people who need this this knowledge... Financial ignorance is such a big issue but it is also a SILENT EMBARRASSMENT that most won't admit it so I truly need your help to spread financial literacy to students and families who need them but who might be embarrassed and shy about it. Since money is a topic many don't want to talk about yet they are the ones who need to know it the most. They need people that they can trust to help them--that person is YOU!.
Since there are so much "bad info" and "wrong assumptions" about money out there, it needs to stop and I want to do something about it with you and thus I need your help because.... sometimes it is the people who don't know what they are talking about are the ones to speak the most about it and who are usually the loudest too... :) We need to get the right info and share it! When given the right knowledge, people can be empowered to become the best version of themselves and begin to do what they are meant to do and achieve what they deserve. While it is true that knowledge is power, I personally feel that Knowledge is first Confidence for people to believe that they can be more, do more, and achieve more.
Yes, while did I spent a lot of money to make the audiobook and this is how today's authors make their money, book writing isn't a money business for me. This is a PURPOSE DRIVEN project so I just want to give it to you so you can get the knowledge from it conveniently when you might be driving, walking, or doing something that you can also listen to this book at the same time. I'm on a mission to empower students and families to never again be PAYING THE COST OF FINANCIAL IGNORANCE, so I feel responsible to make sure it is in a format that is best for you to "read" it. Please do share your leanings, break-throughs, and successes as your Amazon reviews as my motivation behind writing this book over the years to help people see and realize their true worth, help them build their financial successes, and encourage them to dream big dreams and take big actions!
This book is absolutely amazing. I am a young adult myself and I...
This book is absolutely amazing. I am a young adult myself and I find it mind boggling to just now realize how financially illiterate I actually am. I learned nothing that was in this book in school, even though they should have taught about this. It reflects poorly on the modern day school system that I have to find external sources to learn about the most basic financial concepts. Nathan does a wonderful job speaking to all ages about how you can apply what he talks about today because at the end of the day, knowledge isn't power unless you can take action. Money Smarts is even more practical, useful, and easy to read than another book I read-Rich Dad, Poor Dad. Nathan also uses inspiring anecdotes and quotes that hit hard and motivate you. I encourage and BEG anyone who comes across this book to read it and apply what they learn to their life. The way the modern day American deals with finances is absurd an we can ALL learn from this book.
As a fund manager, this book is a game changer in the world of financial education...
This book is a game changer in the world of financial education for both kids and adults. As an entrepreneur and fund manager myself, I have learned over the years that aside from being financially literate, there're much more to it before you can actually be successful both financially and personally. Most books out there teach you about investing or the importance of investing. Who doesn't know ?? But what most people struggle to do is to get from the point of paycheck to paycheck, or no capital, to the point where they can start to invest. Money Smarts is able to lay it out very clearly, what it takes to first increase your earning power, thru the kind of education you need and personal development required, then thru savings and investing that gives you financial freedom. That's a dead on bullseye if you what to know the formula for success. Another great thing is that after reading this book, you will develop a innate ability and habit of looking at your balance sheet, net income, and your own financial health. This is a basic foundation to be financially secure, which is a stepping stone for bigger financial success and be able to invest with the money you earned and saved. I wish I had access to this book back when I was a young kid, it will definitely shorten my learning curve and avoid making mistakes that i have made. I agree with the tag line that says "What students want, graudates need and parents wish to know about money". Everybody needs this !
I operate a large education non-profit that focuses on business and entrepreneurship. We had been struggling to make our financial literacy engaging, and now we've found our solution. Full of practical advice and wisdom straight from an entrepreneur who has done it himself.
As world’s bestselling author, I frequently want to mandate great books to be read...
As world’s bestselling author, I frequently want to mandate great books to be read, absorbed, and used effectively. Money Smarts is such a book. Everyone wants a good-to-great education. Many desire it. Most cannot fully afford to pay the high tuition or qualify for a scholarship. My super star young friend, Nathan Nguyen, has now penned a book that will make education available to everyone who is willing to work for it. Nathan teaches that pride of scholarship can run parallel to pride of educational earnership. Everyone can earn their own education, both of us did and you can, too. Best of all, as a student, you can become rich, like we did, doing it. My perfect mandate would be that 16,000,000 college students and college bound students drink deeply of his brilliance, wisdom, and experience making their lives richer, fuller, and more meaningful by learning, earning, and returning, while in school. Prepare to be deeply inspired and choose to raise yourself higher than you ever imagined.