6.26.2008

New Quest

Like the new look? I think it is a little more classy and grown-up. And it suits my new quest. I need to start acting my age. I know 21 isn't the oldest, but I have realized I'm not exactly the carefree kid I used to be. One inspiration being a personal finance blog: wellheeled. This blogger is 23 going on 24 and already has a great amount of money saved for retirement. I have none, zilch, zip, zero. I need to get on this saving thing immediately.

If not yesterday.

Of course I have had a finance class, but during that class I was the student who got the A's from having last semester's test and a bunch of friends to tell me how to study. I memorized but did not learn. I regret it. There is a reason your GPA doesn't matter when you leave college - because, as in my case, it is just a matter of picking the right teacher and knowing kids who have already taken the course.

Thankfully, I have learned this lesson with one year of college left (although I do wish I had learned it earlier). I vow here and now to actually learn and not memorize (a hard habit to break, I admit). So, in my quest to become a bigger and better person I am going to the bookstore today (read:as soon as I get some responses) to find books on personal finance. I need to start with the basics y'all - really basic. For example, I don't really know what a Roth IRA is, or a Freedom Fund. I think I have a 401K through my employer, but I don't really understand what it is or how it will help-EMBARASSING!!!

It is your job, readers (are there any out there?), to help me find a suitable book(s). Any suggestions will be greatly appreciated. Two requirements of suggested books:
  1. FOR BEGINNERS - Dummies...but NOT those books called "Finance for Dummies" or any of that garbage
  2. About personal finance

3 comments:

kk said...

LOVE the new look!

As for quest, even in my thirties, I'm still searching!

(in all seriousness, do you know someone who can recommend a financial advisor with whom you could meet? you might get more out of one meeting than a whole book!)

Sarah Elizabeth said...

Thank you! I do have quite a few people I could talk to in my family, but I wanted to go in with at least some idea of what I was saying haha!

Anonymous said...

oh boy, personal finance is not my strongest subject. I'm glad you're learning about this stuff now. I probably should have taken a few classes on it in college. One thing I will say though is that there are some things that are worth the savings. I spent a lot of my savings to travel and it was so worth it. Of course, now I'm broke, but it was still worth it :)