MoneyManagement101.org has released its Money Management Skills DVD. This 1 hour DVD is designed to quickly teach college age young adults essential money skills.
Samples of Topics Covered in the DVD:
How to avoid credit card problems
Peer pressure and avoiding excessive spending
Common money traps that young adults fall into
Living within your means and budgeting
How not to get buried in debt
Managing your bills and personal cash flow
How to stay focused and financially on track at college
How to Protect yourself from ID theft, fraud and rip-offs
Plus many tips to avoid problems
The DVD is available at MoneyManagement101.com
A recent feature article in the USA Today talked about how many young professional athletes end up in personal bankruptcy. Many times while they are still in their playing days and make millions. Typically, despite large incomes these players ended up spending more than they should have or took out excessive loans.
One NFL player, who made over $10 million but ended up in bankruptcy said that no one ever teaches them personal finance or money skills in college (or anywhere else).
Whether you make millions or limited income, it is crucial to learn personal money management skills.