Being accountable (literally) for educating yourself about personal finance

The Aspiring Adult

Late last year, there was a post published in the Huffington Post’s Money Blog. The post—written by Ben Mulling, the chief financial officer at TENTE Casters, Inc.— details the Four Steps to Educating Students about Personal Finance.

Mulling’s main message of the post is that college students must take personal accountability for educating themselves about finances. He believes that this lack of personal finance education is what leads students to make so many financial mistakes early on in their lives. Mulling cites that only 22 percent of students understand how income taxes work, and only 31 percent understand how credit card interest works.

Mulling’s message of the post resonated more so with me now than ever. Less than three months from now, some of my very close friends will walk away with bachelors degrees. They’ll also walk away with a substantial amount of student loans to…

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About waukegan2college13

Waukegan to College (W2C) is a college readiness program that was founded by Lake County United (LCU), a broad-based citizen's organization composed of roughly 35 churches, synagogues, mosques, and nonprofit organizations that work to improve the quality of life of the residents in Lake County. In July 2012, W2C launched as an independent organization and now a member institution of LCU!

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