Personal Finance 101 Posts of the Day 3/28/07

• 7CM reminds us to Take a Money Day to Organize Your Finances
• Financial Baby Steps asks Should Personal Finance Be A General Education Class?. My answer is a resounding YES!!! The reason I started my business was because I kept hearing from way too many people who started their adult lives without even basic financial education and got themselves into trouble. It's horrible! My goal is to eventually start a non-profit geared towards requiring financial education in both high school and college. I think that the basics about credit and debt should be taught in high school before they start getting credit cards and digging a hole. In college they should expand on their basic education by teaching students about investing, retirement planning, goal setting and how to manage debt. Hopefully our government will wake up and take care of this.
• Wealth Building Lessons gives is Ben Stein’s Basic Rules of Retirement.
• Financial Hack talks about the benefits of low-cost living.
• Endless Gibberish talks about why they like credit cards.
• Ask Mr. Credit Card talks about drastic things you can do for debt reduction.
• My Wealth Builder illustrates how carrying debt can keep you from being wealthy.