Today’s Grads are Facing Unprecedented Levels of Debt, Lack Skills to Manage it. Coin by Judy McNary Fills the Gap
March 25, 2013- Today’s grads are drowning in debt, and they need help to get out of it. Enter Judy McNary, a top personal financial advisor and CFP®, and author of Coin: The Irreverent yet Practical Guide to Money Management for Recent Graduates. Judy is the mother of three college age children and a successful financial advisor serving families in Colorado. Asked by more and more of her clients to help navigate the muddy waters of college financing, and post-college money management for her client’s children, Judy saw that there was a severe lack of financial education available for recent Grads. Their mailboxes were filling with pre-approved credit card offers, and a lackluster job market.
Two thirds of college grads will leave school in debt. The average debt is $25,000 and rising. As the debt grows, study after study reports back that students are feeling overwhelmed and unprepared to manage their futures and find financial stability. In a recent Sally Mae survey, 84% of college students said they wanted more information on financial management topics. According to Hartford Financial Services Group, only 24% of grads feel confident in their ability to manage their finances. Stepping into America’s consumer culture, the temptation to spend 24-7 can feel overpowering.
Judy knows first-hand that when you start talking finances to today’s college students, their eyes glaze over and they check out. Coin: The Irreverent yet Practical Guide to Money Management for Recent College Graduates combats this tendency with wit and practical advice. Using current cultural memes to keep the conversation real and relevant, Judy takes a jargon free approach to introduce new grads to the basics of creating financial independence. Keeping to The Platinum Rule, Judy reminds new grads to spend less than they make, and to start saving now, even if it means giving up that new flash tattoo or sweet new car.
Coin is generously sprinkled with cartoons, quizzes and worksheets, encouraging readers to scribble in the margins and fill in their life dreams, learning how to budget, plan and stay out of debt along the way.
Just in time for graduation season, Coin: The Irreverent yet Practical Guide to Money Management for Recent College Graduates is the perfect gift for the college grad in your life. If you’ve got a grad, it’s time to get them Coin.
For more information about Coin: The Irreverent yet Practical Guide to Money Management for Recent College Graduates contact Judy McNary at 303-410-1745 or email@example.com
Review copies are available on request.