Why Didn't They Teach Me This In School - Money and life management

Today's episode focuses on becoming debt free. Being debt free requires a specific plan, possibly some pain and importantly a positive, proactive attitude. Recognizing that your debt and spending problem is yours to solve is an important first step.

This is a unique idea I've incorporated in my life since I was 20 years old - have a financial emergency month where you strip your spending down to the bare essentials. Do it now - it's one of the best things you can do to take control of your money.

Debt is bad should be obvious to everyone. However, it's not so obvious by the behavior of everyone around us. In this episode, Cary discusses good debt and bad debt. Hopefully, the discussion helps you realize to be careful in your buying behavior so that you avoid debt

As many people know, there is a tremendous financial cost to divorce. Understanding this before and during your marriage can help you in both your personal and financial life. This important subject is briefly discussed in today's podcast.

Financial compatibility is so important in a marriage. And, the only way you know if you are financially compatible is to have in-depth (many times uncomfortable) discussions prior to agreeing to be someone's life partner. This subject is discussed in today's "Why Didn't They Teach Me This In School?" episode.

Today Cary talks about the one principle he did learn in school. And, it's one of the three most important money management principles to follow if you want to truly have both short and long term control of your money.

One of the most intimidating (and important) aspects of money management is developing a monthly budget. In this episode Cary makes it easier for you by describing the process in a simple easy to understand manner. With no numbers!

In this episode, Cary discusses the first of 3 principles that if done consistently will enable you to always stay in financially good shape. Living below your means is contrary to how most Americans are living but it's easy to do if you are disciplined in your approach to money management.

This is the first of a series of podcasts discussing effective money management principles. The best selling author of the book "Why Didn't They Teach Me This In School? 99 Personal Money Management Principles To Live By" introduces the purpose of these podcasts and uses a real-life example to point out the importance of learning how to effectively manage your money. The example points out that we are all taught that money is important and we need to find a way to make money. However, no one ever teaches you the most important thing about money - how to manage it!