Unchanging Laws of Money

"Flipping Burgers to Flipping Millions" lists these seven Unchanging Laws of Money

1. Save... and begin saving early.
2. Control your expenses.
3. Make your money multiply....Invest.
4. Guard your money against loss.
5. Make your home an investment.
6. Ensure a future income for yourself and your family....by developing a career, improving yourself, and investing.
7. Work and study to increase your ability to earn.

This short personal finance book by Bernard Kelly stresses the importance of saving. The author's goal is to inspire people, particularly young people, to save enough money early so they can gain financial freedom.


Flipping Burgers to Flipping Millions
by Bernard Kelly
2011

Financing a College Education lesson

Mathematics Teacher shares a favorite lesson on Financing a College Education

"During the College Project, students investigate a college of their choice to determine the true cost of attendance (tuition, room and board, books, student fees, travel expenses, fun money, etc.) We use recent growth rates to predict the increase in tuition for each year that they will be in college and come up with a grand total, which is always a staggering amount. Next, each student creates a plan to determine how to cover the costs: parental contribution, summer jobs, work-study, scholarships, loans. Students make a formal presentation to their parents, outlining the costs and their plan. They also submit a paper detailing their calculations and create a poster."

A complete description is available at http://www.nctm.org/publications/article.aspx?id=30924

The Backpage: My Favorite Lesson
Financing a College Education
Laura M. Crowley Edited by Jodie A. Miller
Mathematics Teacher
October 2011, Volume 105, Issue 3, Page 240

Thanks to Marketplace for spotlighting this lesson.