Why is this book so Important?

How do you find a job, or rent an apartment, or balance your checkbook?

 NO ONE TELLS you HOW to DO this stuff...UNTIL NOW!


The 2008 financial crisis in the United States created a major problem in the American economy unlike any we have ever seen in history.  Although there have been many articles written describing the events that caused the crisis, there were really in fact only two things that created the problem:

  • Individuals in the financial industry "changed the rules" about lending and created new financial instruments in order to try to make "a quick buck";
  • The general public was inadequately educated about finance and therefore many people entered into contracts that they did not fully understand.

 Of course, each of these groups share responsibility equally for what has happened, however, it is extremely hard to avoid something when you "don't know what you don't know."  The only way you can begin to understand and eventually know is to learn.  Unfortunately, the education that was needed for the general public has not been provided.

 There are many people that believe our education system is in trouble.  As we compare test scores to other countries around the world, it appears we are not adequately preparing our children for the future.  But this is only part of the problem because a lot of what kids need to know about the "real world" is not even discussed in school.

Most high school students that are fast approaching graduation are not aware yet of the challenges they will face.  As we mentioned earlier, they simply don’t know what they don’t know.  They have spent 12 years being “educated” but will soon find out that they do not have all the tools needed to succeed in life.  When they purchase their first car, they will not use Algebra but they will need to understand the Time Value of Money equation to calculate the payments.  Who teaches them that in school?

The average American has around $15,600 in outstanding credit card debt.  Only recently have credit card companies been required to provide the consumer with the length of time needed to pay off their debt when only the minimum payment is made each month.   Again, the 2007-2008 sub-prime mortgage crisis demonstrated how much more we all need to learn about home mortgages and our personal finances:  almost 10 years later we are still only slowly recovering from it and have still not provided teens with financial education.  This is why this book is so important.

The Real Life 101 Handbook is a beginner's guide to the world of personal finance.  It explains everything from how a checking account works to how to purchase your first home.  It is for anyone and everyone who wants to learn how to get the most out of the money they earn.

The book does not have any secret formula for how you can quickly become rich, however, it will give you the information you need to "know" so you can make the best financial decisions for your unique situation and develop your own plans to become financially secure.