Planning For a Graduate’s Future – Redux

Gentle Readers,

It is graduation season again, and another family member is finishing high school. This time the plan is to stay in the family home until college starts. I like to not play favorites with siblings, so I am getting her almost the exact same set of books that I got him last year. One small deviation to account for the differences in their characters.

I decided to stick with the perennial favorite, “The Millionaire Next Door.” She plans on a high-paying career, but I think the stealth wealth envisioned here could help her stay on course no matter what happens.

Her personality is very different from her brother and I think she’ll be best served by the framework in “The Money Book for the Young, Fabulous & Broke.” That will be on top of her present-stack.

I don’t think she would even read the one I was least sure of for her brother, so I did not buy her it. I don’t want to waste her bookshelf space. She plans on being pre-med. That shelf-space is precious.

She believes in deep thought, supposedly, and I got her the esoteric one, too, “Early Retirement Extreme.” I suspect she won’t touch this either.

The deviation for her was “Truth & Beauty: A Friendship.” I loved this biography and think that many women with deep but fraught friendships could benefit from seeing one displayed in all of its gory richness. Patchett is one of my favorite living authors and this was helpful and painful to read during a particular time in my life. I think this family member may understand my twenties better from reading this. Perhaps not. I hope that she navigates relationships in a far healthier way.

Unlike her brother, I think traditional education is the current best route for her. I think she will flourish in college in a way her brother never would. Maybe I’ll buy a textbook for her? Or leave that to her parents…

What do wish you had read at 18?

Author: ZJ Thorne

Lesbian on the path to Financial Freedom

  • Emily Nance Jividen

    Suze Orman’s probably a great place to start, so glad to see it on top of the stack. Although I’m not sure I would have actually read it at 18, it would have helped me a ton to avoid some mistakes that weighed me down through my 20s.

    • I know her brother hasn’t read the ones he received last year. I hope that planting seeds will eventually get some water.

  • While not a book, since she is premed I’d probably point her to White Coat Investor blog or Physician on Fire…maybe those bloggers have written books, I don’t know. The first personal finance book I read was the Automatic Millionaire right after college. It really stuck with me because the words automatic and millionaire didn’t seem to fit together. But I learned that starting investing early and consistently contributing into the stock market will make you a millionaire…just let the magic of compounding work for you.

    • I don’t want to overwhelm her with high-level posts yet. If I go too hard she might reject out of pique. I’ll definitely keep them in mind for later.