What was the book-writing process like?
I write a blog every other week, so I enjoy the process of writing. I did this in the mornings from 4:45 a.m. until 6 o’clock, so the house was quiet. I am a morning person, so this was my jam and I could just start writing. It came together perfectly in terms of the flow. I broke it down into three sections: Part 1 – the boring stuff (the fundamentals), Part 2 – the practical stuff, and Part 3 – the good stuff (investing). It flows logically—you have to start with a basic understanding of the terms and the principles.
What have you learned along the way?
Well, I learned, and this is going to sound horrible—kind of like the shoemaker’s children who had holes in their shoes—I was guilty of not passing this information along to my own kids. I had a lot more guilt than I thought I did.
What is the central idea you’d like your audience to walk away with after reading?
Finance isn’t a mystery, and it’s not rocket science. If you follow these practical steps, you’re going to put yourself on a path to financial security. It is doable. I would like the reader to feel empowered and not intimidated.
What do you think young people generally misunderstand when starting their financial journey?
I feel like they’re often paralyzed by the student debt they have, and they’re trying to figure out, “How do I get out from under this? I can’t even think about retirement or any kind of investing until I can get out from under this debt.” They look at it sequentially—once I get this debt paid off, then I can start paying attention to my finances. I feel like you have to do it all at the same time. That’s what I think the book will help them understand.
What type of impact do you hope to have on those new to managing their finances?
I wrote in the book that if this helps one person put themselves on a path to financial security, I will have done my job. (And if you are that one person, email me!) And I believe that. I really want to help people who want to help themselves.
Read Next: FOR Investment Partners Explains Benefits of SRI Investing