Success GPA vs. IRA (roth, not terror)

If you think about how much emphasis is put on school work, specifically attaining a high GPA, and specifically doing so in courses that may make you more enlightened, but likely don't have a direct impact on your financial well being, and compare what some strong financial knowledge would do, I have to think the finance side wins.

If you take a state college student with a middle of the road academic career, and have him make all the smart personal finance decisions, and compare that with a 3.7 GPA Ivy League guy, who moves to NYC and lives the fast life, who will come out on top? It doesn't take much imagination to see the guy who lives with his parents for a year or two after school instead of paying rent, maximizes his 401k and Roth contributions quickly passing the Ivy league guy right? Or compare him to a guy that attends an expensive law school and comes out with 7 years of hard work just to break even on tuition, loans, and lost salary.

Yet I don't see many High Schools teaching personal finance. Whereas I was lucky to have parents that taught me how valuable saving was (and I could have done much better) many are not.

Sox Up Two

Deja Vu from 2004 - but check out this great quote:

"I haven't been right all year. When you don't feel good and you still get hits, that's how you know you're a bad man." -- Manny Ramirez