I can preach and preach and preach about being financially responsible, learning about your money, what do to when you're in certain situations, etc. etc. But sometimes, there's more to a specific topic than what I can cover in a daily blog post. (Actually, that's true pretty much all of the time.)
So what's a Young & Freer to do? Hit the books! Whether you're a die-hard "real book" lover or devoted to your e-Reader, there are tons of books you can check out on specific financial topics, from learning how to negotiate to making a lifetime money plan.
This article at getrichslowly.org gives blog author J.D. Roth's reviews on several different finance books - you can check out the full article for the comprehensive list, but I've singled out a few that might be of interest to those of us in Gen Y.
Topic: Getting Out of Debt
Book: Debt is Slavery by Michael Mihalik
Why it's good: Mihalik keeps things extremely simple and straight to the point. He also covers topics like why it's not always beneficial to stay in a dead-end job and the "weight of possessions." Roth says this book is a solid bet for recent graduates.
Topic: Everyday Personal Finance
Book: Money Without Matrimony by Sheryl Garrett and Debra Neiman
Why it's good: Many young people in Generation Y live with roommates or significant others without any matrimonial bonds. It's just the way things are nowadays, like it or not. Money can be a tough subject between a married couple, and it can be an even tougher subject between unmarried partners or housemates.
Book: The Random Walk Guide to Investing by Burton Malkiel
Why it's good: Investing can be incredibly confusing, and it's hard sometimes to dig through books and articles full of jargon. Luckily, Malkiel uses plain English to give excellent advice, and Roth recommends it for beginning investors.
Topic: Financial Independence
Book: Work Less, Live More: The Way to Semi-Retirement by Bob Clyatt
Why it's good: Turn these pages for lessons on defining your goals, learning to live on less, and putting your investments on autopilot. It's really never too soon to start planning for your semi-retired or retired life!
Topic: The Psychology of Money
Book: Why Smart People Make Big Money Mistakes (and How to Correct Them) by Gary Belsky and Thomas Gilovich
Why it's good: Belsky and Gilovich go over about a dozen psychological barrier to wealth -- reasons why people who are overall very smart make some pretty dumb mistakes with their money. Roth likes it because it's simple and short!
If you long to learn about any of these topics, track down these titles or others in the article. I'm sorry that my wise words can't teach you everything you need to know, but I promise to keep trying until my Spokestership is up!