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Subject:  Re: How we raise our children Date:  3/21/2011  1:10 PM
Author:  MetroChick Number:  301460 of 312777

I'm currently reading Christine Roman's "Smart is the New Rich" (borrowed from the public library) and highly recommed it for your son to read.

There's nothing Earth shattering in it, but it does explain how we got into the current state of the economy, and the difference between using debt wisely - and even the difference between "good" student loan debt (when it's a manageable amount that lets you prepare for a profession you're interested in with good employment prospects) and "bad" student loan debt (what happens if you quit school after taking on loans, or decide a profession you got a lot of debt for isn't for you).

I think it's great he wants to be careful of taking on any debt, but from what you've described it sounds like he's operating from a place of fear, and reading this book might help him see how he can make sound decisions without being fearful.
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