A Financial Guide for Young Adults
The 2020 August 6-8th Thrive Homeschoolers Conference in Winston-Salem has been cancelled for one year. However, Homeschoolers can order the Money Management Guide online direct from Dr. Richard G. Morrison using the link above.
This guide also includes: customizable worksheets, glossary of financial terms, and discussions on student loan debt.
Dr. Richard G. Morrison, Ph.D., is a retired senior executive of Eli Lilly and Company (International) and a twice-retired Executive-in-Residence from the Cameron School of Business at the University of North Carolina Wilmington. He has served as a director on multiple corporate boards for
both public and private companies, and continues
Dr. Richard G. Morrison, Ph.D., is a retired senior executive of Eli Lilly and Company (International) and a twice-retired Executive-in-Residence from the Cameron School of Business at the University of North Carolina Wilmington. He has served as a director on multiple corporate boards for
both public and private companies, and continues his work today as a consultant in the pharmaceutical and medical device sectors.
Richard has always enjoyed traveling and working in differing cultures. Indeed, he has traveled to 120 countries for both work and enjoyment. His ability to travel widely and enjoy all the pleasures and experiences of other cultures were made possible in large part because he used the ideas and principles he shares in this guide.
Richard understood the importance of establishing "life goals", and developed his money management skills at an early age, working alongside his father and older brother to successfully run a 350+ acre, multi-purpose farming operation. In addition, though, Richard earned extra money working for neighboring farmers , and even enhanced his earnings during the winter months, paid a dollar per hour as a soda jerk in a local pharmacy. His understanding of the importance of saving money towards a specific purpose allowed him to buy his first car, pay for his university degrees (including his Ph.D), enjoy family vacations, tour the world and ultimately, work at what he enjoyed most - teaching others.
But even more important than trips and possessions, he learned at an early age that “what you give will grow; and what you keep will perish.” He has made charitable giving a priority in his life and encourages everyone to discover the joys of helping others.
Young adults (who, for the purposes of this guide, I have loosely defined as individuals aged fifteen to twenty-five years old) are rarely taught money management skills and principles in today’s world. Since the beginning of time, people have developed and utilized untold numbers of ways to manage their money, and these almost invariabl
Young adults (who, for the purposes of this guide, I have loosely defined as individuals aged fifteen to twenty-five years old) are rarely taught money management skills and principles in today’s world. Since the beginning of time, people have developed and utilized untold numbers of ways to manage their money, and these almost invariably rely on a budgeting process, or a unique method of saving your money, or a means of tightening your belt (expense management), as the silver bullet to financial control. All of these aspects are unarguably critical to personal financial success, but few, if any, have incorporated the idea of Cash Flow as the foundation to a successful personal financial philosophy. Understanding cash flow and the way your money moves into, through, and out of your bank account can help anyone, at any financial level and stage in life, to make the most efficient use of their finances and help them achieve whatever personal goals they have set for themselves.
While the process Dr. Morrison presents in this material is a method he and his wife have successfully used personally for over 45 years, he sought the input of a wide assortment of professional and personal resources as he finalized the material for publication. His resource team is comprised of people with different kinds of relevant e
While the process Dr. Morrison presents in this material is a method he and his wife have successfully used personally for over 45 years, he sought the input of a wide assortment of professional and personal resources as he finalized the material for publication. His resource team is comprised of people with different kinds of relevant experience, but all share his desire to help others understand how to manage their personal finances. The team he assembled includes teachers, authors, business professors, sales executives, finance analysts, retail executives, educational leaders, parents and students. His goal was to write a book that appealed to a wide group of readers, and that actually taught the skills that are necessary to successfully understand and manage your finances.
As a father of three, I am happy to have found Dr. Morrison's book--It is a very relatable and relevant read for young adults. The lessons will last a lifetime. I only wish that a resource like this existed when I was young. I would recommend Plant and Grow Your Money to anyone, especially for parents who are teaching their children about the importance of fiscal literacy. — Ben David, District Attorney New Hanover and Pender
“Improving the financial literacy of young adults in this country is extremely important to their future success. Dr. Morrison does a great job of taking complex topics and making them easy to understand. More importantly, he gives real-life examples and actionable ideas that can be implemented right away. Plant and Grow Your Money is a must-read for anyone looking to improve their financial IQ and take their financial success to another level.” — Steven B. Starnes, CPFA, CRPC, CFP, Senior Resident Director and Wealth Management Advisor, Merrill Lynch
“In his book, Dick Morrison offers a valuable resource to us all, especially to young adults. Plant and Grow Your Money is a sound, common-sense guide to stewardship of personal resources. It is a very worthwhile contribution to the body of knowledge related to financial literacy.” — Dr. Mike Ward, Ed.D., Former North Carolina State Superintendent of Public Instruction
“Read it all. It looks great. Simple, but it packs in a lot of useful advice for anyone starting a new life or rebuilding a new one.” — Chancellor Dr. Jose V. Sartarelli, University of North Carolina Wilmington
“Plant and Grow Your Money will show you how to save money so you can enjoy life…and not go broke. This step-by-step guide will provide you with valuable insights into how to make the right decisions and develop the right habits when it comes to making money and managing your expenses.” — Dr. Stephen C. Harper, Professor Emeritus, UNCW
“In less than one year, I will be attending college and will have to learn how to manage money on my own. Through its easy-to-follow steps and relevant analogies, this guide has given me a great understanding of how to do so.” — Josh Wallen, Student
“It’s never too late to start. Trust me on this. Regardless of your age or earning success, one thing is certain: You will wish you had read and applied this financial guide years ago. Dr. Morrison should next write such a guidebook especially about retirement finances – for my generation!” — Jim Martin, Ph.D., Davidson College chemistry professor, former Governor of North Carolina
This guide is intended to present basic money management principles to young people including middle school, high school, and college students. It is not intended to be an investment guide, and does not presume to be all encompassing regarding financial issues. The author believes it is accurate at the time of publication but state or federal legislation may add, change, or delete some of the programs and investment tools discussed here. The guide will be updated to reflect these changes at its next publication.
NOTE: The author and the editor assume no liability for any financial losses or gains experienced based on the material presented here.
For volume orders, please contact us directly. Single copies can be ordered using the "Order Now" link at the top of the page.
Monday - Friday: 9am - 5pm
Saturday - Sunday: By appointment
Copyright © 2020 Plantandgrowyourmoney - All Rights Reserved.
Powered by GoDaddy