Part B: Decide If You Really Need to Go to College
The first decision you need to make in determining your financial future is whether you really need to go to college or university. I know suggesting some young people don’t need to go to college borders on heresy. After all, I have a master’s degree in Education! But the truth is:
- Some people are not temperamentally or intellectually suited for an academic life.
- All of our kids and bonus children are whip-smart, but many of them do not learn well in a traditional academic setting. For young people like this, being forced into a traditional education or career path can not only frustrate them to no ends, it can also damage their initiative, creativity, and likelihood of success.
- This is not an excuse for academic laziness. But the decision on whether to pursue a university degree should depend on your goals, learning style, and talents. Like everything else in life, this I hope you never base this decision on peer (or parental) pressure or worse: the “everyone else is doing it” excuse.