Skip to main content

No One Ever Told Us That: Money and Life Lessons for Young Adults

No One Ever Told Us That: Money and Life Lessons for Young Adults

John D. Spooner

ISBN: 978-1-118-99224-1

Apr 2015

192 pages

$18.99

Description

The "new grownup" guide to managing your life and money in the modern economy

No One Ever Told Us That is a series of essential life and financial lessons that every adult needs to read before they embark upon their own life's adventures. You've completed your education, your couch surfing, and your internships—now it's time to grow up. You have a "real" job, maybe a family, and maybe a mortgage; but you've been launched into an uncertain world. This book is your much-needed guide to life as an adult, giving you the answers you need about becoming a professional, becoming financially secure, and becoming your own person. You see the world differently when you spend your days supporting yourself and your family, and money management quickly becomes an integral part of everything you do. This useful guide shows you how to do what you need to do, find the people you need on your side, and fulfill your obligations to those who matter most to you.

You may have been used to the idea of "independence" for a while by now, but when the reality of it hits, many new adults are thrown into a sudden state of panic. This book is your guide through the storm, your handbook for adulthood, and your personal companion for the journey ahead.

  • John D. Spooner has a dual life. He has been named by Barrons as one of the top 100 financial advisors in America. As an author, the great mystery writer Robert B. Parker has said, "John Spooner is, quite simply, one of the best writers in America."
  • Gain a fresh perspective on the world as a grownup
  • Meet financial challenges with smart money management
  • Assemble your personal, legal, medical, and financial support team
  • Learn essential lessons before you suffer their consequences
  • Written by the only full-time writer and money manager in America

Nothing in your experience has ever prepared you for the responsibility of responsibility. You've been thrown into the deep end, the undertow is strong, and the stakes are high—it's time to start swimming. No One Ever Told Us That gets you right on track to your brightest future.

Acknowledgments xiii

INTRODUCTION 1

PART I BECOMING A PROFESSIONAL

CHAPTER 1: Take the Pro to Lunch 9

CHAPTER 2: Beware of Experts 11

CHAPTER 3: If Your Company Is Bought by Another 13

CHAPTER 4: Entitlement 15

CHAPTER 5: Don’t Be a Wise Guy 17

CHAPTER 6: A Little Bit of New Jersey or Brooklyn 19

CHAPTER 7: Don’t Be Afraid to Ask Stupid or Provocative Questions 21

CHAPTER 8: Laughter Can Diffuse the Problems 24

CHAPTER 9: You Never Know Anyone until You Deal with Their Money 27

CHAPTER 10: Plan for the Worst Case, Not the Best, in Business and in Life 29

CHAPTER 11: So You Want to Be in the Investment Business 32

CHAPTER 12: Do Your Homework 35

CHAPTER 13: How to Get Good Press and Publicity 37

CHAPTER 14: Acts of Kindness 38

CHAPTER 15: Tipping 40

CHAPTER 16: Resumes Redux 42

CHAPTER 17: Always Have a Fallback Plan 44

CHAPTER 18: Blood and Water 45

CHAPTER 19: Media Translations 47

CHAPTER 20: So You Got Fired 49

CHAPTER 21: Provocative Headings 52

CHAPTER 22: Getting Rich: The Ups and Downs 54

CHAPTER 23: Branding: Pulling the Wagon 57

CHAPTER 24: Tribes 60

CHAPTER 25: Weekends 62

CHAPTER 26: Being an Entrepreneur: What It Takes 63

PART II BECOMING FINANCIALLY SECURE

CHAPTER 27: Interest Rates 73

CHAPTER 28: Insider Trading 75

CHAPTER 29: Do You Want to Make Money, or Would You Rather Fool Around? 77

CHAPTER 30: Doing Stock Research 80

CHAPTER 31: Make Long-Term Money with Simple Themes 83

CHAPTER 32: Can You Do It Yourself? 87

CHAPTER 33: Getting to Peace of Mind 89

CHAPTER 34: Picking Someone to Watch over Your Money 91

CHAPTER 35: When You’re Frightened by the News 93

PART III BECOMING YOUR OWN PERSON

CHAPTER 36: The Actor and the Actress 97

CHAPTER 37: Having Something to Trade 99

CHAPTER 38: The 110 Percent Rule 101

CHAPTER 39: Life Lessons: Don’t Look Back 104

CHAPTER 40: Get Your Elders’ Stories 107

CHAPTER 41: Don’t Be a Trustee or an Executor∗ 111

CHAPTER 42: Buying and Selling Jewelry 114

CHAPTER 43: Social or Country Clubs 118

CHAPTER 44: The Incremental Pain in the Butt Theory 120

CHAPTER 45: Every Family Is a Soap Opera 122

CHAPTER 46: Fathers and Sons 124

CHAPTER 47: When Family or Friends Are Afflicted 127

CHAPTER 48: Go to the Source 129

CHAPTER 49: Philanthropy 131

CHAPTER 50: Keep the Markers out There 134

CHAPTER 51: Raising Children 136

CHAPTER 52: Marriage 138

CHAPTER 53: Divorce 141

CHAPTER 54: Someone to Love You 144

CHAPTER 55: Medical Smarts 148

CHAPTER 56: Taking Care of the People Who Take Care of You 153

CHAPTER 57: Losing a Parent 156

CHAPTER 58: Getting Smart Lawyers on Your Side 159

CHAPTER 59: Last Chapter 163

About the Author 167

Other Books by John D. Spooner 169

Index 171