No, it’s not money, or another designer something or another.  It’s advice.  Advice Millennials really don’t want – but they need. Now.  Before it’s too late. Here are a few showstoppers to weave in to the upcoming holiday time you’ll spend together:

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Last week, our co-author and daughter, Allison Beacham, accepted the EIFLE “Adult Money Book of the Year” award for our book, O.M.G. Official Money Guide For College Students.  Both Michael and I could not attend. But through the miracle of FaceTime, we were able to watch her deliver the following comments.  Needless to say, we are pretty proud.

Allison Beacham’s Acceptance Speech – EIFLE Awards Dinner 2017:

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The following is an article written by my daughter, Allison Beacham, for USA Today College‘s contributor network.  I completely agree!

My four years at Miami University in Oxford, Ohio, taught me many things: how not to turn laundry pink, that Bagel Bites aren’t dinner.

I also learned about financial literacy — even though, like laundry and nutrition, it was strictly through self-study. There just wasn’t much financial education offered to students outside the business school.

So even though money management is a key part of every adult’s life, personal finance wasn’t part of my formal education. (I did, however, have to take two geology courses.) Lucky for me, I grew up in a household where being money savvy was a family rule and not some afterthought like the laundry lesson I had clearly needed.

On-Campus vs. Off-Campus

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We know college students do not get the education they need around personal finance. The data seems to indicate that while we as parents prepare them for steering clear of alcohol and other “risky” behavior, we continually stop short of preparing them on how to steer clear of other predatory and destructive behavior  – like dream-killing debt.

Evidence of how college-bound kids are marked as “easy targets” for risky financial endeavors was recently featured on the national news.  Last month the New York Times reported that college students – along with other vulnerable groups – were being targeted by Wells Fargo.

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