Comments on: Young Money, the Personal Finance Magazine for College Students

By: Jeremy

Jeremy — Thu, 15 Oct 2009 03:45:34 +0000

I am a freshmen in college. I have been hooked on young money for awhile it give very good points and ideas that give young adults positive motivation to succeed. I have learned many tips and ways to improve my life in a way my parents never thought me. Overall I think all college students should skim through this young money magazine a couple times a week!

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By: » Young Money Magazine Review on Blueprint for Financial Prosperity

Sun, 07 Oct 2007 04:41:25 +0000

[...] copies of Young Money magazine to check out recently. I first saw a review of the publication on Get Rich Slowly and I was intrigued with the prospect of a personal finance magazine targeted towards college [...]

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By: Michelle

Michelle — Wed, 12 Sep 2007 20:36:35 +0000

I thought Young Money was decent when I read it in college. I found that the layout slightly cluttered and the stories a bit trite, but all in all, not bad.

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By: Todd Romer

Todd Romer — Tue, 11 Sep 2007 20:53:12 +0000

Great posts. With full disclosure that I am with Young Money magazine, I would have to say that 99% of our content is not disturbing. Within our entrepreneurship content channel we will have many stories of young adults taking risks to begin and fulfill some of their dreams. Certainly not advisable to fund a start up on a credit card but I admire the courage and the risk taking knowing that in the end $14,000 is not much risk in the big picture of one’s life. Hope you have had a chance to read our other 900 articles that promote solid aspects of personal finance, of which, include the need to begin investing now and not wait until you are 30, 40 or 50 years of age.

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By: Mrs. Micah

Mrs. Micah — Tue, 11 Sep 2007 19:54:40 +0000

Excellent point about the rates. I had been assuming a less-than-ideal rate, because most of my college-age friends and recent-grad friends have them.

At least it’ll be a learning experience for him.

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By: Jill

Jill — Tue, 11 Sep 2007 19:46:14 +0000

I don’t know about “disturbing” Mrs. M– credit cards are a fairly common source of funding for new, very small businesses. That’s a pretty standard piece of bootstrapping advice. What rates he’s getting on his credit cards, and what kind of business plan he has might be a more important components of the equation.

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By: Mrs. Micah

Mrs. Micah — Tue, 11 Sep 2007 19:32:07 +0000

After reading the site a bit more, I found something else that was a bit disturbing.

http://www.youngmoney.com/entrepreneur/student_entrepreneurs/139

This tells the story of a guy who financed his own startup by putting $14,000 of expenses on his credit card. He makes t-shirts.

It could work. He says he had $14,000 available because he’s done a good job financially in the past, has good credit, etc.

Either it’s a great story of someone starting his own business….or a colossal flop. But I wonder if others will have the bright idea to finance their bright ideas using their credit card…which doesn’t seem like something a finance mag should be promoting.

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By: Mrs. Micah

Mrs. Micah — Tue, 11 Sep 2007 18:16:41 +0000

Hmm. On their site, I found an interesting article by pastors offering advice. On the one hand, most of it was good advice. Not too pushy, though it touched on topics like remembering your families traditions and faith tradition. At the same time, I wonder if having pastors tell people not to have premarital sex (or the previous stuff) is really appropriate for a financial magazine. Waiting for sex isn’t a bad idea in my book, but this sounds a lot more like Christian teen mags than secular (?) personal finance ones.

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By: Todd Romer

Todd Romer — Tue, 11 Sep 2007 13:40:00 +0000

Appreciate the variety of feedback to Young Money magazine and youngmoney.com. All very helpful as we continue to make tweaks to the magazine and website to be a leading source of information for today’s young adults when it comes to earning, managing, investing and spending money.

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By: The Daily Dough (Heroes edition) » The Dough Roller

The Daily Dough (Heroes edition) » The Dough Roller — Tue, 11 Sep 2007 10:38:07 +0000

[...] Young Money, the Personal Finance Magazine for College Students @ Get Rich Slowly. This magazine was new to me (probably because I no longer qualify as young), so I thought I’d pass it along. [...]

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By: Elizabeth

Elizabeth — Tue, 11 Sep 2007 04:25:45 +0000

I’m a college student, and I have gotten this magazine free as an insert to the campus newspaper for a few years. The celebrity profiles on the cover make it look stupid, and most of the copies end up in the bottom of the newspaper distribution bin. That said though, I usually look through it and the quality of the other articles is surprisingly good.

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By: Stephanie

Stephanie — Tue, 11 Sep 2007 01:12:12 +0000

I picked up the copy with Sizemore on it because they had a stack of them for free on campus. I was drawn to it since it was called “young money” and I’ve been on a bit of a personal finance obsession for the past few months.
Overall, the magazine was a rather quick read, and had some good articles. I don’t know if I’d pay for it, seeing as it’s such a short magazine, and some of the articles were similar to many seen on pf blogs and in books, but I do think it would be a nice thing to have if you’re just starting out, getting used to college or the “real world” afterward.

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By: Anca

Anca — Mon, 10 Sep 2007 23:13:44 +0000

Yikes, who designed their website. The article links and descriptions have the same formatting as Google ads. And the “contests” — I can’t tell if they’re site-sponsored or just really sneaky ads.

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By: Jill

Jill — Mon, 10 Sep 2007 22:52:23 +0000

Would the mag be appropriate for a slightly younger audience too? I’m all for college kids getting the info, but I feel, quite rabidly, that personal finance is best introduced in early high school (if that late)– before kids have a chance to believe that they’re poor and student-endebted and “can’t” save, before they think of buying a car, or moving out, and especially before they see their first credit card offer.

And those celeb features? I wanna know what the young celebs are doing with their money. (or, shudder… maybe I don’t!)

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By: Ryan Johnson

Ryan Johnson — Mon, 10 Sep 2007 22:33:08 +0000

I similarly like Young Money’s aims, and they had it at U Arizona, where I’m from. I was always disappointed by how simplistic it was. That said, I think it did a service to help bridge the gap between those college students with no financial-savvy, and those who would read something more advanced.

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By: Dylan

Dylan — Mon, 10 Sep 2007 22:29:20 +0000

Impressed with the concept, I decided to check out their Web site. I was greeted by an in-your-face, “Learn to Trade Currency,” advertisement! This is probably the last thing a young, college-age kid needs to get mixed up in and seems out of place on the home page of a magazine promoting responsible personal finance for young people. They would be smart to adopt an advertiser policy similar to yours, J.D.

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By: doug m

doug m — Mon, 10 Sep 2007 22:19:17 +0000

looks like an interesting read. thanks for the heads up

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