FollowingThe Goods

inancial anagementfor the oung and Ambitious

Adam Goodman

 BA

llustrated by Allyson tone

Blue ig ublishing Toronto

Coyright © 2009 by Adam obert oodmanAll rights reserved. o art of this ublication may be reroduced in any form or by any meanselectronic or mechanical including hotocoying recording or any information storage andretrieval system without ermission in writing from the ublisher.Care has been taken to trace ownershi of coyright material contained in this book.The ublishers will gladly receive any information that will enable them to rectify any referenceor credit line in subsequent editions.Although the author has exhaustively researched all sources to ensure the accuracyand comleteness of the information contained in this book we assume no resonsibility forerrors inaccuracies omissions or any inconsistency herein. Any slights of eole laces ororganizations are unintentional.This ublication contains oinions and ideas of the author. They are not resented torovide a basis of action for any articular circumstances without consideration by a cometentrofessional. The author and ublisher exressly disclaim any liability or loss or risk ersonal orotherwise which is incurred as a consequence direct or indirect of the use or alication of thecontents of this book.ublished in 2009 byBlue ig ublishing1210 heard Ave  uite 203Toronto Canada2 13irst rinting ecember 2008Canadian Cataloguing in ublication ataoodman Adam obert 199-)ROORZLQJWKHJRRGVßQDQFLDOPDQDJHPHQWIRUWKH\RXQJDQGambitious / Adam obert oodman ; editor ailey isen ; illustratorAllyson tone.ncludes index.B 98-0-9811260-0-51. inance ersonal. . isen ailey 1981- . Title.19.66 2008 332.024 C2008-90996-5ATTT CAT T C A A AAT: uantitydiscounts are available on bulk urchases of this book for educational or gift uroses. ecialERRNVRUERRNH[FHUSWVFDQDOVREHFUHDWHGWRßWVSHFLßFQHHGV)RULQIRUPDWLRQSOHDVHFRQWDFWBlue ig ublishing; sales@blueigublishing.comroduction Credits:ditor: ailey isenCover esign: oe onnelly esign.comrinted in Canada

age 1

Chater 1:

28 Years Old and Broke

t has taken me 28 years to realize the value of a dollar. hen WKLQNDERXWDOOWKHPRQH\,pYHZDVWHGLQP\OLIH,ßQDOO\UHDOL]Hthat if  had done things differently  robably wouldn’t be livingin my mom’s basement right now asking my arents to hel melease a car. A sad tale but it didn’t have to end uthis way.y name is Adam and my book will hoefullyhel you understand the value of a dollar so youdon’t end u 28 and broke like me. This book will notteach you how to calculate the comound annual growth rate(otherwise known as CA of an investment or how to ickstocks for your investment ortfolio. rankly there are tonsof books out there on these subjects. nstead this book willteach you through my life exeriences just how imortantit is to get a gras on basic money management rincilesfrom a young age. f you are like me no one has ever satyou down and formally taught you how to manage yourmoney. ikewise money management was never offered asan elective in high school or university (a true shame.But how can  teach you about money management if you don’t know anythingabout me? or all you know we could have nothing in common. o let mebegin by telling you a little bit about myself. grew u in a comfortable home with hard working arents who rovided mewith whatever  wanted.