This month is when many graduates begin their career and receive their first paycheck. Dale Alexander, author of The Talk, believes this is the perfect time to help these young people avoid financial bondage.
In his book, Dale urges young people to immediately save 20% of their pay, give 10% to charity, and live on 70%.
These three disciplines will help them avoid financial bondage. Instead of spending all their first paycheck, they can set their standards lower when it hurts the least.
Psalm 31:4 says, “Keep me free from the trap that is set for me, for you are my refuge.”
As employers, we can help our new graduates avoid the world’s trap of debt by giving them a copy of The Talk and encourage them towards financial freedom.
