Saturday, October 3, 2020

Young, Broke, and Educated


Today's BOOK OF THE DAY, "Young, Broke, and Educated," by Alexander Baima is well-worth the price, especially if you are in college or about to graduate. Why? He addresses the student debt incurred and the struggle millennials face to overcome it. I have three higher degrees, BA, M.Ed., and a PhD. I graduated from all of them debt-free. Yes, I had scholarships to help me, however, they didn't pay all. In fact, the only scholarship I had was for my BA degree. The rest I earned working as a school teacher or as a principal and payed as I go. During my time, in the the eighties and nineties, that is how we did things. Of course, there were student loans, but I found them unappealing and didn't want the debt associated with it. So, I found a way. I honestly believe that today's college students take the student loan not thinking of the long-term consequences which creates long-term financial difficulties. Don't get me wrong. I believe in higher education. If you are faced with the difficult decision of getting a student loan or working your way through, today's BOOK OF THE DAY is a must-read! Baima provides great insight. Take a look.

Young, Broke, and Educated 

by Alexander Baima (Author)


Alexander Baima graduated college with $80,000 in student debt at 23 from one of the top 25 business schools in America. After college, he went to work as a financial planner and serviced the fortune 500 clients. He created the financial plans that brokers took credit for, and while they grossed millions a year, he made minimum wage.

At 29, his parents had a house with an $80,000 mortgage and a child – and they lived on one income. At 29, Alexander still had over $50,000 in student debt. How could previous generations have so much more than most millennials who still struggle with little hope for the future?
Young, Broke and Educated investigates the decline of purchasing power among young people, especially over the last generation. It explores how economic systems have evolved to hinder millennials’ financial success and the incentives that government, big business, and banks have to prevent progressive change in basic, easy to understand terms.

Alexander Baima, a master in the field of eCommerce and early adopter of blockchain technology, walks you through, step-by-step, what the issues are and what needs to change to ensure that millennials and future generations have access to the same type of success that previous generations took for granted.

Available in Kindle, paperback, and hardback

Product Details

·  Item Weight: 9 ounces

·  Paperback: 195 pages

·  ISBN-10: 1952112079

·  ISBN-13: 978-1952112072

·  Product Dimensions : 5.5 x 0.49 x 8.5 inches

·  Publisher: Acorn Publishing (September 1, 2020)



5.0 out of 5 stars Great insight into today’s world of education, jobs, government, and finance...

Reviewed in the United States on September 27, 2020

This book is an outstanding read. The presentation of subject, statistics, and corresponding analysis is excellent. The challenges we face in America as they pertain to education, jobs, government, and finance are very well covered. Each topic depicts not only today’s situation but the history of how we got here and where we are headed. An eye-opening read for all age groups.....

5.0 out of 5 stars True page-turner, well researched and well written

Reviewed in the United States on October 2, 2020

I found this book to be incredibly well researched and written in such a manner that it was very informative while not being too complicated. I knocked this book out in a few days; I just couldn’t put it down. I really believe this would be a great book for open discussions for classes and book clubs alike. I think this really puts the millennial’s plight in focus and brings up some great topics regarding taxes, investing, the housing crisis and education costs. I would be intrigued to read future books from this author that go into more detail on certain topics. I will be highly recommending this book to readers of all ages!

5.0 out of 5 stars Very informative.

Reviewed in the United States on September 30, 2020

Great read. Concise, honest, and well written. The subject matter should be of interest to every citizen.

5.0 out of 5 stars Well written and enlightening

Reviewed in the United States on September 28, 2020

A penetrating look at money and millennials in the 21st Century.


Alexander Baima received his bachelor’s degree in Business Administration from the University of San Diego. By profession, he has excelled as both an analyst and project manager. He currently holds a CAPM, MOS and SSGB certification in the field of project management. Alex is a talented entrepreneur who specializes in 19th and 20th century porcelain as well as modern innovative computing.

Alex is a firm supporter of Cryptocurrency and believes that this technology will revolutionize the way all countries function within a matter of a few years. He is currently invested into Bitcoin, Ethereum and EOS with the expectations that decentralized applications and smart contracts will be a major contributor to our future.

He has published over 150 articles between LinkedIn and a new social media platform called Steemit. As a millennial, his desire is to help solve many of the great challenges that are plaguing today’s society and engage in intellectual exchanges to help create a better world.