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Mike Powers uses strong and straightforward language, which urge parents to think, with words like, "What we are buying for our children is the ability to get good job and make more money over the course of their lifetime, without it, they are headed for 50 years of wearing funny little paper hats and endlessly repeating "would you like fries with that?" We know this and we'll pay whatever it costs to help them avoid it."
He explains why the colleges are so costly, where and why the colleges spend so much and how much it will cost in the next years to come. He suggests which colleges suit your child and what fits in our pocket. He has divided the book in to parts, investment and aid; I think all the possibilities are covered.
However, if you are already into investment, what you will find on "your contribution" section will appear basic. Also, if your child is about to go to the college in a few years time, the "other resources" section will look rudimentary. Unfortunately, Mike Powers does not reveal any specific strategy or scheme, which an individual can follow.
Not withstanding this, if you are interested in the welfare of your children, reading this book will definitely change your mindset, and help you start investing for the bright future. Particularly, parents who have small children will be highly benefited by reading this book.
Good morning. This is the telephone company. Due to repairs, we're
giving you advance notice that your service will be cut off indefinitely
at ten o'clock. That's two minutes from now.
The Greatest Mathematical Error
The Mariner I space probe was launched from Cape Canaveral on 28
July 1962 towards Venus. After 13 minutes' flight a booster engine would
give acceleration up to 25,820 mph; after 44 minutes 9,800 solar cells
would unfold; after 80 days a computer would calculate the final course
corrections and after 100 days the craft would cirlce the unknown planet,
scanning the mysterious cloud in which it is bathed.
However, with an efficiency that is truly heartening, Mariner I
plunged into the Atlantic Ocean only four minutes after takeoff.
Inquiries later revealed that a minus sign had been omitted from
the instructions fed into the computer. "It was human error", a launch
spokesman said.
This minus sign cost L4,280,000.
-- Stephen Pile, "The Book of Heroic Failures"
