Every graduating high school senior in the state of Georgia received a book on financial literacy this year as a parting gift in preparation for the real world.
and other states, teaches students that when they get their first real job, they should live on only 70% of their earnings, immediately sock away 20% for saving and investing, and give away 10%.
"70% of that first, real job is still going to be the most money they've ever seen in their lives," Alexander said. "I teach kids, ‘Make 70 your 100.’"School superintendents and principals in Georgia love Alexander's program and informed him that they wanted to provide his book to every senior in the state once it was published last year. So, Alexander, his wife and grown children decided to pay for doing so out of their own charitable foundation.
"Our family was trying to figure out 'where's a great influence in our world we can leave' and in my state that's given me so much," Alexander said. "We could literally have our state physically looking different in 30 years if thousands of its kids are some of the wealthiest, most generous people in the world. I mean, what a great legacy for us to leave behind.
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