
October 1,2017
the staff of the Ridgewood blog
Ridgewood NJ, our friend Prince Dykes of the Investor show has once again made news himself . Prince is and 4x Award Winning Author, Talk Show Host, YouTube, Podcaster, International Speaker and Veteran. Prince has devoted himself to combating financial illiteracy and has now won the financial literacy book of the year by writers life magazine!

In the Forbes article “Financial Illiteracy Is Killing Us”, author Brett Nelson reported ,”Consider the atrocious findings in a 2008 report by the Jump$tart Coalition for Personal Financial Literacy (underwritten, ironically enough, by Merrill Lynch). Begun in the 1997-1998 school year, the nationwide biennial survey of 12th graders aimed to determine “the ability of our young people to survive in today’s complex economy.” The 31-question exam touched on topics ranging from credit cards and car insurance to the stock market and home ownership. The results were bad, and are getting worse.
The average grade on the first exam was 57.3%. (You need a score of 60% to pass.) In 2008, it had dipped to 48.3%, with nearly three quarters of the 6,856 students failing. Fewer than 5 out of every 100 earned a “C” (75% or better). While college seniors scored higher on the same exam in 2008, averaging 64.8%, the Jump$tart report points out: “The good news is that most college graduates are financially literate. The bad news is that only 28% of Americans graduate from college, leaving nearly three quarters ill-equipped to make critical financial decisions.”
Recognizing this problem and after providing the internet via Youtube, newspapers, web articles, blogs and vidoes with financial education over the years Royal Financial Investment Group published its first book “Wesley learns to Invest”. Available worldwide through Amazon, Barnes&Nobles, Kindle, Ibook, Books-A-Million.

In the series of books Wesley learns though life’s lessons the value of hard work, saving and investing:
Wesley is about to turn eleven years old, and he really wants a new GS4 gaming system. But money …doesn’t grow on trees, so Wesley will have to work hard and save his money to be able to make that purchase. Wesley’s dad helps him out by teaching him the importance of investing and how stocks work.
Wesley Learns to Invest follows Wesley and his dad as they walk through a financial journey—from discovering what the stock market is, to choosing the right stocks, making a purchase, and receiving a dividend check. With his dad’s advice, Wesley is able to set goals and work toward them.
Offering a gentle introduction to stocks and long-term goals, Wesley Learns to Invest offers a fun and engaging way for adults to demonstrate to children the value of making smart decisions and spending money in a way that will yield the best benefit rather than simply seeking instant gratification.