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The Complete Guide to Personal Finance: For Teenagers

von Tamsen Butler

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1211,623,904 (3.5)2
Business. Finance. Young Adult Nonfiction. HTML:

Teenage and young adult spending has propelled to $172 billion per year, according to Teenager Research Unlimited. It seems quite obvious that they know how to spend money, but do they know how to save it?

Even though the yearly spending jumped $50 billion, two-thirds of teens and twenty-somethings are still concerned about their personal finance situation. And while teenagers yield immense spending power, many lack the financial knowledge necessary to manage their money wisely.

Written for teens and young adults, The Complete Guide to Personal Finance for Teenagers and College Students will show how to get and manage credit, make and stick to a budget, and how to determine your needs versus your wants. You will learn how to pay for a car, save for college, and how to avoid the pressures of consumerism and common financial mistakes.

You will also learn which investment options are best for a younger generation. You will learn the basics of taxes, checks, debit cards, and credit cards. This book shows creative ways to get a jump-start on your financial future and use money responsibly. Even if you have had a few financial fumbles along the way, you will be able to learn from your mistakes and get on the path to financial well-being.

"This book is an outstanding primer for young people who want to take control of their finances. The case studies are especially smart tools to engage the teen and college-age audience, illustrating personal financial experiences that are realistic and relatable to their lives and the financial challenges they face. Overall, the book effectively inspires and educates readers with relevant money management advice and actionable guidance that will help them for years to come." â??Brad Lazarus, Principal, Omega Advisors LLC, www.OmegaFeeOnly.com… (mehr)

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We constantly hear of teenagers or college students, once of out of school, getting themselves in to desperate financial situations because of their lack of discipline or knowledge. Once on their own it seems like every credit card company gets their address and bombards them with enticing advertising. As well, student loans are easy to get and just as easy to spend not anticipating they will have to be repaid with a high interest attached.
This book is a very important component of the teen or young adult's reading material before embarking on their own. Much of the information isn't taught at school and in many cases never discussed with parents. Also, in many cases the parents themselves aren't well versed in financial matters.
I believe Tamsen Butler covers all the necessary aspects of providing information so as not to get into debt or succumb to easy loans or credit cards. She also covers spending, saving, and budgeting. I specifically like her explanation about creditors and the "games they play." As well, Tamsen covers areas such as different kinds of debt, responsibility, and credit reports. From what I can see nothing was missed to give the young person the basics of sound financial management.
I do recommend this book be given to every teen before they leave home and embark on their own. It may the best investment in their lives. ( )
1 abstimmen iwatson | Jun 9, 2011 |
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Business. Finance. Young Adult Nonfiction. HTML:

Teenage and young adult spending has propelled to $172 billion per year, according to Teenager Research Unlimited. It seems quite obvious that they know how to spend money, but do they know how to save it?

Even though the yearly spending jumped $50 billion, two-thirds of teens and twenty-somethings are still concerned about their personal finance situation. And while teenagers yield immense spending power, many lack the financial knowledge necessary to manage their money wisely.

Written for teens and young adults, The Complete Guide to Personal Finance for Teenagers and College Students will show how to get and manage credit, make and stick to a budget, and how to determine your needs versus your wants. You will learn how to pay for a car, save for college, and how to avoid the pressures of consumerism and common financial mistakes.

You will also learn which investment options are best for a younger generation. You will learn the basics of taxes, checks, debit cards, and credit cards. This book shows creative ways to get a jump-start on your financial future and use money responsibly. Even if you have had a few financial fumbles along the way, you will be able to learn from your mistakes and get on the path to financial well-being.

"This book is an outstanding primer for young people who want to take control of their finances. The case studies are especially smart tools to engage the teen and college-age audience, illustrating personal financial experiences that are realistic and relatable to their lives and the financial challenges they face. Overall, the book effectively inspires and educates readers with relevant money management advice and actionable guidance that will help them for years to come." â??Brad Lazarus, Principal, Omega Advisors LLC, www.OmegaFeeOnly.com

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