[Chey]

If you were to recommend a book for a teenager to start learning about personal finance, saving, and investing, what would it be?

Some suggest The Simple Path to Wealth by JL Collins as an excellent introduction, but is it the right choice for a young reader?

Are there other books that are more suitable or engaging for teens?

Share your thoughts on what makes a financial book impactful and easy to understand for beginners.

[JR]

“Can’t Hurt Me” by David Goggins also. A good way to learn about struggles and achievements. I had my teen read it.

[Stewart]

I like how to teach your kid to be a financial genius

[Jeffrey]

I don’t have an actual book to suggest but if they are new to personal finance I would find something like one of the “For Dummies” books on it.

I think one should know how to balance a checkbook, know which insurance to get when, filing taxes, what mutual funds is, different types of accounts, etc.

So many people don’t know the basics which help so much in life.

[Melissa]

Quit like a millionaire is my recommendation I know lots of people recommend Sinple Path to Wealth, but honestly think you can tell them to invest in index funds and save them the read

[Kara]

Napkin Finance by Tina Hay. It’s quite short and also quite comprehensive. Written in a graphic-novel style, it teaches basics like “what is a checking account” and also “what is FAFSA” and “what are student loans” using flowcharts and images, instead of relying on long paragraphs of text.

It also teaches about interest rates and what bonds are, how the US tax system works, etc.

It’s fabulous for teenagers and young adults. You can read the whole thing through in a couple of hours, or you can pick it up and read a few chapters (each chapter is only a few pages long).

You can visit the napkinfinance .com website to see images from the book’s pages.

[Ziad]

Dave Ramsey’s books are perfect for a teen. Financial Peace would be perfect

[Tom]

I like Simple Path to Wealth for a graduate (high school or college). Teach me to be rich seemed to resonate with one of my two children.

[Catherine]

Quit Like A Millionaire. The first part discusses getting the most out of high school and college.

It’s too late for most of us who read the book.

The second half is too complicated but the first half is worth it!

[Author]

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