What’s the best first book for a teen? “Simple Path to Wealth”?

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  • #113681 Reply
    JR

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

      #113682 Reply
      Stewart

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

        #113683 Reply
        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.

          #113684 Reply
          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

            #113685 Reply
            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.

              #113686 Reply
              Ziad

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

                #113687 Reply
                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.

                  #113688 Reply
                  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!

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