What are the best books for young adults to help them learn how to handle their money.?
My step daughter is 22 with a child and a part time job. We keep telling her to save her money and not blow it away.
Are there good books to help her understand? or advise?
I am a financial counselor and this is ALWAYS the first book I start everyone out with. It is easy to read, easy to identify with, and it doesn’t read like a textbook. It starts with the very basics about dealing with debt, saving and improving your financial situation BEFORE it goes into any kind of investing. I have found that people who will not learn from, and follow, the advice in Dave Ramsey’s "The Total Money Makeover" usually will not follow the advice in any other good book about personal finance. There’s a book review and a LOT more information about personal finance on the Financial Page of my website eclecticsite.com And all the info and help are free!
Check out Dave Ramsey’s books for young adults! Notable: Financial Peace University!!!
References :
daveramsey.com
i just don’t see someone at this age taking a book like that seriously. i woud suggest she sit down with a financial advisor at her bank. they can be very convincing. one almost convinced me to put my rent money into a CD instead of using it for rent one month.
References :
I started at usa.gov and got here in 2 clicks.
Everything you need to know.
http://www.usa.gov/Citizen/Topics/Money_Taxes.shtml
You do it next time.
References :
I found this book to be very worthwhile and helped me form a healthy relationship with money as a young adult.
References :
I am a financial counselor and this is ALWAYS the first book I start everyone out with. It is easy to read, easy to identify with, and it doesn’t read like a textbook. It starts with the very basics about dealing with debt, saving and improving your financial situation BEFORE it goes into any kind of investing. I have found that people who will not learn from, and follow, the advice in Dave Ramsey’s "The Total Money Makeover" usually will not follow the advice in any other good book about personal finance. There’s a book review and a LOT more information about personal finance on the Financial Page of my website eclecticsite.com And all the info and help are free!
References :
http://www.eclecticsite.com/financial.html