book-financialadvice

 

It’s 2013. We are living in a day and age where information, on just about anything, is readily available.  Whether it’s through the internet or at your local library, advice on a wide ray of subjects can be found if one just take the time out to look.  This is especially true for parents who aren’t necessarily equipped with enough knowledge to pass down to their kids. One area that often stomps the parents when asked a question is money.

 

Personal finance, investing, wealth management, etc are all topics that parents should start teaching their kids early on.  But unfortunately there are many parents that suffer from personal money issues. So, this automatically deters them from being a great role model and/or teacher.  However, the necessary information and resources that can help young adults manage their financial lives are out there.

 

To help parents instill some financial accountability into their kids, STACKS Magazine found several great Books To Help Young Adults Manage Their Financial Life.  Here’s the list:

 

1.  The Total Money Makeover: A Proven Plan for Financial Fitness by Dave Ramsey

2.  Suze Orman’s 2009 Action Plan: Keeping Your Money Safe & Sound

3. Financial Planning for Your First Job by Matthew Brandeburg

4. Investment Visionaries: A Roadmap to Wealth from the World’s Greatest Money Managers by Peter J. Tanous

5. Get A Financial Life: Personal Finance In Your Twenties and Thirties by Beth Kobliner

6. Your So Money: Live Rich, Even When Your Not by Farnoosh Torabi

7. Street Wise: A Guide for Teen Investors by Janet Bamford

 

Parents, most of these books can be purchased online on Amazon.  The earlier your child start developing some financial responsibility, the less financial headaches they’ll experience in the future.