Personal Finance & Investing for Teens

Woodridge LibraryRead FeedStaff Picks

Personal Finance & Investing for Teens

Learning about the value of money today helps to build appreciation for its potential in the future. It is never to early to become financially savvy using tricks for saving money and building wealth toward a comfortable retirement. Listed below, you will find six book recommendations for gaining perspective on money management skills that would serve young people well into adulthood. 


All About the Green by Kara McGuire 
Author Kara McGuire explores the first steps to building wealth, which is through finding a job or starting a business. Learn about real world salary negotiation, paychecks, and the benefits of early contributions to a Roth IRA. 

The Motley Fool Investment Guide for Teens  by David Gardner
The Motley Fool is a financial resource that helps teens find their way as budding investors. Whether the goal is saving for college, a car or a trip anywhere in the world, Gardner lays out a set of strategies that focus on building wealth through the acquisition of stocks. 

Rich Dad, Poor Dad for Teens by Robert Kiyosaki 
Kiyosaki puts forth a very digestible piece for young people seeking financial empowerment. The overall tone looks to ready the mind for success while discouraging the sentiment of "I can't afford this", to a more positive "How can I afford this?" A great confidence builder for teens becoming more aware of the their financial future. 

Smart Money: How to Manage Your Cash  by Danielle Denega 
Smart Money is a great read for teens with even a small amount of money. Chapters in the book give attention to where to put savings, how to spend wisely and the best practices for avoiding crippling debt. This title would make a fantastic entry into the world of personal finance for young people.

First Bank Account and First Investments Smarts by Jeri Freedman
Inside this book, you will find topics ranging from online accounts for investing, simple and compound interest and budgeting tips for maximum savings. Author Jeri Freedman explains investing both for retirement and to increase wealth. Readers will learn about a variety of investment vehicles to jump start a beginner's portfolio.

The Young Investor by Katherine Bateman 
 Bateman delves inside the concepts of simple and compound interest, stocks and bonds and the right way to buy or sell a stock, mutual fund, or savings bond. Learn how to balance a checkbook, read a stock table and understand common financial terms such as inflation, recession and the Federal Reserve Board. A recommended title for teens with the interest of investing and looking for guidance.