 |
| - |
| Take
a look at some recommended summer reading on money
and finance for young adults. |
| - |
| A
good introductory book on how to handle money
responsibly is called The Generation Y Money
Book by Don Silver (Adams-Hall Publishing,
200) |
| - |
| Silver
is aware that the local mall serves as a gathering
place for teenagers. Knowing this he devotes an
entire chapter to advice on shopping: comparing
prices, checking warranties, return policies,
watching for sales, bargaining, and safe ways to
buy on the internet. |
| - |
| He
describes how to get a credit card and how to use
it properly. He also provides a variety of
suggestions on how to make a child's savings grow
in interest-paying accounts and through mutual
funds and stocks. |
| - |
| President
of Young Adult Library Services, Jane Fine, said
children ages 9 to 12 need books with information
that is easy to understand. "Interesting or
funny pictures that amuse" are a plus, she
added. |
| - |
| Teenagers
are especially eager for practical
information, she said. "They're moving at an
incredible fast pace, so they want to get
information, then go do it." |
| - |
| Here
are her recommendations: |
| - |
| For
Ages 9-12: |
| Growing
Money: A Complete Investing Guide for Kids by
Gail Garlitz and Debbie Honig (Price, Stern,
Sloan, 1998). Easy-to-digest information for
youths about money, including facts, history,
economics, stocks and bonds. Activities provide a
fun way to use the knowledge and apply it to real
life. |
| - |
| Neale
S. Godfrey's Ultimate Kids Money Book
(Simon & Schuster, 1998). Humorous
illustrations, fun family projects, and
information about all aspects of finance. |
| - |
| The
Everything Kids Money Book by Diane Mayr
(Adams Business Media, 2000). This book represents
a variety of information about all aspects of
finance for youths in a fun and factual way. |
| - |
| For
Teenagers: |
| I
Want to be Rich! A Teenager's Modem to Money:
Financial Planning for Teenagers by Karen
Humbolt (Reynolds Publishing Co., 1998). Teenagers
who want to be in charge of their financial future
should read this book. Information about budgets,
taxes, inflation, investing, stocks and bonds,
starting a business, and much more is represented
in a clear, easy-to-understand format. |
| - |
| Source:
The Philadelphia Inquirer |
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