Money for Teens: A Guide for Life

This book grew out of teaching a personal finance. Every week, I asked teens what they wanted to learn. After they told me, worked as hard as I could to acquire the best advice available. I interviewed everyone from self-made millionaires to happy couples. I scheduled over 60 guest speakers on every money and relationship topic imaginable. I read, researched, and experimented. And then I asked the teens again, and again. With over 100 bite-size chapters and exercises, Money for Teens discusses everything we could think of, including: budgeting, investing, starting a business this week, negotiating, college without debt, getting hired, how your relationships and the rest of your life ties into your money, and much more. * Investing with index funds, which beat 99% of everything else that’s out there (if you’re looking at 15+ year time frame) * Relationships and money: how to make an “A” in both * Why almost all debt is bad * 20 ways you can be like the 37% of college students who graduate without debt * The best decision-making model * The F.I. (Financial Independence) and F.I.R.E. (Financial Independence Retire Early) movements * Get hired * Get promoted * Get a career * Get a personal mission * Cars * Credit Cards Debt vs. early investing * The best way to shop * Exercises for budget crises * Jobs vs. Careers. vs. Personal Missions * Who makes more: givers or takers? * If you get rich and have kids, how to not raise a brat * How millionaires raise responsible, not entitled, kids * Why do happy people make more money than unhappy people? * Why do honest people usually make more money than dishonest people? * Pitfalls of life like addictions, and how they destroy your money * Gratitude’s surprising $ benefits * How to make the emotional side of money and happiness work for you * Ways to avoid impulse spending without having to rely on self-discipline * Time management for scholarships, side hustles, and other big projects * Time management: three excellent methods We must control our money or the triple D’s—debt, deprivation, and desperation—will control us. Read, enjoy, and prosper.